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Nial Fuller

NIAL FULLER
Professional Trader, Author & Trading Coach

Do You Really Deserve To Be A Successful Trader?

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By in Forex Trading Articles by Nial Fuller Last updated on | 61 Comments

No matter what you think about the following statement I’m about to make, it’s true, and you will see why if you finish reading today’s lesson…

The rich and successful in this world, including business people, professional athletes, movie stars and the like, all DESERVE the money and success they have earned and achieved in their lives.

In nearly every case, they work harder and smarter than the other 99% of the population, they do what 99% of the population won’t do, they take the risks, they invest the time, effort and money, they study and practice and perfect their crafts constantly. Whether directly or indirectly, they are working on becoming “the best”, the majority of their waking hours.

The biggest difference between a successful person and an unsuccessful person is almost always the level of conscientiousness to the task and awareness of what needs to be done and when. That means they are dedicated to always learning and absorbing new knowledge and information, it means they work their asses off to get to where they want to be and dream to be, it means they seek out solutions and answers to the problems and challenges they face. The rich and successful live and breath what they do, they are passionate and will usually be the one in the group who is prepared to do whatever it takes, including take the risks required to get the result they desire.

That, my friends, is the price of freedom and lifestyle, be it from trading, business, sports, a top level executive or CEO, or whatever it is you choose to be. The majority of those that eventually get the good life, deserve the good life, not because it was they inherited it, but because they out-worked everyone else to get it.

So, where does that leave you? Where do you think you stand right now in your life when it comes to increasing your level of conscientiousness, what’s your level of awareness? Be honest with yourself, if you’re overweight, do you deserve to be overweight or do you eat well and exercise regularly? Do you study health and nutrition ? If not, then you probably deserve to be overweight. Do you study the markets, do you read constantly about the markets, do you take courses and seek mentors, do you study the market and charts every day?

No pressure here or anything, but right now, after hearing a brief intro. into what the rich and successful in this world do and how they think and act, do you think at this stage you really deserve trading success and the lifestyle it can bring? Are you really doing what it takes?

IF NOT, READ ON…

Even if you’re not rich yet, even if you’re not successful yet, even if you only have $1,000 in your trading account, you NEED to start acting as if you are a millionaire, you need to start acting as if you have already made it and to do that I have laid out some ideas below to help you get into the right groove. Hopefully this will bring you close to the self-belief that you deserve to master the game of trading, investing, business, whatever endeavor you choose to pursue.

Do you even know why you’re trading and what you want from it?

It’s funny that many, if not most traders, have no idea why they are even trading beyond “I want to make money.” That, my friends, is a problem.

If you don’t know where you’re going, what your goals are, how in the heck can you make a plan to achieve them? You need a “mission statement” for what your reason(s) for trading is, don’t just “wing it” and “see what happens” because if you do this, you’re gambling.

You need to get real about this shit, seriously, this is REAL MONEY AND REAL LIFE, it’s YOUR MONEY. It’s not a “fun little game” we are playing on the internet. Trading IS BUSINESS on the world’s biggest stage; the financial markets. If you aren’t prepared to do this business properly, you are going to get steam-rolled, I promise you that.

Being “prepared” and “playing properly” means you know why you are trading and exactly what your end-goal is, and it can’t just be “to make fast money”, because honestly, you are not going to make fast money unless you get super lucky, and if you are relying on luck to make money in the markets, you’re gambling and you’ll eventually blow up your account as a result.

As an example, what someone wants out of trading could be something like “I want to diversify my income streams and obtain another avenue for making some money besides just my 9-5 job, so my first goal is to just supplement my monthly income with trading income” – that is a specific defined goal that is not too lofty. Too often, traders start with unrealistic goals like “I want to quit my job immediately and make a thousand dollars a day trading” – these types of “goals” are not helpful because they are not realistic.

Your thirst for knowledge has to be unquenchable and insatiable

Warren Buffet still reads everyday, most likely a large portion of his day. He goes to work and studies his craft and industry, despite being almost 90 and one of the richest people alive. Most people would have slacked off decades ago if they had Warren’s money, but not him, and that is why he is the best at what he does.

