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If you want Forex trading success, you have 4 specific obstacles to success but overcome them and Forex trading success can be yours. Here they are and how to overcome them... Before we start it's a fact that 95% of Forex traders lose money and most follow a robot or sure fire system, where they think their going to win with no effort and they lose. If you want to win you can - but you need to be aware of the following obstacles and overcome them. 1. Get the Right Forex Education - Don't work Hard Work Smart Anyone can make money trading Forex but most fall for the its easy, or the numerous myths and one of the commonest errors is that hard work guarantees success - it doesn't. In forex trading you don't get rewarded for effort, you get rewarded for being right and that's it. You can learn everything you need to know in a few weeks and get on the road to Forex trading success and the reason for this is Forex trading is simple to learn if you do it the right way. 2. Getting a Method that Works The first point to keep in mind is simple Forex trading strategies work better than complex ones and the reason is you are dealing with an odds based market and simple systems are more robust than complicated ones, with fewer elements to break. The second point to keep in mind is don't ever try and predict! This is simply hoping or guessing and you won't be rewarded for that. You should trade the reality of price change on a chart and a great method to use is breakout methodology. It's simple to understand, easy to learn and makes huge profits. We have written frequently about it in other articles, so look them up. 3. Dealing with Losing Periods This is the hard part of Forex trading, forget all you have read from vendors of forex robots and sure fire systems that losses can always be small and last just a few days, this is not the reality. The reality is the market is going to hand you losses for weeks on end at some point and its in this period, you need to keep your losses small and keep trading your trading signals, as the market takes your money and makes you look a fool. You need to trade through these periods until you hit profits again. Think it's easy? You probably haven't traded, its tough to keep going and to do this you need the following key trait. 4. Discipline the Key to Success To trade through losing periods, you must have the discipline to keep going - it's the key to success. If you think about it, if you don't have the discipline to rigidly apply your system, you don't have one. While discipline is not easy, any trader can be disciplined if they want to. The way to achieve discipline is through the right Forex education and confidence in what you're doing and the courage to apply your method. Anyone Can Win Anyone can win at Forex trading if they get the right education and overcome the above obstacles and when you have done this you could be making big Forex profits and earning a great second or even life changing income, in around 30 minutes a day. NEW! 2 X FREE ESSENTIAL TRADER PDFS
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