Forex Trading is not lottery,
it is Business!!!
Many people depend on luck and they compare forex market as game or lottery. I want to say them, it is a business and it is not lottery. Forex means foreign exchange. Every trader making money here by exchanging one currency by another currency. The value of currency increase or decrease on depend of economic status of the related country and it is not depend on luck.
There is need for systematic planning and developing a continuous winning strategy. Consistency and discipline will make one to emerge a winner any time. For newbies, it is difficult to see the need for consistency and discipline. But at the end it pays to exhibit these.
Professional traders all treat their trading the same way. They understand they are not trading for the love of it or for the fun of it and whilst they may enjoy trading and they may love what they do, it is not reason they enter into trades. The sole reason professional traders make any trade is to; make money. That’s it. There is no other reason. A professional trader does not enter a trade unless they think it is has a high probability chance of making them money.
Traders who think Forex trading is like lottery they take Forex business as a gambling platform. This is why they can not make profits in Forex. it would be always better for every traders who take Forex as a solid business. I
Professional traders see all their trades this way and they view their whole trading method with a very systematic approach. Just like any real life business must make a profit at the end of the month and year to be successful, it is no different than trading and this is how successful traders must approach their trading.