Forex Trading Success - Does Not Rely on Hard Work Or Being Clever, But This Key Combination

By Sonia Kristina

Many people think forex trading success relies on being clever, working hard or being complicated but this is not true. If you want to win at forex, you need to understand the key combination enclosed...

Let's start with a fact about forex trading which will lead us to our key combination and the fact is:

30 years ago 95% of traders lost money and the ratio remains the same today, despite all the advances in forecasting, software and news - it hasn't helped!

So with all the expert tools available the success rate is no higher. Many traders work hard but never succeed because they don't understand this key combination - here it is...

Forex is an Odds Game so Simple is Best

Its true, simple systems work best because forex markets do not move to maths, they are an odds based market and in an odds based market complicated maths is no help. When trading the odds, simple systems work best, because they are robust with fewer elements to break, than complicated systems.

The Mindset to Apply

You have to have the correct mindset to apply your system and this is under rated.

We are all emotional and forex markets bring out the worst emotions of - greed and fear. You must keep these emotions in check and execute your trading signals with discipline, through losing periods. All traders will face weeks of loses at some point and you need to ride them out. If you can't follow your trading system - you don't have one!

Forex trading is all about applying a simple method with iron discipline.

This doesn't mean you have to work hard, or be clever - you just need to work smart and get the right forex education. The rest is then down to your confidence and discipline to apply.

Today, traders want an easy route to profits and believe vendors who sell them junk systems with simulated track records and tell them they have cracked the code of market action.

The problem is there is no code and mathematics is not much help in an odds based market - the route to forex trading success is the same as its always been, a simple robust method, you believe in and can execute with discipline.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's, with 50 of pages of essential info on how to Win at Currency Trading visit our website at: http://www.learncurrencytradingonline.com