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Very tough business.

Sep 08, 2019 at 07:50
175 Replies
Member Since Jul 11, 2022   1 posts
Jul 11, 2022 at 10:47
sjkhaushu posted:
kamikazebogeyman posted:
finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

People fail not because they are not prepared, they fail because they are not talented/smart/disciplined enough. Do you think that everyone who is prepared for a long journey eventually makes it? Thats nonsense.

The fact is that most people are just not suited for FX business, just like most people are never going to make it in professional sports. They can invest as much time and energy into it but if they dont have certain qualities, they are never going to make it no matter how hard they try. So telling people that they will make it if they just put enough effort into it is the worst advice you can give.

Yes, it's true Forex trading is really a very tough business in the world for Forex traders. But in spite of being so tough for earning money unlimited people do interested in this business. If you want to do trading in Forex you have to be enough skilled. Traders who are very skilled and experienced can achieve their trading success early and easily. Without good trading skills, you can only lose.

Member Since May 18, 2022   24 posts
Jul 14, 2022 at 04:43
Yes, it can be tough for those who don’t spend time learning. Skills and technique are achieved through experience. If newbies find patience and stick to a plan, they will receive profit.
Member Since Jun 03, 2022   26 posts
Jul 14, 2022 at 04:45
Yes, trading forex can be challenging and fraught with risk. However, there is also the possibility of making a significant amount of money from it. One bad decision can cost you a lot of money, whereas one good decision can make you a lot of money.
Member Since Jun 22, 2022   22 posts
Jul 14, 2022 at 06:42
The foreign exchange market is extremely volatile and risky. This is why most people believe forex trading is difficult. However, if you can learn and have a thorough understanding of the market and a good adaptability in the ever changing market, things will be much easier for you.
Member Since Feb 15, 2022   219 posts
Jul 17, 2022 at 14:42
Self-assessment plays a vital role in developing traders’ trading. This process helps a trader finds out his own faults so he knows well in which areas he needs to work to develop.
Member Since Jun 22, 2022   21 posts
Jul 18, 2022 at 08:07
I think it is the tough and challenging nature of the market that keeps us interested. It is human nature to always chase after something that is challenging, because solving that challenge gives us an indescribable boost of serotonin.
For me, honestly I am so intrigued and deep into forex trading that I don’t think I will stop trading anytime soon in the coming years.
Member Since Aug 17, 2022   45 posts
Sep 13, 2022 at 12:11
Trading is not an easy task. You need to study and understand the market daily, due to the fluctuation. For trading, you need experience and that comes with time and practice. So, the more often you practice the more you are able to understand the market well.
Member Since Jun 26, 2020   327 posts
Oct 22, 2022 at 07:50
i think there is no business we have in online which is risk free completely , you must have complete take a risk to take any kind of business.
Member Since Jul 23, 2020   869 posts
Oct 22, 2022 at 10:47
There are different forms of trading and I prefer scalping the most. Personally, I prefer scalping the most and the broker ensures all scalping-genial trading facilities.
Member Since Feb 15, 2022   183 posts
Oct 27, 2022 at 17:31
Actually, the problem is- most of the new comers start their trading career with a wrong trading mindset!
Member Since Sep 14, 2022   40 posts
Oct 28, 2022 at 11:37
You can understand everything in Forex once you put your mind and skills into it with the right approach and psychology. Only the areas where we do not put our efforts seem difficult, rest everything is achievable with predefined goals and correct strategy. One should learn tools and techniques in forex in order to predict the market price movement and perform according to it for positioning trades.
Member Since Oct 27, 2022   17 posts
Oct 28, 2022 at 12:09
Trading is difficult! But on can stay ahead of the competition by acquiring knowledge and making improvements, and continually come up with creative strategies for profiting from the forex.
Member Since Jun 26, 2020   327 posts
Nov 03, 2022 at 11:02
practice is important and for that demo is a good choice , but i don't like this, i always try to maintain live account with minor balance . its supportive to acquire live knowledge and experience.
Member Since Jul 13, 2022   19 posts
Nov 04, 2022 at 12:24
Since the forex market is dynamic and constantly changing, a trader must learn to keep up with these changes and be able to respond to any unexpected circumstances.
Member Since Feb 16, 2022   119 posts
Nov 04, 2022 at 13:51
Leverage is a loan offered by brokers. Traders should not take high trading lot in their trading because it drives their traders away from Forex.
Member Since Nov 21, 2022   9 posts
Nov 28, 2022 at 14:32
Zemirah posted:
If you want to make it big and for a long time, you need to keep trying when you lose. You cannot give up easily. Forex trading is not for the faint hearted. You need to have a good grasp on analysing the market effectively. While it may be tough, it is also not impossible to make profit. If you follow a plan and maintain focus, you will win.

I wish that were true. I have a plan and maintain focus but my own trades always lose :(
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