Are You a Forex Trader or a Gambler?

You might be treating the forex market like your own personal casino right now and not even know it.

In fact, if you are like many people trading the forex market, you are probably more of a gambler than a trader.

Traders who fail at making money consistently in the market have a gamblers mindset; they do not have the professional mindset and habits that consistently profitable traders have.

How do you know if you are approaching the market like it is a casino or like it is a business?

This article will answer this question for you and it will give you some insight into how professional traders think and act, it will also discuss how price action trading can foster a professional trading mindset.

• Are YOU a forex gambler?

There are basically two types of people trading the forex market at any given time; people who are gambling with their money, and professional traders who treat forex trading like a business.

As you probably could guess, the gambling traders are the ones who lose money; the professional traders are the ones who make money.

Continue reading at the original source →