There is no short cut way.

Sep 08, 2019 at 07:07
2,664 Views
56 Replies
Member Since Jun 29, 2019   65 posts
Sep 08, 2019 at 07:07
Without acquiring general trading knowledge in Forex market place you will never be able to earn good money. In fact you will lose very early in your trading career because in Forex trading there is no short cut way to earn money and to become rich in overnight. Most of the new traders feel they can be rich by investing money in Forex market but not interested to learn first.
Member Since Aug 09, 2017   785 posts
Sep 08, 2019 at 07:43
most of the traders become addicted for bringing profit very rapidly , its a main problem , they should addicted to learn Forex that can make more profit from trading.
Member Since Jul 01, 2019   30 posts
Sep 08, 2019 at 16:07
That's why there is such thing as a demo account where you really can trade and do all good things for that much and it will help anyway. I hope it will be better for everyone in the end. See how it works ? I do as well and I do not want to change that.
Member Since Sep 09, 2019   11 posts
Sep 09, 2019 at 11:16
Demo is the reach teacher to us all. No matter how much you think you know a demo account will show you if you are right or not. Do not try on live because it is a lot more expensive!!
Member Since Aug 09, 2017   785 posts
Sep 13, 2019 at 10:16
according to me, Forex is just an addiction , so many times i quit on Fx but after passing sometime again have started trading , its a love about this stock market.
Stock_Cycles11
forex_trader_742917
Member Since Jun 29, 2019   16 posts
Sep 14, 2019 at 22:12
I admit, I'm one of those people who have a good day, and then get out the calculator and start adding up how much you'll make in 6 months if it keeps going good like that.

Some years ago, I made $530 scalping eurusd using bollinger bands on short term charts. After the day was done, I couldn't wait till tomorrow. Guess what. The BB strategy did not work, and I lost $500 the next day. I did make $30 over 2 days though. LOL
Member Since Jul 09, 2019   38 posts
Sep 16, 2019 at 06:39
45656 posted:
Without acquiring general trading knowledge in Forex market place you will never be able to earn good money. In fact you will lose very early in your trading career because in Forex trading there is no short cut way to earn money and to become rich in overnight. Most of the new traders feel they can be rich by investing money in Forex market but not interested to learn first.

New traders dream unrealistic, but they have to pay hard for that later !
Member Since Sep 16, 2019   11 posts
Sep 16, 2019 at 10:46
Stock_Cycles11 posted:
I admit, I'm one of those people who have a good day, and then get out the calculator and start adding up how much you'll make in 6 months if it keeps going good like that.

Some years ago, I made $530 scalping eurusd using bollinger bands on short term charts. After the day was done, I couldn't wait till tomorrow. Guess what. The BB strategy did not work, and I lost $500 the next day. I did make $30 over 2 days though. LOL

That story really resonates with me. I have been in the same loop for years. Find a strategy, get excited, try it for a month, it loses money. Try another strategy.....
Member Since Apr 18, 2017   718 posts
Sep 17, 2019 at 15:02
Roberto21 posted:
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .

Buddy; you’ll get basic type trading instruments in there! But; the real market is different; so don’t rely on only these types of trading courses! Try to gather chart reading knowledge; it’s very crucial!
Member Since Apr 18, 2017   718 posts
Sep 25, 2019 at 12:59
Roberto21 posted:
quit from trading is very common issue in this stock , and come back again after quit. actually its all about motivation. when making a big losses , there is no interest about trading , but when realize the mistake then we kick off trading again. its a common reality.

This is why; new traders need to invest their real amount after verifying their trading system so carefully; consistency is the key!
Member Since Aug 03, 2019   38 posts
Sep 26, 2019 at 06:17
Indeed! There is no short cut to earn money. Many people think of forex trading as the easiest way
of making a lot of money. But the reality is far from this fact.

In fact i would say it takes years to become that successful in trading. Booking profits every time is a hard thing to do and takes a lot of times. You might be able to make money sometimes but your failure rates will definitely be high if you don’t have a suitable trading plan.

Member Since Sep 26, 2019   11 posts
Sep 26, 2019 at 08:37
FX trading is so hard. There are much easier ways to make money. In forex it is east to lose and very difficult to win.
Member Since Jul 31, 2019   28 posts
Sep 26, 2019 at 09:33
AmDiab posted:

Buddy; you’ll get basic type trading instruments in there! But; the real market is different; so don’t rely on only these types of trading courses! Try to gather chart reading knowledge; it’s very crucial!

I agree. Real trade and demo trade are very different. Yes, demo is okay to know the basics, but to understand what trading really is, one has to know the technical.
Member Since Sep 27, 2019   10 posts
Sep 27, 2019 at 11:19
A short cut for most people would be to withdraw $1000 from the bank and then set fire to it. You will have saved yourself a year of pain!!
Member Since Aug 27, 2017   994 posts
Sep 28, 2019 at 10:51
pleasingoink posted:
A short cut for most people would be to withdraw $1000 from the bank and then set fire to it. You will have saved yourself a year of pain!!

Well said; that’s the story; trading without proper trading knowledge brings lots of mental pain!
Member Since Aug 05, 2019   50 posts
Sep 30, 2019 at 07:50
There is no shortcut to forex trading . It takes a lot of practice and experience to master. The truth is that even traders with years of experience still encounter periodic losses. There is no substitute for hard work.
Member Since Aug 27, 2017   994 posts
Sep 30, 2019 at 10:24
jaredtaylor posted:
There is no shortcut to forex trading . It takes a lot of practice and experience to master. The truth is that even traders with years of experience still encounter periodic losses. There is no substitute for hard work.

Same opinion from me; even I always appreciate the traders who opened their demo with a long term plan!
Member Since Jul 31, 2019   28 posts
Oct 03, 2019 at 07:26
jaredtaylor posted:
There is no shortcut to forex trading . It takes a lot of practice and experience to master. The truth is that even traders with years of experience still encounter periodic losses. There is no substitute for hard work.

Agreed, practice and patience are surely required to have a successful trading joureny.
Member Since May 31, 2019   12 posts
Oct 03, 2019 at 11:21
Roberto21 posted:
quit from trading is very common issue in this stock , and come back again after quit. actually its all about motivation. when making a big losses , there is no interest about trading , but when realize the mistake then we kick off trading again. its a common reality.
Trading becomes habit after some time
Member Since Aug 08, 2019   9 posts
Oct 03, 2019 at 23:24
in addition, it is important to have knowledge in the economic sphere and to understand various world processes in order not to become a victim of news with high volatility.
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