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There is no short cut way.
45656

Member Since Jun 29, 2019  56 posts 45656 Sep 08 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.

Imamul

Member Since Aug 09, 2017  324 posts Imamul Sep 08 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.

Shalidor

Member Since Jul 01, 2019  4 posts Shalidor Sep 08 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.

finnishpension

Member Since Sep 09, 2019  5 posts finnishpension Sep 09 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!!

Imamul

Member Since Aug 09, 2017  324 posts Imamul Sep 13 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

Member Since Jun 29, 2019  16 posts Stock_Cycles11 Sep 14 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

lavis_book

Member Since Jul 09, 2019  23 posts lavis_book Sep 16 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 !

HertzTrader

Member Since Sep 16, 2019  5 posts HertzTrader Sep 16 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.....

Roberto21

Member Since May 02, 2019  77 posts Roberto21 Sep 17 at 10:46
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 .

AmDiab

Member Since Apr 18, 2017  538 posts AmDiab Sep 17 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!

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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.