Random article: Forex Newbie Achieves Success
Every day, many people around the world try their hand in forex trading. Many of them failed and never look back, some persist for years but never achieve anything, a few soar in almost no time at all. With all those information, including entry-exit strategy, money management, and psychological control available freely in the Internet, supposedly everything is not as different. So how a newbie can advanced to a higher level as a trader?
Many mistakenly think that the difference between a successful trader and a struggling one is the entry-exit strategy, personality or even experience. But all those things are simply skin-deep. They don't explain why some traders work for years without achieving significant results except maybe the amount of their losses. True, to succeed, a trader needs to have the right entry-exit strategy, apply money management and some experience. But, if there is something which makes a difference between years of struggling or a relatively short time to achieve, it is this.... Well, actually there are three: