If You Want to Be Rich…Practice this One Habit.

[Ammie]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

[burayak]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich…Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don’t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of ‘delayed gratification.’ They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by ‘sacrificing’ my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification – andspend wisely – and you will see your money multiply.

if we understand and do it seriously maybe we will quickly succeed in the forex business is that it is true that we must be disciplined and be patient when running this learning process.

[atif58]

I think it is the great article i ever read. I am also spending the same life as the person mentioned in this article. I am a student yet, i do not join parties , i do not go on trips , i do not spend money for android phone or iPhone , i do not spend money for a new T-shirt. But i am collecting my every penny to invest in forex. This the BEST article !!

[dmambi]

Yes all we need is patience to get success, instead of earning $1000 in one week and loosing the next immediate order. It is always better to wait and get the steady profit and build the account for long term trading.

[tanmoy001]

i THINK FOR MICRO TRADERS THE BIGGEST ELEMENT IS TO CONTROL GREED AND ALWAYS KEEP ONESELF UPDATED WITH LATEST INFO

[s19]

Yes all we need is patience to get success, instead of earning $1000 in one week and loosing the next immediate order. It is always better to wait and get the steady profit and build the account for long term trading.
i agree with you...in forex patience is must & most important thing. if we want to rich with forex then its must we made a trading system that totally base on a good strategy, good money management..trading without greed and emotions. if we trade in that way then we will become rich.

[forexman]

i cant understand anything from this article.but i want to say is becoming rich in forex is not easy as drinking a coffee,it need lot of skills and reseach and safe trades and agood capital to become rich.

[anitagala124]

all traders want to be successful, make a routine evaluation, we learn from experience, it is very good. The ease of making money in forex relies on the trading system used. If the trading system is easy to score profits, then it is easy to make money in forex trading.

[meyi80]

yup, investing in forex knowledge sometimes can be very hard especially by newbies like me, because spending money on this kind of things doesn't produce any direct result like when we buying somethings. but thanks to this article, now i know that improving knowledge about forex can be a very good foundation for our future.

[taqiniazi]

The article is good, but its very hard to understand and learn the Forex business. I think the daily reviews and trend is more better for bigners to understand what Forex done in near future.

[aadrika]

Wow, that was a really nice article by Ammie. However, when considering to delay gratification and invest your $100, you should also have it at the back of your mind that you could also lose your entire investment. So sometimes, delayed gratification can end up becoming denied gratification.

[muhammadatif]

This is universal truth that practice man make perfect. If you want to get success and become a big trader in forex market I suggest you continue learning process with trading.

[dmambi]

i cant understand anything from this article.but i want to say is becoming rich in forex is not easy as drinking a coffee,it need lot of skills and reseach and safe trades and agood capital to become rich.

Though this article not speaking anything about Forex trading, the basic content in this article can be applied in general to any business in our life and also to Forex trading. What i interpret from this is,
-never hurry to make quick money without learning the Trading ,
-invest more time, money in learning in the beginning than trading,
-keep compounding profits instead of withdrawing to increase the capital to a predetermined level.

[nona]

Training does not need to be rich or poor, but he needs someone who wants to learn and trying to not get tired and tireless attempts and stands after every occurrence on the ground
Education comes through determination and perseverance, so each of us to insist that he learn and will arrive in one day to the desired profit

[kulonikilaregunung]

Training does not need to be rich or poor, but he needs someone who wants to learn and trying to not get tired and tireless attempts and stands after every occurrence on the ground
Education comes through determination and perseverance, so each of us to insist that he learn and will arrive in one day to the desired profit

we must learn on demo first, after a successful demo, we can begin trading on real account, I think the most difficult part is learning to control emotions, we have a lot of practice, practice makes a man perfect and practice is the only way to get experience about forex and we can avoid loss. after get experience , we can make very good money in forex.

[mazba]

Yes I agree with you.Its very important in forex be patience.Greed control is also a fact in forex
trading.so be patience and greed less then you must be succeed in Forex.

[asingh601]

Wow bahut achhi jankari apne post ki hai maine ise pura pada aur mai ise apply jarur karunga kyonki mai bhi rich banana chahta hun. main iski practise bhi karunga kyonki practise sabse jyada jaruri hai isliye.

[ermaniso2011]

l have realized the importance of the patient when l met with a retired teacher.he already raised 4 kids all graduated from collage and he has a nice house and so many investment ,l was wonder how come with just a small salary he was able to make all this.so he told me that when he start to receive his salary he always keep some amount for installment lots or house or he saved always some amount in the bank.and he always put a yearly target to gain.at the end years past when he checked his savings he coudn't believe how much he saved.and he was successful for all of his life.now the lesson is :aren't we too much hurry when we are trading.do we ever think to save some amount every week from our earnings.?and never touch to them at least for one year.yes you could have a very big capital now for trading or buying a nice car. :)

[ermaniso2011]

so shortly to say if you want to get rich in future you have to save money,knowledge,experience,lessons to build for better.if we want changes in our life then we have to add some skills to ourselfs then we will deserve more.

[metroearn]

Wow bahut achhi jankari apne post ki hai maine ise pura pada aur mai ise apply jarur karunga kyonki mai bhi rich banana chahta hun. main iski practise bhi karunga kyonki practise sabse jyada jaruri hai isliye.

practice makes a man perfect . practice k bina forex adhuree hai. aap jitna practice karo ge,utna hi aap experience and knowledge hasil kar pao ga. best of luck.

[kulonikilaregunung]

Whenever trader start the trading forex with proper learning and improve their trading knowledge with demo trading account then obey the money management and obey the company rules then its more success and more profit.

[yogesh]

so shortly to say if you want to get rich in future you have to save money,knowledge,experience,lessons to build for better.if we want changes in our life then we have to add some skills to ourselfs then we will deserve more.

You said it rights, if we develop excellant skills they are worth more value than the simply saving the amount. The money we save we can lose in short time, but skills remains with us forever.

[kulonikilaregunung]

dicipline apply our trading strategy and money management is one important key to be successfull trader. we have force our emotion to follow our trading plan consitently

[kulonikilaregunung]

in the case of duplicate methods that we have got from other traders that are already proven profitability above average and it's good for everything and we can apply not think to change the trading strategy itself

[erna27]

discipline is the root of all the things that we're going to do, without discipline don't hope you will success

[newentry]

in fact, there are many traders got some loses after the learned and got practiced and it happened because they still left some mistakes in their trading until they will learn again with deeply and then they begin make profit with well
the key is when they have a good willingness to be a good trader they will learn and practice with serious and they do not want waste their time for careless thing, and this cases, they need good patience and discipline for to do it

[kulonikilaregunung]

The point is that forex is difficult in nature, but the bitter truth is that working hard is the way out. Interestingly, the quickest way to get sure riches in Forex is to minimize one's trading risk.It is quite a simple philosophy. If we minimize our trading risks, then our risks will include only that which we have little or no control over, and it is surely easier to trade with minimal risk. Invariably this will improve our chances at success.

[sarwars]

Right traders can be more disciplined to learn forex practice by implementing the use of virtual capital in a demo account based on the funds and now i know that improving knowledge about forex can be a very good foundation for our future.

[esif]

very beautiful brother, the presentation is great, but from where you collected this massive data...oh any way i appreciate it. and keep it up buddy. we are waiting for your tips..

[mohit]

to be a good trader and if you want earn good amount of money then you must have patience in you and must have ability to handle the pressure present in the forex trading

[motiurbd]

Only those can become true forex master who choose to be a newbie for the rest of his life... Forex market updates in every single seconds.. Many new things are happening, many new data coming out, many new strategy evolving... this is why you also need to modify yourself as well.. otherwise you will be left behind..

[adil.iub]

Wodeful article thanks , i lso following the same and leaving greedines and keep pateint is very important if anyone trade with applying tecnuiq he can be easyly rich

[ishvara]

To be very successful in forex exchange trading, we need to follow all set rules and regulations that guides a forex exchange trader. MM, capital management, psychological control, setting of all market orders like SL, TP and trailing stop loss will help us to be rich and successful in forex.

[Dudunk]

important we must always be optimistic will continue to grow in forex due to success requires a process, the point is how we succeed in carrying out the process

[topfx]

rich is a very big world if you r really a good honest trader then money is nothing for you so think before income money you should be a good trader may be you loss forst time but please don't loss your hope and practice more and more on demo account and start to make money.

that's true, we often practice with the demo account, it will make us more experienced and better trained to obtain the best strategy, the point is more patient and discipline.

