THE AMAZING SIMILARITIES BETWEEN STAR WARS & FOREX TRADING

Lightsabers, Candlesticks, Jedi Knights, Trading Strategies, and Laser beams – Would you believe me if I said there was a connection here?

Today I am going to compare the famous sci-fi against the world of the Forex trader. The story of the Jedi and the Forex trader are more similar than you might think.

Last year I noticed a trending pun floating around on social media from the Star Wars fans, branding May 4th a special day for the franchise. If you read out the date ‘May the fourth’, it sounds like the famous line from the films – ‘may the force be with you’. So I decided to do dedicate a special article for this year’s May 4th.

Every time I think about the stories in Star Wars, or watch the films – it always reminds me so much of the struggles that we as Forex traders face in our trading journey.

Today I am going to look over the uncanny similarities between both worlds, and for those who aren’t familiar with Star Wars – I will keep you in the loop by explaining certain aspects of the Star Wars ideology.

REACHING THE ULTIMATE LEVEL OF DISCIPLINE

The main focus of the movies is telling the story of a select group of people who are looking to reach the status of a ‘Jedi Knight’. A Jedi Knight can be compared with someone in our reality who possesses a skill & mind set that sits halfway between a ninja and a monk.

The ‘Padawan’ which is a word that basically means an apprentice, must go through an unforgiving journey to learn a specific set of skills, and build up a concrete mindset before being able to reach the status of Jedi Knight. Sound familiar?

As an ‘apprentice’ Forex trader, you start off your journey with no idea what you are in for.

The untrained eye sees Forex as a bunch of candles with two options ‘buy or sell’. How hard could it be?

As we all know too well, becoming a good Forex trader is so challenging that not many people reach their end goal. The major reason we see such a drop off of success in the industry really comes down to people being overcome by the psychological pressure the markets manifest within them.

One main challenge of the Jedi is to build the ultimate level of discipline by improving their knowledge, skills and maintaining a positive mindset by rejecting negative or dangerous emotions.

To be successful in this industry, you are required to ascend to a level of discipline that some traders have stated is more intense than the challenge of: quitting smoking, dieting, and even comparable to cleaning yourself up from a drug, alcohol, or gambling addiction.

The bottom line is, whether facing the challenge to become a Jedi knight or the challenge to become a successful trader, it’s a harsh journey which nothing in life really prepares you for. You’re taken right out of your comfort zone, thrown in the deep end, and expected to deal with it – sink or swim.

To become a successful trader, you’re going to need inside you unwavering will power which never lets you give up, while at the same time constantly fuels the ambition to reach success. This is the driving force that will push you though the inevitable rough patches, pick you back up if you fall. and deliver you to where you want to be.

Even if you do succeed, these high levels of discipline must be always maintained, which isn’t exactly an easy task either.

Forex is not an easy journey, but a very rewarding one if you have what it takes to see it through.