18 November 2009

Combat losses

Traders who want to be successful, must believe that they are responsible for the results of bidding - as all profits from them, and for the losses. They must learn how to deal with losses, because losses - part of the everyday life of a trader. Every trader must learn to accept defeat, and, raising his head high, move on.

6 secrets to a successful trader in the online forex trading currency. 1. Find method. 2. Be disciplined. 3. Get experience. 4. Accept responsibility. 5. Adjust to losses. 6. Take a big profit.

People who curse manipulators, insiders, them big guys, programs, lobbyists every day, doomed to failure even before you start bidding. They are already convinced that the market is closed to them, and they have no chance to earn it. You should know that each victory or loss - is your handiwork.

You should also have the fortitude to admit that the losses - part of the game. Some are very difficult to accept even this simple fact.

If you're hoping to perfect trades, you are guaranteed to have failed. You need not be perfect, you need to be better than others.

Be honest with yourself. Most fights at a loss, saying the truth to others and sometimes even themselves.



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