[shinde]

to be a good trader and if you want earn good amount of money then you must have patience in you and must have ability to handle the pressure present in the forex trading

[nilesh]

if we understand and do it seriously maybe we will quickly succeed in the forex business is that it is true that we must be disciplined and be patient when running this learning process.

[thomaz123]

I'm so confused reading your post. Please just post only important point from that article, so member can understand much better.
I would thankfull if you could simplify your post.

[Morshedul]

You should not show our greed intention. In forex, we cannot become millionaire in one day. Since it is global market and fluctuate everyday, you have to wait for the profitable moment. When that moment come, you have to grab it correctly. I think by giving proper attention and concentration, you can definitely get success in forex. I love to read this article. It is amazing . It tells to do correctly what i have planned for. So new investors, do not waste your time. First learn then trade carefully with your own vision and plan.

[nilesh]

This is universal truth that practice man make perfect. If you want to get success and become a big trader in forex market I suggest you continue learning process with trading.

[dog]

in forex patience is must & most important thing. if we want to rich with forex then its must we made a trading system that totally base on a good strategy, good money management..trading without greed and emotions. if we trade in that way then we will become rich.
yes in forex one needs to be patient while trading.if you want to earn good profits then he needs good trading strategy ,proper money management as well as risk management.trading without emotion is not at all an easy thing.but emotion cause you loss only

[dog]

if you wanna to be rich you must work hard to achieve it.a trader can get good trading strategy and money management through their practice and experience only.trade with confident and i think this will give you good profit

[kampung]

Wow excellent post. This guy has shared his experiences. Reading the article taught me a lot about patience and many things that will help to make profit.
Thanks a lot.
yeah it will always be our patience is tested in this business is not that how most of us often experience a loss of trade due to we do not have the patience and too hasty in opening trade and we also have a greed

[Morshedul]

Yes you are absolutely right. We should really focus on the trade which we are planning to do. Or else we wont get success. Forex basically is not hard, but we makes this stuff hard. If we practice forex well and learn all the basics, then we will definitely earn good amount of money from forex.

[jai]

good habits usually comes from commitment and self awareness. Without it even if we're practice the every day, the habits will only last temporary. discipline and patient should be lies deep in our heart and not in our head. So when ever we're going to trade the habits will drive us automaticaly.

[malik83]

yes i agree with you if you want to make money from trading then practice is should be your habit because by practice you will be learn so many information and knowledge about forex which is so important for your trading and you become a rich.

[Gupta]

To be rich either from forex or from any other venture in life, you will need to keep abreast of any changes involved in that industry and this requires constant learning and practice. You need to keep reading materials that relate to that field that you are involved in.

[oscar]

always been disciplined in the trading plan if you want to be rich in this business ..
make it a habit to be able to make trades based on the rule and use money management to protect the trading account gets a lot of loss ..
you will get rich if you are patient and continue to develop your trading skills

[maryosa]

always been disciplined in the trading plan if you want to be rich in this business ..
make it a habit to be able to make trades based on the rule and use money management to protect the trading account gets a lot of loss ..
you will get rich if you are patient and continue to develop your trading skills

Intention in trading of forex should not be because trader want to be rich, but because trader want to earn steady income from online. If trader desire to be rich from forex, then trader must have other means of income and other business. This is because trader will need to re-invest profit gained from forex back into trading. This mean that trader cannot withdraw profit often but must compound it.

[my-forex]

To be rich either from forex or from any other venture in life, you will need to keep abreast of any changes involved in that industry and this requires constant learning and practice. You need to keep reading materials that relate to that field that you are involved in.

I agree, indeed if we are to succeed we must follow the development of the era and one of them today. whose name first forex trading can only be done by an agency, but now of our own homes can and that if we do not keep up then we will be left behind

[Mark]

Your post is very interesting. If we always defer gratification, and then when we get satisfaction? would not that mean we'll always be behind the times? Conjunction with the World Trading, perhaps you mean is we need to invest money and time to be successful in trading. Is it like that? I wish there was an explanation ... thanks.

[dmambi]

To be rich from Forex trading needs lot of discipline in trading and learning the skills. What we need to concentrate in the beginning is improving our trading skills and about leaning the market conditions.

[sunil]

You said it rights, if we develop excellant skills they are worth more value than the simply saving the amount. The money we save we can lose in short time, but skills remains with us forever.

[Mark]

To be rich from Forex trading needs lot of discipline in trading and learning the skills. What we need to concentrate in the beginning is improving our trading skills and about leaning the market conditions.

I agree with your opinion. Skills it takes a long time. Let's say an aspiring mechanic, he should practice before opening the workshop, at least 2 years. In your opinion, how long it takes for a trader to be highly skilled in forex trading?

[herono1]

if you want to be rich and earn the more profit with forex trading then you must need to be learn the scalping strategy, that is more better for trading and make the money fast in forex trading business.

[xiaotanghao]

I completely agree with you.Pratice can be a very good habbit.If we can try our best to enjoy our pratcing,I think we can achieve so much.We can gain more trading skills,strategies,analysis styles.

[chirayu]

To be rich either from forex or from any other venture in life, you will need to keep abreast of any changes involved in that industry and this requires constant learning and practice. You need to keep reading materials that relate to that field that you are involved in.

[Mark]

To be rich from Forex trading needs lot of discipline in trading and learning the skills. What we need to concentrate in the beginning is improving our trading skills and about leaning the market conditions.

Your opinion is very interesting. Here you emphasize the importance of discipline. What do you mean by that discipline, we have to spend some time on a continuous basis, or in another form, do you? can you explain further? thanks...

[sinaga]

everyone aspires to be rich. Sometimes people think of forex trading can be a get rich quick. all need a process. if we are able to master the trading system and be able to take advantage of the system was not impossible. as long as we are able to regulate the discipline and financial management that we use for trade

[sinaga]

I fully agree with your opinion. Could you please tell me more about financial management you mean here? thanks ..
thank you guys. I traded in my always control how much the loss that we can receive. This one makes me able to survive in this trade. I always use 3% of the funds that I have to trade. we can not trade at any time? if we lose this time tomorrow we might be lucky and we can fix the system that we use

[Mark]

thank you guys. I traded in my always control how much the loss that we can receive. This one makes me able to survive in this trade. I always use 3% of the funds that I have to trade. we can not trade at any time? if we lose this time tomorrow we might be lucky and we can fix the system that we use

Interesting opinion bro ... You say, always use 3% of funds for trading. Do you also use the SL or TP rules in any trading that you do? and if using 3% in any trading, how much% you can make in a month?

[siredewe]

keeping your fund as healthy as possible is important..i do agree with sinaga...we cannot trade anymore if we did not have any money left in put account...so trading with small quantity is best if we dont have any proven strategy yet...

[andhwrey]

I completely agree with you.Pratice can be a very good habbit.If we can try our best to enjoy our pratcing,I think we can achieve so much.We can gain more trading skills,strategies,analysis styles.
thats right,more efficient ways if we are reading and practice in same ways,so we can apply strategies in demo and can makes
learning proggress more faster,and try to knows many situations so your mistakes will get reduce for making same mistakes that you already knows

[Mark]

I personally think that knowledge is alone not enough for a good trader. The good trader is a person who knows what to do when the trade goes in an opposite direction. It is not possible for a trader to control his emotions while trading just by learning Forex or practicing in demo account.

To treat a demo account with a real account is easy, because the demo with the real is not much difference. Especially if using stretegi buy below or sell above. But the fact that it still results in a better demo than the real. So maybe the experience in real trading it is more important ....

[lights]

I also caught up in the desire to become wealthy in a short time, when there is no quick way to become rich, everything takes time, perseverance and hard work .. after I lost my capital for a Margin Call, now I prefer the advantages of continuous, although the number is relatively small

[Mark]

In the forex, we do not need to rush to get rich or become successful. Because forex is also a system. Each system requires that both inputs and processes, so that the output is also good.

[ShoSho]

In the forex, we do not need to rush to get rich or become successful. Because forex is also a system. Each system requires that both inputs and processes, so that the output is also good.
You are right trading Forex is a system and we should first make the inputs perfect by learning hard and working and practice then the outputs will be that we will be successful and rich.

[my-forex]

In the forex, we do not need to rush to get rich or become successful. Because forex is also a system. Each system requires that both inputs and processes, so that the output is also good.

because forex is risky so we hrus extra careful. If we assume that forex can make us rich quick then we will be stuck in an uncontrolled greed. so we have to keep learning and learning

[dmambi]

To become rich we should also think positive and our aim in Forex trading should also be positive.
Along with it we should learn the essential skills required to become rich with this trading as it helps a lot during trading to analyse the market and predict the price movement accurately.

