There is no short cut to success. In short time anyone can get some temporary success but for sustainable success, it needs time. But most traders do not try to understand this simple fact. They live in fool's Paradise. They want to make quick money without necessary skills and knowledge.
It’s true. There are no shortcuts in forex trading. You have to be apt with your knowledge and decision-making to be able to make the most of the market situation. Just stay open to learning at all levels.
If there was an actual shortcut to success, then all of us would have been millionaire, or even billionaire so that is so unrealistic. There is never shortcut to life, just like that, there is also never shortcut to success of trading
UweMoench posted: There is no short cut to success. In short time anyone can get some temporary success but for sustainable success, it needs time. But most traders do not try to understand this simple fact. They live in fool's Paradise. They want to make quick money without necessary skills and knowledge.
You are very right. There is no short cut. In fact, it needs at least 3/4 years for a trader to learn trading. It is not only about learning, but it is also about applying things accordingly. There is a saying ' invest your time before investing money'. We often forget to do that in trading, which hurts us badly.
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.
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