| PDF Title | : | Naked Forex – High Probability Techniques |
| Author | : | Alex Nekritin & Walter Peters |
| Language | : | English |
| Publisher | : | Wiley.com |
| Format | : | |
| Total Page | : | 311 Pages |
| PDF Size | : | 6.35 MB |
| PDF Link | : | Read and Download |
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“Expert traders put the effort into becoming an expert. It is ironic that many traders are attracted to the trading lifestyle, thinking that trading will allow passive income to accumulate. This is certainly true, any trader can make money while sleeping, but expert traders are much more likely to achieve consistent, passive income from trading.
Trading is like any other job: Practice and effort must be well-placed in order to reap the rewards. The expert trader may be able to quickly make trading decisions and place trades, but these decisions are the fruits of many hours of practice, in nearly every instance.
Traders must earn their pips through practice. Practice means confidence. Practicing your trading system will enable you to keep trading your system and avoid all distractions and excuses (e.g., terrible system traders and bad-market traders) along the way.
Practicing your trading system will allow you to enjoy the confidence of knowing when you place a trade how likely you are to be successful with that particular trade. Would you enjoy trading more if you had a quiet, unshakable confidence in your trading system? Would you find it easier to walk away from your computer if you knew the precise likelihood that your trade would be a winner?
Would it be nice to know that you will avoid the excuses bad-market traders and terriblesystem traders make? What would happen if, from today onward, you maintained confidence in your ability to extract profits from the market even through the ups and downs that are inevitable in any trader’s life?
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