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You really can't win them all.
1. You really can't win them all.
As a long term trader in Forex, I have heard a lot of feedback from several traders
and there is one attitude that always separates those who do well from those who
quit.its an attitude that I believe all trader need to succeed and thats:
"You really can't win them all"
Its this attitude that keeps you learning and moving forward in Forex, you never
stop learning, heck I still learn something new everyday now trading the markets,
you can't sit still for a minute, but you got to be realistic too.
Unfortunately a lot of traders have the opposite attitude, they will hit 1 or 2 losing
trades and give up, sometimes if they are learning a new system or method they will
call foul play and move on to the next, this is no good, because inevitably they up
missing out on all the winning trades.
This can knock your confidence and you will start to lose interest in Forex which
means you are potentially missing out on an opportunity that could change your life
or at least make you a lot more comfortable financially.
Some will say that saying "you really can't win them all" isn't a very positive way to
think, but I would say that it is just being realistic. Forex is all about controlling risk
and the Forex market can be very unpredictable without using the right tools.
This is why ANY system or method can have losing trades.
In a perfect world, we would win every single trade and never have a loser, but in
reality this isn't true. You see, losing trades gives you experience and helps you cope
with losses better, there is always a winner around the corner, and the more you
recover from losing runs, the bigger and stronger your confidence will be and the
closer you will get to becoming a professional and successful trader.
Thanks
Chris (admin)