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Old 12-20-2006, 07:28 PM
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honeb honeb is offline
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Join Date: Dec 2006
Posts: 99
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welcome to the forum!!!
everything you said was right on and every trader should ask him/herself these questions. once you finish reading all the lessons the learning stage is still only beginning. what really gives you alot of power ,when it comes to trading, is experience. you learn through watching others make stupid mistakes, you learn through what the successful traders are doing and you also learn from your own good and bad decisions. most people who consider getting into to trading tend to only focus on one thing. the money, the money, the money... they dont see that it takes time and effort. when you go to these seminars the instuctors only show you the largest movements and the greatest potential to make alot of money. they dont show you what it most common or what is most likely to happen to new trader. if people really knew the truth about what it takes to be a good investor they proably would think that they are better off just continue their regular job and put money aside for their retirement. most people are not suited to be traders. they would be better off putting their money in the hands of professionals or going with less risky investment options.

reading babypips lessons, following the blogs and participating in the forum wont automatically make you a better trader but you are definately on the right path to becoming one if you are here instead of jumping to the chance to open an account right away and trading with only the baby pip lessons under your belt.

Last edited by honeb; 12-21-2006 at 03:47 AM.
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