Traits To Be A Winner In Forex

By: Kelly Price

If you want to win you need to have the right forex mindset, this means taking on character traits that would be frowned upon in society - but in forex can make you a big winner. Here are the character traits that if you take them on could lead you to forex trading success.

1. Don't Mix or Listen to Anyone

If ever you want to find forex traders who are losers visit a forum!

If you are a successful trader you trade in isolation and don't listen or talk to anyone.

In society, know that since stone age times grouping together has been essential for our survival and it's seen man survive and prosper. Were a social animal and seek the reassurance of the pack.

The problem is, if you start mixing and talking in forex trading, your emotions will get involved and you will lose.

Fact is 95% of traders lose, so you gain nothing from others. Stay away from others and be a loner.

2. No one Knows Better than You!

Today, we tend to consult advice about everything and call for an expert if your foxing your car great but is there such a thing as an expert in forex trading?

Maybe, there are people out there who will teach you to trade and give you forex education - but ignore the vast amount of so called experts who tell you they can give you success - they can't.

All over the net, there are experts selling systems which have never been traded, new forex traders buy them and think there going to get rich - get real, no one can give you success, you have to work for it.

In forex trading you are on your own and you know best - arrogant?

Not at all, the fact is, in forex trading success comes from within and your on your own.

3. Make your Own Rules

In life were used to a structured society we know what time we need to be in work not to drop litter in public and to stop at red traffic lights but in the market there are no rules or structure and you have to operate in it.

This causes traders problems, as they have to take responsibility for their actions ( and most traders hate doing this, preferring to blame their brokers, friends or the cat!), they have to make there own rules to survive in the anarchy of the trading environment.

Your rules apply to you and you can do what you want - no one tells you what to do.

Finally

So there you have it you're a loner, a know it all - you decide what you want to do without anyone else telling you or laws you need to obey. In normal society you would have no friends at best and get locked up at worst!

The fact is forex trading mindsets have to be completely different to our normal one and that's why so many traders lose - they can't change, if you can you can enjoy spectacular forex trading success.

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