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The key point enclosed, really should be obvious but the vast majority of traders never even consider it, before they start to trade. They then end up joining the losing 95% of traders. You need to understand the point enclosed or you will lose too... Most traders never consider the fact that having a great trading system, is not enough to enjoy success. Only if it is combined with the discipline to apply it, will you win and that means coping with this. Riding out Losses If you read the fantasy that many promote online, you can make automatic profits, have small losses that last a few days and pile up huge gains. Now while you can make fantastic long term gains, even the best traders, will lose for weeks and sometimes months on end and losses will be easily into double figures. I have been a trader for 25 years and this is the reality of trading, not the fantasy; you read from vendors, selling "sure fire" trading systems or ways to beat the market. How often do you see a Forex robot saying it will double your money every month with ease and no effort? Well try them and the market will teach you some respect, if only Forex trading was that easy! Trading to Hit a Home Run and Staying on Course With Discipline To get your big long term profits, you are going to have to ride out these periods with discipline and keep your losses small. In these losing periods, your emotions will try and take you off course, as the market takes your money and you look just plain stupid at times. It's nothing personal and you mustn't get frustrated or angry (as many traders do) it's just the reality of Forex trading! Discipline is the key to keeping on course till you hit profits again and if you can't execute your trading signals with discipline - you don't have a system! Getting Discipline Discipline comes from within and is built on a good Forex education and confidence. You need to know what you're doing, have confidence in your method and if you think trading discipline is easy, you have probably never traded. Discipline is the key to long term success. It's what separates the small minority of winners, from the vast majority of losers and while hard, you can do it, because if you do you will enjoy currency trading success Understanding the Reality can Help you Win Yes you can make big gains but to win, you need to take your losses cheerfully, keep them small and understand taking short term losses, are part a of making long term gains. It may sound obvious but most traders are simply unprepared for this reality, get blown off course and lose. Don't make the same mistake. NEW! 2 X FREE ESSENTIAL TRADER PDFS
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