Right expectations

Before jumping into the forex world, you need to set up right expections in your mind. Not lying to yourself is just as important as trading well. Even if you trade well, you may end up losing everything.

Forex market can offer you a lot and because of it, traders tend to expect more than they should. The most of the time the market is unpredictable making illogical movements and doing the opposite of the news. The trader has to know that the exact time for entering a trade is a impossible to be catched.

A trader must learn patience and to have less expectations and think more about a trader who has a lot to study than the money he has to earn. Traders, who think only about the money, leave the market very soon.