It seems like everyday there are more and more people crashing their forex accounts and losing their dreams of having any kind of forex trading career. It's sad but it's true. If you are serious about having a forex trading career, there are some things that you have to do.
First Off, Take It Seriously
Forex Guide
I know this may sound extremely redundant but it's critical. Here is where most people fail. The take the fact that they want to make money, seriously, but not the actual steps that are needed to make money. A perfect example of this are trading robots. For those that don't know what these are, they basically trade for you automatically 24 hours a day without any human interaction.
This should be a MAJOR red flag, but to most people, they see it as the holy grail. This is the kind of stuff that kills accounts. These shortcuts that are presented to people just so they can look for an easy way out. Folks, there is no easy way out when it comes to having a forex trading career. It can't be done for you.
Learn The Market
Obviously you should know the basics if you want to get into forex trading, like knowing the different types of orders, etc.... But it's important that you have a deeper understanding of what really makes the market tick. The only way to succeed is to actually understand it. If you want to be a technical trader, then at the very top of the list should include learning price action.
When you can look at a basic price chart and just be able to "get it" without any of the other bells and whistles that come along with trading, then you can really call yourself a trader.
Forex Trading Career - What it Takes to Have One
