MotoGP posted: If you find Forex trading boring then you should leave and try something else. No one will make money doing something that they do not enjoy. I love everything about Forex, the fundamentals the technical all that. There is so much to learn and I still love the thrill of entering a trade.
I beg to diifer but successful trading should be boring.
Really Forex is too much tough for the traders who are in particularly newbie. So, obviously a new trader should work hard to achieve the market easily. they should make a best strategy for themselves . they should spend most of their time in analyzing Forex market because it will increase their knowledge of analysis. They also should practice much on demo account to make their trading easy. Then they should choose a right and reputed broker for them .
in Fx Patience is important, I do agree. But more important is trading discipline. Without real trading discipline that’s not possible at all to lead a successful trading life with certainly in spite of having most powerful analyzing trade knowledge.
Forex Trading Psychology – Manage your emotions while trading. Having expertise in market analysis or having extensive knowledge about Forex is not the only factor that determines the success of a Forex trader. ... “The key to trading success is emotional discipline.
Beginners shouldn’t invest their real money here! They should invest their time first, yes learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
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