Forex encyclopedia

Are you a losing trader? Have you been struggling to profit from the foreign exchange markets? Have you tried a number of strategies and each time you fail to make profits? If you’ve been losing your money to the market, then you’re not alone because I was once like you. A full time forex trader Jay Lakhani said, “Failure is a man who has not learnt from his blunders.” Also, Dale Carnegie said, “Develop success from failures. Discouragement and failure are two of the surest stepping stones to success.” And another person said, “You can’t let your failures define you. You have to let your failures teach you.” In the light of these quotes, I tell you the truth, you can’t be successful in life if you quit or give in to discouragement and failures. Therefore, you must keep your hope alive, and keep keeping on until you achieve your desired goals in the foreign exchange market and in life generally. I’ve written this highly profitable trading strategy to help bring your struggles to an end.
According to official sources, the Pareto Principle was named after the economist and sociologist Vilfredo Pareto, who was born in Paris in 1848, but was Italian by nationality. From 1906, he began to notice certain economic patterns. For example, he noted that 80% of the land in Italy belonged to 20% of the population. Then, he formulated the principle, noting that 20% of the pods in his garden contained 80% of the peas. These and other regularities led to the fact that Vilfredo Pareto developed the “80/20 Rule”, which in general form looked as follows: 80% of the effects come from 20% of the causes.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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