5. Mental Trader-Part I

Forex is challenging business due to its nature and the Ocean of wealth in it.
It has 3 trillion USD values.When we are embarking into this business,the most
vital things to do is to prepared ourself mentally to be succesful trader.
More important than the system and any technical analysis itself.
Here is how to manage ourself during any circumstances:

1.PATIENT-
          Just be patient to wait for best signal before entering trade.
          If there is no clear signal and no ideas  where to put stoploss
          and take profit,don't do it.If you just jump in and gamble unnecessarily,
          the market will punish  you.Just,wait and wait until you have the signal
          with an edge to get profit.

2.DISCIPLINE-
         Discipline to hold winning position and to left the market by itself
         if we already miss the move.Don't be thrill seeker and jump in too late
         just to see it reverse direction after that.Please don't miss your
         stoploss every time and think of it before enter position.

3.GREEDY-
        Don't be greedy and try to be rich as quickly as possible.
        Forex is business as usual and not 'get rich quick scheme'.
        If we try to make trillion out of small capital,
        this is impossible and this is GREEDY.
        When there is profit in our favour,please take it at some level before
        it left you empty handed.Remember, the market is always flow and we are
        here to tap it bit by bit.GREEDY people will be punish,because they are
        actually overtrade the account.

That are some of it.I'll share some more about this later.