Oh, I am smart, I can trade Forex!
Just listen to yourself for one moment, what do you hear? Is it: “I know, I know there are 90% losers in Forex and 10% happy winners, don’t tell me that, I’ve heard that enough, I AM different, I can pull this out and be among those winners…”
Hello… you don’t even have to be a statistician to count the proportion and chances to get to become a member of that minority of successors.
Do you think you are naturally smarter than others? Oh, really..? Are you smarter than the whole world? Do yourself a favor, don’t pretend to be stupidly ignorant. There are bright minds out there that standing next to them you would be a dark spot. And while they lose in Forex why do you think you can win? Of course, because you are smarter than they are, you will win. Ok, think that way as long as you wish.
Forex trading is not for everyone. It is an occupation, if you wish. Can you jump off your seat and become a chief construction engineer or even a junior genetics laboratory researcher? No, you can’t, I can’t, and nobody can do it without prior studying. Yes, at least here we all think the same way…
Same with Forex, it cannot be traded by just anyone, it is a science, an investment science, a special logic of money flow and economic rules, it does not exist by default in everyone’s head. So, lazy people get off board now, abandon Forex.
But if you have chosen and determined to learn it, then, my junior master, I will see you graduating in 2 or may be 5 years. Oh, yes, it is like an university degree, like getting a profession you wanted. Work and work hard, then you discover the rules behind successful being.
I know my topic today is a bit aggressive, sorry. But sometimes such “therapy” is the only way to wake up cautiousness and rational thinking of new and not so new Forex traders.
** Forex Lord of Darkness**
Oh I’m smart SURE I can trade Forex :)))
LoL, thanks a lot for this post. It is great!
if it takes 2 to 5 years whats the point in offering a 5 day course
daz488 … because they’re not there yet — they’(course provider) are still on their journey as students, still learning the trade and lecturing a 5-day course is their day job. :)
ha ha, this is sooo funny! Forex is a gamble if you’re anyone but banks and financial institutions. Believe me THEY KNOW where the market is going, I work for a bank. For anyone else, the ONLY thing you can do is to have a system that will consistently give you better chances of winning than losing in the long run. If you stick to it, THEN IT BECOMES A LICENSE TO PRINT MONEY! DO NOT try to predict where the market is going etc. As an individual, you cannot - believe me.
Great Post .
I was smart investing in shares which are currently 35% in the red.
I was equally smart moving into derivatives trading margin-lent short sells…another 20K down the gurgler.
As a newfound smart forex trader, I wonder how much I’ll be donating to financial institutions this time around.