Many traders believe that the success of each is a natural talent. Some of them believe that the level of their intelligence is not very high and temperament and innate talent lacking. The reality is quite different. What does great great trader? The answer is quite different from the "natural talent" Here are some of the main reasons:
1) Training and education - Most successful people (not only traders) do not stop train. Each has a mentor. Take argued. Each coach has not stopped practicing until you achieve the desired results. If you work with a mentor that will inevitably help you improve fundamental and practical skills.
2) Support - Some people Trading is a lonely business, but can trade all day alone is extremely difficult. Moral and physical support are the things without which you can not succeed. Family and friends are those who we can rely on and who bring peace in our lives.
3) Experience - The most important thing to be a good trader is practice. History shows that those who invest much of their time trading and monitoring of market upheavals have much greater success rate than those with less practice and monitoring the market.
Following the reasoning we can conclude to become good traders we need "1% talent and 99% work"
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.