Journey to Success is an arduous and painstaking . Playing Forex too. Even the grim it is not only reflected in the currency kept losing that much time at home do not have that , some even committed suicide due to insolvency , bankruptcy ... So , how to avoid it and became a talented investor Forex floor .
To become a successful investor
To become a successful investor in the Forex market , you have to be motivated toward high achievement . However, motivation is not enough . You need to understand the rules of market developments , the cause of exchange rate changes as well as the impact of economic news .
The most important factor for success
Practical experience is the key phrase you need to remember . Only if it had been you can consider themselves a Forex market participants rather than a professional player wants to take advantage of his good fortune .
Three basic principles of investment success
First: You have to learn every day and improve their skills to get the advantage over the others who are participating in the market . Improving the quality of the trading decisions you make .
Second: You have to learn to control his emotions . The business decisions should be made based on knowledge and understanding , and reasoning should be based on analysis of market conditions , not emotional .
Third: You need to have a strategy and its own regulations . Only if they make it consistently generate new profits . Remember the 6 letters : Sufficient knowledge of the situation , the patience to wait , to think wise enough , brave enough to make the decision , is mature enough to control their emotions and alert enough to adjust itself before the change of market conditions .