Aug

Have you ever heard that attitude is more important than action?

Believe it or not, if you are having donate a car to charity wrong attitude, it will lead you to wrong action. It is the same as you trade the forex. You must first master your attitude before you master your trade.

Following are the 10 attitudes that can help you in trading the forex successfully:

1. Be Patient

The most important attitude in forex trading. If you are not a patient people, you better get some training first. :)

When you are patient, you won't lose your trade more and will have your profit raised. Patience lead you to less-stressed trade. You won't just stick in front of your monitor to stare at the market price. If there are no clues in trading, simply don't trade. The market is still there and you still have the other opportunity.

2. Be Content

When you got the profit you want, grab it and go to the bank. Don't set yourself too high profit target only to know that the price against you and kicks you out of the trading.

3. Be Discipline

Set yourself a time to trade or test your own strategy. Force yourself to learn something new in the market or from someone who shows good trading.

4. Be Consistent

When you got the system that you want to trade with, trade it consistently. Test it in 2 to 3 months time. Then, you'll see the result.

5. Be Decisive

Once you tested your system, be decisive in trading. Don't hesitate your system. Use it and trade it with stop loss set. If it doesn't work, the stop loss will get you out of the market. Then, move on to the next trade.

Hopefully you will master these 5 attitudes in forex trading. Get yourself trained in demo trading and then move on to the real trading account. You'll find your trade more profitable than ever.

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