There are thousands of successful Forex traders in the world. But for every person that learns to be profitable with their Forex trading, there are hundreds of individuals who lose investing in the foreign currency exchange market. Too often people focus on the traders that blow their accounts and end up losing all of their money, instead of studying the success stories.
Granted, this happens quite often; in fact, it happens way too often. But very rarely does the Forex itself cause failure. It is just that successful Forex traders know and practice positive trading habits that other traders do not.
I once knew an extremely successful trader who went from knowing nothing about the currency markets to making thousands of dollars a month in about 6 months. Literally, within one year, this guy quit his house construction business (this was before the real estate bust) because he was making too much money in the Forex not to.


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