[ashwini]

we need the patience ..and patience when we do practice or do on real account. its very important.. then we will be easily make income / profit // waht ever we want from this Forex business we get easily. and not so easily we also make huge income .. compare with the other online or offline .. // traditional business..

[kuldip kale]

for earning money and getting rich in very quick succesion you have to doing trade like a professional trader and very skill fulyand much important is doing trading practice regurly so that you avoid a small small mistale

[yogesh]

for earning money and getting rich in very quick succesion you have to doing trade like a professional trader and very skill fulyand much important is doing trading practice regurly so that you avoid a small small mistale

I think by trying to getting rich quick we may ignore the capital and risk management and that may make our trading more risky which may yield to losing our capital. It is rightly said in the thread that habit of delayed gratification – and spending wisely and little on each transaction will help us make regular profits and limit the risk too.

[mhchomsi]

this is another ....................................... spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.
I am not familiar with that you convey, but if you are serious about getting you into a lot of money you have to study hard in the forex market. one important thing that you need to bear in mind that forex market is a place where you can achieve a dream, but also you can lose your dreams, my advice is you should be careful and patient

[Protech]

me in order to, discipline utilize about our trading technique and additionally MM is certainly one important key to be able to become successful trader. some of us have force the emotion to follow the trading system consistently.

[ezincenter]

I will tell you all of these things only in two lines, the beginner to start trading and to become a successful trader is to build his own strategy that fit his needs and suits his style and personality and make sure to keep it simple with just one or two indicators.

[norix]

me in order to, discipline utilize about our trading technique and additionally MM is certainly one important key to be able to become successful trader. some of us have force the emotion to follow the trading system consistently.

yes it is very difficult to get used to controlling our bad trading habits, not all want to be rich? me too
but we need the credibility that has no missing

[patil]

good habits usually comes from commitment and self awareness. Without it even if we're practice the every day, the habits will only last temporary. discipline and patient should be lies deep in our heart and not in our head. So when ever we're going to trade the habits will drive us automaticaly.

[norix]

good habits usually comes from commitment and self awareness. Without it even if we're practice the every day, the habits will only last temporary. discipline and patient should be lies deep in our heart and not in our head. So when ever we're going to trade the habits will drive us automaticaly.

have good habits from the beginning of a bad start it was very difficult and sisters, we made ​​and in a difficult position because it makes our own decisions just as well own that will have the risk that
What's wrong with trying to forward a good and orderly planning is a very good

[norix]

good habits usually comes from commitment and self awareness. Without it even if we're practice the every day, the habits will only last temporary. discipline and patient should be lies deep in our heart and not in our head. So when ever we're going to trade the habits will drive us automaticaly.

have good habits from the beginning of a bad start it was very difficult and sisters, we made ​​and in a difficult position because it makes our own decisions just as well own that will have the risk that
What's wrong with trying to forward a good and orderly planning is a very good

[muhammadfarooq]

in forex trading if you want to be rich fast then better to used the scalping, because its more powerful strategy to make the money fast with best trading planning and better for the beginner's of the forex trader's.

[Mark]

I will tell you all of these things only in two lines, the beginner to start trading and to become a successful trader is to build his own strategy that fit his needs and suits his style and personality and make sure to keep it simple with just one or two indicators.

An interesting opinion. Just not that easy to get it. We need a training, learning, discussion, and reflection on the characteristics of a person, before finding a trading style and other things that you mentioned.

[my-forex]

Sorry to disagree, scalping is the practice of novice traders only and experienced and experts traders believe in long term trading and they place a trade for more pips. Scalping will ruin your trading habits and confidence as well.

we do not know for sure which is actually better, scalping or long term. certainly better if it results in what we expect the profit. it can by scalping and can also by a long term

[adahidayat]

i think that if someone wants to be rich and want to make a good profit with forex trading..then he should follow some basics of forex market...first of all , he should learn forex trading well and make a plan for it....secondly, he should also always forex rules in order to learn a good profit....thirdly, he should not over trade or get greedy in forex trading, because these two things can make you suffer more losses and will always put you in trouble....he should always learn from mistakes and do not repeat it again.....

[forexdon]

friend your article is true and contain many more benefit to the forex learning but if you fully want to teach us by your articles so please precise it and again paste it in the forum by doing so we will be able to get your article in short time

[gava]

This is universal truth that practice man make perfect. If you want to get success and become a big trader in forex market I suggest you continue learning process with trading.

[naziafarhan]

I think it is the great article i ever read. I am also spending the same life as the person mentioned in this article. I am a student yet, i do not join parties , i do not go on trips , i do not spend money for android phone or iPhone , i do not spend money for a new T-shirt. But i am collecting my every penny to invest in forex. This the BEST article !!
Yes I also agree with you that This is the great article I have ever read. But It is a long story to read by looking on th emonitor. I will suggest everione to read this article with patience at least you will earn some knowledge.

[Sri Hartono]

I think it is the great article i ever read. I am also spending the same life as the person mentioned in this article. I am a student yet, i do not join parties , i do not go on trips , i do not spend money for android phone or iPhone , i do not spend money for a new T-shirt. But i am collecting my every penny to invest in forex. This the BEST article !!

any investment that we do, the most important thing is our goal to invest. investment is not always just a salable items, but also a useful science. we appreciate all the money we should be able to take the benefit, if not useful then do not be taken.

[mita]

yes in forex one needs to be patient while trading.if you want to earn good profits then he needs good trading strategy ,proper money management as well as risk management.trading without emotion is not at all an easy thing.but emotion cause you loss only

[mita]

if you wanna to be rich you must work hard to achieve it.a trader can get good trading strategy and money management through their practice and experience only.trade with confident and i think this will give you good profit

[ritesh]

Right traders can be more disciplined to learn forex practice by implementing the use of virtual capital in a demo account based on the funds and now i know that improving knowledge about forex can be a very good foundation for our future.

[babu]

Well said, it is really a good thread about the additional expenses that we have to bear as the cost of our investments, i am also planing to buy a phone but i could not decide for which i should go for.

[jmsblack18]

That is good article . That is right. If we want to get more investment return so we must parting and spend our investment first in some of knowledge like a book and seminar. For now i still parting my 25 percent of my investment to learn. Because learning in trading is long lasting knowledge.

[ishvara]

Applying the complete trading skills can make us rich. In order to do this, we traders should make sure that we form the habit of practicing forex trading till we have enough experience to control our trading results positively.

[tajdarbet]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

thank you my dear jo app ne itni achi post ham se shre ki hane main to app ko yahi kahoun ga k ager ham forex trading main esi taran se achi habits apnatey rahen to waqi he ham es main kafi profit ho ga

[johntra]

In my opinion, Trading Forex does require supporting factors, such as patience. In forex trading, the probability of success for the Beginner Trader is very small. To be successful in this business, a Trader Beginners must be patient, in terms of learning, practice, evaluation, planning, and others. Patience that would lead him to success. Beginner traders are in a hurry to be rich and successful, it will often run into bankruptcy. He/she will not make a profit, he will only get disappointment.

[toptrader43]

You require is persistence to become accomplishment, instead of receiving $1000 within a week and also loosing the following surrounding order. It is always good to delay as well as become the steady income and also build the fund for long term trading.

[newentry]

practice and practice and never think to stop learning and practicing as long as become a trader, and also try to think with clear and see the reality with compare our ability and skill then for it just forget to get the money with faster and become a richman in a night,
but if they want to learn and practice with discipline and patience as good habit then they will achieve their purpose as soon as possible they can

[marjuck]

we can be profited by forex if we show strong endurance to our trade. discipline trader are more benefited by forex. most of the newcomer losses because of their lack of endurance. we can earn more money if we patience and more careful about our trade.

[playfx]

practice and practice and never think to stop learning and practicing as long as become a trader, and also try to think with clear and see the reality with compare our ability and skill then for it just forget to get the money with faster and become a richman in a night,
but if they want to learn and practice with discipline and patience as good habit then they will achieve their purpose as soon as possible they can

once we stop learning then at the same time we also stop updating our skills, and this is bad for our future trades. good traders will always need the newest strategies inorder to keep up the changing market. if as a trader we could follow it then the profit will fade from our sight.

[johntra]

Learning is human nature. If someone has decided to stop learning, then he is dead. For Trading, we must never cease to learn. A Professional Trader course did not stop to learn, so traders should have the attitude to learn more from a Professional Trader. If he does not like studying, I believe, Trader Beginners will never be a Professional Trader.

[joget]

support from family or closest friends was the impetus for us to continue eager to achieve success. but it is up to you, because you must take the chance or even create opportunities for yourself. therefore, it takes patience and discipline to learn and train yourself to improve your trading skills.

[yaar]

have good habits from the beginning of a bad start it was very difficult and sisters, we made ​​and in a difficult position because it makes our own decisions just as well own that will have the risk that
What's wrong with trying to forward a good and orderly planning is a very good

[yaar]

yes it is very difficult to get used to controlling our bad trading habits, not all want to be rich? me too
but we need the credibility that has no missing

[netra]

Intention in trading of forex should not be because trader want to be rich, but because trader want to earn steady income from online. If trader desire to be rich from forex, then trader must have other means of income and other business. This is because trader will need to re-invest profit gained from forex back into trading. This mean that trader cannot withdraw profit often but must compound it.

[anoha]

For me I do not want to be rich from Forex. I just want to I can get a good income each month from forex does not think the richness of it now because I am new in forex and this requires patience and a great experience is not impossible but this is why his time ...

[Nabi Ahmed Gill]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

miin na kabi training ke ah or ab to mari adadat ban ge ha ro mari habit ban ge ha trading karana ke or abu to muaja obht sara maza a raaha ha tradign karna main or main na bi tak boht sara profit be gain kar layaia ha mauaj ameed ha ap be achit os successful tradign karta hoon ga or karani be chayia.

[silenteyes]

It is good to see that you have gained profit in your trading. Forex trading become so enjoyable when we start hitting the profit again and again. Now you should focus on emotion control and avoid the greed. Less consistent profit is better than high risk trading.

[kaji]

It is good to see that you have gained profit in your trading. Forex trading become so enjoyable when we start hitting the profit again and again. Now you should focus on emotion control and avoid the greed. Less consistent profit is better than high risk trading.

yes, in forex trading the first thing we should do is avoid the high risk in trading. then after that we made ​​a profit target. This is a trading method that prioritizes security ....

[silenteyes]

There is no point trying to force the market to get into a position, wait patiently until the market gives you a strong signal and you will be rewarded.
If you do business based on long-term and following the trend, you can earn large sums of money per month.

The problem with novice traders is that they don't really have the patience, so there is no point that they will be going for long term trading. Regarding making good trades, it is must that we know the right time for entry and exit from the market to maximize our chances of making positive results.

[kalponick]

It is good to see that you have gained profit in your trading. Forex trading become so enjoyable when we start hitting the profit again and again. Now you should focus on emotion control and avoid the greed. Less consistent profit is better than high risk trading.

thats true.. making loss always is one of the most horrible experience in forex.. I suffered with this nightmare for the last three years.. But now I started to make medium profits from my trading.. And really life looking good right now.. there is no such of addiction as real money in this world..

[elektra]

When you are in a trade, you want to think exactly as you would if you didn�t have a trade on. To do this requires a relaxed disposition. This is not a football game. Don�t get psyched up. Relax and try to enjoy it.

[jg6073727]

test your self on demo account. if you want trading then open a demo account 1st and then play on demo account at least for 1 month. this will gives you experience. It will help to remove your mistakes

[elektra]

I think that the beginning of the road is learning patience and understanding and the search for any new information and learning from the mistakes of others, and this is the way to becoming a successful trader

[najaf12345]

hi
i agree with you in forex patience is must and most important thing, if we want to rich with forex then its must we made a trading system that totally
base on a good strategy good money management trading without greed and emotion. if we trading in that way then we will become rich,

[aarti]

thank you my dear jo app ne itni achi post ham se shre ki hane main to app ko yahi kahoun ga k ager ham forex trading main esi taran se achi habits apnatey rahen to waqi he ham es main kafi profit ho ga

[Maham Gill]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

boss mujha lagta ha k trading main ap na boht acha or best profit earned ka ha es lyaa ap ko trading ke boht practice ke ha ap na mujaa lagta ha or ap na trading ka bara main boht achi or best jankari ke ha es laya or ap na boht achi or best post ke ha mara jasa newbie es sa kafi profit earned kar sakta han,

[warnisw]

this article is very good, now you can now why you cheap ea;s or ebooks doesn't work. forex is patience and you need put loads of effort in it, to get results and to get your money doubled. dont believe in luck, you wont be lucky all the time,but go thru every single course about forex you can,

[Rizwan]

seedhi see baat hay kay demo may keuun kay asal paisa nae hota
iss liay her koi relax ho ker trading kerta hay. jaisay hi real account
may aata hay to phir tension start ho jaati hay.

[iwan]

Thank you friends with the article that you write. at least you can add insight and our knowledge of the forex trading business further. but it all returned to ourselves, whether we can do it ..? because although there are various theories that we studied, but if we can not apply it, then it would seem futile

[otongzi]

Thank you friends with the article that you write. at least you can add insight and our knowledge of the forex trading business further. but it all returned to ourselves, whether we can do it ..? because although there are various theories that we studied, but if we can not apply it, then it would seem futile

agree...a lot of knowledge that we can get from other traders or ebook are all great and really help us in studying the forex.but to be successful there many factor other that have to support such trading psichology wich can only be learned through experience not just theory.

[nazia]

yes I agree with you and believe it that if you want to be a rich then you should be regular practice on demo account and got experience because practice is so important in forex trading which make you a perfect trader then you should be able to got some thing from trading.

[moonletter]

To rich in Forex it is not possible to overnight . If someone think it is possible to rich overnight he may be loss. It is a better way to practice trading more and more . More we trading more increase our winning probability .If we can control our emotion and greed it is better .
Yes I agree with you, all things there is the process, so if we want to be rich, it takes a relatively long process and require struggle and sacrifice. we have much to learn from the experience of self and others' experiences are used as a reference. there are rich people in a short time, but it is very rare. if we are patient and keep trying it will be achieved wealth through this forex trading.:good:

[golpo20]

Forex currency trading is actually additional towards the way we see the best facet from the tactic that any of us use to get wealthy by means of Forex currency trading, since merchants which is precisely what it's excellent we usually do not definitely dare to find chance when your being familiar with remains inadequate Forex.

[waleedkhan]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

kafi acha thread start kia hai app na aur may app say bilkul agree karta hun agar hum na aik achi trading karni hai tu humaya yah sab chezzon ka khayal rahkana parah ga

[naijafx]

Most traders also see forex as a get rich quick scheme, which mostly cause them to ignore money management just to earn quick and easy profits there by making them trade too many lots.

[julianambas]

The fastest way to get rich is forex trading. with very little capital will generate a lot of advantages.
so that it would be picking on us in a failure.
due to the above is definitely wrong
in forex also takes hard work and diligent and thorough in terms of analyzing the way open to get the best position

[abdul hamid p]

learn and learn again is the good habit to get succeed in the forex business i think. we must treat that this is long term business so that we do learn step by step to become a professional trader

[ishvara]

Finding the best trading style/system that match your personality is very vital. It's required of time and money to test it in demo then in real account for several trial...
But it's worthed...

I believe in that as well, a forex exchange trader should make sure that they actually find out the best trading strategy and trading method that would perfectly suit them as they trade forex exchange markets.

[Gurufx]

If your profit target is less than 20 points don’t do the trade; the spread you pay to enter the trade makes the odds way against you when you go for these tiny profits.
to learn forex we will not waste any time at all because we will get what we can do a trade that continues to increase knowledge and skills of our trade

[william88]

Finding the best trading style/system that match your personality is very vital. It's required of time and money to test it in demo then in real account for several trial...
But it's worthed...

agree with this,,we must learn before we jumped into real acc,,but many of trader,jumped to the real acc,,before they even try demo acc..
It needs experience to control the emotion though

[golpo20]

In the event that we all placed on a business as well as it�s no longer working make certain we all get out of correctly; don�t substance your destruction. In the event that we�re in a winning business, don�t communicate oneself out of the location because we�re bored stiff or even would like to minimize pressure; pressure is really a pure portion of exchanging; become accustomed to the item.

[hitesh]

have good habits from the beginning of a bad start it was very difficult and sisters, we made ​​and in a difficult position because it makes our own decisions just as well own that will have the risk that
What's wrong with trying to forward a good and orderly planning is a very good

[hitesh]

yes it is very difficult to get used to controlling our bad trading habits, not all want to be rich? me too
but we need the credibility that has no missing

[najaf12345]

Hi
I think good habits usually comes from commitment and self knowledge. without it even if we are practice the every day the habits will only last
temporary . discipline and patient should be lies deep in our heart and not in our head. so when ever we are going to trade the habits will drive us
automaticaly

[nazia]

yes i agree with you that if we want to rich in trading than we should always do practice on demo account and it should be our hobby because practice make a man perfect and without practice we can,t do nothing.

