WELCOME TO EJITECHBIZ!!!: One Thing Needful in Trading Forex:
One Thing Needful in Trading Forex
Grab your lost pips by trying this.
Best of luck!
Tuesday, 3 March 2015
One Thing Needful in Trading Forex
One Thing
Needful in Trading Forex
One of the
most practiced E-business in the world today is trading forex. It has always
been one of the multi-billion global business ever practiced daily. Have you
ever wondered why some investors make waves while others don’t?
It is true
that a lot of things are needed to be put in place, before entering into forex.
But you need to know that which is needful in trading forex. It is nothing but
the wisdom of trading.
This wisdom
is a master key, which can make you access any level of progress you desire to
attain in trading. It modifies your reasoning and helps you identify
opportunities in the market world.
Why do we
fail as an investor or a trader? Why do we find it hard to make cool pips in
forex? Who am I not to make it in forex? Why am I so dependent before placing
an order? All this are some of the major problems facing some (both new and old
traders) of us today.
Most of the
traders today fail because they lack these following;
- · The Talent of trading.
- · The patience in trading.
- · The real equipment of trading.
- · They are mindless of the market surrounding.
Hey, don’t feel
bad if you fall in any of this category. You can really make it big in forex. Just
try to make some amendment on yourself and apply wisdom in any moves you make
in trading forex.
It will
really make you mindful of your trading environment; it will boost your
reasoning level and will finally enable you to identify trading opportunities. You
can also get more tips on becoming a successful trader, such as Top 4 Things
Successful Trader Do at Investopedia.
Here are
examples of 5 most successful forex traders in the world today that cannot
trade Fx without applying the principle of “wisdom”.
- 1. Bill Lipschutz.
Bill was born in New York; he enjoys reading whatever he could find regarding
to Forex and stock markets.
He invested $12,000 in stock and he turned it into $250,000 in only a few
months. However, he lost all his money on stock due to the erratic nature of
the business.
After the lost, he moved to a more stable form of trading; The Forex.
Today, Bill is a well known Forex trader in the financial sector. He is
known to have made over $300 million in a single year; from trading alone.
- 2. George Soros.
George is a graduate of one of the known economics schools in London.
He has broken records in the financial sector. He made $1 billion in just
a single day transaction.
This uncommon breakthrough gave him fame and was branded as a man who “broke
the bank of England”.
- 3. John R.Taylor.Jr
John is a graduate of Princeton University. He began to unveil his forex
talent as an analyst for the bank which proved a mega opportunity for him to
build a network in the foreign exchange world.
- 4. Stanley Druckenmillers.
Stanley is a graduate of Bowdoin College. He also began as an oil analyst
for the Pittsburgh National bank.
He also worked for George Soros in 1988. He also contributed to the deal
which earned both him and Soros over $1 billion, the deal was known as “Broke
the bank of England”.
- 5. Andrew Krieger.
Andrew is a graduate of one of the most prestigious university in Pennsylvania.
He was mightily known when he sold New Zealand currency called Kiwi, in
between the value of $600 million to about $1 billion.
He made over $300 million from this transaction.
“Learn everything you can, anytime you can, from anyone you can – there will
always come a time when you will be grateful you did.” Sarah Cardwell.
However, I believe you can make it large in Forex trading, if you are
willing and determined to do it right. Keep applying wisdom in every activity you carry out in Fx Trading.
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