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It's a fact that 95% of Forex traders [link widoczny dla zalogowanych] lose and if you don't want to become one of the losing majority and enter the elite 5% of traders who make big Forex profits, you must understand the key facts in this article.
The first fact we are going to look at is you need to to understand that Forex trading is not easy and this is [link widoczny dla zalogowanych] obvious from the number of traders who lose. The good news is that anyone can win at Forex trading, with the right education but the most common fatal error traders make is trusting their money to and trading it via a cheap Forex software package.
You will see numerous packages sold online which claim they can give you financial freedom for a hundred dollars or so and no effort - well, if Forex trading was that easy, far more traders would win and they don't. Leave these cheap, get rich quick packages to the losers and pay attention to the next points.
You don't need to work hard or be clever to make money at Forex trading.
Forex trading is simple and the best Forex strategies are simple too; make a system to complex and it will simply have to many inputs to break in real trading. Many traders, also make the mistake of the thinking the more work they put in the more they will get out of their trading but again, this is an assumption that's wrong - your judged on profits and that's it.
You might be thinking it [link widoczny dla zalogowanych] sounds easy so far and learning a strategy is, the hard part is trading it. You can win but you must understand the key difference which separates winners from losers.
95% of traders lost 50 years ago and 95% lose today, this is despite all the advances we have seen, in terms of more powerful software to news information. None of these advances have made any difference to how many people win!
The reason most traders lose, is they simply don't have the mindset to [link widoczny dla zalogowanych] succeed. They let their emotions get involved and lose. Any trader will face a losing period but [link widoczny dla zalogowanych] when they occur, you must keep your losses small - there is no perfect system which wins all the time! You need to take your losses, keep them small and wait until you hit profits again, its as simple [link widoczny dla zalogowanych] as that.
Most traders want to be right all the time and when they lose, they cant accept their wrong, so they [link widoczny dla zalogowanych] run losses, trade to much or throw in the towel.
The savvy trader, knows that to win you need to lose at times but there not [link widoczny dla zalogowanych] bothered about their ego, their interested in making money, they know what their doing and have the confidence to accept they have to lose in the short term, [link widoczny dla zalogowanych] to win longer term.
The simple fact is you can enjoy currency trading success, by simply adopting the right mindset and this was true 50 years ago and is still [link widoczny dla zalogowanych] true today.
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