Tiger Woods still practices golf on a regular basis, despite having achieved everything any professional golfer dreams of. Most people would have thrown in the towel and resorted to a life of laziness and luxury at this point. There is an inner drive, competitiveness, passion, that keeps Tiger, Warren and many others dedicated to their craft. They are just as dedicated now as they were in the beginning, before they were successful, and that is what is required to achieve success in anything.

Ask yourself this: Are you constantly looking to increase your trading knowledge, skills and conscientiousness? Honestly, you shouldn’t even feel like it’s something you “have to do”, you should WANT TO DO IT. If you don’t have that innate desire to WANT to do it, then maybe you don’t deserve to be a successful trader and maybe you should put your time and effort into a different endeavour.

Are you just here to gamble or are you here to make money long-term?

Do you want to make money over the long-run or are you just here to gamble? You may say that you’re here to make money long-term but how you trade and how you feel when you’re planning and about to place a trade will tell you a lot.

If you don’t have a plan, then you’re planning to fail. If you’re second-guessing yourself constantly and have little to no confidence in your decisions, then you probably haven’t learned an effective strategy and don’t have a trading plan in place.

Day-traders almost always end up gambling, because of the constant screens in their face, the constant price changes, the temptation to take stupid trades that don’t meet whatever system they’re trading is too strong for most people to overcome. If you want to make money long-term you need to learn position trading where you hold trades for 1-3 days to 1-3 weeks on average.

Day-trading influences a trading addiction mindset which is NOT the mindset of a pro trader. Professional traders do not trade “for thrills”, they trade for goals, and they have a plan in place to achieve those goals. SOME people can day-trade successfully, but very, very few can do it because it tests the human ability to have self-control perhaps more than any other endeavor on earth. Pro traders do enjoy trading, but it has to be calculated and calm, not impulsive and erratic.

Do you treat your trading like a business and trade with a plan?

This may sound repetitive, but it’s because it’s important. YOU NEED to trade with a plan. If you don’t have a trading plan then you need to make one asap. I have a complete trading plan template at the end of my professional trading course that can fast-track this process for you.

Every business has a goal and a plan to get there, trading should be no different. Too many (most) traders simply learn about trading, read a few blog posts and then start chucking their money into an account and then let the trades fly. This is why they lose money too and why they DON’T DESERVE TRADING SUCCESS.

Do you think and act like a ‘baller’?

If you don’t think and BELIEVE that you deserve trading success BEFORE you actually have the success, how do you think you’ll ever get it? The only way to start doing everything right, that you need to do to become successful, is to first believe that you deserve and that you will attain it. As I’ve written about before, you have to think and act like a ‘baller’ to eventually become one.

As yourself, do you trade like a seasoned hedge-fund manager by position trading and not wasting time on short-term charts? Are you calm and collected and calculating? Do you remove the emotion and the mental highs and lows from trading? If not, you need to start working on these things to become deserving of trading success.

Are you sickeningly disciplined and ninja-focused?

To deserve trading success you also need to put in the time and effort required for such a “reward”. You may not want to hear this, but you have to be sickeningly disciplined and have laser-focus if you want to put yourself into position to deserve trading success.

In an article I wrote on how to become a trading master, I discuss how famed martial artist Bruce Lee become the best ever at his craft. He is a good example of the type of dedication and discipline it takes to deserve trading success. It is not going to “just happen” to you because you think you want it more than the next guy. Let me tell you something, there is not a person on this Earth who wouldn’t love to be able to make consistent money trading the markets, so just “wanting it bad” means ZERO.

Fear the opponent who has practiced 1 kick 10,000 times, not the one who has practiced 10,000 kicks 1 time, put that in your ‘pipe’ and puff on it a while.

