Forex winners

Forex winners and losers

Different people trade on the exchange, some do it to relax, others see it as their livelihood. However, two types can be identified among people who try to make money: losers and winners. The former lose all the money they put into the system, while the latter try to multiply their assets and do it successfully. However, determining where the mistakes of one and the happy formulas of the other lie. Rather, one should simply make an observation of the actions of losers and winners. And identify the qualities of both individuals and sales workers. And such observations have been made, and the results have been very striking to the researchers. The fact is that in addition to the differences, similarities between people were found. These similarities are that both types of people live the game of the stock market and are great fans of their business. All these people are extreme by life, who cannot live without adrenaline. At the same time they do not have a lot of friends, as it was found out in the studies that men and women do not have a lot of friends of their own sex. It can be noted that traders absorbed in their work do not want to actively socialise.

What is the forex market

Still, there are traits that are unique to losers. First of all, such people have the idea of turning money into millions in a matter of days. For them, trading is just a quick way to get rich. It was also noted that such type of traders bet at random, guided by their inner voice rather than statistical data. And the main reason is lack of faith in what they do. That is, they are not sure that they can make a living and get a stable income this way.

As for the winners, they are quite curious people. They try to search for information everywhere, look for topics that interest them. They are always guided by “cold” statistics, they do not follow gusts of the inner voice. Also, they always keep in mind the biggest defeat they want to avoid, and therefore constantly improve their trading system. Also, winners are fully committed to work, and try to work in one direction completely, exploring the market in one – profitable for them direction. And most importantly, they believe in the correctness of their actions and that in the future it will bring them permanent earnings.