Common mistakes are those that we make very often. Over trading, revenge trade, fear of missing opportunity and not following any money management policy are the most common mistakes.
SofieAndreasen
Mitglied seit Jul 23, 2020
759 Posts
Mar 29 2021 at 16:25
Tremblay posted:Control all kind of emotion in trading. It is dangerous to trade with emotion.
Common mistakes are those that we make very often. Over trading, revenge trade, fear of missing opportunity and not following any money management policy are the most common mistakes.
marcellamcguire
Mitglied seit Jan 08, 2021
14 Posts
Apr 13 2021 at 10:11
It can be difficult to generate profits at first. But every trader takes some time to process and understand the market in order to execute profitable trades.
The key is to give yourself time and the result will come.
Yes people do make profits in the forex market, but there is no fixed profit or there is a fixed timeline. You have to be patient and precise to make profits.
Getting profit in Forex trading is easy but Forex can be risky too if you have no knowledge about it. Always gain some good knowledge before start trading and enjoy your trading period.
Dictiony posted:
Getting profit in Forex trading is easy but Forex can be risky too if you have no knowledge about it. Always gain some good knowledge before start trading and enjoy your trading period.
I would not say that getting profit is easy in forex. If you find it easy please tell us all how to do it
lovefortrading
(perryjohn765)
Mitglied seit Sep 12, 2017
238 Posts
Apr 15 2021 at 13:01
one can make a good profit in forex if using the skills correctly. Though it wont work 100% of the times.
Making profit by forex trading is possible but it requires a lot of knowledge and skills. If a person is not willing to dedicate himself in developing skills he should not come into forex trading.
UweMoench posted:That's right. The first step in trading is to gain knowledge about analysis. There are different types of analysis, I have to make a profit by applying that analysis. I like to make a profit by trading technical and fundamental. These two analyzes have to be combined.
Both the fundamental and technical analysis are very important for any trader who really want to make success here he must try his best and be learn how to do the forecast and get what its take to succeed here as well
Notrickhere
Mitglied seit Jul 01, 2020
1 Posts
Apr 15 2021 at 18:58
Truth be told! You making profits with your own capital or with a firm?
There are so many options to investing in the financial market, if you cant make a profit from forex trading, stocks or crypto trading maybe become another option, forex trading needs more special skill to make money, not every investor trader suitable and make money from here, although there are two edge opportunities, buy and sell might get profit, but the risk also has same portion, even higher risk, because of your emotion and fear.
Adribaasmet
Mitglied seit Aug 27, 2017
994 Posts
Apr 16 2021 at 09:29
profit is important but in spite of having good knowledge and experience, there is no way to bring consistent profit if there is no strong money maangement.
profit in Forex is a big deal in this market place , to make profit with consistently level you need to make sure good knowledge and experience.
Adribaasmet
Mitglied seit Aug 27, 2017
994 Posts
Apr 19 2021 at 09:45
profit consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.
Loss is inevitable in forex trading. And it gives pain no doubt. Actually no one learn how to accept loss. You have to learn how to overcome loss. Successful traders focus on their risk reward ratio and winning trade percentage. So you should have a well defined trading system that includes everything very clearly.
Trading is a nothing less than a ride. Highs and lows, ups and downs. And hence, profits and losses. Need to take them easy and work on mistakes.
SteveHanks
Mitglied seit Mar 17, 2021
536 Posts
Jun 09 2021 at 11:09
Adribaasmet posted:Making profit consistently is not an easy task. If you can make a good strategy you can make consistent profits.
profit consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.
SteveHanks posted:Yes, it is not easy, but possible, learn from good trader maybe will help to make sharp trading skill,Adribaasmet posted:Making profit consistently is not an easy task. If you can make a good strategy you can make consistent profits.
profit consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.
because skill matter in forex to making profit also need supported broker, regulated and low spread broker is more preferable