Consistent profits are made by only a very few traders who have been trading for years now. Their trades are well planned and they do not have greed for more because they have learned how to control their emotions over the past years. For beginners, just be consistent with your efforts and returns will be there for you eventually.
Telenergy posted: Consistent profits are made by only a very few traders who have been trading for years now. Their trades are well planned and they do not have greed for more because they have learned how to control their emotions over the past years. For beginners, just be consistent with your efforts and returns will be there for you eventually.
Thats really true they are actually so at peace with their trades and their risk they let the trades run. The thing is it takes a lot of hardship to get there but once you do it becomes easier and easier imo
I think it is very much like learning to swim. Initially you get in the water and flap around trying not to drown but as you learn how to mitigate the risk of that you relax and start to swim properly.
If you can't spot the liquidity then you are the liquidity.
skihav posted: It is important to understand that making money in this industry is also very difficult. This is a result that requires knowledge and time.
Agree, all business needs a process for stakeholder will get their success, in offline business and online business all require focus and keep learning, the main difference between offline business and online business in process is the offline business they meet real human in life and interact with them, in online business we don't face to face meeting on the central place, advantage online business we can work anytime.
Consistent profit making is a dream for many in forex trading. Some traders are able to do that but they are very experienced in forex trading. A new trader cannot be expected to make consistent money out of forex.
Consistent profits is something every trader dreams of but it is a thing that only a few are able to achieve. For beginners, consistently avoiding losses is enough I think. Once they learn how to avoid losses, they can easily work their way to profit making.
Making consistent money is difficult but can be done by some experienced traders. Rather than focusing on consistent profits, a trader should focus more on avoiding big losses consistently and targeting big profits. This will help the trader to stay profitable despite small losses.
Consistent money earning is a bit challenging but only those who are expert can make so. Fundamental and technical analysis should be in the root level to catch the market trend. A good entry can carry a good amount of profit for a trader, on the other hand, a bad entry can destroy a trader.
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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