Learning to Become a Successful Forex Trader: Talent Or Not?

Learning Forex: Trading now become a very interesting field and a lot of people who started to jump in this business, but unfortunately for example you search on the Google search engine will be found articles where the statistics nearly 90% of traders fail. The question on your mind is who is wrong, whether the business is deceptive or trader's own fault?Actually, the fault lies in the trader's own self is not trading. That's because most novice trader when falls in this business are less equipped with sufficient knowledge and understanding. They just tempted by the benefits to be obtained and how easy it is to make money in this trading business. They often forget that this trading business in general as well as where there is a risk in it and unfortunately less aware novice trader or concern with the accompanying risks of this trading business.Then many of the novice trader who failed minded if they do not have the talent in this trading business. Though no one is born to be a professional trader. Being a professional trader is not because of talent, but rather to become a professional trader are to be formed. Being a great trader was not a natural talent. No one can prove this theory to the story of "The Turtle Trader".In 1983, two successful trader that Richard Dennis and Bill Eckhardt argue with quite hot. They debated whether to become a successful trader was because of the talent / descent or can be taught in the sense that a successful trader can be formed.Bill Eckhardt believes that becoming a successful trader and it was because of the talent can not be taught, while Richard Dennis otherwise assume that everyone can be a successful trader through correct trading education. The argument war eventually brought them to test his theory. Richard Dennis eventually recruited 23 people from various backgrounds and start teaching them about trading to see how their performance after the training. The training in each of the 23 people were given a set of trading rules or trading plan that must be followed, but in the end all be returned to each of the 23 people how they are going to trade.Richard Dennis mentions 23 people with the title "The Turtle" and give them each $ 1 million for tradingkan, and in four years the group could profit to the end of the capital of $ 1 million to $ 100 million. And one of the people who participated in the group, namely the Turtle Curtis Faith who was 19 years old when you first join the program held by Richard Dennis's.The results of this experiment proves that to be a successful trader is not because of talent. Almost everyone can become a successful trader with the tools and the right training and continuous training to train the skill or ability in trading.
Hopefully this article can either inspire the novice trader and the trader who ever loss and almost desperate.