Wednesday, April 22, 2009

The Most Overlooked Core Principal

Ok, this core principle is the key to your success. Unfortunately, not enough traders take the time to develop it.

Mentality – This is a topic that never really reserves the attention and focus it deserves. To be honest with you, without it, you’re dead before you even get started. Take the time to sit down and really understand yourself: what motivates you, your emotions and how you respond to adversity, and what your goals are. The earlier you do this, the faster you will be on your way to forex success. Before you know it, you’ll be executing profitable trades like a robot, and brushing off your small losing trades.

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