In forex trading many traders think because they are clever or smart, that they have more chance of winning, but the EXACT opposite is true. There are many clever traders, yet they lose because being clever and making money are NOT compatible.
In many jobs the more hours you put in the more you get out, but the normal work ethic simply does not apply in forex trading – you get your reward from being right about market price and not the effort you have put in to generate your trading signals.
They feel they have a right or deserve profits, because they are cleverer than others.
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