The truth about Forex
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    The truth about Forex

    It’s time someone told it to you straight. You've been bamboozled
    for too long. “There are no new fundamentals. Truth is not new; it’s old. You've got to be a little suspicious of the guy who says, ‘Come over here, I want to show you my manufactured antiques!’ No, you can’t manufacture antiques.”There is no magic bullet, secret formula, or quick fix. You don’t make $200,000 a year spending two hours a day on the Internet, lose 30 pounds in a week, rub 20 years off your face with a cream, fix your love life with a pill, or find lasting success with any other scheme that is too good to be true. It would be great if you could buy your success, fame, self-esteem, good relationships, and health and well-being in a nicely clam-shelled package at the local Walmart. But, that’s not how it works.

    We are constantly bombarded with increasingly sensational claims to get rich, get fit, get younger, get sexier…all overnight with little effort for only three easy payments of $39.95. These repetitive marketing messages have distorted our sense of what it really takes to succeed. We've lost sight of the simple but profound fundamentals of what it takes to be successful.

    You already know all that you need to succeed. You don’t need to learn anything more. If all we needed was more information, everyone with an Internet connection would live in a mansion, have abs of steel, and be blissfully happy. New or more information is not what you need—a new plan of action is. It’s time to create new behaviors and habits that are oriented away from sabotage and toward success. It’s that simple.

    It doesn't matter how smart you are or aren't, you need to make up in hard work what you lack in experience, skill, intelligence, or innate ability. If your
    competitor is smarter, more talented, or experienced, you just need to work three or four times as hard. You can still beat them. No matter what the challenge, he taught me to make up in hard work for wherever I might be disadvantaged. Miss free throws at the game? Do one thousand free throws every day for a month. Not good at dribbling with your left hand? Tie your right hand behind your back and dribble three hours a day. Behind in your math? Hunker down, hire a tutor, and work like hell all summer until you get it. No excuses. If you aren't good at something, work
    harder, work smarter.

    As a society, we have been deceived. We've been hypnotized by
    commercial marketing, which convinces you of problems you don’t have and sells you on the idea of instant-fixes to “cure” them. We've been socialized to believe in the fairy-tale endings found in movies and novels. We've lost sight of the good, old-fashioned value of hard and consistent work. What they don’t realize is that these small, seemingly insignificant steps completed consistently over time will create a radical difference.

    Small, Smart Choices + Consistency + Time = RADICAL DIFFERENCE

    The Magic Penny Example

    If you were given a choice between taking $3 million in cash this very instant and a single penny that doubles in value every day for 31 days, which would you choose? If you've heard this before, you know the penny gambit is the choice you should make—you know it’s the course that will lead to greater wealth. Yet why is it so hard to believe choosing the penny will result in more money in the end? Because it takes so much longer to see the payoff. Let’s take a closer look.

    Let’s say you take the cold, hard cash and your friend goes the penny route. On Day Five, your friend has sixteen cents. You, however, have $3 million. On Day Ten, it’s $5.12 versus your big bucks. How do you think your friend is feeling about her decision? You’re spending your millions, enjoying the heck out of it, and loving your choice. After 20 full days, with only 11 days left, Penny Lane has only $5,243. How is she feeling about herself at this point? For all her sacrifice and positive behavior, she has barely more than $5,000. You, however, have $3 million. Then the invisible magic of Compounding starts to become visible. The same small mathematical growth improvement each day makes the compounded penny worth $10,737,418.24 on Day Thirty-one, more than three times your $3 million.

    In this example we see why consistency over time is so important. On Day Twenty-nine, you've got your $3 million; Penny Lane has around $2.7 million. It isn't until Day Thirty of this 31-day race that she pulls ahead, with $5.3 million. And it isn't until the very last day of this month long ultra-marathon that your friend blows you out of the water; she ends up with
    $10,737,418.24 to your $3 million. Very few things are as impressive as the “magic” of compounding pennies. Amazingly, this “force” is equally powerful in every area of your life.

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    The sum up of all the long explanation above is about PATIENCE + PLANNING. You do not think you can have it all within a confide period of time in the market, but you can achieve a success in the market over the large duration of time that you are doing the right things, and at that tie, the $200,000 that was used as an example will be gotten with ease.

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    The moral of the story is that never give up confidence, keep up the hard work with respect for the market and be patient for what is being implemented by you never be in hurry to finish it off, the more restless you would become the more you would be prone towards losing your own trade even it is making good benefit to you in the same period. Plan everything that you would do and see your history because as we all know everything is caught from the history.

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    It is very possible to earn huge profit from this trade- this really a great concern among all the traders. But it is also true that forex success is not so easy that we can achieve in a day. Our trading skill ad knowledge is very much needed to make the dream into true. Forex is very authentic business and we can rely on it.

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    forex is also not a easy business , in forex we have to do some hard work some time also.
    .It doesn't matter how much smart you are or are not.you need to make hard work what you lack in experience, skill, intelligence, or innate ability.true that forex success is not so easy that we can achieve in a day.

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    It is no doubt that the forex trading is very hard business and we do efforts if we want to make the money with the forex trading but the keep in mind that if we continue practice of the trading and have the basic knowledge of the trading then we can do the forex trading and earn the money.

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    Quote Originally Posted by fazi417 View Post
    It is no doubt that the forex trading is very hard business and we do efforts if we want to make the money with the forex trading but the keep in mind that if we continue practice of the trading and have the basic knowledge of the trading then we can do the forex trading and earn the money.
    The main truths of the forex business are not told among traders, this is why the above comments are very rare in the forex market, and if the traders are making references to doing it, it will be better for them. Forex traders need to take the trading serious, and admits it is the best. They should have their own trading ideology, and prove it to be true with good trading systems.

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    hello dear in my opinion we do not need to describe it because forex trading business is a really good business and it is a world wide business and every body know abut it very well and it give us huge profit it is a really good work.

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    In my opinion it will be better if we will forget about any kind of bigger profit try to make less money it will not give you any high loss and you will able to manage your capital also nicely in this trading system i lost a lot of money by doing wrong money management but now i am learning slowly slowly from my mistakes

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    It is very possible to earn huge profits from this trade that's really a big concern among all the merchants. But it is also true that the success of Forex is not easy so we can achieve in one day. There is a need to have knowledge of the trading announcement skill very much to make the dream a reality. Forex is working very authentic and we can rely upon.

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