Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Fx and survive
Previous 1 2 Next
Adribaasmet

Member Since Aug 27, 2017  835 posts Adribaasmet Jul 28 at 19:19
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.

Miguelfabian

Member Since Jun 22, 2020  11 posts Miguelfabian Aug 06 at 11:27
Need patience and objectivity in trading.

LyudmilLukanov

Member Since Jul 23, 2020  7 posts LyudmilLukanov Aug 09 at 12:23
Survive is the main aspect in forex trading. 90-95% trader fail in forex trading and quit the market. Most of the new trader blow their account in first month.

cardigan

Member Since Jul 27, 2020  21 posts cardigan Aug 10 at 05:47
LyudmilLukanov posted:
Survive is the main aspect in forex trading. 90-95% trader fail in forex trading and quit the market. Most of the new trader blow their account in first month.

I would add that the ability to adapt and accepting the losses can be a good indicator that you are trying your best to survive in the market.

Dictiony

Member Since Apr 01, 2020  86 posts Dictiony Aug 10 at 10:16
Surviving in the Forex field is very difficult and most of the traders fail in their trade very begining of their trading period. If you want to be a successful trader than you need to have god knowledge, skills and money managment. If you lack one of them you can fail in Forex quickly.

Miguelfabian

Member Since Jun 22, 2020  11 posts Miguelfabian Aug 10 at 11:47
Patience, sound knowledge, and a decent broker are the keys.

Michihito

Member Since Jul 19, 2020  8 posts Michihito Aug 10 at 13:22
The proverb ' Survival for the fittest' is the most appropriate in forex trading. Here only the fittest traders survive. To be fittest knowledge and skills is important. Knowledge is beneficial only when you can apply it properly. Knowledge without proper application has no value.

UweMoench

Member Since Jul 19, 2020  8 posts UweMoench Aug 10 at 16:29
Yeah a trader's first target is to learn how to survive in the market. For that one must learn risk management and psychological aspects of trading. Even a trader with good technical knowledge lose money because of over trading, greed, revenge trade and fear. So one must achieve this psychological skills.

Please login to comment.
Loading
Loading
EURUSD 1.18338 GBPUSD 1.30784
USDJPY 106.612 USDCAD 1.3236

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
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. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.