Greg Secker is an industry leader in the world of trading. He has some expert tips for those who want to get started with forex trading.
First of all, you have to understand how things work. You can not just jump in without knowing what you are doing. That is a recipe for disaster. Before you get started, make sure you know how things work, which tools you are going to need, how to use them, and the terminology of the trading world. You need to have a solid foundation before you start.
Next, follow in the footsteps of someone who has done it already. There are many experts out there, and most of them started out just as you did, as a beginner. By learning from them and following the steps and methodology they took, you will be able to copy their recipe for success. For example, you can learn from Greg Secker and study how he managed to become so successful.
Another good idea is to stick to one trading strategy. It is easy to switch from one strategy to the other, hoping that one will work out better than the one you tried before. However, if you keep switching, you will only end up with confusion on your part. You have to stick to one thing and learn it well before you move on. Just become an expert in what you do.
You also have to make decisions that are based on pure logic. It is likely that you will sometimes get frustrated and upset. However, you can not make rash decisions based on how you are currently feeling. You have to think things through and make decisions based on pure logic.
Greg Secker later became a well known speaker and author. He started the Learn To Trade program, which helps people start trading. His Smart Charts Software lets anyone be successful with forex trading, even if they are newbies.