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If you think being clever or hard work, will give you Forex trading success, you're wrong. You can achieve success without a college education and quickly but you must understand the key point enclosed to win... It doesn't matter how hard you work, you are judged on profits and that's it. Instead of working hard, you need to work smart and get the right Forex education. You don't need to be clever, because in Forex trading simple systems work best - let me give you a graphic example, of how working smart and keeping it simple, can yield big gains. In a famous experiment, trading legend Richard Dennis taught a group of ordinary people to trade in just 14 days - the result? They made hundreds of millions of dollars. Let's look at the system they used and what they learned that can help you achieve Forex trading success. The system taught was a simple long term breakout system, with robust money management and the group learned it quickly. Breakout systems will always work so if you are just entering the world of Forex use this methodology, you learn one easily in a week or so. Now the next bit is the smart bit! While many traders keep trying to build complicated systems, they don't work better than simple ones, as they have too many elements to break. Forex is a market of trading odds, not certainties so simple will always be best. The major problem most traders have is they won't accept this and keep looking to improve or find the Holy Grail. There is no perfect system and the smart thing to do is accept this fact then, simply work on trading discipline. This is the trait you need to win and it enables you to trade through losing periods and keep your losses small, as the market makes you look a fool and gives you losses. This is the hard part of Forex trading! Learning a method is easy, applying it is far harder. Many of the people Dennis taught made this very point and it's as true today, as it ever was. Holding your discipline through a losing period, until you hit a home run is hard. To get discipline, you need to understand how and why your system works and this will give you the confidence to trade it with discipline. Most readers try and follow others, or shoot from the hip and lose; the savvy trader knows that success comes from within and being disciplined. If you want to win, simply get a simple system and learn to apply it with discipline. Accept your losses and keep them small. You will lose for periods of time but that's part of trading and how you deal with them will determine how successful you are. So forget working hard, work smart, keep it simple, be disciplined and win. FREE ESSENTIAL FOREX TRADING PDF's! + SUCCESSFUL FREE TRADING SYSTEM For a complete resource on how to win and Essential FREE Forex Education and an exclusive RISK FREE Forex Trading Course visit our website.
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