100% TRUE, too much desire to obtain more money from trading is a poison. This makes you to over trade by choosing impractical trading strategies and may lose a huge amount. Avoid gambling, the forex trading doesn’t work like that.
It’s absolutely true that greed acts as a poison not only in trading but in other aspects of life too. Forex trading is not a get-rich-quick scheme. You can’t double your money overnight. It requires lots of knowledge, hard work and patience.
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.