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Most people become unrealistic

Dec 08 2020 at 13:29
639 Posts
Most people become unrealistic when come into trading. In any other business with 10$k, people's profit expectation is realistic. But when it comes to forex their expectation soars 10 times or more. That too with being skilled. Most traders even don't know what they are doing.

Dec 08 2020 at 20:12
232 Posts
Most people become frustrated and make wrong decisions. It is not right. Every trader should have patience.

Akos (Akos53435627)
Dec 10 2020 at 13:20
10 Posts
Most people think that forex trading is easy and big money. But they get disappointed when they lose soon they lose their account.

Dec 11 2020 at 06:00
71 Posts
People have huge misconceptions regarding forex, the most common one being, getting rich too quick via it. But in reality, its all about being patient, the right strategy and working on skills. No point having unrealistic expectations from forex.

Dec 11 2020 at 09:48
231 Posts
Most people want to earn money in Forex without any hard work and knowledge but in long-term trading, it can not be possible to make money without knowledge and plan.

Dec 18 2020 at 11:06
27 Posts
Yes, unrealistic expectations do no good to people while trading. It is better to set a goal that is achievable.

Dec 18 2020 at 17:19
640 Posts
turnipfollow posted:
Yes, unrealistic expectations do no good to people while trading. It is better to set a goal that is achievable.

True. Set a realistic expectation and try to achieve it in demo account first. If you can try in real account then.

Dec 19 2020 at 01:03
672 Posts
Yes, you are right. Most people come to Forex trading and try to make an extra profit with little capital which can never be acceptable.

Dec 19 2020 at 05:56
33 Posts
Unrealistic expectations will never give desired profits so better go forward with a sound trading plan.

Elena Triston (ele020)
Dec 22 2020 at 07:25
219 Posts
Yes, most people become unrealistic when it comes to forex trading this is because people think it is a short cut to earn money without any knowledge and skill but don’t think about the risk associated with it.

The more your practice, the more you learn.
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