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Unrealistic expectation causes
Jan 12, 2021 at 13:42
Unrealistic expectation causes a lot of problems. Being professional is not that easy. Most people behave unprofessionally. Within few days or months they want to make their capital double in possible least time. If you can make yourself professional you can make money.
Mitglied seit Apr 09, 2019
516 Posts
Jan 12, 2021 at 14:22
People believe what they see on social media from people who don't even trade too much. That's half the issue.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Nov 29, 2020
5 Posts
Jan 12, 2021 at 20:08
the situation is difficult ... the period of the pandemic high risks
Jan 13, 2021 at 07:19
UweMoench posted:
Unrealistic expectation causes a lot of problems. Being professional is not that easy. Most people behave unprofessionally. Within few days or months they want to make their capital double in possible least time. If you can make yourself professional you can make money.
Exactly, its high time people understand forex is not any scheme to get rich quick. It requires a lot of knowledge and hard work to be able to be profitable. Honestly, that takes years, so we have to practice and work hard for that.
Jan 22, 2021 at 12:02
It’s not easy to make your trades work for you. It’s not what you see on social media. You have to put a lot of effort and control your emotions in order to make your trades work for you. Make sure that you don’t set unnecessary expectations in the market and end up disappointing yourself.
Jan 22, 2021 at 12:34
If anyone wants to trade for living, he should focus on developing skills. It's not like that you came and traded demo for few months and learned some strategies and you will be make good money. Noooo. A person needs to spend years to get skilled both technically and psychologically. Only then trading for living is possible.
Mitglied seit Jul 23, 2020
696 Posts
Mar 04, 2021 at 13:58
Try to achieve what is possible. Set your trading goal according to your trading ability.
Mitglied seit Jan 01, 2021
11 Posts
Mar 31, 2021 at 10:02
Yes and I think there should be some boundaries that the trader sets for himself. Creating a professional mindset also helps a lot.
Mar 31, 2021 at 15:02
@nancyadams yes you are right. There should be self made boundary. A trader needs to find out his strength and weakness. Then trade based on strength while working on weakness.
Mitglied seit Jul 23, 2020
816 Posts
Mar 31, 2021 at 17:35
nancyadams posted:
Yes and I think there should be some boundaries that the trader sets for himself. Creating a professional mindset also helps a lot.
Traders also need a proper trading goal and work hard to achieve it.
Mitglied seit Jun 21, 2021
21 Posts
Sep 24, 2021 at 05:39
LyudmilLukanov posted:
Traders also need a proper trading goal and work hard to achieve it.
True. Without a goal, one will not be clear as to what one wants to achieve.
Mitglied seit Aug 10, 2021
172 Posts
Sep 24, 2021 at 05:51
It's the main problem for novice traders in forex markets not to use capital management and lack of good knowledge in trading style through capital management in the forex market, and when we discuss capital management, we will discuss maintaining a steady plan and a clear plan for trading and managing capital. The plan is quite strong and the daily movement of trade continues in the global financial markets, in which the risk is very high until the profit is huge.
Sep 25, 2021 at 15:58
I don't understand why there are so many people who have the assumptions that trading is easy and doesn't require any skills or knowledge. Trading forums are full of precautions that you need to learn and work hard in order to gain at least some profits from trading. However, naive people are confident that they are special and the can do everything without pulling their efforts to it.
Mitglied seit Jun 07, 2021
70 Posts
Sep 27, 2021 at 09:37
Unrealistic expectations cause more harm than just financial loss but also psychological stress and depression. Many novice traders believe that there is a secret recipe to turning $100 into thousands in days or even hours, but the reality is that the vast majority of "rocket science" strategies are just scams.
