Being A Successful FOREX Trader
Many FOREX traders are drawn to the markets because of the possibilities, of making large sums of money, with relatively little work. Along with the freedom, FOREX trading brings with it, ongoing challenge of the markets.
The markets bring the brightest minds from all over the world to compete. We know it takes a great deal of planning in order to be a successful trader.
To me, a successful FOREX trader is anyone, whom consistently generate profits, in trading the FOREX market, in a long periode.
My goal through my blogs and sites, are to help making you, a profitable trader. To teach you indirectly, how you should think, plan and trade the market, in order to do that.
Also, to teach you (indirectly), the importance of position sizing so that you are always in a position of profits, as opposed to trying to win your way back from a steep loss which will always lead to losing more money.
Plus the better traders I make all of you, the better you are going to help contribute to Vivi's Group, and make it that much better for everyone.
BUT, this is not done in a day, NO ! It takes time.
It takes time for you to learn to be detached in your FOREX trading, so that you are no longer attached to the out come of each individual trader.
Only time and experience will teach you that.
Right now, while you are learning and becoming a successful forex trader, you also need to learn how to grow your money.
The magic of compounding is what leads to wealth. It is important almost crucial to your success to be a good steward of your money. By saving a small amount of money each month and adding it into your account, you will see how over time these small deposits add up to a very sizable trading account and coupled with your small consistent returns turn into something big.
As you grow your account over the course of the year and grow it by contributing to it you will see your account getting bigger and bigger year over year.
And if you are having fun in the process, then I would say you are ahead of the game !
Vivi
