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Nial Fuller

NIAL FULLER
Professional Trader, Author & Trading Coach

How To Make 2015 Your Best Trading Year Yet

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By in Forex Trading Blog Last updated on | 23 Comments

happy new year 2015.young man jumping and drawing 2015The holidays are over and here you are, sitting at your computer hoping that 2015 is a better trading year than last year. Well, I am here to tell you that ‘hope’ has no real place in a trader’s mind and if you hope too much, you will hope yourself right into a blown-out trading account. You don’t want that and I don’t want that for you. So, in today’s lesson, I am going to give you some solid insight and suggestions that if you follow consistently will help you make 2015 your best trading year yet…

Get S#@! Done!

Let’s be honest, we are all guilty of being lazy sometimes, and some of us have more work to do in this area than others. But, if you’re someone who has been a procrastinator in 2014, it’s certainly not going to help your 2015 trading performance if you continue on that path. Allow me to elaborate…

You know that nagging feeling when you should be doing something but instead you’re watching T.V. or otherwise avoiding your responsibilities? That feeling is not conducive to the proper trading mindset, nor the proper mindset for anything really.

Many people procrastinate on many different things, but certainly exercising is a big one that a lot of people can relate to. I am personally guilty of procrastinating on exercising and it’s something I am making an effort to change this year. The studies on the benefits of exercise all point to improved cognitive functioning and bodily functioning, as well as an overall improved state of well-being and health. If you really want to put the odds of trading success in your favour in 2015, you (and I) need to get on the ball and make exercise a priority, not something that we “will do later”.

If exercise procrastination wasn’t your problem in 2014, then apply this mentality of “Getting S%@! Done” elsewhere, because there’s nothing worse than carrying around a head full of things you ‘should be doing’ but you aren’t. Get your priorities and responsibilities done first, then your mind will be clear and calm for trading or any other activity you choose. Remember this by thinking “You’ve got to earn your party”, or “Business first, party later”.

Shift your focus from the ‘destination’ to the ‘journey’ of trading…

If I had to describe the inherent problem most traders face in trading, I would say it’s that since it is possible to make ‘fast money’ in the market, most traders focus way too much on that and way too little on the process of trading. It’s an ironic fact that you will never make money trading until you stop thinking so much about making money. The people who make consistent money in the market are people who love trading and who are good traders. They could trade well on a $500 account or a $50,000 account, for them it doesn’t matter what size the account is because they understand that trading success is all about the journey, not the destination.

In other words, instead of focusing on the destination of ‘making money’, you should be focusing on the journey of trading properly. That means good entries, ‘feeling’ the market and getting in tune with it. It also means proper and consistent risk management and working on your trade exits. A funny thing happens when you focus on these things and forget about ‘making money’, that is, you actually start making money and stop losing it!

I find that traders often get so engrossed in the dreams of quitting their jobs and ‘fast money’, that they don’t properly focus on how to trade nor do they put in the time and effort to develop proper trading skills. No amount of hoping, wishing or dreaming can substitute for learning how to trade properly.

Get organized.

This tip is both a ‘trading tip’ as well as a lifestyle tip. If you’ve been trying to trade out of a cluttered office or in the corner of your messy bedroom, you need to change that. It’s a fact that our environment and surroundings influence our mindset and thought processes, and those things obviously directly influence our trading.

You need to be well-organized to have a clear and calm trading mindset, and a clear and calm mindset is crucial to successful trading. I just finished cleaning up my office, getting rid of old papers / receipts I didn’t need and simplifying my trading environment. I have found that a clean trading room often influences my mindset to become ‘cleaner’ and more focused. I think if you follow this advice you’ll find the same is true for you and as a result you’ll see the market more clearly and stay more focused and disciplined.

The Key is consistency…

The key or ‘glue’ with all of the above points, is that you have to be consistent in staying on top of them all year. Don’t think of them so much as ‘new year’s resolutions’, but instead think of them as lifestyle and mindset changes. You’re trying to develop new habits in your life and in your mind, because doing so is truly the key to successful trading. Essentially, you have to become a better version of yourself if you want to become a consistently profitable trader. That means you need to become more patient, more disciplined, more organized and more focused on the proper things. If you can do this month in and month out over the course of this New Year, I can almost guarantee you that 2015 will be your best trading year yet.

If you’ve been following my site for a while you know the basics of my trading approach. It’s a relatively simple price action based approach that focuses on key levels in the market and trading trends from value. If you’re a member of my price action trading community and have taken my trading course, you know my method inside and out and all the details on how I trade. However, knowing something isn’t everything, you’ve got to implement it and stay true to it, and that’s where many people get lost. So as you start the 2015 trading year, remember that consistency in all areas of life and trading is key!

