How dreams prevent you from making money on Forex
Traders give all sorts of reasons when justifying their failures in Forex trading.
This includes broker manipulation of quotes, inappropriate price behavior, and malfunctions in the trading terminal.
Yes, all of this is present, but in reality, the main reason for the inability to make money is entirely different, and it lies in the very approach to trading.
It's all about inflated expectations and dreams. It might seem like there's nothing wrong with dreaming and setting grandiose plans, but in reality, it's precisely these dreams that prevent you from working.
Based on a person's dreams and current situation, it's quite easy to create a personality profile and assess their life prospects.
Moreover, traders not only plan how to earn huge sums of money but also how to spend it, choosing their vacation destinations and methods. Everything is there—the Seychelles, luxury yachts, and villas—but there's no desire to work.
They don't want to waste time on trifles, earning a few percent a month on their existing deposit, gradually improving their trading efficiency and increasing their account balance.
Only in between forum discussions do they make unsuccessful attempts to profit from risky trades, almost always losing their money.
To avoid this, it's important to recognize that it's virtually impossible to make money on Forex without substantial capital, regardless of whether it's your own or attracted from investors.
Dreams of turning $100 into a million only hinder the gradual progress toward success; most such dreamers sooner or later quit trading.
Therefore, if you truly want to become a professional, don't dream of quick and easy money with the help of advisors, but trade yourself, study the market, and learn from the experience of traders who have achieved success themselves –
see David Tapper
at http://time-forex.com/treyder
