Saturday, 26 November 2011

FX Trading – You Will Never Win Unless You Know the Answer to This Question!

The 95% of traders lose money in Forex and only 5% win but the 5% who win, make a a lot of money and will know the answer to the question posed in the title of this article. If you don’t know the answer to the question or fail to appreciate its significance, you will lose too.

The question is a simple one:

What’s your trading edge that will allow you to beat the 95% of losers?

Think about it – the percentage of people who lose is huge and if you are going to say, you follow a guru or a cheap Forex robot and expect them to give you a trading edge your wrong.

If yo want to win you need a trading edge and you need to have confidence in it to allow you to trade with discipline and enjoy long term Forex trading success.

There is no way to beat the market or trade without periods of losses, Forex trading is not easy and you wouldn’t expect it to be with the huge rewards to be made but the good news is you can become a winner and the reason why is – Forex trading is simple and if you combine a robust and simple trading system with the right mindset, your all set for success.

Why You Can Win at Forex Trading

The reason you can win is because simple systems work the best and always have. If you build a system which is to complex it will simply have to many elements to break and you will lose.

Anyone can learn a system which can make money but to realize its potential you need to follow it with discipline and keep losses small.

This is all down to getting the right mindset and you can easily get it, by making the right choice. Forget your ego, take your losses and have the courage to run your profits and Forex trading success can be yours.

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