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What Your Mother Never Told You About Trading

Guest post from  visionsofaffluence.com

If you think that trading is going to be a magic bullet that is going to make you rich overnight with little effort then I’m sorry to have to be the one to break it to you but you are dead wrong. I mean I don’t blame you for thinking that because from the outside looking in trading does look pretty easy. You look at trading in the movies and on television and what do you see? A bunch of guys sitting around at their computers looking at charts and making obscene amounts of money, and once you go online you are bombarded with ads hyping some system that is going to make you rich overnight. All of this adds up to people having unrealistic expectations as to what it takes to make it in this business.

The reality is that it takes a lot of hard work and dedication to become a successful trader, but the media and marketers never show that. They never show the hours you will spend going over charts or the money you will lose when you first start out. They never show the emotional turmoil you will go through as you lose trades over and over and begin to feel like you will never make it as a trader, and most importantly they will never show you what it truly takes to be a successful trader and that is perseverance.

That’s right most important thing a trader can posses is the ability to persevere. You can have the best system in the world and the fanciest software, but if you don’t have what it takes to make through your early days as a trader then you will never make it in this business. Success is not going to happen overnight it takes time and effort, but if you are willing to work through the tough times then there is no limit to what you can accomplish in this business.

So to all my aspiring traders out there don’t give up. I know how hard it is when you first start out and you have no clue what is going on but don’t let it discourage you because the reward in the end is truly worth it. You may feel like you are the worst trader in the history of the world but if you are willing to keep struggling and keep learning then I promise that you will be successful. You just have to keep working.

If you want to discover what it takes to be able to trade for a living. Then visit visionsofaffluence.com

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Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.