Conclusion

After reading today’s lesson, what I want you to do is ask yourself the following questions and answer honestly:

  • What are you going to do to continue building your trading conscientiousness and awareness?
  • Are you doing enough or is there a lot more fuel in your tank you could be using?
  • Do you really deserve success in trading, business or your personal life? What are you doing to earn it?
  • Are you one of the 1% who “ticks all the boxes” we discussed above, day in and day out?

You may feel like you have some work to do, and that’s okay because I am here to assist you in any way I can. Just remember, ultimately it’s YOU who has to put in the hard work, ‘sweat and tears’, because I can teach you through my professional trading courses and online members’ area, but I cannot force you to do what is required to deserve trading success. You may think you deserve trading success but if you aren’t seeing it reflected in your trading account then I promise you that you don’t deserve it yet, so you need to re-group and plan out what you can start doing to deserve that success you so desperately desire.

Please Leave A Comment Below With Your Thoughts On This Lesson…

If You Have Any Questions, Please Contact Me Here.

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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. Mr Apata June 13, 2019 at 1:17 am

    Now I know that trading business is not a get-rich-quick business; it needs time and patience to become profitable. The best thing, as a beginner, is constant study and practice.

    Reply
  2. Isaac Oyelakin June 13, 2019 at 12:55 am

    Niall always on point
    Helpful articles
    Tanks so much

    Reply
  3. Osinachi June 12, 2019 at 10:59 am

    Truth is, it takes years to master the act of trading and become consistently profitable, especially when you don’t have a successful trader as a mentor.
    Thanks for the great article!

    Reply
  4. Matt June 12, 2019 at 9:26 am

    thks boss. very interesting and educative article . May Almighty God help and bring us all to trading success someday

    Reply
  5. Tom June 11, 2019 at 11:43 pm

    Boom. Another truth bomb going off in my head. Powerful stuff.

    Reply
  6. NGUYỄN QUỐC THẮNG June 11, 2019 at 6:38 pm

    THANK YOU VERY MUCH FOR LESSON TODAY !

    Reply
  7. Godwin June 11, 2019 at 8:32 am

    Thanks, Nial, learning and acquiring knowledge is key forever progress.

    Reply
  8. Folahan Olumide June 11, 2019 at 7:32 am

    Nice! Thank You.

    Reply
  9. Ali June 11, 2019 at 5:34 am

    Great great and full of seriousness and motivating article👍👍

    Thank you so much

    Reply
  10. Gabstar June 11, 2019 at 2:30 am

    Thanks Nial, the article is an eye opener and a reminder to do it right

    Reply
  11. MARIO June 11, 2019 at 2:07 am

    very strong article to apply thank you very much Nail

    Reply
  12. SARFO AMISSAH June 10, 2019 at 11:08 pm

    GREAT LESSON FORM A GREAT MAN .THANKS FOR THE HARD TRUTH BEEN TOLD.

    Reply
  13. Adewale June 10, 2019 at 10:58 pm

    “Fear the opponent who has practiced 1 kick 10,000 times, not the one who has practiced 10,000 kicks 1 time, put that in your ‘pipe’ and puff on it a while.” Reality check.
    Everybody deserve success, but not everybody can be sickeningly disciplined their emotions over logic. Nial, thanks for this expository Article. The journey of becoming successful trader will Test, Trick and Trap your gut, but the rewards worth it.

    Reply
    • Omeife June 12, 2019 at 2:57 pm

      Respect!

      Reply
    • Mr Rock June 13, 2019 at 1:29 am

      What a bombshell here!

      Reply
  14. Busumane Zambe June 10, 2019 at 10:39 pm

    Today’s lesson spoke to me directly.I hardly read and practice what you teach on your course.I promised myself to work hard at least dedicate an hour to study the course and practice thereafter.Thank you for this outright truthful information.

    Reply
  15. Lawrence June 10, 2019 at 9:29 pm

    What a good lesson keep it up

    Reply
  16. Ramesh Jha June 10, 2019 at 9:21 pm

    Hi Nial, good blog. I really need to see the mirror. Thank you for the post.

