The goal of a for-profit enterprise is to make money for those who own, manage and work in the business. Ambitious entrepreneurs seek to increase their profits. To do so, you need a long-term strategy designed to grow your company. You must be willing to make changes, be disciplined, work harder, obtain and lead quality people and do so without taking too great a risk.

The first thing I want to do is clarify that when I say “Long Term” I am meaning at least looking on the daily charts. I believe that one of the big issues with Forex traders today is that they are so caught up in short-term trading and scalping (which again, I really do have a hard time believing traders can be profitable with), that they don’t even recognize what long term trading is.