Learn FX Trading -> Your Forex Work Station.

[asiaforexmentor 10]

Learn FX Trading -> Your Forex Work Station

 

LEARN FX TRADING

 

Many fx traders are always busy finding the holy grail. Largely because they are still not making money in forex trading.

Or to put it blatantly, they are losing money!

So they push it all to failing to find the right forex trading strategy / forex trading system.

It may be true.

But they probably also missed out a seemingly unimportant factor.

Their work station.

When i first started trading, of course i didn’t had my own study/work room.

I had my television, computer, bed, snacks .. everything in the same room.

So as you can see.

The ENVIRONMENT is already not right for trading/ working / studying..

Learn FX Trading -> Your Forex Work Station

 

Learn Fx Trading

I used to always had my television on at the same time whilst my trading.

There were so many distractions in place.

I could not really focus on trading nor being able to detect what went wrong in my trading.

Is it because of my emotions?

Is it because i neglected a certain point in my forex trading strategy?

How can i tweak my trading to better?

All i did was to trade and trade and trade.

And i did not had the time, nor the energy to focus on what was going wrong.

So this seemingly small issue: My work station

Is actually an important issue that one needs to address.

We need to have a CLEAR, UNCLUTTERED WORK STATION.

With Little Distractions.

Learn FX Trading -> Your Forex Work Station

 

LEARN FX TRADING

Preferably – You have a room solely for working / trading.

You then will need to have a good solid working chair. (arm chair) – Well, you are going to sit on that chair all day long, shouldn’t you have a proper chair so that your posture & comfort is not an issue in the long run?

You need not have tons of multiple monitors. Depending on your forex trading strategy. Usually 2 – 3 monitors is more than enough.

You make it clear to yourself that when you are in the working room, you work, you trade, and you do not do other crappy useless stuffs that will practically waste your time away. eg. surfing through facebook

You are ALWAYS THINKING! ( I can’t stress how important this is, probably i will write an article on this topic alone)

One of the major factor that attribute to my success is that i am ALWAYS THINKING.

I am always thinking how to make things right, make things better.

I am always thinking of new ideas, rationalizing them.

And eventually putting them into action.

So guys, if you take my word for it.

Starting revamping your workstation now!

You will see the difference!

 

Ezekiel Chew

Asia #1 Forex Mentor

[henryduncan12 10]

I also consider that Forex Work Station play an vital role in profit or loss during forex trading. Because it helps to do more concentration on trading without any physical disturbance. I think, traders should have CLEAR, UNCLUTTERED WORK STATION for trading.

[Mysticforex 13]

Agree with both the above...

 

I am in EST ( GMT -5 ), but get up to trade at 2AM. The rest of the house is sleeping, no distractions.

[smmatrix 11]

I have two offices, one in Asia and the other in the U.S. I spend an equal amount of time at each place, and my trading desk are almost identical along with my trading assistants.

desk picture attached.

 

My charts are in front of me, and my trade execution platform is always on my side on a laptop. Redundancy is key. If power or internet go out, have immediate backups in place.

 

Yes, chair is very important. Spend a fortune on it. That's where you'll spend half your life, so make it comfortable. Just like your mattress, don't skimp on it.

 

Most of the time, the television is distracting, so lose it.

 

Tip for newbies: If you're not profitable now, spending lots of money on a revamped work area is not going to make you profitable. Get profitable first, then expand as you grow.