Yes, you are right, most traders try to make a lot of money from Forex in a short time. As a result, they lose their important investment. It is possible to make a lot of profit from trading but to do that you must maintain discipline. You have to trade according to the plan. And you always have to maintain risk. If you can trade in this way, you can be satisfied with some profit at the end of the month.
Most of the new traders make mistakes to choose their trading broker. A good and reliable broker can make you rich. On the other hand a wrong or fake broker can put you in great danger in the forex market. So, be careful of choosing a broker.
That’s true. I think a lot of beginners skim the details and rush to open an account with little to no demo practice or education. People think it’s so easy and then just get bored of it when they realize how much goes into it.
HeavLeighGill26 posted: That’s true. I think a lot of beginners skim the details and rush to open an account with little to no demo practice or education. People think it’s so easy and then just get bored of it when they realize how much goes into it.
Yes, and that is why I always keep on repeating this thing to my fellow traders that trading is an art and skill both, it only comes when you practice practice practice and practice....
It is true that most new traders start trading with the hope of becoming rich instantly but this is not something that can be achieved this easily. Making money through trading takes time and effort. A trader must be knowledgeable enough to make profitable decisions. And it is not just about making more money but also about protecting their capital when in the market.
@Kazile i agree, many new age traders ignore this issue, they think they have all the information and skill that is required to make quick bucks and go for a live account straightaway which then results in losing quick big bucks because they didn't do their proper market research and don't make use of demo accounts.
Michihito posted: Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.
ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores.
El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo.
Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda.
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