Newbie problem
Sep 17, 2020 at 04:23
Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.
Member Since Jul 20, 2020
298 posts
Sep 17, 2020 at 23:50
When a person joins trading he has many dreams. But if you want to realize that dream, you have to think logically. If a trader wants to make a lot of money in a few days, it is never possible. You have to try with a long time goal. And you have to always follow the trading discipline. New traders face many kinds of problems. As they need to choose a broker, need a good mentor, there can be a lot of trouble to open an account. There are many different types of problems.
Member Since Feb 22, 2011
4862 posts
Sep 18, 2020 at 07:26
Learning forex is hard stony road to victory but it is worth it
Even though even experienced trader may have bad times...
Even though even experienced trader may have bad times...
Sep 18, 2020 at 07:45
Michihito posted:Exactly. This is where many get the wrong assumption, then blow up the accounts and then blame forex brokers and also the whole forex industry.
Most new traders think he is going to be rich within a few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that, you have to give time and efforts. It doesn't happen overnight. Not even in a few months.
Never Ever Give Up
Sep 18, 2020 at 21:16
@Allisonevan this is exactly what brought me to this site someone recommended the site. I've blown too many accounts and lost lots of money too, please can you connect me to him? Maybe a phone number or an email pls I'll really appreciate.
Member Since Sep 18, 2020
1 posts
Sep 18, 2020 at 21:23
Yes I know Mark, he's really a good trader and a good choice to invest with. He charges a 20% commission at the end every trade. I literally learnt how to trade through him.
Member Since Sep 07, 2020
67 posts
Sep 19, 2020 at 07:56
That is why it is important to have knowledge before getting into trading because there is a chance that you might be overwhelmed after hearing that you can make money in forex which is not that easy
Member Since Jul 20, 2020
341 posts
Sep 19, 2020 at 11:18
Every new trader should learn properly first. Without proper learning, it is quite difficult to make money from this risky market.
Sep 21, 2020 at 05:15
I have seen many of us consider demo trading as dull. But for me not that dull at all, actually it is totally different , live account is the real market and many financial things affected the market , and it is different with demo account which is positioned as the “perfect market “ by the broker that we use, so that is why that market is good for newbie who want to trade as the place to learn only and make theirselves more familiar with the platforms.
Member Since Sep 18, 2020
31 posts
Sep 21, 2020 at 07:19
Dictiony posted:
Every new trader must learn the basics of forex because without knowledge it would be hard for him to be successful in Forex trading.
Yeah! Learning is important for forex considering the risk element involved in it.
Member Since Jul 20, 2020
232 posts
Sep 21, 2020 at 19:39
Most of the new traders want to make money quickly in this market. This is the most common mistake. For making money quickly most traders make wrong decisions and lose their money.
Sep 23, 2020 at 07:44
Michihito posted:
Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.
the basic problem for newbie's is that they have a image in mind in which trading means easy and quick money. Newbie's generally skip the learning, practice and research phase and jump to investing huge capitals in large lots. This ultimately results in clear losses and nothing else. I always suggest all the new comers that give yourself some time and study trading. Then practice it and then finally invest.
The more your practice, the more you learn.
Sep 24, 2020 at 10:29
EbonyJones posted:Correct. Forex is not a quick and easy way of getting rich. Results are seen with those only who work hard for it, practice and give their best.
Most of the new traders want to make money quickly in this market. This is the most common mistake. For making money quickly most traders make wrong decisions and lose their money.
