Losing money in the Forex market is totally pitiful!
If Forex trading were a religion, consistently losing your money would be a deadly sin.
The best way to avoid becoming a Forex loser is to know how to spot one and to avoid the Forex gambling mentality. By looking at the characteristics of a losing Forex trader you will know the pitfalls to avoid. We’ve all committed some of these errors (Trust me, I AM NO EXCEPTION!)
7 Habits of a Forex Loser
Fortunately, there are identifiable reasons why some traders fail and others succeed.
There are seven characteristics and attitudes that unsuccessful traders have in common, all of which lead them directly to failure:
- Unsuccessful Forex traders are trading to get lucky and make quick money.
- Unsuccessful Forex losers’ greed exceeds their need.
- Shameful Forex traders think that trading is a game of chance and luck, and therefore do not seek out the education they would need to succeed.
- Pitiful Forex idiots are not willing to pay for their education or mentorship.
- Moron Forex losers are extremely unfocused.
- Forex jerks do not have a defined trading strategy instead they rely on the Forex gambling mentality.
- Forex losers cannot handle their emotions when they’re trading.
Those seven characteristics of unsuccessful traders set a trader up to lose – with those characteristics and attitudes no trader could ever succeed at Forex trading.
Forex Losers Make Excuses – Winners Make Money
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If You Want to Become a Successful Forex Trader, You Must Join AndyW Club.
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