[md satu]

i agree with you....yes all we need is patience to get success instead of earing $1000 in tow WEEK & LOSING the next immediate order......it is always better to wait & get the steady

[md satu]

i agree with you ....in Forex patience is must important think.....if we want to rich with Forex then its must we made a trading system that totally base on a good staretegy, good money management......

[moonletter]

Yes thats very true if you want to know and understand these market it can only mean one thing, understand what yu want and how you want it, dicipline yourself and make sure that your trading does not affect what you do every day. most people usually have bad trades out of frustration and anger, learn to relax and everything will be all right.
I agree with you that the trader who has always had a big loss is the trader who can not control their anger so that it will always have a sense of revenge, in times of great loss he would not let it go and try to restore the loss on that day, so when people suffered a profit and want to always add the profit to be bigger, this could result in the loss. In forex trading one habit that is necessary habits of discipline in all things....

[william88]

Yes thats very true if you want to know and understand these market it can only mean one thing, understand what yu want and how you want it, dicipline yourself and make sure that your trading does not affect what you do every day. most people usually have bad trades out of frustration and anger, learn to relax and everything will be all right.

Understand what u want and how u want it.really means a lot..Its not easy to get what u want,without knowing how to get it..Knowing how to get it is the key to achieve what u want..
i do it with reading a lot of books and also trade in demo account,,train my money management and trading psyychology,.I think experience makes us more mature by the time..
SO keep practicing,and have patience

[zahira]

The basic knowledge in Forex trading is compulsory for any newbie. Without any basic knowledge we can not understand that what we perform and where is our goal. The basic knowledge is the most important for every newbie and also basic training is better for the start of Forex trading.

in my experience forex is not device for reach win position or profit much.perhaps more traders are disagree with me but profitable strategy is main successful for traders.tech can just little demand your type of trade on consistency in trade.

[puri]

practice and practice and never think to stop learning and practicing as long as become a trader, and also try to think with clear and see the reality with compare our ability and skill then for it just forget to get the money with faster and become a richman in a night,
but if they want to learn and practice with discipline and patience as good habit then they will achieve their purpose as soon as possible they can

[100 to 1,000]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

this is a very good post and i agree with most of what you mentioned.
it is true that those who can keep their patience and wait for their big returns will receive bigger satisfaction.
we can see this in real life and real business also.
regarding free information versus paid information such as seminars i also agree because really, not that many professional traders want to share their trading secrets for free because they spend a lot of time, money, energy, and stress to formulate their trading success. just like what we used to hear "you get what you paid for".

[shemozz]

Nice article I benefited a lot of it _ I see that Trading in Forex market requires patience and the will and continuing education so that we can achieve the goal and reach it

[riya]

As i think all we demand is patience to get success, instead of earning $1000 in one hebdomad and loosing the close close tell. It is e'er change to move and get the becalm profit and chassis the account for far constituent trading

[kalponick]

When we want to do this emotionally at that time we fail but if we control our emotions and greed than we can earn quickly with ligit target and somehow manay peoplea re earning big from this market and we also can but for that we need to choose right tools.

Quite agree with you.. That many peoples are already earning real good from this market.. and most of all they can earn every month with their strategy.. but its not like they done it only with their strategy or their tools.. but they do it with their experience and knowledge about this market.. So you need to keep study this market you that you can understand this market better than before..

[rahimlakhany]

Yar ek baat ha k bhai practice makes us perfect but than again no one is perfect so i think its better not to concentrate on one habit. If you really want to get success and become a big trader in forex market I will advice you continue learning process with trading.

[fxlover]

everyone want to be rich in his entire life. but some one reaches his destination but someone are fail to reach. to be a reach is require hard work and luck. if we have strong determination about our work then success will come in one day. by forex trading we can accomplish our desire if we properly know about the trading system.

[hello927]

This is a great article i have seen in forum. No doubt patience is the key to success and without patience it is difficult to survive in forex trading. Patience provides confidence.

[fadil]

I agree with what you say may not be rich at once with the help of forex should not be working hard to have the success it is the basis of life and patient as you always to win

[daren]

for earn more money Forex trading is a good bussiness. one can earn more money by Forex within a honest way. But for this one should practice more and more............

You are right. Forex is a business that's fun for me. Forex also gives hope of a better life. But I am aware, this is not easy. Forex trading involves a lot of people around the world. Once thought to go back to school, studying special Forex Trading. But I try first to actively follow the forum as this forum. .... it may be useful ...

[bu'd]

true and I say thank you because this is very valuable as my stock of doing business. for us it is important to not to kehilngan expectations. loss means giving up hope. melakukn spirit remains in this business.:respect:

[hello927]

This is good article and it provides guideline to the beginners. It has many aspects that must be followed by any trader even he is an experienced one. With good money managment ,better strategy and effective planning one can adjust himself in forex.

[100 to 1,000]

of course all traders want to be rich, and make lots of money from trading. Do not stop learning, because forex is a dynamic, trader should always update their knowledge and market developments. especially news

i agree with you. no matter what is the current level of our skills in forex trading we should never stop learning because maybe we will find better strategy or new development in the industry that can help us make more money.

[golpo20]

every person desire to be full of the total lifetime. but some a single actually reaches the getaway although another person are are not able to get to. to be a get to is call for work as well as chance. in the event we now have robust willpower in relation to our own work next success comes into play at some point. by simply forex trading we can easily obtain our own wish in the event many of us properly be aware of your dealing process.

[tashnotashi]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

thank you my dear wese app ne itni lambi ost likhi ha k koi bhi es ko pora nahi parrhey ga es liye app ko chiye k es ko short alfaz main likho to ye or bhi karaamad ho jaye gi hamrey liye wese to main es plan se kafi had tak satisfied houn

[waqtitrader]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

ap ne bhi kafi achi aadat ham se shar e ki ha par main app ko yahi kahoun ga k app ager profit kamana chatey ho to app ko chiye k es main na sirf or sirf experince or knowledge hasil karo ye app k liye kafi acha rahey ga baki aadat k chaker main na parro

[reazforex]

Simple sentence for being rich should be, practice and experience in forex are the main factors for being rich. Practice is very important because, if you do not practice in demo account for a long time, in real trade you will face losses. On the contrary, experience for a long time in forex trading will help you to gain from every trade you do.

[ashwini]

if u want to rich.. just practice some things.
control the emotion.. be cool. dont make order on absent mind, distrub mind.. or in ternsion or anger..
and must be follow the trend, know the news impact.. .. take quick decision.. must be make good trade with consistently.. so u must be a rich person through forex trading.

[hello927]

This is a good article and it is true that patience is very important in trading. If one wants to succeeds in forex he must apply this article's suggestiions and recommendations. Controlling emotions is also very important in trading.

[aarti]

good habits usually comes from commitment and self awareness. Without it even if we're practice the every day, the habits will only last temporary. discipline and patient should be lies deep in our heart and not in our head. So when ever we're going to trade the habits will drive us automaticaly.

[abdillahikbal]

good habits usually comes from commitment and self awareness. Without it even if we're practice the every day, the habits will only last temporary. discipline and patient should be lies deep in our heart and not in our head. So when ever we're going to trade the habits will drive us automaticaly.

well, thanks for the advice and knowledge of the habits of this sir, is when we really really sure we'll get it but if we just play around and not serious then we will experience it as something not serious in our lives and this tends to be a failure

[alhamdulillah]

for me, Training does not need to be rich or poor, but he needs someone who wants to learn and trying to not get tired and tireless attempts and stands after every occurrence on the ground
Education comes through determination and perseverance, so each of us to insist that he learn and will arrive in one day to the desired profit, that is just my opinion.

[Forex]

I think you really understand about how to use money management. from your article that I read, I conclude that to get rich in forex business will require an investment of time and knowledge to learn more about forex business.

