The Online Forex Trading International Community

The online forex trading international community is active at all times, through quality forums and free ebooks in the best forex sites. The online forex trading international community, as a whole, is all about helping traders. So that new traders learn from veterans. And everybody can actually learn something valuable from someone else. Even veteran traders can learn a thing or two from the younger generation, especially when it comes to new radical ideas. So information flows in all directions, because all traders come up with new ideas. The new trader may make too many mistakes, and not have a profitable trading system. But their idea might still be an innovative one. That idea in the hands of a veteran trader may be significantly enhanced. No forex trading strategy is ever useless or bad, each one of them has something unique to offer, even if it is mere food for thought. The community brings traders together, in a unique way. Because feedback is impartial, and new traders are told the truth about the risk in the market. And how difficult it is to make it. Naive ideas such as trading online made easy are quickly abandoned. In favor of realistic but still optimistic ones.

The Online Forex Trading International Community Tells it Straight

Unlike software vendors and marketers. Online forex trading international community members are honest. If trading is not for you, they will tell you so to your face. And will even hurt your feelings if necessary. But that’s what telling the truth is all about, is not about acting nice. Because the forex market is a tough place to be, and the trading battle takes no prisoners. Delusional new traders who always act on their own, think they are the best in the world. And so they choose to avoid contact with other traders and see what their opinion is. Delusional traders may have been told they are good and clever, by some paid forex mentor or course instructor. And this boosts their ego. But the markets help bring them back in touch with reality, in no time. Delusional and overconfident traders are crashed by the market, and so is their pride. Because the markets are not forgiving, especially to proud people. Social traders on the other hand, may be very secretive about their system, but are still open to criticism. There is no reason to reject the advice of other traders. No good forex trading strategy was ever developed without taking into account harsh criticism.

Pride is for Idiots

Traders who are serious about learning and understanding the forex market, are open to tips and attacks on their personality. Because that’s what the market itself will always do. It will try and intimidate the trader to a crashing point. Proud traders are not thinking straight and believe that they have found a system that no one else has. They believe that they can predict this or that move, or handle day trading forex live. And the delusion is fueled by random short term success, which makes trading even more dangerous. 1000s of forex accounts would have avoided getting blown. Should the traders of these accounts have followed some advice. A wise veteran trader can detect a trading account which is about to be blown, by looking at past trades versus the charts.