    Reply
  17. claude wakho June 10, 2019 at 9:06 pm

    I have been reading Nial’s articles since 2014, and every week I still eagerly wait for a notification about a new in my email. Nial never lies!

    Reply
  18. Chidinma June 10, 2019 at 8:28 pm

    Thank you for that wake up call. I am more determined now that ever to achieve success. Nobody stumbles upon success.

    Reply
  19. MANO June 10, 2019 at 5:19 pm

    Hi Nial,
    Well set article. Thanks indeed.

    mano

    Reply
  20. Jim Watts June 10, 2019 at 12:49 pm

    Thanks, Nial, The comments are well put. A timely reminder to everyone.

    Reply
  21. Elena June 10, 2019 at 7:13 am

    I enjoy the trading process itself.
    It is interesting to learn from real pros, to learn to sharpen their strategy in practice, to see how other people trade, to exchange opinions. That is so cool!
    Thank you, Niall for an excellent article.

    Reply
  22. Pius Paul Ogugu June 10, 2019 at 7:13 am

    Thanks Nial. I am encouraged by this since my focus is to be a successful professional trader

    Reply
  23. FAon Ebenezer June 10, 2019 at 6:54 am

    you are really a mentor i have ever known , no one like you thanks sir

    Reply
  24. Ahmeed Akinsanya Bakare June 10, 2019 at 6:23 am

    Great article

    Reply
  25. Lerato June 10, 2019 at 2:35 am

    spot on

    Reply
  26. Dave June 9, 2019 at 11:57 pm

    Great article Nial and a good wake up call to be more disciplined, more focused, and more professional in my trading to take it to the next level and beyond.

    Reply
  27. Wise Id June 9, 2019 at 11:20 pm

    Thanks for your advice’s, I will work on my plan’s to accumulate my wealth.

    Reply
  28. Richard June 9, 2019 at 10:36 pm

    THE TRUTH WILL SET YOU FREE:

    Reply
  29. MANOHAR NADKAR June 9, 2019 at 10:06 pm

    GREAT…..GREAT……….GREAT SIMPLY GREAT.

    Reply
  30. Moses June 9, 2019 at 10:04 pm

    It’s a great lesson again. Thanks Nial

    Reply
  31. Wayfarer June 9, 2019 at 9:47 pm

    Thank You, NiAl ! This is great .

    Reply
  32. bruce goode June 9, 2019 at 9:43 pm

    Cheers Nial

    Reply
  33. Olamide Malaolu June 9, 2019 at 9:23 pm

    Brutally truthful….thanks

    Reply
  34. Conscious June 9, 2019 at 8:56 pm

    It was said “those you see awarded in public,,, had their own battle secretly” many forex traders never succeeded just because they still don’t understand the value of seeking more knowledge and still think that a single shoot can kill million,,,thus why many of them are gambling….THANK YOU FOR THE GOOD ARTICLE

    Reply
  35. Uzoma Nnamdi June 9, 2019 at 8:56 pm

    Never regretted signing up to your email list. Thank you Sir. I have been practicing a strategy, I hold trades for over a week, I don’t trade much this days. But I deviated from that way I have been trading for a few months now and I paid dearly for it. Still trying to put up a plan but I no I’m going in the right direction. Trading is not easy but I love it and will put everything to succeed

    Reply
  36. John June 9, 2019 at 8:51 pm

    Some home truths here… Thanks for the kick up the rear!

    Reply
  37. Amos Lawrence June 9, 2019 at 8:22 pm

    thanks for strong words of encouragement, honesty I want trading, not for quick money but for freedom of life, work for myself, work everywhere I want to.once again thanks

    Reply
    • Jona June 10, 2019 at 1:25 am

      Thanks nial for the advice, I deserve to be successful trader by putting more effort and working hard

      Reply
  38. Vasco June 9, 2019 at 8:14 pm

    I like ur post. Thank u very much.

    Reply
  39. Nazmul Hasan June 9, 2019 at 8:07 pm

    Thank you nail. Excellent Article for Forex Traders.