[Abu Bakr Siddique]

this is another good article for us traders especially beginners.
Article lifted straight from Adam Khoo's website.All contents of the original article has remained unchanged.If You Want to Be Rich�Practice this One HabitWhat keeps most people from becoming rich is the habit of wanting instant gratification. Instant gratification is the habit of always wanting to enjoy now and not having the patience to wait for future benefits. As a result, these people spend a lot more than theyinvest. By spending on that new car, new widescreen television set or designer watch they get instant gratification. When it comes to investing in books, seminars, stocks or insurance products, they will think twice as they have to wait for future benefits. It is precisely for this reason that whatever money comes into their hands will soon be frittered away and not multiplied.People who want instant gratification will always look for quick and easy ways of making money rather than building a sustainable business that adds value to (repeat) customers. They tend to cut corners on quality and deliver shoddy products to save money and boost short term profits. As a result, their profits rarely last and they will soon go out of business.At the same time, those who desire instant gratification lack thepatience to allow their money to grow and compound through investing. When they don�t see huge sums of money in a few weeks, they abandon their investments and never get to reapthe benefits. They have no patience to wait for the seeds theysow to grow into huge money trees that bear fruit.You see, there are only two ways you can use your money. You can either spend it or invest it. When you spend $100, you get gratified from whatever you bought but that $100 is gone! You get zero returns. When you invest that$100 in a seminar, books or stock, it will grow into $120, $200, $500 or even $1000, depending on yourrate of return.Delayed GratificationOn the other hand, all millionairesadopt the habit of �delayed gratification.� They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed. When it comes to spending money, they are extremely frugal. However when itcomes to investing, they do not think twice about writing a check for a few thousands dollars. They know that through patience, that money will multiply into a future fortune.Millionaires never take shortcuts in business. They always look at giving the best value to their customers, even if it means earning less at present. They knowthat by building their reputation, itwill lead to huge profit streams in the future.I cannot emphasize this value enough because I feel that it is what has really set me apart from all my peers. It is why I earn manymore times than most people my age. You see, when I was in collegeand university, most of my friendsspent their holidays partying and having fun. They experienced instant gratification.Instead of partying, I would spend all my holidays taking up speaking engagements to hone my presentation skills, reading investment books, analyzing company reports and writing chapters of my first book. I knew that by �sacrificing� my immediate enjoyment, the rewards in the future would be tremendous! Sureenough by the time I graduated from University I had streams of passive income from my best-selling book and two businesses that I had set up. I was earning more money than many ofmy lecturers while many of my friends were struggling to get theirfirst job with their first paycheck.Frankly, I never felt deprived. I had so much passion for what I was doing that indulging in drinking and idle lounge-lizard chatter just seemed like a huge waste of time. Nor did I miss social companionship. I had a steady, supportive girlfriend (now my wife), and a core of close buddies in these businesses we ran (and had so much fun and profit), while still studying. In fact a couple of them are still working with me today.Let me give you another example. When it comes to spending money, I am extremely hesitant. Once I saw a mobile phone that I really liked. It was priced at $800. I kept staring at that phone over and over again but eventually walked away. I found it just too painful to part with $800 for a phone. My friends thought I was crazy as I was earning over $1,000 an hour at the time, whenever I spoke. But then again, I knew that the moment I spent that $800, it would be gone!On the other hand, whenever I go to a bookstore, I think nothing of spending $800 buying a whole series of marketing, business and investment books. In fact, I once spent $12,000 attending an NLP (Neuro-Linguistic Programming) training course in the United States, without even thinking twice.Why? Because I know that if I spend that $12,000, the ideas that I get from those books and seminars, when applied, will generate me millions and so they have! But most people do the exact opposite. They think nothing of squandering $3,000 on a ring but think twice before buying a good book for $30! No wonder they are poor! So, develop the habit of delayed gratification � andspend wisely � and you will see your money multiply.

Forex means become rich slowly,not become rich rapidly.If you want to be rich then you should follow a good money management system,because you have to existence in competition & always try to take small lot volume.

[zahed11]

SYNES jeg, det er den Artikel store nogensinde l�st har me. JEG OGSA den som det samme Bruger Liv n�vnt person i denne artikel. Jeg er studerende endnu, kan ikke JEG deltage partying, kan ikke p� advantage JEG structure, kan ikke Bruges JEG-penge eller until Android phone iPhone, kan ikke til penge JEG Bruges in ny T-shirt. Men JEG �re samle mine until i alle in investere currencies. Denne give bedste artikel!

[alhamdulillah]

actually we must practice on demo first, after a successful demo, we can begin trading on real account, I think the most difficult part is learning to control emotions, we have a lot of practice, practice makes a man perfect and practice is the only way to get experience about forex and we can avoid loss. after get experience , i hope we can make money in forex

[pepoo]

In fact, I am not to do my ambition to achieve a wealth of forex although I know that this is not impossible because there is nothing impossible in the forex market but I just want to get a good income at the end of each month from forex offers me a decent life is nothing more than that .. ...

[hemaelsisy]

this very good article every one must learn and devolope this happit to incraise money , increasing money not in enter market with high risk but it with patios

[5starsabuj]

I think that it is the most important matter of every trader and also all level of people . So I also think that only one working habit can be turn to a rich person if he practice his working regularly he can success for his work. Because if every man practice of his occupation he can gain his life. so every body should be care of his occupation.. If any body care his occupation perfectly he must be rice from his business . So every body must be follow about it.

[chirag111222]

delayed gratification � andspend wisely � and you will see your money multiply.
yeah dude u r correct dude but also sm skill and and tradin techniques should be applied in trade also consequent situationss and its effect must nt be ignored so all des thingzz should e understood
dude thnkzz for this informative post

[sabuz]

Patience is one of the most important thing for be a good trade with the patience trade not to mistake and reduce greed of money take profit what you know about trade,,,,,,,,,,,,,,,,,,,,

[golpo20]

Foreign exchange indicates come to be prosperous little by little, definitely not come to be prosperous swiftly. If you want to always be prosperous then you definitely should abide by a fantastic income administration technique, since you must lifestyle in competitors & often make an effort to acquire little whole lot level.

[100 to 1,000]

yeah... slowly but surely always win the race, i also agree with most of the people's opinion in this thread.
it is better to gain little by little than to gain big and then crash. the professional traders always advise us to trade safely and aiming for the long term profit.

[Gurufx]

Foreign exchange indicates come to be prosperous little by little, definitely not come to be prosperous swiftly. If you want to always be prosperous then you definitely should abide by a fantastic income administration technique, since you must lifestyle in competitors & often make an effort to acquire little whole lot level.
Yes that is right, since we all know that being greedy is part is part of our nature. Humans are greedy, naturally. So its effect is always seen the Forex Business. so that we should trade based on what the current situation and trend is.

[hemaelsisy]

really patience very important thing in our trading we need it to read money books about our trading and we must avoid hurry in our position that may lead us to loss our money

[ishvara]

Patience and continuous learning is the main thing that can help a forex currency exchange trader to get to the top in forex trading. As we learn forex, it simplifies in our eyes and then we start making better trading results in our trades.

[zizhost]

In truth, I will be to never carry out the aspirations to realize a wealth associated with fx though I am aware that this is simply not difficult due to the fact absolutely nothing is difficult with the forex market yet We only want to receive a very good cash flow right at the end of each and every calendar month coming from fx provides me a reliable lifestyle is usually only that.

[100 to 1,000]

Patience and continuous learning is the main thing that can help a forex currency exchange trader to get to the top in forex trading. As we learn forex, it simplifies in our eyes and then we start making better trading results in our trades.

according to expert traders simplicity is the best thing and i agree with them. if we put too much analysis we will be confused to choose which one to follow.
practice makes perfect is also one of the ways to hone our trading skills and by using a perfected trading skills we will be able to make a lot of money from this market.

[yulianto470]

this very good article every one must learn and devolope this happit to incraise money , increasing money not in enter market with high risk but it with patios
yes sir we do have to look at the moment or waited for the moment as well .. if we are too quick to take a decision to determine our
position in tranding tranding certainly we would be wrong and the price will not be in our favor if we still must make a decision sided with the price of our

[nterziev]

All comes after hard practice.If you want to start earnings good money from forex trading,you need to study and practice very hard,it's not a game it's bussines and here you risk your own money,so you need to finish practice as a perfect trader.

[hanna]

I think practice is the best way to get experience.
If You Want to Be Rich. Practice this One Habit What keeps most people from becoming rich is the habit of Forex Quote reading Forex quote reading is one of the most important skills

[ayakcalysta]

Working at home is very relaxed because we are not also stress and the environment is not busy. all we have to do is just focus on the trades in the market.
I strongly agree with your opinion sir, it is true working at home does feel very comfortable because we can still get together with your beloved family. different from when we worked with the state should be much to our family, then we would be bored with our jobs. we need to do is learn and focused on the development of the market.

