Forex Trading Advice - What You Can Learn From This Group of Super Traders


If you want an idea on what it takes to succeed at Forex trading, then you should study the group of traders enclosed. These traders made hundreds of millions, after just two weeks training. Let's take a look at how they succeeded.

The group were trained by trading legend Richard Dennis and he was out to prove a point which was:

Anyone could learn to trade and their success had nothing to do with educational ability, age or sex they just needed the right Forex trading advice. The group was diverse and included a professional card player, an actor and a security guard.

After their short training period, Dennis gave them accounts and let them trade and they made huge multi million dollar profits - so why did they do so well, when we all know 95% of traders lose money?

The system they learned was a simple, long term, trend following, breakout system, combined with some simple money management rules. Anyone could learn it but the real key to the traders success came from having the right mindset to apply it.

Dennis knew, that the key to success for his traders, was applying the system with discipline.

He gave them the confidence in the system and its logic, to follow it through losing periods and apply the signals exactly as they should. This sounds easy but its something most traders simply can't do; they cannot accept losses and keep them small but doing this is the key to Forex trading success.

Forex trading success is far more to do with mindset than method, because if you cant apply your method with discipline you simply don't have a system.

In Forex trading, you have to have confidence and courage and apply your system through losing periods and keep losses small until you hit profits again and the system Dennis's Pupils used lost the majority of the time. In interviews all the group said it was the discipline to follow the system, they found the hardest not learning the system itself.

If you think the market beats the trader, it doesn't - the trader beats himself by letting his emotions get involved.

You can learn a Forex trading system easily which can make money and while getting the right mindset takes time, anyone can do it, if they accept they have to lose in the short term, to win in the longer term.








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