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

[mangkarni]

The main thought is always about patience guys, like the article says, especially in the forex trading domain. One thing is for sure, you won't get rich in one or even 50 tradings. If you think you'll be earning all the time (even if you master forex),then think again. A good trader is the one that his successful tradings overcome his losses, then we can speak of making profits. So, yeah, patience comes first in forex.

[megawati]

The 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 yours trading skills !! I think what we learn from demo and www.********.com are enough for us to make profit from trade.we can use their strategies in trade and can make profit from trade huge.we know that we can be rich from forex easily when we will trade in forex attentively.

[tatang]

Each and every one have expectation of become rich and collect fast money. So we need to do some regular practice with demo account. Because demo account is the best place of brush up our knowledge. Except this we also try to use some micro invest to perform our practice session. If should helps us to increase our profit margin. Incredible! Knowledge is a huge investment. In my opinion, you do not delay gratification. But the pleasure was doubled to allow larger and can be enjoyed in a longer time. I will follow what you do.

[guru000]

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

[syukirman]

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 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

[dadang bayem]

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. 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$, and then open account with the rest 300$.

[sepuluh]

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 . 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.

[hammad101]

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.

[hammad101]

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

[tresemey]

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 !! 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.