Are You Having Fun With Forex?

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crazy trader having fun with Forex
You’re sitting here reading my blog and, so you’re probably a Forex trader, or considering becoming one. And you’re probably looking to to trade Forex using price action. There’s nothing wrong with that at all.

But are you having fun?

Maybe you’ve been trading for a while, or maybe you’re a newbie just learning the ropes. Either way, you’ve probably already figured out, trading is not easy.

A Tough Business

There are a lot of aspects to trading that you must nail down. Planning, tracking, implementing, monitoring, gathering information, testing…

… I could go on for a while. Most of all, traders usually put pressure on themselves to succeed.

When I started trading, there was no pressure to succeed. I was trading because I enjoyed it. It was something I liked doing and I had fun with it. I was not concentrating on making money. I still lived at home and I didn’t really understand the value of money. Why would I? My parents bought the food, clothing and everything else needed. I wasn’t trading because I had a job that I wanted to get away from, or because I was in desperate need of money, I was trading because it was a challenge but was also fun. And I quickly started making money trading.

When I was about 19, I forgot to have fun while trading. I started making quite a bit of money, for my age, and of course I wanted more. So I started taking trade after trade and I stopped following my plan. Eventually, this cowboy style of trading caught up to me and I blew my account. So what did I do? I took money from a bank account and opened a new Forex account. Can you guess what happened next? I kept on trading like a cowboy and I blew my second account.

I spent a lot of time kicking myself and desperately trying to figure out what happened. Then it dawned on me, I had sucked every ounce of enjoyment out of my trading. I was no longer trading because it was fun but instead was trading to make money. I had started to hate Forex.

So I will ask you again, are you having fun?

How to Have Fun

Having fun is different for everybody, so I can’t tell you how to have fun. However, I can tell you what I did to make trading fun again.

Made Friends

When I first left school I worked a few jobs. I apprenticed as an air-conditioning installer, a carpet layer and worked as a pizza delivery driver. I hated those jobs, but I did like making friends at work and seeing my friends daily.

When my trading fell apart, I realized that Forex is a lonely business and I was the only trader I knew. So I joined a popular Forex forum and made some friends. Making friends, who did the same job, made trading a whole lot more enjoyable.

Relax

While trading isn’t as hard on the body as a manual job, like being a laborer, it is tough on the mind. There were times when Forex got a little too hard to handle. Instead of forcing myself to keep on trading I took a break and relaxed.

Sometimes you need to relax a little bit and come back to trading with a fresh mind. Forex is hard to master, so if you don’t get it right away do not stress out.

Relaxing, and not putting pressure on myself, did wonders for my trading.

I Simplified My Trading

I have already said that Forex is not simple. However, I realized I shouldn’t make Forex any harder on myself. So I simplified my trading by removing indicators from my charts. I limited the pairs I traded, the time frames and I planned my trading in advance.

If you want some hints on how to simplify your trading then read this article. Grab the free Forex video course to discover how to put together a proper trading plan.

Have fun trading Forex

Forex is a business and if you become successful then it can be a very lucrative career. As with any career, you won’t be happy or successful unless you love what you’re doing. So think about where you are now and, if you aren’t having fun, then find a way to have fun!

If you have any ideas on how to keep Forex fun, leave a comment and share them.