Why You Must Think Differently Than Other Traders

Good day, fellow forex traders.

As people living in society, most of us have similar instincts and desires.

Thus, in one situation or another, we usually act and react like most other people. Our behavior usually reflects the behavior of everyone else.

And for the average person who wants to become a successful Forex trader, this is bad news.

Much has been said about how difficult it is to succeed in trading, but what most people do not understand is that trading is difficult not because winning traders are in the minority, but because winning traders must be in the minority, and that is why trading is difficult.

As you can see, trading well is not at all the same as doing well on a math exam.

On an exam, if students answer all the questions correctly, they all get an “A.” If only a few students get an “A,” it is probably because the exam was difficult.

But in trading, this is not the case at all.

If you get an “A,” this does not mean at all that you will be successful in trading. Trading profit is strictly limited.

Think about the following:

Imagine that there are only 3 traders in the world, and each of them starts with 1 000 $ in the account.

In the end, (assuming continuous trading) only 2 outcomes are possible:

In the first case, the successful trader is already in the minority.

In the second case, however, successful traders are in the majority... at first glance.

But what happens after the unsuccessful trader loses all of their money?

Then the two remaining traders will have to trade against each other until, eventually, only one successful trader remains among them. The losing trader will join the previous losing trader, forming a new majority.

So, as you can see, the natural and logical outcome of trading is that the number of winners will always tend toward the minority.

This will happen regardless of how “easy” or “difficult” trading is.

This is an inevitable result that depends on how structured the game is.

So, we have established that:

The conclusion from this is as follows: for you to become a successful trader, you probably need to learn to think and act differently from how your colleagues think and act.

If successful trading were natural and intuitive, most people would become successful traders.

But, as you already know, this can never happen, because the number of successful traders will always tend toward the minority.

The bitter truth is that profit in trading can be made only at the expense of other traders. There is no other way to make money in this business. It is technically impossible for everyone to make money. After all, if you sell, someone must buy. And vice versa.

So, after reading the information above, I want you to think about it. And try to look at your strategy, emotions, and money management from the outside. Are you doing everything like everyone else? Are you following the primitive instincts of the crowd? Or do you have your own vision? What advantages are you using? Or not using, though you could?

Turn off social networks, Skype, Viber, and other nonsense for 5 minutes. Think about it.

Respectfully, Pavel Vlasov
TradeLikeaPro.ru