[darksaimon]

in the Forex forbearance is moldiness & most important artifact. if we poverty to sumptuous with Forex then its must we prefabricated a trading system that totally cornerstone on a superb strategy, right money management..trading without greed and emotions. if we trade in that way then we faculty beautify comfortable

[susanto]

Training does not need to be rich or poor, but he needs someone who wants to learn and trying to not get tired and tireless attempts and stands after every occurrence on the ground
Education comes through determination and perseverance, so each of us to insist that he learn and will arrive in one day to the desired profit
easier and faster to give science lessons learned related to forex to people who have an unyielding commitment than people who are smart but do not have a strong determination

[taufiqbd]

Practice makes a man perfect it is true in all sector, if a trader success in forex he should practice mare and more in trading with taking low risk, it help him to gather knowledge and make continue profit. Day by day trader going to be a expert trader.

[fizmhd]

there shoulld be some discipline inorder to succed ...and setting a goal and never going beyond the goal is another good thing ...it will make us step of from the money management ...

[challenger ab]

Practice makes a man perfect it is true in all sector, if a trader success in forex he should practice mare and more in trading with taking low risk, it help him to gather knowledge and make continue profit. Day by day trader going to be a expert trader.

i think so practice make us success in Forex because you face many thing whether is problems and mistakes and you try to solve it every time and all this return on you with experience so you are now ready to face any problem to solve then you will make profit easily

[khanam liza]

Every thing have two side one is good side and other is bad side .It depends on u what i'll u select .Foerx have two side too...........
if anyone wants rich with he forex he must make a strategy and go to the plan for long-term trading.

[cfxsignals]

I agree with this statement that you making. Instant gratificantion is for pigs, and as you know pigs get slaughtered. It is turtles not hares that get the money in the end. You may make a few good days with luck, but luck changes all the time.

[talebdpmg]

Yes it is a useful article for taking advice. High ambitious always loose in the Forex market. Therefore one should try to become rich over night. Rather try to earn a little amount but continuously and sustainably.

[wavestraders]

practising cant make us to be a good trader at all , its experience that help us to achieve that because by the experience when can see which are the good and profitable signal

[liyonala1988]

Totally agree with your opinion. In anything, success is depend on how much you control your emotions. In here patience is more important to increase.

[anoha]

I do not wish that I would be wealth or richness of the forex market.
It also aspires to a lot of traders or merchants all really just not a lot ... I am all that I hope is to achieve a good income to some extent permitted the hard life of me I hope only a decent profit from the forex market $ 500 per month is not a lot of it so far ..

[computers]

kafi acha thread start kia hai app na aur may app say bilkul agree karta hun agar hum na aik achi trading karni hai tu humaya yah sab chezzon ka khayal rahkana parah ga

[galaxy]

Totally agree with your opinion. In anything, success is depend on how much you control your emotions. In here patience is more important to increase.

if you want to succeed in forex trading. we should be able to control emotions. it's the most important factor. if you can not control your emotions. regardless of your capital. you will loss. I strongly agree with your comment

[onbtavptbav]

Totally agree with your opinion. In anything, success is depend on how much you control your emotions. In here patience is more important to increase.

The succes don't depends only in the emotions !! its depends in witch trading strategy we're using...the trading stratgy the only one can help us really to generate some profit...without trading strategy we will loss certainly...

[anoha]

In fact, for me I do not want at all to become rich from Forex market and I do enriching themselves by trading him like most traders. All I want is the ability to achieve good monthly income that is a ratio of 2 to 3% of the capital every day from the market and accumulate for the last month to become a very good ratio and I do this by dragging them all what I want ..

[abdillahjasmin]

I do not wish that I would be wealth or richness of the forex market.
It also aspires to a lot of traders or merchants all really just not a lot ... I am all that I hope is to achieve a good income to some extent permitted the hard life of me I hope only a decent profit from the forex market $ 500 per month is not a lot of it so far ..

correct sir, truly a fantastic income if we truly master the forex market is certainly revenue bisni we want we can get to easily when coupled with the knowledge and strategies that we understand

[aum]

To be rich either from forex or from any other venture in life, you will need to keep abreast of any changes involved in that industry and this requires constant learning and practice. You need to keep reading materials that relate to that field that you are involved in.

[aminos]

Yes I agree with you.Its very important in forex be patience.Greed control is also a fact in forex
trading.so be patience and greed less then you must be succeed in Forex.

[merajfx]

i think its a great article for all trader to know about this.every success need some rules so if we want to be a rich man then we need to use some technical things because it works.we need to wait for a good time and we need to gain that time than it is possible.

[oktaria]

I can not but agree with you. It is obviously possible if you can trade wisely. But to trade wisely you must have to know the proper method of Forex trading and you also need a lot of practice.

[jamilktba]

To be rich either from forex or from any other venture in life, you will need to keep abreast of any changes involved in that industry and this requires constant learning and practice. You need to keep reading materials that relate to that field that you are involved in.

Its impossible really to be quicly rich from the forex markets !! this markets it can be use only like an addiotionals incomes like getting about 1-5 monthly adn if a traders want to be rich quicly and make a big profit he will loss certainly !!!

[priyanthask]

Very nice article to read. I also need to mention patience is must in the forex trading . To become a good professional in forex trading you need to develop this quality.You can develop this by experience.If you are a beginner, do more and more in demo account and after the start of real account you will continue this quality by experience.

[100 to 1,000]

Very nice article to read. I also need to mention patience is must in the forex trading . To become a good professional in forex trading you need to develop this quality.You can develop this by experience.If you are a beginner, do more and more in demo account and after the start of real account you will continue this quality by experience.

i agree with your opinion completely because without patience we will not be able to wait until we get the good
trading signal that can make us profit. also in forex everything is about waiting that is why patience is important.

[hendarto]

habit is the key to success, we can train a good habit to practice in demo account. if we are serious in learning the good habits that we will bring in a real account. but if it is not serious in learning it will be useless to learn in a demo account.

[kltbanptbnyab]

I believe that this is universals trutsh that practices man makes perfectly and If you want to get successfuly and become a bigest traders in the forex markets I suggest you continues the learning process with trading !!

[cozard007]

Men, i like this so much, it really and truly portraits the seriousness in this threader that posts it, well, i well reserved trader is better than any other kinds in the market.

[dalaxapola]

The scalping is the practices of novices traders only and experienced and the experts traders believes in the long terms the trading and they placse the trade for more pips and the scalping will ruin yours trading habits and the confidence as well !!!

[The Queen]

If trader have very big luck the he will stand some time in market with this kind of lot size, so lot size calculation is very much essential for a trader to take a trade for a pair, someone also test his luck like that with big lot size with 5 to 10 pips only not for big pips.

[mariomuhafsa]

I can say taht this article is very great really and now you can now why you cheaps ea;s or the ebooks doesn't work and the forex is patiences and you need put loads of efforts in it and to get results and to get your money doubled and don't believe in the luck, you wont be lucky all the times,but go thru every singles course about forex you can really !!

[deepak]

To be rich either from forex or from any other venture in life, you will need to keep abreast of any changes involved in that industry and this requires constant learning and practice. You need to keep reading materials that relate to that field that you are involved in.

[suresh]

Yes you are right i think if we give more time to learn about this market then we can easily get success in our trading, i think if a trader do learn perfectly and also do practice then this trader will be successful within 2 years.

[Dages0308]

i think...planning about be rich very important for emotion to our trader...because our plan with trade it is to be a rich... so we must to be hard for study and read analyst about trading.
dont be afraid to order if you get it profit.:)

[suresh]

Yes you are right i think if we give more time to learn about this market then we can easily get success in our trading, i think if a trader do learn perfectly and also do practice then this trader will be successful within 2 years.

[ahsankhan]

i agree with you in forex patience is must and most important thing if we want to rich with forex then its must we made a trading system that totally base on a good strategy....

[100 to 1,000]

i agree with you in forex patience is must and most important thing if we want to rich with forex then its must we made a trading system that totally base on a good strategy....

nothing can replace patience because this is the highest quality of emotion that a trader must have but if you are not
that patience you can still setup or use indicators that have alert (through sound or email or popup notification) so you don't have to baby sit your opened position.

[nirjon]

no doubt about this.actually practice need every where,if you want to success.in forex,if you want to be rich or want to profit,you need to work hard and be patience.

[AA2]

In forex trading all trader can not success , most beginner leave forex by lost first and second deposit . lack knowledge ,lack experience , grandness are the main reason . when a trader skill on forex then he earn profit . A successful trader can reach in a few year , that is the great opportunities of forex trade.

