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How To Succeed As A Forex Trader

Discussion in 'Make Money Online' started by FXmillionaire, Jan 12, 2018.

  1. FXmillionaire

    FXmillionaire Jackobian

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    Forex trading is an exciting and interesting business with a lot of opportunities for everyone.
    It has afforded a lot of people a very good quality of life.
    Nevertheless, many who are inexperienced or ill-informed about it have also suffered losses.
    Here is how to turn those losses into profit and succeed as a Forex trader.

    Firstly, never give up.
    Winners never quit and quitters never win.
    The road to becoming a successful trader will be filled with many ups and downs.
    But, if you give up, you will never get there.
    You have to learn from every experience and improve.

    Secondly, you must get a good Forex education.
    Without a good education, you cannot succeed as a Forex trader. Simple.
    Here are some very good educational materials for you

    Thirdly, focus on the right things.
    Do not try to get rich overnight.
    Rather, focus on understanding and mastering your trading psychology and developing a good strategy that will make you consistent profit.
    If you put this as the main focus, you will eventually make a lot of money.

    Become an Affiliate partner
    Affiliate partnership gives you the opportunity to earn money from the trading activities of others without risking your financial investment.
    It involves promoting and attracting clients to the broker and receiving a commission.

    JustForex broker offers one of the highest commission to their affiliate partners.
    See more information about their affiliate program .
     
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  3. Noel Nelz Asap

    Noel Nelz Asap Leader

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    Correct guy.... Great tips
     
  4. FXmillionaire

    FXmillionaire Jackobian

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    Mistakes many Forex traders make

    Not learning from mistakes is one of the greatest mistake.
    Another mistake is not being patient enough to invest the time
    and resources it will take to have a good Forex education.

    Also, instead of focusing on developing and following a profitable trading strategy that suits them,
    some traders rather focus on how to get rich quick.

    And lastly, I will say lack of discipline is another mistake.

    Hey Forex traders, what do you think?
     
  5. FXmillionaire

    FXmillionaire Jackobian

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    Two deadly sins of Forex traders

    Fear and greed are two deadly sins of trading.

    But I think greed is more harmful because fear protects you sometimes.

    Though the protection of fear usually limits your potential and your success.
    While the market really hates greed. It will punish greed almost every time.

    The best protection is knowledge. With knowledge and understanding, you can deal with fear.
    While proper planning and sticking to your plans can help you overcome greed.

    So Forex traders, do you agree with me? Make your contributions.

    Contact me on joel.a@justforex.com
     
  6. FXmillionaire

    FXmillionaire Jackobian

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    Thank you :)
     

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