HALAMAN SELANJUTNYA:Forex Trading Success - Why Most People Should Not Trade Forex!
Most people who trade Forex have no chance of winning and for some reason make mistakes which they would never make in other areas of their life. You can win at Forex but first make sure you are prepared to learn it the right way...
Most traders forget the key fact that 95% of traders lose that's a huge percentage but despite this the majority of Forex traders think they can get rich with a Forex robot or sure fire system. They are promised thousands of dollars a month (with no effort) if they spend just a couple of hundred of dollars.
In real life, if someone came up to them and said hey give me 200 dollars now and you get an income of thousands a month in return, they would simply laugh and not believe it but in Forex trading, greed takes over and the new traders buy the systems and the result is a complete wipe out of equity.
If you want to trade Forex understand - it's NOT easy and you wouldn't expect it to be, as the rewards are so high.
In Forex if you want to win you can but you not only need the right Forex education and a logical method of trading, you also need to be able to apply your method with discipline.
Most traders cannot trade in a disciplined way, it hurts their egos when they lose, they fail to keep their losses small and get wiped out.
In Forex trading learning a method is easy, trading it with discipline is hard.
To win understand that your mindset is the key. If you can't trade a system with discipline, you simply don't have one.
If you want to win at Forex you can and it can offer you staggering rewards but before you do ask yourself:
Are you prepared to accept your responsible for your success, will you learn the right education and can you adopt the right mindset?
If you are prepared to do the above, you can win as you have the right mindset.
If on the other hand, if you think you can get rich following someone else and think it's easy to make profits, try another venture because you won't make money at Forex trading.