You only have one shot at this life.
Make it epic.
We believe that the worst tragedy that can happen to you is you realize on your deathbed that you didn't live fully.
Trading can help you achieve freedom, live life on your terms and avoid major regrets when it's time to check out.
But trading isn't as easy as some people on the internet want you to believe.
It's a real profession that requires skill and focus that is on par with elite athletes.
So here's some real talk about what it really takes to become a successful trader and how Trading Heroes can help you unlock your highest trading potential.
How Trading Heroes Can Help You Reach Your Trading Goals
Most trading education sites out there teach what works for one trader.
That's basically how trading has been taught since the days of mail order trading courses.
There's a huge flaw with that education method.
It assumes that a trading strategy will work the same for everyone.
That's not how real-world trading works.
In order for you to succeed at trading, a strategy has to match your personality, lifestyle and risk tolerance…among other things.
So the one-size-fits-all model simply doesn't work.
It's like saying everyone likes brussel sprouts.
I don't like brussel sprouts. Bleh…
Trading Heroes is different because:
- We help you find trading strategies that fit your unique personality, lifestyle and risk tolerance.
- We teach you the process of testing and verifying strategies, so you can see for yourself if a strategy works for you or not.
- We present research on what really works in trading psychology.
- We present our information in a modular format. This way you can use what works for you and leave the rest.
All we care about is showing you positive, tangible results.
Let's face it, there are really only two parts to trading success:
- Trading Strategy
- Trading Psychology
This sounds super simple in theory, but it's actually very challenging to master.
The first step to unlocking your Heroic trading potential is to understand the truth behind Forex trading strategies.
1. The Truth About Forex Trading Strategies
Most online trading education is focused on trading strategies, so let's start there.
Some trading educators will try to convince you that their trading strategy is all you need to become a successful trader.
…and that may be true.
IF their strategy is aligned with your personality.
But if it isn't, then you can easily spend years on what I call the Trading Silodrome.
You learn a strategy, lose money, then jump to a new strategy.
Each time, you go through this cycle, you lose more money and get a little less excited about the next trading strategy.
At some point, most traders blow out their account, or give up out of frustration.
But it doesn't have to be this way, if you have a solid process in place for vetting, testing and optimizing trading strategies.
If you want to succeed in trading, your process should look more like this:
- Backtest (verify that the strategy has an edge)
- Beta Trade (verify that this strategy works with your personality/lifestyle)
- Live trade (now risk real money)
Again, super simple in theory, but challenging to master.
Most traders jump into step 3 without knowing if a strategy has an edge or work with their personality/lifestyle.
That's why over 90% of traders fail to become consistently profitable.
Following the steps above can help ensure that you break the Silodrome cycle and finally have a consistently profitable trading strategy.
Once you have one profitable strategy in your toolbox, the second one will be much easier.
…if you even need a second one. You might find that you only need one.
If you want to get started with this process, here are some useful links:
- A list of trading strategies
- Results of backtesting
- Articles on trading personality
- Free Trading Plan PDF
- How to backtest
- How to beta trade
- How to create a trading journal
- Articles on trading psychology
But trading strategies are only a small part of trading success.
The real key to success lies in trading psychology…
2. The Truth About Trading Psychology
Most of the trading psychologists that we've spoken to over the years use talk therapy and focus on what happened in childhood, to try to resolve trading psychology issues.
Others will try to get you to use sheer “willpower” to change your behavior.
Those methods can help solve a few surface level issues.
But if you are still facing stubborn roadblocks, then you will have to go deeper in to your psychology.
This is the stuff that we find really exciting because it can make lasting positive changes, in a short amount of time.
We take help traders fix their trading psychology to become better traders…and better humans.
There's so much to cover in trading psychology, but you can get started here.
Most of your success in trading will come down to your psychology.
Don't underestimate it.
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Founder – Trading Heroes
P.P.S. – We support these causes. We encourage you to support a cause you believe in. It creates positive change in the world and gives your trading more meaning.