In reality, only 10% of all traders are successful and 90% of the traders who attempt to become a successful forex trader fail.
3 simple rule :
Knowledge = Income
Lack of knowledge = Lack of Income
Correct applications of knowledge = Financial Freedom
Many people source forex trading knowledge through means of books, free e-books, free e-course, forum etc freely available through the internet etc. Sure almost 90% did go for free stuff. Some even paid heavy monetary lessons to the forex market thinking they can learn through their own trading experience. Most or 90% of them went broke.
To really master forex trading you need a very good mentor. Someone, on the trading floor with years of experience. Most might come at a price. But it's really worth as your winning can cover the course. There are some very good mentors that charges for a small fraction of price. But beware, ask for verification as nowadays more and more self claim gurus without real experience and track records evolved!
Yes, you still need to learn through means of books to update and learn from good traders experience. It's a continuous educations.
Benjamin Franklin once said :"If you think education is expensive, try ignorance."
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1 comment:
Forex trading require lot of market knowledge, passions and strategy to make profit. Thanks for sharing.
Saar Pilosof
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