What most traders want most but what most trader's need most!

It is really a very fascinating issue. If you ask a trader what he wants most to be a successful trader he will tell you that he wants a good trading strategy. He will tell that if he had a proper trading strategy then he could make a fortune.

Ask yourself this question: Two people with the same trading strategy, same amount in their trading accounts, both buy a currency at the exact same time. A few days later, the one trader has doubled his money and the other has blown up his account. What happened?

From experience, I can tell you what a trader needs the most is a proper trading mindset. The habits of a trader, those instinctive behavioral responses are responsible for more account blow ups than any thing else. We can blame the broker, blame the market, blame the amount of trading capital as not being enough, blame the platform but we should blame ourselves. I don't mean be hard on yourself but definitely know your own personality and learn to fit a trading system that gels with your own make up. You will be much more successful, if you do!