Here’s to Good Trading in this New Year – Nial Fuller

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About Nial Fuller

is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 20,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
  1. Alf January 21, 2015 at 5:15 pm

    A great article, a great advice!
    many thanks Nial.
    ALF

    Reply
  2. Robert January 20, 2015 at 8:37 am

    Thank you Nial,
    Your newsletters are great. I have been searching for the Sniper article for a friend and haven’t been able to locate it. It is great advice too!

    Reply
  3. Sanjay January 19, 2015 at 5:24 pm

    Great Article, you have make me wait for your article every week.
    This one is one of the best. An strategy to make 100 to 1000 is this one, wait for trade for weeks to align with Fundamentals & Technicals and when they align you don’t eat breakfast but you eat Six Month’s food in one trade by risking only what you are comfortable with.

    Thanks for Big Idea Sir.

    Lets analyse than Lets wait……..

    Reply
  4. Wendy January 19, 2015 at 12:41 pm

    Hi Nial,

    Very good article. It is helpful to keep learning and readjust my mindset.

    Thanks,

    Wendy

    Reply
  5. Mzabalazo Nsibande January 19, 2015 at 6:19 am

    what are we in this world of trades without your guide and advisory articles ,much respect once again mr Fuller

    Reply
  6. Amos January 18, 2015 at 2:00 am

    Great article to commence 2015 on the right trading path. I love you Nial and thanks a great deal for sharing your trading wisdom so selflessly. Education + mindset is the key. I have set my goal for this year and i am confident that with God, and your mentoring advice, i will accomplish my target.

    Once again, thanks a great deal.

    Reply
  7. andy January 17, 2015 at 10:47 pm

    Wow, Nial. I don’t know how you do it but every time I take a wrong move along comes your weekly email almost telling me exactly what I did wrong. Early last week I decided to try a few lots on an oil short. It went very well and I made a great profit on it. I was euphoric! I was so excited I tried again. Loss. And again. Loss. Oil had turned around but I was ‘convinced’ it would still fall. No way, Jose. All the profit I’d made went within about 7 trades. Stupid! I will not be doing this again.
    I decided to go back to school and learn some more.
    Thanks for your articles. They’re absolute gems.
    Andy Moore

    Reply
  8. Boby January 17, 2015 at 12:10 pm

    Your article really inspired me. I hope this year will be better than the previous year. thank you so much Nial

    Reply
  9. jessey January 17, 2015 at 11:38 am

    Thank a lot Nial. you’re a protégé. you really do know how to get to one .am getting addicted to your blogging.

    Reply
  10. Vijay Sonawane January 17, 2015 at 7:37 am

    Nice 1 Nial, thanks!

    Reply
  11. demola January 17, 2015 at 2:05 am

    Really,your articles are always helpful.If one should stick to them, will be in the market for a long time.Vital info that boosts trading plans.Appreciate this

    Reply
  12. Mr sha January 17, 2015 at 1:20 am

    You are the best Nial, you get to the point the fact, fun to read easy to understand
    I alway enjoy reading your letter, you are great keep up the good work

    Many thanks

    Reply
  13. FrankyBoy January 17, 2015 at 12:46 am

    “One trade can make or break you” Tell me about it my matey. Despite all the hype for USD I have been shorting USD/CHF for the past week. Yesterday I a made a small fortune when CHF went ballistic! My secret? – Do my own research and ignore the news! Great start to 2015! What you say Nial is spot on!

    Reply
  14. Pete January 16, 2015 at 11:23 pm

    Thanks Nial. You plainly state what a trader needs to learn. Discipline, skill, attention and belief. Only by having skin in the game can you truly appreciate the wisdom in the article.

    Reply
  15. Hendrik January 16, 2015 at 9:05 pm

    Always good advice Nial.
    Adding to your article, spread your risk over multiple accounts and minimal 3 brokers. This is first level risk and money management.
    Decrease risk dramatically in this high volatility times or do not trade at all and wait when the storm is over. There are going to be plenty of new opportunities after this volatility storm.

    Reply
  16. harpreet singh January 16, 2015 at 4:57 pm

    Thanks Nial, great article

    Reply
  17. Lakes January 15, 2015 at 11:11 pm

    Thanks for the article. It’s a water to my soul. Good one!!!

    Reply
    • Daniel Howard January 17, 2015 at 12:04 am

      I have to leave a comment concerning this comment. If you want to feed your soul, read the bible. Although I like Nial and what he says, this is just trading advice.

      Reply
  18. oghenemaro paul January 15, 2015 at 10:08 pm

    good one nial. this article has just made my day

    Reply

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