Is it to become filthy rich? Is it for the thrill?
Is it because you want to do something challenging and exciting?
Is it because the girl you like trades currencies and you want to impress her?
It is important to know what your true motivation is, or whether you should even be trading at all.
Forex traders who aren’t serious or committed to the craft will be quickly eliminated by the market.
For example, seeking thrills and seeking consistent profits don’t go together.
You might enjoy the thrill of putting on a humungous “I’m betting the farm” position, but believe us, you won’t be smiling once your trade blows up in your face.
If thrills are what you seek, go to a casino, jump out of a plane or try driving an F1 racing car.
Better yet, if you want a real thrill, drive an F1 racing car out of a plane and land in a casino.
Now that’s a real thrill! And you might even lose less money than if you were trading.