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Unrealistic expectation causes
Mitglied seit Mar 16, 2021
447 Posts
Sep 30, 2021 at 02:45
One should never think unrealistically in the forex market. Such thinking can reduce the trading profit ratio.
Oct 17, 2021 at 12:55
whitneytyler posted:
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.
This 100 into thousands expectation is caused by the fake marketers and this is one of the biggest problems inn this sphere.
momchil_slavov@
Mitglied seit Jun 21, 2021
21 Posts
Oct 18, 2021 at 10:34
Unrealistic expectations only bring disappointment.
Mitglied seit Mar 17, 2021
494 Posts
Oct 18, 2021 at 10:51
LukeRachel posted:
One should never think unrealistically in the forex market. Such thinking can reduce the trading profit ratio.
Yes. It may put him in great danger.
Mitglied seit Aug 05, 2021
394 Posts
Oct 18, 2021 at 12:42
The whole get rich quick idea tricks a lot of people. The traders that are actually doing a good job probably still feel like they’re failing if they’re giving themselves a goal to make x amount of money by a certain date.
Mitglied seit Mar 16, 2021
447 Posts
Oct 20, 2021 at 01:23
SteveHanks posted:LukeRachel posted:
One should never think unrealistically in the forex market. Such thinking can reduce the trading profit ratio.
Yes. It may put him in great danger.
Of course. I need to be flexible with the market. And you always have to work with positive thinking.
Mitglied seit Jun 14, 2021
51 Posts
Oct 27, 2021 at 04:26
A trader should have realistic expectations when they enter the forex market. If you are not taking it seriously, then it can cause you grave loss.
Mitglied seit Jul 20, 2020
385 Posts
Dec 10, 2021 at 08:31
Jungle78 posted:
Its the IG posers and TIk Tok clowns that cause younger traders to trade without proper education and grounding .
Its all flash and unrealistic expectations.
Winning trades comes firstbthen money follows
Very true, its all about trusting the process and the money being a by product of the work you have put in. It is so key to make sure you are disciplined and then you can really reach amazing heights
Dec 12, 2021 at 10:30
Jungle78 posted:
Its the IG posers and TIk Tok clowns that cause younger traders to trade without proper education and grounding .
Its all flash and unrealistic expectations.
Winning trades comes firstbthen money follows
The fake marketers are one of the biggest problems for sure but sadly there`s no solution to this problem.
momchil_slavov@
Mitglied seit May 19, 2020
321 Posts
Dec 15, 2021 at 13:13
Target setting must be justified by the trading plan. Do not set yourself impossible tasks, because this will lead to psychological problems in the future and to the loss of trading stability.
@Marcellus8610
Mitglied seit Jul 20, 2020
385 Posts
Dec 15, 2021 at 16:55
MarcellusLux posted:
Target setting must be justified by the trading plan. Do not set yourself impossible tasks, because this will lead to psychological problems in the future and to the loss of trading stability.
Completely agree, its so important to have every aspect taken care of in the plan. It makes things so much easier which is important for long term sustainability in trading. Too many decision and too many contradictions will lead to burn out
Mitglied seit May 19, 2020
321 Posts
Dec 17, 2021 at 11:10
On the other hand, if you correctly set targets and achieve them, this will greatly affect the trading process, discipline will grow, the trading plan will be more structured, and the results will become more stable. In addition, achieving goals trains the body well through the action of hormones, which are produced as a reward for achievement.
@Marcellus8610
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