Win at Forex - the Vital Ingredients to Make You a Super Trader
Anyone can learn and win at forex trading but most fail - a whopping great 95% but the good news is, you can win and make a lot of money, if you avoid the common errors of the majority and there are a few that occur and reoccur...
First let me ask you this question.
When was the last time you made money making no effort?
Probably never, same as me.
Now take the majority of forex traders sensible in other areas of life who believe that they can buy success.
New forex traders continue to buy forex robots and systems, from gurus and mentors, that promise success with no effort for $100 or so - it's a wonder anyone works they could all be trading!
Of course following someone is doomed to failure and not just because most of the forex robots and mentor systems are junk and based on back testing, presenting a simulation of paper money as profit potential - but because of something else:
In forex trading you need to have confidence and this means knowing what you're doing!
If you don't have confidence, you will never have the discipline to ride out periods of losses. You will throw in the towel early.
This even happens to people who follow successful systems - they quit early but had they hung on, they could have made big profits.
To win at forex trading you need to know what you're doing, understand exactly how the forex trading system you use works and the real crux:
You have to trade it and you understand you are responsible.
Too many traders blame others and don't make the effort yet, for a few weeks study and around 30 minutes a day spent trading, they can be making big profits.
What you need to do is:
Take responsibility for your actions, get the right forex education and if you do this, you will have understanding, confidence and the discipline to apply your chosen method.
If you understand the above, then you can soon be making big forex profits and enjoying currency trading success, while the lazy traders who won't make the effort indirectly line your pockets with dollars.
First let me ask you this question.
When was the last time you made money making no effort?
Probably never, same as me.
Now take the majority of forex traders sensible in other areas of life who believe that they can buy success.
New forex traders continue to buy forex robots and systems, from gurus and mentors, that promise success with no effort for $100 or so - it's a wonder anyone works they could all be trading!
Of course following someone is doomed to failure and not just because most of the forex robots and mentor systems are junk and based on back testing, presenting a simulation of paper money as profit potential - but because of something else:
In forex trading you need to have confidence and this means knowing what you're doing!
If you don't have confidence, you will never have the discipline to ride out periods of losses. You will throw in the towel early.
This even happens to people who follow successful systems - they quit early but had they hung on, they could have made big profits.
To win at forex trading you need to know what you're doing, understand exactly how the forex trading system you use works and the real crux:
You have to trade it and you understand you are responsible.
Too many traders blame others and don't make the effort yet, for a few weeks study and around 30 minutes a day spent trading, they can be making big profits.
What you need to do is:
Take responsibility for your actions, get the right forex education and if you do this, you will have understanding, confidence and the discipline to apply your chosen method.
If you understand the above, then you can soon be making big forex profits and enjoying currency trading success, while the lazy traders who won't make the effort indirectly line your pockets with dollars.
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