    Reply
  40. MAHAMAD NOUR RAJAB June 9, 2019 at 7:58 pm

    Every single word is important, you are one of the very little honest people I have seen, I am subscribing to your website soon. Thanks very much Nial.

    Reply
  41. rossen dimitrov June 9, 2019 at 7:42 pm

    Thanks you are the supermaster of motivation best regsrds rossen dimitrov

    Reply
  42. Michael Knight June 9, 2019 at 6:59 pm

    Perfect article for anybody struggling with ANY aspect of their lives. Thank you Nial.

    Reply
  43. Robert Nilsson June 9, 2019 at 6:55 pm

    Thanks, very interesting and educational article as usual.

    Reply
  44. Igbo Goodnews June 9, 2019 at 6:45 pm

    I must say am always filled with happiness each time ur email pops up on my phone, Your articles are so true. Thanks very much Sir for your time. I wonder how lovely and interesting your course will be now that your articles alone are saying what should be in a trading course. I can’t wait to access it. Thanks once again for everything

    Reply
  45. George Madrara June 9, 2019 at 6:43 pm

    I absolutely agree with you that if you can’t invest time to get the knowledge and skills required to be a successful trader,then you’re a gambler. The results are not immediate and therefore discipline ,patience and persistence is required. Thanks for the insightful article in the blog.

    Reply
  46. Dmitriy June 9, 2019 at 6:38 pm

    Hi, Nial!
    Thank you for this great article.
    For me it’s a mix with motivation for continue my learning process in trading and rising of awareness.
    While reading this text I opened Excel and calculate my financial goals for answer the question “why I want to trade in a proper way and make consistent profits in the market”.
    This is a main indicator about usefulness of this article.
    Thank you!
    Best regards, Dmitriy

    Reply
  47. Dennis June 9, 2019 at 4:55 pm

    I love and agree with the general, if you do not put in the time, how can you expect the reward. I have this idea that has come up by me a while ago, that says, I cannot be, what I have not become. I cannot be successful, if I have not disciplined myself to become successful.

    Reply
  48. WL Taba June 9, 2019 at 4:23 pm

    Thank you Nial, this article really refreshes me up to do what it takes to deserve to be a successful trader.

    Reply
    • Scott June 9, 2019 at 11:50 pm

      Completely agreed every aspiring trader needs to read this 😊🙏

      Reply
  49. steenkamp June 9, 2019 at 4:07 pm

    Great stuff Nial.
    I don’t know why it took so long but it seems I have finally accumulated the basic knowledge and patience to start making some money.
    Your article is very inspirational and I am looking forward to a better future.
    Kind regards
    S.P.

    Reply
  50. John McKenzie June 9, 2019 at 4:05 pm

    all so very true, Nial

    Reply
    • Maxwell Mhaka June 9, 2019 at 7:49 pm

      Excellent article Nial, you’ve always taught about the dangers of intra day trading and the beauty of trading as a sniper rather than as a machine gunner. Very inspiring and insightful stuff. Thanks for this wonderful post and may God bless you.

      Reply
  51. Rahwa June 9, 2019 at 3:53 pm

    Thank you Nial. Your articles are GOLD MINE. It only to dig and be profitable.Nial! I am still strugling to be a profitable trader, but I am 100% certain in the near future I will be successful trader, because of you. May God bless you and your whole family.

    Reply
  52. Lena June 9, 2019 at 3:16 pm

    Suddenly I realised ,that I’m reading your article at seven o’clock on Sunday morning ;P I guess my thirst for knowledge must be pretty unqunchable ;D Thank you

    Reply
    • Dmitriy June 9, 2019 at 6:41 pm

      I admire such people as you)
      That’s what I call “the will to knowledges”!

      Reply
  53. Peter June 9, 2019 at 2:30 pm

    I look forward to improving my trading habits

    Reply
  54. Zinnur June 9, 2019 at 4:08 am

    Excellent lesson. Thanks

    Reply

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