You have to know why you are trading something in order to have confidence in it. The same principle holds true when it comes to trading the Forex market. Again, it all goes back to having confidence in the topic at hand. This confidence would give you the ability to articulate and expand on the subject matter, something I simply wouldn’t be able to do without having that same level of knowledge and confidence.Īnd when it came time for those tough, thought-provoking questions at the end of the lecture, you would be much better suited to answer them. You would have much more confidence giving a presentation on astronomy than I would. The obvious answer is that your knowledge of the subject matter stretches far beyond mine.īut aside from the knowledge itself, you would have something I could never have without years of studying – confidence. Your presentation would be much better than mine. If you and I both gave a lecture on the subject, it’s safe to say that I wouldn’t stand a chance. Aside from what I learned in my Astronomy 101 course in college, it’s a completely foreign subject to me. You studied it in college and now you teach it to others every day.

It’s something you have had a passion for since you were a child.

Let’s assume for a minute that you are an expert on all things astronomy.

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