This is one question that alot of people ask all the time.
Who is the best forex trader in the world?
Well it may run up to a names like george soros. But well the guy isn’t really a forex trader like all of us.
If you ask me, there are really many definitions to what criteria do place to be considered the best forex trader or just to say a good forex trader.
Do you consider ones who make 1% – 20% a year a good forex trader?
Well some do, but will 1% – 20% a year make you rich?
It would IF you have a large capital.
But the fact is, most don’t when we first get started in trading.
We are looking to accumulate and to grow and to compound our profits into a big one.
Hopefully within a short timeframe so that we all can quit our day job and become a full time forex trader.
Now we want to be realistic in our goals for forex trading, but we also want to aim high.
A reasonable % a month so that we can quit our day job ASAP.
If you ask me 5%-20% a month is a realistic figure.
A figure that is good enough to support your current lifestyle or better without having a day job.
Best Forex Trader Criteria
Now the next criteria for a definition of a good forex trader will be – how many hours a day will i need to make that much money?
Do you consider trading 8 hours a day good?
Well it’s good considering the fact that you are now working from your own home and not in your office and to face your boss.
But it isn’t good enough for me.
I wouldn’t want to spend 8 hours a day trading my life away.
That’s not the lifestyle i want.
I also do not want staying up a night just because some people say certain market is open and it’s better to trade during that timeframe.
I trade when i want and i do not change my lifestyle to trading. I tune trading to fit my lifestyle.
I basically only trade less than 30 mins a day now and making the SAME amazing profit percentage as those who trades 8 hours a day.
This is what i call LIFESTYLE TRADING.
I live that and I preach that.
Best Forex Trader = Lifestyle Trader
At least this is the criteria to what i consider as the best forex trader.
That’s a photo of the real me without the fanciful suit and the real me trading without fanciful multi-monitors (which some traders use – just to feel professional? =) )
I’m saying all these not to brag.
What i want to say is that you need to consider your trading system and your trading lifestyle.
Are you truly living the life you want?
Is your life based around your work or forex trading?
Or have you used forex trading to compliment your lifestyle?
Currently, I have just completed a meticulously crafted AFM Home Study Program Forex Trading Course. There are no screenshots in the training, only live charts. I preach what i teach and it’s the exact FULL Forex Trading Strategies | system that i personally use to be consistently profitable.
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