[skboyra]

if you want to be a rich man then forex can fulfill your desire and if you are an expert trader then you must be a rich man one day, because the probability of earning from forex is very high and you can earn so much.

[zahira]

i think...planning about be rich very important for emotion to our trader...because our plan with trade it is to be a rich... so we must to be hard for study and read analyst about trading.
dont be afraid to order if you get it profit.
I think we need join f forex forums, make friends within the forex experts in the forums which you join so you can be able to get them as your mentor.

[Gurufx]

i think...planning about be rich very important for emotion to our trader...because our plan with trade it is to be a rich... so we must to be hard for study and read analyst about trading.
dont be afraid to order if you get it profit.
You can join this trade easily and get profit and can understand Forex work easily than Forex trade is easy for beginners. on the other hand, if you do not know Forex trade and want do work you just face loss.

[persie]

Profits and losses are both a part of this trade and a trader should be ready for losses as well. Although while trading in this markets a trader should try to reduce his risks and minimize their losses. A trader needs to trade with proper money management and place stop loss and take profits to their trades and trade cautiously to enable quality trades .

[sharabela]

I like the habit that you have mentioned here. However, I do not like the first line that if you want to be rich. Basically that should have been if you want to be a good trader. A good trader always means he will make a good profit.

[goldenmember]

I think that this is silly advice now, because you do not even have to pay $30, because you can get everything for free! The internet and this forum has enough money for you to learn trading.

[antosco]

I agree with you that in order for us to be rich, we must exercise patience and make sure that we practice regularly so that we can be able to find a working strategy and skill that is profitable. If we are patient, we won't be discouraged to stop trading forex.

---------- Post added at 10:48 PM ---------- Previous post was at 10:40 PM ----------


wonderful article,
i think patience is a great quality which is seen in successful people not only in forex but any other field.............

I also agree with you, patience is one great quality that is required by every forex trader in other for them to succeed. A trader must exercise enough patience to practice constantly on demo account so that he can gain the necessary skills that is required for success.

[SAMIYA NOOR NOVA]

I'm confused how this article will help us with our trades? We know that forex is not a place to get rich overnight. We need to work hard to achieve our success here. And we need to control greed and fear both to avoid mistakes which will lead us destruction of our accounts.

[Md jahidul islam]

How can income from the Forex market?
Always paribaratanasila currency of the country. You will see that sometimes, in contrast to the dollar so strong, and sometimes money to strengthen the dollar against hacce. Such is the world's most currencies biparitei. So, if you are buying dollars, the price of the dollar against the euro and dollar sales to the euro, you can purchase. However, if the strong euro against the dollar, euro dollar sales, the more you can get.

[noor]

the way to success is not easy , it need hard work and patient
also it need learn our selves by our selves not depend on others and we should control our emotion as we should not be fear or greed
this article is so important thanks

[Gurufx]

No doubt the article is good to read but not in practice. It is some what like a story worth listening. The truth is, in honest way it is very difficult to become reach now a days.Only by taking shelter of unfair means a man can be rich easily and that is what going on. Your advice is only applicable for those who are already in half-rich condition. Any way thank you for your effort of writing this article.
Its hard to estimate that how much time it will take to become a good trader in forex, i spend more than 9 months in trading but still i am not a good trader.

[mimunaislam]

Your article is true and contain many more benefit to the forex learning but if you fully want to teach us by your articles so please precise it and again paste it in the forum by doing so we will be able to get your article in short time.

[shubho51]

Good article. It will help all the beginners. I think practice is the thing that make us successful in every field in life not only in forex but also all fields.

[persie]

I wants to clear that some time we loose on our mistakes. Wrong currency leads you to loose a great investment so be careful while choosing the pair and try to watch the market and then invest in it.

[aun]

Forex mein kamyab hony ke liye jitni practice ki jaye trading achi hoti hai. Ham market se update rehty hain aur different situations ko handle karnay ke tareekay bhi seekh jat hain.apni mistakes aur victories ko bhi achi tarha jan jaty hain.

[andhwrey]

The article is very important for us .After all i am a student. So i need some extra ,money .So it is very important for me.
learning from this topic source isnt makes we succeed instantly,you must to learn and practice consistently to apply that,changes are not become
quickly and change your mind,but it must to be practiced with diciplines before we can get good result agains it.

[kalponick]

I am just practicing one habit.. reading at least 1 Thousands e-books about forex within 2013.. you can say that Its one of my goal.. same strategy used by one of my friend.. and now he is a super duper profitable trader.. because in these days at least I learn one thing.. that without learning about this market nothing will help me in my trading..

[cfxsignals]

I think that you are right. Instant gratification is basically greed. You can stop greed affecting you by sticking to a plan and being patient. I think that getting rich is a slow process, and millionaires are not made overnight.

[sammy]

well it is a great tactics to sell the authors seminer tickets or books by this. yes you need to be patient to make money, but that doesnt mean that you spend 1200$ on a seminar if you have 1500$, and then open account with the rest 300$.

[wending]

I quite agree with your thread here.If we wish to be rich in forex,I think the best choice for us is to try our best to practice .Practice make perfect.practice helps us gain more trading skills,experience,even the ability control our meotions.You see,we can get much from the practice.

[challenger ab]

Yea practice could help a lot in forex trading, in testing some methods, strategies, etc., and in developing our own ideas, improving our own skills, etc., no one would say forex would definitely make us rich, but no one would say that forex wouldn't make us rich, it all depends on ourselves, our own effort and achievement.


yes we cannot success without practice because more practice give us more experience and in the end you will find way to under stand the market and increase your earning .so practice very important to us be we need more patient and not boring to reach to high level

[abbey ak]

alright thanks very much fr you time taken to analysis the best way to earn profit in the forex investment and i just can't wait to practice this and i just hope this can go in my direction and i know this will go a very long way in the forum for the newbies and i will get back to you with the feedback of this strategy in my demo account

[roopesh11]

Agar hum is forex trading se rice banna cahate hain to hame bohot hi hard work karna padega. Aur hame pora seriously kaam karna padega bina time waste kiye. Aur humko isme bohot hi patience dikhana padega kyunki patience bohot jaruri hai.

[abbey ak]

alright thanks very much for your time taken to analysis the best way to get rich with forex investment, and i will also like to add more to this analysis that in other to always be at the positive side of the trade we really need to avoid over trading and greed should be out of the trading based on my understanding

[sweetrevenge88]

They have the patience to wait for greater abundance in the future. Whether in business or in investments, you must delay gratification in order tocreate massive wealth.People with delayed gratification invest a lot more than they spend. Again, they know that by spending a dollar, they may feel good for aninstant, but their future wealth willbe destroyed.

That is the one beauty about forex trading,here in this market you don't need to invest millions or even thousands from your own pocket just to become profitable in forex. You can start with small capital here thus minimizing the risk already. That is reason enough for traders to not trade aggressively instead be satisfied for small profits at first and later increase their lot size if they are good traders already.

[challenger ab]

That is the one beauty about forex trading,here in this market you don't need to invest millions or even thousands from your own pocket just to become profitable in forex. You can start with small capital here thus minimizing the risk already. That is reason enough for traders to not trade aggressively instead be satisfied for small profits at first and later increase their lot size if they are good traders already.



actually yes forex give us good opportunity to turn small money to big and to earn from small capital and try to trade step by step to earn gradually from small profit to big profit.but we need to be smart and not greed to reach to our target with big loss or call margin

[sairin]

wonderful article,
i think patience is a great quality which is seen in successful people not only in forex but any other field.............:yahoo:

True, discipline and patience is very important not only in forex trading but in any business is important because without those two things are difficult I think we can achieve success in forex trading due to become a successful trader in need patience and discipline

[Joseph Andrews]

Very long article, but rich with important information regarding maximizing wealth. I'm not sure about some of the elements discussed here, but i think it will help us surely in the long run. I don't wanna ignore any of them for achieving my desired success with forex trading.

[saiful]

Yes I want to Rich. I want to rich in gain Forex market. I am sure that a period of time it is practice that and learn Forex Education. I hope that I rich in Forex market.

[abbey ak]

alright i think i am very much okay trading this strategy right now and i think this is one of the most profitable forex trading strategy i have ever come across right now, but i just need more confirmation in other for me to be very sure that i can investment money into this strategy and in case i need more information i shall get aback to you

[akshay1728]

if you want to be rich then you have to keep patience and you have to keep hardworking in your trading but keep in mind that never losse hope try and try until you dont get success