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Most traders are impatient

Dictiony
Mar 12 at 10:17
231 posts
Yes, having patience is very necessary to be successful in Forex trading. If you have patience and skills both then it will be easy for you to be successful in Forex trading.

TradeHut
Mar 12 at 12:24
31 posts
starmyth posted:
leecopp posted:
starmyth posted:
I’m not sure I can relate because I’ve been trading for 4 months now and I’m starting to get agitated with it. The demos are boring after a while but I’ve read they are important so I was trying.

 I think you are thinking a lot about this. If you want to enter the forex market, you will have to learn how it works or you’ll end up losing everything. As far as demos go, I traded for about 5 and a half months on them with Avatrade and Turnkeyforex and then moved to live. It is not that easy but if you adopt the right trading mindset, you will definitely see the results of your hard work. Good luck mate!

Idk I think I’ll just stick around for another month or so or maybe go live soon. Anyhow, thanks for responding.

I don’t agree with you on this. Demo accounts are meant for our initial practice and to make us prepared for the live trading. You should spend enough time learning through demo instead of considering it boring.

geleqdi
Mar 12 at 16:20
3 posts
When you are trading with demo account , there is no pressure , and you do many things different. It is much better to train with very small real account than with demo.

Cappucinotrader
Mar 12 at 17:41
10 posts
I agree a small real account is the best way to really learn and make it stick. Who cares about losing $100,000 demo money

Tremblay
Mar 13 at 18:33
322 posts
Forex is not an easy thing, but if you trade through proper knowledge and skill development, you can make the future brighter by trading. Many people do a lot to be successful so Forex trading has come up with great opportunities for them. But to survive in trading, you must first learn. If you do not learn to trade, you may face many unexpected losses.

geleqdi
Mar 18 at 09:56
3 posts
Tremblay posted:
Forex is not an easy thing, but if you trade through proper knowledge and skill development, you can make the future brighter by trading. Many people do a lot to be successful so Forex trading has come up with great opportunities for them. But to survive in trading, you must first learn. If you do not learn to trade, you may face many unexpected losses.


I can't agree with that. It is not just about knowledge and efforts. It is more like wining the olympics. It is not enough just to train hard. You must have the right genetics, the right trainer, the latest undetectable doping etc.... So most of the people don't even stand a chance.

DanialWales
Mar 18 at 12:25
17 posts
For trading knowledge is very important. It makes us more powerful trader. But knowledge becomes power only when we can apply can it. To apply knowledge, discipline is important. The more knowledge you will acquire the expert you will become. To cope with the volatile market there is no alternative to knowledge.

UweMoench
Mar 20 at 13:12
462 posts
Yes most traders do not have enough patience. They want to get rich in a short period of time. As a results they become restless and open so many unnecessary trades and lose money.

LukeRachel
Mar 21 at 02:26
205 posts
Most traders are not able to maintain discipline. I also could not maintain discipline at one time. Later when I saw that the percentage of my loss was high, I tried to maintain discipline with the plan.

Sarjohn (Sarjohn)
Mar 21 at 17:19
160 posts
Yes most of the new traders are impatient, most of them are new beginners and come here in order to make instant profit only, only few are there who want to learn.

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