Very tough business.

Sep 08, 2019 at 07:50
7,830 Angesehen
173 Replies
Mitglied seit Jun 29, 2019   65 Posts
Sep 08, 2019 at 07:50
Forex trading is really very tough business in the world for the Forex traders. But in spite of being so tough for earning money unlimited people do interested in this business. If you want to do trading in Forex you have to enough skilled at all. The traders who are very skilled and experienced can achieve his trading success early and easily. Without good trading skill you can only loss.
Mitglied seit Sep 09, 2019   11 Posts
Sep 09, 2019 at 11:19
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though
Mitglied seit Sep 10, 2019   10 Posts
Sep 10, 2019 at 09:53
finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land
Mitglied seit Mar 09, 2018   143 Posts
Sep 10, 2019 at 09:59
kamikazebogeyman posted:
finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land


People fail not because they are not prepared, they fail because they are not talented/smart/disciplined enough. Do you think that everyone who is prepared for a long journey eventually makes it? Thats nonsense.

The fact is that most people are just not suited for FX business, just like most people are never going to make it in professional sports. They can invest as much time and energy into it but if they dont have certain qualities, they are never going to make it no matter how hard they try. So telling people that they will make it if they just put enough effort into it is the worst advice you can give.
Mitglied seit Apr 18, 2017   920 Posts
Sep 28, 2019 at 15:51
kamikazebogeyman posted:
finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

Really; which traders start their trading with a short term target; they suffer a lot; but no way without a proper game plan.
Mitglied seit Aug 27, 2017   994 Posts
Sep 29, 2019 at 12:22
AniLorak posted:
kamikazebogeyman posted:
finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

Really; which traders start their trading with a short term target; they suffer a lot; but no way without a proper game plan.

I think; the scammers are also responsible on this issue; you may notice the social media is full of unrealistic trading (trading result’s) screenshot; so new traders start with a wrong plan!
Mitglied seit Apr 18, 2017   920 Posts
Oct 27, 2019 at 16:18
Agree on your opinion about social media! This is why, I don’t follow unnecessary facebook pages on Forex trading; especially the signal pages!
Mitglied seit Oct 19, 2019   34 Posts
Oct 31, 2019 at 07:31
AniLorak posted:
Agree on your opinion about social media! This is why, I don’t follow unnecessary facebook pages on Forex trading; especially the signal pages!
True, this media had a big effect on how traders decide, better to stay away from the not so genuine ones.
Mitglied seit Aug 27, 2017   994 Posts
Oct 31, 2019 at 15:13
AniLorak posted:
Agree on your opinion about social media! This is why, I don’t follow unnecessary facebook pages on Forex trading; especially the signal pages!
Perfect; you took the right decision; following the own trading analysis is the best practice!
Mitglied seit Sep 16, 2009   190 Posts
Oct 31, 2019 at 17:48
sjkhaushu posted:
kamikazebogeyman posted:
finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land


People fail not because they are not prepared, they fail because they are not talented/smart/disciplined enough. Do you think that everyone who is prepared for a long journey eventually makes it? Thats nonsense.

The fact is that most people are just not suited for FX business, just like most people are never going to make it in professional sports. They can invest as much time and energy into it but if they dont have certain qualities, they are never going to make it no matter how hard they try. So telling people that they will make it if they just put enough effort into it is the worst advice you can give.

I totally agree with you.

I'm in forex since 2003 ... About 11 years ago, I resigned from my daily salary work as PhD holder and work full time in forex.
I feel the total freedom.

I have been lucky because I have been C/C++ professional coder, so, in few days I started doing mql4. This helps me a lot to get good contacts with people who are having special minds to think differently to code their ideas and exchange ideas in not ordinary way.

16 years of working in forex opened many streams for me to get more profit from forex, like IB, paid coding, self trading, marketing my EAs, sometimes managing bigger capital accounts, marketing my EAs.

But always bigger profit I do from self trading and IB.

Forex is very big and wide opened door, but sadly it's not easy for everyone to pass it.

So, be patient, learn, don't be greedy. Play it the wise way.
... oshaban ... skype: oshaban27 ...
Mitglied seit Mar 03, 2019   57 Posts
Nov 02, 2019 at 16:41
Yes this is very true. Forex is a very tough business which is not for everyone. The rewards can be great though.
Mitglied seit Aug 09, 2017   785 Posts
Nov 05, 2019 at 10:03
according to me, Forex is just an addiction , so many times i quit on Fx but after passing sometime again have started trading , its a love about this stock market.
Mitglied seit Oct 19, 2019   38 Posts
Nov 06, 2019 at 07:53
Indeed! Forex is great only if you understand it nicely. Otherwise its not that a good idea.
Mitglied seit Oct 08, 2019   25 Posts
Nov 07, 2019 at 09:39
steveday1976 posted:
Yes this is very true. Forex is a very tough business which is not for everyone. The rewards can be great though.
Yes, rewards are great, but depending on what preparation has the beginner done before starting to trade.
Mitglied seit Mar 03, 2019   57 Posts
Nov 07, 2019 at 15:45
richard2 posted:
Indeed! Forex is great only if you understand it nicely. Otherwise its not that a good idea.
True, you need to get a really understanding, otherwise you have no chance.
Mitglied seit Aug 09, 2017   785 Posts
Nov 12, 2019 at 09:21
learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!
Mitglied seit Aug 11, 2017   886 Posts
Nov 18, 2019 at 09:48
According to our trading experience we the traders select our trading strategy. Actually credible trading broker does not restrict any kinds of trading strategies with scalping and hedging we should choose this kinds of brokers.
Mitglied seit Oct 24, 2019   45 Posts
Nov 18, 2019 at 11:50
If you have been in forex trading from long time you must know it’s not as easy as people think if you want to make your life easier and less stressful don’t geek out on the math make things easy for you to understand focus on predictable means famous and cheap pairs
Revenue is vanity, profit is sanity, but cash is king
Mitglied seit Aug 02, 2018   5 Posts
Nov 19, 2019 at 07:39
Imamul posted:
according to me, Forex is just an addiction , so many times i quit on Fx but after passing sometime again have started trading , its a love about this stock market.
it happens with most of the people, its indeed an addiction
Mitglied seit Nov 05, 2019   10 Posts
Nov 20, 2019 at 10:30
45656 posted:
Forex trading is really very tough business in the world for the Forex traders. But in spite of being so tough for earning money unlimited people do interested in this business. If you want to do trading in Forex you have to enough skilled at all. The traders who are very skilled and experienced can achieve his trading success early and easily. Without good trading skill you can only loss.

Keep going, my friend. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey you must have to learn it properly before starting trade. Earlier on you should create a demo account and practice more and more.
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