Fordrerne posted: I think that forex can become not only a source of additional earnings - it all depends on your desire, lifestyle and, what to hide, your financial possibilities, because good profits are usually provided by good capital...
Yes I think so too, but the main point is about skill trading, although having huge capital but not supported by good skill, it will losing money, built up a good mindset indeed can improving trading skill, forex business can become the second source of income if trader already reached level profitable trader, but for losing trader forex is risky business. we also need to measure our own ability about this matter.
Well said Akasuki, understanding the market is the first key towards success. With a little more understanding of risk management approaches to investments, much confidence on continual success can be imbibed.
GitHubRobot posted: Well said Akasuki, understanding the market is the first key towards success. With a little more understanding of risk management approaches to investments, much confidence on continual success can be imbibed.
Completely agree and then psychology comes with experience. Persistence is the biggest key
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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