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Trading in the Forex markets can be an incredibly rewarding endeavor. Not only is their room for financial gain, but the academic challenge of conquering the FX markets is one that many people find irresistible.

However, wanting to trade and actually becoming a good FX trader are two very different things. Many Forex traders start with the right intentions. However, they quickly fall by the way-side as they allow bad habits and practices to shape their trading.

So, what are some of the key differences between successful and unsuccessful Forex traders? And what are the qualities of a good trader?

Dedication

As with all things in life, success in trading can only come as a result of dedication. Many new FX traders have dreams of making millions from trading in a very short space of time.

As any professional trader will tell you, however, the road to trading success is a long and arduous one.

Becoming a great trader requires a significant time investment above all else. Time to learn abo...


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