Business

Five Easy Steps to Master Forex Trading, According to Experts

Published

6 years ago

August 22, 2019

The new traders are always looking for the ultimate holy grain in the Forex market. They often think the pro traders in Hong Kong have secret ingredients with which to trade the market. But in reality, there is no Holy Grail or secret ingredients. You have to trade the market using proper logic and time to time, you have to embrace the losing trades. In fact, losing trades are just a part of this profession. The pro traders are making a consistent profit because they know the proper way to recover losses.

Learning the proper way to trade the Forex market is not all hard. In fact, we will highlight the key point which you need to follow to become a successful trader.

Step 1, open a demo account

Those who are looking to develop their trading career should never trade the real market. Open a demo account with a reputed broker like Saxo and try to learn how this market works. Losing or winning doesn’t really matter since you are placing trades in the virtual trading environment. Try to create a simple trading strategy from scratch. New traders often prefer to scalp the market but this is very risky. It’s better to create a position trading strategy since it will help you to become a better trader.

Step 2, Trade with real money

The second step is the most crucial part of your trading career. As a novice trader, you must find the best trading account in the Forex market or else you will not get free access to the premium trading platform. The smart traders in Hong Kong prefer to trade the market with SaxoTraderPro since they can easily analyze the market variables with an extreme level of precision. Trade this market with an extreme level of confidence and never lose hope after losing a few trades. Stick to your goals and you will succeed in trading.

Step 3, learn from your mistakes

New traders are bound to lose money in Forex. Even after having a proper education, they will often make mistakes. Consider these mistakes as blessings since you can easily learn new things. Write down the details of each trade so that you can analyze your past trade during the weekend. Follow a proper trading journal since it will keep discipline. The pro traders often suggest that new trader’s trade with a low leverage trading account since it greatly reduces the risk factors in trading. In fact, you can’t execute a large volume of trades to recover the losses.

Step 4, focus on trend trading strategy

The trend is your friend. In order to make a consistent profit, you must learn to trade with the market trend. Never think you can change your life by trading against the long term prevailing trend. When you look for the overall trend of the market, try to use the daily or weekly time frame. Never execute a trade without doing the proper market analysis. If you are not sure, seek help from the trained traders to learn more about the trend trading strategy.

Step 5, manage your risk exposure

Once you have a complete knowledge about currency trading business, it’s time to learn trade management skills. You might have the best trading system in the world but without having a solid risk management plan you can’t survive in the trading business. Try to find high-risk reward trade setups so that a few winning trades can easily recover the big losses. Consider trading as your business and trade the market with very low-risk factors.

Stop overtrading the market since it always results in heavy losses. If possible use the price action confirmation signal since it will help you trade the market with tight stop loss. Regardless of your trading experience and trade setup, never trade the market with more than a 2% risk.

Business

Scaling Success: Why Smart Habits Beat Growth Hacks in Modern eCommerce

Published

1 month ago

July 26, 2025

Matthew Wiles

There’s a romanticized image of the eCommerce founder: a daring risk-taker chasing the next big idea, fueled by late-night caffeine and last-minute inspiration. But the reality behind scaled, sustainable brands tells a different story. Success in digital commerce doesn’t come from chaos or clever hacks. It comes from habits. Repetitive, structured, often unglamorous habits.

Change, a digital platform created by eCommerce strategist Ryan, builds its entire philosophy around this truth. Through education, mentorship, and infrastructure, Change helps founders shift from scrambling for quick wins to building strong systems that grow with them. The company doesn’t just offer software. It provides the foundation for digital trade, particularly for those in the B2B space.

The Habits That Build Momentum

At the heart of Change’s philosophy are five core habits Ryan considers non-negotiable. These aren’t buzzwords; they’re the foundation of sustainable growth.

First, obsess over data. Successful founders replace guesswork with metrics. They don’t rely on gut feelings. They measure performance and iterate.

Second, know your customer deeply. Not just what they buy, but why they buy. The most resilient brands build emotional loyalty, not just transactional volume.

Third, test fast. Algorithms shift. Consumer behavior changes. High-performing teams don’t resist this; they test weekly, sometimes daily, and adapt.

Fourth, manage time like a CEO. Every decision has a cost. Prioritizing high-impact actions isn’t optional; it’s survival.

Fifth, stay connected to mentorship and learning. The digital market moves quickly. The remaining founders are the ones who keep learning, never assuming they know it all.

Turning Habits into Infrastructure

What begins as personal discipline must eventually evolve into a team structure. Change teaches founders how to scale their systems, not just their sales.

Tools are essential for starting, think Notion for documentation, Asana for project management, Mixpanel or PostHog for analytics, and Loom for async communication. But tools alone don’t create momentum.

Teams need Monday metric check-ins, weekly test cycles, customer insight reviews, just to name a few. Founders set the tone by modeling behavior. It’s the rituals that matter, then, they turn it into company culture.

Ryan puts it simply: “We’re not just building tools; we’re building infrastructure for digital trade.”

Avoiding the Common Traps

Even with structure, the path isn’t always smooth. Some founders over-focus on short-term results, chasing vanity metrics or shiny tactics that feel productive but don’t move the needle.

Others fall into micromanagement, drowning in dashboards instead of building intuition. Discipline should sharpen clarity, not create rigidity. Flexibility is part of the process. Knowing when to pivot is just as important as knowing when to persist.

Scaling Through Self-Replication

In the end, eCommerce scale isn’t just about growing a business. It’s about repeating successful systems at every level. When founders internalize high-performance habits, they turn them into processes, then culture, then legacy.

Growth doesn’t require more motivation. It requires more precision. More consistency. Your calendar, not your to-do list, is your business plan.

In a space dominated by noise and novelty, Change and its founder are quietly reshaping the conversation. They aren’t chasing trends but building resilience, one habit at a time.