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There is no short cut
Mitglied seit Jan 11, 2022
45 Posts
Feb 04, 2022 at 06:45
Definitely! Becoming a successful forex trader demands time and persistence. Many new traders who come with the hope of making quick profits ignore the notion that becoming a successful trader is hard work and can take years. If you are new to forex trading, please take time to educate yourself first and then expect something in return.
Mitglied seit Jun 26, 2020
323 Posts
Feb 04, 2022 at 08:42
Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.
Mitglied seit Feb 05, 2022
4 Posts
Feb 05, 2022 at 07:54
We therefore can see that sometimes, little information is enough to express something very detailed. If we go back to trading, an information like open/high/low/close prices is also very little information and we get "some" idea what is going on in the chart!
Feb 05, 2022 at 08:04
UweMoench posted:
There is no short cut to success. In short time anyone can get some temporary success but for sustainable success, it needs time. But most traders do not try to understand this simple fact. They live in fool's Paradise. They want to make quick money without necessary skills and knowledge.
You are absolutely right on the note that there is no short cut. If we want to be successful in any business, we must devote to work hard, be patient and sensible. Forex trading needs us be more patient, more hard working and more sensible since it is a business of cleaver people.
Feb 07, 2022 at 06:25
People who succeed in any field do not have the choice of a shortcut. There is no short path to success but if you work hard enough and do it smartly, you can cover the distance in less time. Try to give as much time to learning and practising as you can.
Mar 30, 2022 at 12:27
A trader should try to learn something in detail because there is no space of short-cut. Short-cut leads to losses and makes learning fully incomplete. In Forex, there is a bulk of things to learn so there is no way to make a cut short. Better learning will deliver you a better profit. So, rely on learning rather relying on haphazard trading.
Apr 04, 2022 at 04:55
Yes, it is crystal clear that there is no short-cut in trading. Traders have to learn everything deeply and should take guidance from professional traders. Newbies should work on all points which are related with trading and should develop the sense of maintaining patience and following a plan.
Mitglied seit Apr 14, 2022
32 Posts
May 06, 2022 at 03:48
To be successgful at Trading a significant amount of time and work is required. It is impossible to achieve consistent success in a short period of time.
Mitglied seit Apr 14, 2022
40 Posts
May 07, 2022 at 05:44
Success in trading takes time and a lot of effort. It is unrealistic to expect to become successful in forex trading overnight. You must dedicate time to learning more about trading and must practise frequently.
Mitglied seit Apr 14, 2022
47 Posts
May 07, 2022 at 06:26
It’s true that there is no shortcut in forex trading because trading is not an easy job. It requires a lot of effort and hard work. That is why traders should dedicate their time to learning and have patience because better learning and patience leads to better results.
Mitglied seit Jun 02, 2022
24 Posts
Jun 20, 2022 at 10:48
I always relate forex to the famous saying “Rome wasn’t built in one day.”
It takes a lot of time (months and years) to develop your skills and become disciplined. Forex trading is definitely one long journey, but worth it!
It takes a lot of time (months and years) to develop your skills and become disciplined. Forex trading is definitely one long journey, but worth it!
Mitglied seit Apr 09, 2019
516 Posts
Jun 20, 2022 at 11:03
It doesn't help that we live in a society that craves instant gratification. Everything is now now now and few have the patience to see something through that they have to work for.
If you can't spot the liquidity then you are the liquidity.
Jun 28, 2022 at 14:38
KnowFinance posted:
There is no shortcut to make profits. All you need is patience and consistency in learning.
Well Said, there is nothing like short-cut way in Forex! I see, which traders try to make quick money here; end of the day they lose their capital!
Mitglied seit Jun 26, 2020
323 Posts
Jun 29, 2022 at 04:41
generally traders always fall a great trouble when they try to bring profit with high leverage. this is a common beginner mistake
Jun 29, 2022 at 04:45
To be very honest, there is no alternative to maintaining risk-management policy to avoid trading risks to a certain extent. Risk is a threat to survival. Traders should maintain a balanced risk-management policy so that trading doesn’t become risky for you. Lowering trading leverage and using low-spread trading pairs are part of risk management.
