By Adrienne Toghraie, Trader’s Coach
For traders, there is an entire course in “getting it right” to be gleaned from a shortlist of old sayings.
By now, just about everyone in the Western World knows this first one: When you do what you’ve always done, you get what you’ve always gotten. The longer you live, the more you realize that there is tremendous wisdom in this adage. In fact, I have heard variations on this theme from many different cultures. So, it looks like most of us know that you will continue to see the same results when you keep doing the same thing.
However, especially for traders, there is also a great problem in putting this advice into action!
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The foreign exchange market, on a global level, does just that, rooting out profits on the fraction of a dollar that exists in currency exchange. When you thought there were already countless crackpot ways at turning a profit, more seem to sprout up out of no where! This world operates more metaphorically than not, so why shouldn't the hands of most countries be placed stiffly in this metaphorical cookie jar. The real truth to the matter is that why such hands lie there in anticipation of a cookie to appear, it often does with more chocolate chips than were speculated upon reaching forth. The foreign exchange market accounts for trillions of dollars in the way of such magical chocolate chips. So, what do all top Forex traders have in common?
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