Continue reading...With the changes in the perception of Forex trading from being a high speed, high risk gamble, to being a scientifically driven investment vehicle, supported by social media, there are likely to be many more Forex traders in the coming years.
All of these will have dreams, big or small; some are destined to fail, many more will make a success of trading and if we were able to see inside the minds of each, we’d find clear reasons why some made it and others fell by the wayside.
Jump in a car for the first time, set off thinking you know what to do because you’ve been a passenger so many times and you’re heading for a crash unless you’re lucky enough to be a natural driver.
The analogy could well be applied to trading Forex where disaster can be just as painful, not just to your purse but also to your pride and emotional well-being. Looking inside the successful trader you’ll see a complex organism where the sum of the parts is greater than the whole.
It cannot be stressed strongly...
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