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EddyEdgardo

Member Since Aug 21, 2018  11 posts EddyEdgardo Oct 12 2018 at 10:05
But the reality is that very few people can dedicate there whole lives to trading. Most people have a day job that they must do before they can do trading full time. Therefore is must start as hobby at first. But be dedicated to the hobby is best for success

togr

Member Since Feb 22, 2011  4836 posts vontogr (togr) Oct 12 2018 at 10:23
EddyEdgardo posted:
But the reality is that very few people can dedicate there whole lives to trading. Most people have a day job that they must do before they can do trading full time. Therefore is must start as hobby at first. But be dedicated to the hobby is best for success


Well yes just 5% of traders are successful
You can't simply put all your effort into something which not makes for living

Mohammadi

Member Since Aug 11, 2017  788 posts Mohammadi Oct 15 2018 at 11:51
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.

yellowman94

Member Since Oct 09, 2018  41 posts yellowman94 Oct 16 2018 at 14:05
Mohammadi posted:
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.
i totally agree.

Adribaasmet

Member Since Aug 27, 2017  861 posts Adribaasmet Oct 21 2018 at 07:05
Mohammadi posted:
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.



Basically, high trading leverage or big bonus is not any solution here! On one can make regular money here without proper trading knowledge & experience! So, depending on leverage is the worst thing.

AniLorak

Member Since Apr 18, 2017  885 posts AniLorak Nov 25 2018 at 08:09
Adribaasmet posted:
Mohammadi posted:
Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.



Basically, high trading leverage or big bonus is not any solution here! On one can make regular money here without proper trading knowledge & experience! So, depending on leverage is the worst thing.


I think so; without proper knowledge it’s really tough to make regular money! Knowledge is the key point here.

AmDiab

Member Since Apr 18, 2017  674 posts AmDiab Nov 27 2018 at 08:16
Of course, knowledge is important but it’s very much important to have a particular trading system & plan! Having a trading plan will make you well-disciplined.

AnthonyWins

Member Since Nov 09, 2018  212 posts Anthony Rizal (AnthonyWins) Nov 28 2018 at 13:56
What I like the forex- there are uncertain situation with finding the best way to earn and various of opinions and each of it confirmed with experience.
The success on forex is unstable, sometimes profit and sometimes loses. The only way to earn cannot be found, each trader has his own recipe of trading.

#AnthonyWins
Paquito

Member Since Nov 29, 2018  8 posts Paquito Nov 29 2018 at 13:54
And that is what you like about Forex? That are all the things that I hate about Forex!!! Each to their own I suppose

Imamul

Member Since Aug 09, 2017  520 posts Imamul Dec 16 2018 at 09:56
Yes I am also. According to me, there is nobody who can avoid loss completely, because everything is uncertain in this volatile trading place and no one can predict the real faction of this market with certainly.

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EURUSD 1.19347 GBPUSD 1.33423
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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.