Other Forex Currency Sayings

Money Hunter 112 Views

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Here are some Forex currency sayings:

Currency Trading is about self-government. If you can manage your own actions, you can trade currency successfully.
The truth is that most people do not have the self-control to be currency traders. It is a learned skill that comes after much trial and error.
There is nothing destructive about being wrong – the mistake lies in “staying” wrong.
Difference between Winners and Losers is Persistence
95% of traders lose, because they go onto Forums and are taught how to lose.
Never hope on a trade, just manage doubt.
One does not have confidence in their trades because they do not have valid reasons for the success of their trades over the long term.
Have courage and intelligence to admit when you lose.
The traders who are most likely to fail are the ones who enter the market unprepared – emotionally, psychologically and technically.
Two entities rule the market, fear and greed. They pass the scepter of control back and forth everyday and that is how we make money.
You cannot win without an edge, if you do not know what your edge is you do not have one. To have an edge you must have a method.
Winners plan, losers merely hope.
Reading all the financial news and evaluating it will avail you nothing. The market may rise on bad news and go down on good news. Then where are you?
A good trader has to have three things: a chronic inability to accept things at face value, to feel continuously unsettled, and to have humility. Other Forex Currency Sayings.
If you traded according to your plan then there are no “extra points” to be had.
I convinced myself that whatever was wrong was wrong with me and not with the market.
Do not ask the market what he cannot give you, and be prepared to take what he is willing to share with you.
Trading is a loser’s game. He who loses best wins.
Good traders know how to make money, but great traders know how to take a loss.
Trade what you see not what you think.
Trade Well and Be Well. Take responsibility for your trades. It is your money.

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by James C. Feldon