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Most traders lose and the amount is a huge 95% so what do you need to do to enter the 5% of elite traders that win? Let's take a look at the 4 steps to currency trading success... If you follow the basics below, you could soon be making big gains after just a couple of weeks and in under 30 minutes a day - here are your 4 basics for success. 1. Acceptance of Responsibility If you look online you will see lots of Forex robots and Expert Advisors offering you financial freedom for 100 dollars or so - forget them none of them work. If they these systems did work, a lot more than 5% of traders would win and they don't. You have to accept that to win at Forex, you have to put in effort and learn skills; if you are not prepared to do this don't trade Forex. 2. The Right Forex Education Work Smart Not Hard Forex trading is all about working smart not hard. You need to avoid the myths and just get a solid Forex education. If you want to know how long it takes to learn to trade consider this: Trading legend Richard Dennis, taught a group of traders to win in just 14 days and they made hundreds of millions of dollars! You may not get as rich as them but you can see what can be achieved, if you get the right education. 3. A Simple System is all that's Needed You don't need a complicated trading system, just a simple one, because Forex markets are odds based and don't move to certainties therefore, a simple system will be more robust with fewer elements to break. If a simple system is combined with robust money management, you are all set to trade and now we will look at the hardest part of Forex trading. 4. Trading with Discipline The hardest part of achieving currency trading success is to trade with discipline. All traders will have losing periods and it's in these periods, you have to keep going and keep your losses small, as the market takes your money and makes you look a fool. If you think it's easy, you haven't traded! Discipline is what separates winners from losers. You need to understand that to win long term; you have to lose short term. Most traders have egos, think their clever and can beat the market and cannot trade with discipline. These traders fail to keep their losses small and lose. If you want to win accept you are not perfect but you can make money long term, if you always trade with discipline. Final Words Anyone can win at Forex, as it's a specifically learned skill but most traders lose due to the wrong education and lack of discipline. If you want to win and enjoy success keep the above currency trading basics in mind, you will then be on your way to trading like a pro and making some great long term gains. NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's, with 50 of pages of essential info on achieving Currency Trading Success visit our website at: http://www.learncurrencytradingonline.com
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