For aspiring traders looking to make quick windfalls, the Foreign Exchange Market (forex) can seem like an irresistible money-making machine. But without practice, dedication and, above all else, discipline, forex trading can quickly prove to be a very costly mistake. Just like the tightrope, no new forex traders should step on to the stage unprepared, lest unreasonable expectations or simple greed should cause you to lose your balance. As the adage goes, whoever fails to prepare only succeeds in preparing to fail. For invaluable advice on how to act like a successful trader, be sure to check out the infographic below.
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