A few traders become super traders; are they geeks or do they have some innate ability they're born with? The answer is no. Many come from humble backgrounds but they do certain things right, other traders never do and that's what makes them special...
Most traders are obsessed with getting help and that's why there is such a big industry in junk robots. No millionaire Forex trader would use one of course because they don't work - you don't get rich that easily.
The pro traders are not interested in being clever or using overtly complicated systems either; they see Forex trading for what it is a high stakes game where you have to trade the odds and forget perfection. It's a fact that many Successful Forex traders come from a poker playing background.
They work smart, with simple robust systems, take responsibility for their destiny and trade with confidence, courage and discipline.
If you look at Forex chart, you see big trends. These trends last for weeks, months or years. The pro traders simply lock into them and hold them. They don't care why a trend is moving or how illogical it may be in terms of the fundamentals, they simply follow it and milk it for big profits. If their wrong, they take there losses.
Contrast the attitude above with the average loser.
He is obsessed with predicting highs and lows and never gets to hold a trend because he's to busy jumping in and out the market, trying to predict every twist and turn. Of course he never makes big profits doing this and his profits never cover his losses. When he has a losing trade, he argues with the market and lets his loss run or gets angry and frustrated and throws in the towel.
Forex trading millionaires are not smarter than you, they just do the basics right.
They have a solid Forex education, they trade the odds, they ride trends, they cut losses and take them cheerfully, they have total confidence in what they do and execute their trading plan with discipline at all times.
It's a fact that anyone can learn to trade Forex and win but most traders lose, not because they can't win but because they have the wrong attitude. In Forex trading the market doesn't beat the trader, the trader beats himself.
I am not saying every trader can become a millionaire, life is simply not like that but can you enjoy currency trading success? Yes you can - but only if you really want to and are prepared to get the right mindset - it's as simple as that.
