However it is important that a would be successful trader develops the "skills" in order to trade effectively. there are several important qualities of the mind that every trader must build into his/her life. Most people are into Forex Trading just to make fast money without learning how to manage their trading. And the most important factor is knowing the guiding principle. They only anxious to making big money without regards to the size of their account. They only bear in mind how much money they can afford to loss in any given trade, before they will finally HIT the market. These set of individuals, I call the day-dreamers.
Therefore FOREX is about discipline, experience, courage and money management. After knowing the ropes,
