cranberrythekid posted: You need a bit of luck in life in general. Luck to find the best resources, luck to have the time and internet access to trade. And then luck to have your first month of trading go well. If the luck goes against you then you will sadly fail
you might have good luck for the first time but that does not mean that you will have bad lucks in trading always. So do not get demotivated and learn from your mistakes.
I believe that forex expert is all about knowledge and understanding how the market works along with certain skills and self-control. It is impossible to claim yourself an expert when all of your deals are red.
Lexxt posted: I believe that forex expert is all about knowledge and understanding how the market works along with certain skills and self-control. It is impossible to claim yourself an expert when all of your deals are red.
Knowledge is the most important thing in this market.
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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