The key to succeed in trading is not the capital, it's not how much money we start with. In fact I've seen some people build their account from scratch and became millionaires, and some people start with big money but end up losing nearly (if not) all their money.
The key to succeed in trading is really within ourselves, it's our mental attitude.
Forex trading is all about internal struggle. Yes, our worst and only enemy is ourselves, not the market. We don't fight the market, we just follow it, the market is like a river that flows.
Then I remember these old games, The Ultima series (I really miss the games by the way), the hero is the avatar, champion of eight virtues. These virtues are the foundation upon which the society is built. Straying from these virtues will lead to disaster.
Well I believe in forex trading, based on my experience, there are also these virtues every trader should uphold.
They are: KNOWLEDGE, DISCIPLINE, PATIENCE, and COURAGE.
Lacking one of those will lead to failure.
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