In forex, knowledge is power. You cannot just rush into trading when you lack all the relevant knowledge. A lot of people that fail forex are usually not willing to learn. They want the easy way out and earn as muchbas they can in a short time which is usually a bad Idea because it never works. The result is just a lof of losses that could have easily been avoided.
Without proper learning, practice and research, nobody can have a successful and consistent career in forex. That's totally right; no shortcut in forex.
Brick_56 posted:
Without proper learning, practice and research, nobody can have a successful and consistent career in forex. That's totally right; no shortcut in forex.
Well said. We have to opt an systematical approach. Can't just start real account trading at once.
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.
There is no short cut in Forex for to succeed in this online business. You need immense amount of knowledge about and if you have lack of knowledge then it will be difficult to survive in Forex. So always work hard and do some practice and get experience to become a succesful trader.
jonny99 posted:Brick_56 posted:
Without proper learning, practice and research, nobody can have a successful and consistent career in forex. That's totally right; no shortcut in forex.
Well said. We have to opt an systematical approach. Can't just start real account trading at once.
True, but beginners today are always in a rush. They just want to make money as quickly as possible, due to which they skip the important parts.
Brick_56 posted:jonny99 posted:Brick_56 posted:
Without proper learning, practice and research, nobody can have a successful and consistent career in forex. That's totally right; no shortcut in forex.
Well said. We have to opt an systematical approach. Can't just start real account trading at once.
True, but beginners today are always in a rush. They just want to make money as quickly as possible, due to which they skip the important parts.
Well said. That the biggest mistake beginners do. They fail to understand that forex is not a child's play and we need to be really patient and work hard if we want to be profitable.
Aug 16 2020 at 14:29
It would be great for everyone if millions and billions can easily earn in just a few dollars and a few mouse clicks. Unfortunately, not for everyone. Forex trading is tough. It is necessary to spare time and effort. Before start trading, you need to ask yourself if you can commit to it.
Aug 16 2020 at 20:54
I agree with you. There is no shortcut way to make money from this market. You need to have proper knowledge to make money from the forex market.
Aug 17 2020 at 06:25
Success demands proper hard work, skills and passion, without which nobody can get his/her share of success, be it in forex or otherwise. If any trader tries to win out of shortcuts, his winnings, if any, will surely be too short-lived.
