subject: Stories Of Successful Forex Traders - One You Must Read [print this page] Stories of successful Forex traders that are written by actual traders showcase a variety of different opinions. Since it doesn't take that much to make up a story just to grab your attention, you'll want to look deeper at the stories that you're reading. You want inspiration, of course. Education is also part of the process.You can't pick up a book on Forex trading and then start trading the very next day. You need to follow the systems that educate you and give you the skill set to build your confidence. The one thing you can't learn from a system is your own emotional responses to wins and losses.Most systems start off using fake money. This helps you develop the skills. However, since you are using fake money, there's little to no element of risk. Thus, you are only developing skills. Your transition to real money will add pressure.Stories of successful Forex traders can give you a wide and full picture of how they responded to dealing with their own real cash. Since it changes so much emotionally for some people, this can help paint a more accurate picture while you're still learning the trade. The stories that will provide the most benefit are those that delve deep into all aspects of trading, including the stress and the sweating that is typical of almost all traders.This is a whole new world. The more you start to understand the world you're participating in, and the more you develop unique skills, the more you'll be able to flesh out the real stories and gain insight and knowledge from them.The self discovery, and wins and the losses, and the ups and downs are all part of learning how to effectively earn a really good living from Forex trading. It all counts, even if it seems innocuous at the time. You're going to have to lose more than once in order to grasp the full scope of the trading game.Any time you move from one area of expertise to another, you will run into snags. Forex trading is so different than most of the careers that people leave to learn trading. This can be a huge transition and one that takes a lot of adjustment. When you consider just how many hours are placed into learning to be an expert in any given field, you can put the learning process into perspective. This is how you'll start to recognize the real stories of successful Forex traders.
Stories Of Successful Forex Traders - One You Must Read
By: Cedric Welsch
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