A mature advise to beginners

You may have found that most of the new traders in fx market seems to have luckiness with them. Their first deals always bring them good profits. This luckiness, however, disappears after a short period of time. Some of they start to lose money, or even leave the market finally.

What is the reason for the so called "beginner's luck"? Why it is not long-lasting? How to gain real luckiness in fx market?

Since this is the investment world, you have to invest too. Buy trading books; allocate time to browse forex sites that offer training. Read, read, and read. Then look for a mentor that you know who has knowledge on the game, learn from him, from his ways. Open a free demo account on forex companies to have a feel of the market. Ive found e-book named Forex Trading Machine on forexboost.com it provides free training on forex trading.

I guess the 'luckiness' disappears as greed rises without a corresponding rise in insight & efficiency.

Regards,
Kalyan.

To gain real luckiness in fx market - Become a broker


CV

Hi

Being a live trader for years just a few pennies. 1. Find a strategy that work for you. 2. Stick to your strategy. 3. Patience, dont look for a trade. 4. You are not going to become rich over night.

Enjoy your trading,

PS Head and shoulders / crowns / lo-hi are usefull info