No matter how much you might have advanced as a trader, at certain points in your career you’re going to wish you had a proper teacher or someone in the forex trading Olympus to help you out when you’re in a sticky position. Well, we’re here to bring you five tips from the experts so you don’t have to beg and suck up to the ‘big’ guys yourself.
1. Don’t Fool Yourself Into Thinking That You Will Trade One Day And Wake up Rich The Next
What most novice traders don’t understand is that you cannot always win, especially not in the first go, the more you start thinking that forex trading is an easy method of earning some quick money, the less likely you are to succeed as you become more prone to overtrading and making false judgments in a haste.
2. There’s More to Forex Trading Than Just the Market
Some complicated market strategies will seem appealing to you but you need to remember that you’re not in it to master the market; you’re trading to let the market master you. You can’t hope to control the market and make it work to your advantage, you need to control and discipline yourself first, good strategies will only take you so far, you need to take charge of yourself and know that half of what you do as a trader depends solely on your character.
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