Any story about a successful forex trader must include consistent profits. We can all agree that most traders use profits to benchmark the success of another. However, success in any endeavor is about more than just money. It’s also about the joy and passion it adds to your life. Many traders dream of becoming independent and profitable traders, but few of them succeed. Some traders like the thrill of trading, but in reality, trading is much more than gambling.

Forex trading is accessible, exciting, and educational and offers traders lots of opportunities. Despite all this, many traders fail to achieve good results in this market. Successful traders often have a set of unique characteristics or traits that set them apart from the crowd. There are a number of characteristics that help a forex trader to be successful. These characteristics may include discipline, passion, focus, determination, confidence, and commitment.

Get rich schemes flood the internet via ads, emails, and product placements. Forex is an often misused vehicle for such ploys as it offers traders highly leveraged instruments. Ads will show unrealistic expectations where traders can win big and earn a hot sports car by simply winning just one big trade. This is gambling, not trading. Learning how to be a successful forex trader in forex is unfortunately not that simple. It requires practice, active learning, persistence, patience, and mentoring.

Trading the forex market can be exciting, adventurous, and financially rewarding. It can also be disastrous for those who are unprepared for its rhythms and movements. Thanks to the Internet, tens of thousands of individual traders and investors all over the world are discovering the excitement and challenges of online trading in the forex market.

“I love my career and am always learning more about trading. I felt my passion for the industry and harnessed it with full commitment.” - Chris Cashman