20 short thoughts on Forex Trading

20 short thoughts on Forex Trading
1.    You have to love trading in order to do the work that will take you over the hump and towards success.
2.    Successful Forex traders are not born; they are built through practicing, experience, and discipline.
3.    Trading is not complicated. It is all about finding your method, your winning strategy. And there are many great trading strategies to follow.
4.    You can make money while not knowing anything about the foreign exchange market, by copying Forex signals or following experts. However, it is always recommended to understand at least the basics in order to get oriented at the beginning.

5.    Technical analysis is best for short and medium term trading. Fundamental analysis is fantastic for longer term trading. Combining them both is best and can lead to astronomical profits in the long run.
6.    You will be surprised how interesting the Forex market is, as well as the other financial markets. Take a trading course, read a book, practice, visit forums, follow the news.
7.    Remember- Forex trading is no "Hit and Run" strategy. Forex trading is an investment.

8.    How do you win at trading? One day at time making great decisions day after day.
9.    Looking for new options beside Forex? Trade gold. You can do it on the same trading platform.
10. Smart trading can lead to the second income you have always dreamt of.
11. Don't believe those who say you can be a millionaire in one week. It doesn’t work like that. But do believe that the earnings potential in Forex trading is huge.
12. If you are a beginner, trade the majors only. The most recommended major currencies to trade as a beginner are Euro, U.S. Dollar, British Pound, Swiss Franc, Australian Dollar and Japanese Yen.
13. Listen to some kick-ass background music while you trade. It is fun:)

14. Follow Economic Calendars, as they can help you reach better decisions.
15. Traders must guard their minds carefully, and trade with their heads, not their ego.
16. Choose to be in the top 10% of traders, it is not hard. In fact, more than 90% of Forex traders lose because they believe they are in a huge casino, and they gamble without even understanding the basics of Forex trading.
17. Copy Forex signals. It will reduce your risk, spread your chances, and enlarge your profits.
18. Let the fear of failure motivate you to do the work to succeed.
19. Don’t ever let someone tell you that you can’t succeed, guard your dreams.
20. Do not stop until you win and win BIG.
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