This article is taken from the Forex Journal (May 2009 issue)
The author, Johan Kriek, started his trading career when he was just nineteen years old. After finishing school, Johan studied Computer Engineering and started to work for Forex Trader South Africa as an IT specialist.
Within one year, Johan advanced from IT Specialist to lecturing and conducting seminars
Gradually, Johan became an FX Specialist and conducted various courses in South Africa for Forex Worldwide Training and Support.
From here on, Johan never looked back. He studied Investment Management and Portfolio Analysis at the University of South Africa and for the past four years, he has been trading the FX Futures market for a living with his business partner Mr. Rudy Nel.
- Johan Kriek offers advice to traders about how to move from the losing side of trading to the winning side. The solution is in your psychology.
Have you ever felt like you have experienced the following situation:
"Every time I place a trade, the market moves in the opposite direction!!"
In the Live Trading Room, we sometimes joke that someone must place a trade in the opposite direction so that the market can move in favor of the rest of us.
I have done some research on this great misconception and many traders really feel this way (even if they do not want to admit it).