Mar 24 2021 at 04:34
The market conditions are not the same always. You can make thousands of profits in one trade with a strategy. But sometimes, the same strategy might not work the same way it did and you may struggle to make even a hundred profits. The market changes rapidly and it will be like this forever.
Blend optimism with realism. I believe that there is always another day for you to trade profitably. Though you cannot lose hope, you have to be realistic while setting your expectations. It's never a good idea to keep using one strategy or trading one currency pair. Add flavours to your trading and that's when you will take another step towards success.
Forex is a risky business. Many people lose their money in this business because of their low knowledge and experience. So, gather proper knowledge before start trading with real acoount.
Mar 25 2021 at 04:52
phillipgriffin posted:
The market conditions are not the same always. You can make thousands of profits in one trade with a strategy. But sometimes, the same strategy might not work the same way it did and you may struggle to make even a hundred profits. The market changes rapidly and it will be like this forever.
It’s true that profits don’t come easily and you need to have a strategy that is built as per your trading requirements. Your strategy is what paves the way to making successful trades. When you have a powerful trading strategy, you will keep making successful trades one after the other.
Mar 25 2021 at 11:32
Tremblay posted:
Forex is a risky business. Many people lose their money in this business because of their low knowledge and experience. So, gather proper knowledge before start trading with real acoount.
No doubt on that bud, I am just curious enough to know the biggest jackpot anyone’s hit in trading.
Mar 26 2021 at 10:23
When I started to trade forex, I was only focusing on making money. After realizing that it’s no child’s play, I decided to dedicate some more time to learning. Studying again gave me a new point of view and my current focus is on improving my trading skills so that I can earn for longer with alpari or any other broker that I will be using.
Mar 27 2021 at 03:49
I don’t know whether I should keep losing money or take motivation from you all. You are all doing great and I am nowhere near to this.
Mar 27 2021 at 04:26
it is a balancing act. Most important is to restrict the losses and preserve the capital. My mantra has been its not about making money but to avoid losses. It is an ocean out there. You will have ample opportunities. do not try and force trades. Put all your analysis and efforts in finding the right trades. You should have the right reasons before pressing that button. Once you are in, then trade management will come into play. Do not just take a trade. You should remember till much later why you took that particular trade. It will make or lose money but reasoning should be right.
Prepare, Persevere and Prevail
mitchelstrack posted:
I did try some strategies but there hasn’t been a consistency in profits. I think it takes a lot of time to get constant results in forex. Wondering if I should start with scalping for making fast returns. Thoughts?
I think it is not possible to make money as long as a trading plan is made without acquiring proper education. Trading education and discipline help build a career.
Marlonsmith posted:
I don’t know whether I should keep losing money or take motivation from you all. You are all doing great and I am nowhere near to this.
It’s okay to have bad trades. But it doesn’t necessarily mean a bad trading career. You have a way to go. Keep improving your skills and strategies with every new trade you enter.
Mar 31 2021 at 09:43
Marlonsmith posted:
I don’t know whether I should keep losing money or take motivation from you all. You are all doing great and I am nowhere near to this.
Take it another way! Every trader faces issues but what makes them successful is their constant efforts and determination that keep them going. Take motivation from them and don’t feel bad about where you are. We have all been there.
Apr 05 2021 at 10:42
Not sure which trade I can classify as the most successful one but there have been some satisfactory ones that worked for me.
Apr 20 2021 at 06:58
It is difficult to get a profitable trade in forex and I don't think I have made that high a profit yet.
This is the beauty of forex trading. Even when a certain strategy isn't working, there's always something else you can try.
Oct 04 2021 at 20:35
Josuvaphilip posted:Marlonsmith posted:
I don’t know whether I should keep losing money or take motivation from you all. You are all doing great and I am nowhere near to this.
Take it another way! Every trader faces issues but what makes them successful is their constant efforts and determination that keep them going. Take motivation from them and don’t feel bad about where you are. We have all been there.
Yes. You are absolutely right.
The most successful trade of mine was when I entered the position with the highest leverage provided by my broker. I put not so much money but due to leverage I managed to earn 100$. Actually, I don't advice traders to follow my example, because it won't lead to something positive. My case was just the luck. However, traders shouldn't rely on luck because it turns trading activity into gambling. You have to calculate everything in order to understand whether you can open a position or not. Only by these steps you can turn trading into long lasting activity actually.
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