Professional Forex Traders: The Silent Rock Stars of the Trading World

Filed under: Learn Forex Trading |

There is no two ways about it – trading forex is tough. Not good news for beginners I know, but as far as I am concerned, it is a fact. I personally have been trading seriously for around two years, and I feel like I am only just beginning to get to grips with it. There is a definite ebb and flow where, for a while, you think you have got it, and then you lose it and start to panic, and then you review what you have done and start all over again. It is most certainly a very steep learning curve that is plagued with dangers.

 

However, there is no doubt that there are many forex traders out there who are quietly doing very, very well. These are the silent rock stars of the trading world. And they could be anybody. They could be the man who drives by in the latest sport car, or they could be someone leading a modest life next door to you with millions in their trading accounts.

 

So the question is, how do you become one of the silent rock stars of the trading world? Well, if I had the ultimate answer to this, then I probably wouldn’t be sat here writing this article for a start! However, after two years of serious trading, I do have a few ideas on the direction to go in. For me, the top three criteria that you need to focus on for being a successful forex trader are: 1) money management, 2) A system with an edge, and 3) trading without emotion. If you can get a handle on these, then you will have a chance of becoming a successful forex trader; and joining the growing number of silent rock stars in the professional trading world.

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