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Most people become unrealistic

UweMoench
Dec 08 2020 at 13:29
posts 751
Most people become unrealistic when come into trading. In any other business with 10$k, people's profit expectation is realistic. But when it comes to forex their expectation soars 10 times or more. That too with being skilled. Most traders even don't know what they are doing.
EbonyJones
Dec 08 2020 at 20:12
posts 232
Most people become frustrated and make wrong decisions. It is not right. Every trader should have patience.
Akos (Akos53435627)
Dec 10 2020 at 13:20
posts 10
Most people think that forex trading is easy and big money. But they get disappointed when they lose soon they lose their account.
Jude_craig
Dec 11 2020 at 06:00
posts 81
People have huge misconceptions regarding forex, the most common one being, getting rich too quick via it. But in reality, its all about being patient, the right strategy and working on skills. No point having unrealistic expectations from forex.
Dictiony
Dec 11 2020 at 09:48
posts 231
Most people want to earn money in Forex without any hard work and knowledge but in long-term trading, it can not be possible to make money without knowledge and plan.
turnipfollow
Dec 18 2020 at 11:06
posts 27
Yes, unrealistic expectations do no good to people while trading. It is better to set a goal that is achievable.
LyudmilLukanov
Dec 18 2020 at 17:19
posts 869
turnipfollow posted:
Yes, unrealistic expectations do no good to people while trading. It is better to set a goal that is achievable.
True. Set a realistic expectation and try to achieve it in demo account first. If you can try in real account then.
AliaDare
Dec 19 2020 at 01:03
posts 788
Yes, you are right. Most people come to Forex trading and try to make an extra profit with little capital which can never be acceptable.
Bela_fx
Dec 19 2020 at 05:56
posts 34
Unrealistic expectations will never give desired profits so better go forward with a sound trading plan.
Elena Triston (ele020)
Dec 22 2020 at 07:25
posts 219
Yes, most people become unrealistic when it comes to forex trading this is because people think it is a short cut to earn money without any knowledge and skill but don’t think about the risk associated with it.
The more your practice, the more you learn.
Gracewilson1995
Dec 22 2020 at 11:44
posts 147
true that, people actually think of becoming rich overnight
ddarko3
Dec 22 2020 at 12:06
posts 70
Weirdly, it will never work out that way. You will need knowledge and understanding everything about forex. And resonating with the strategy to ensure if you can make a profit consistently.
debragonzalez
Jan 15 2021 at 04:05
posts 23
Most people tend to have really high expectations in the beginning and their judgement is clouded by different factors that lead to their downfall. I agree!
CraigMcG2020
Jan 15 2021 at 12:59
posts 399
UweMoench posted:
Most people become unrealistic when come into trading. In any other business with 10$k, people's profit expectation is realistic. But when it comes to forex their expectation soars 10 times or more. That too with being skilled. Most traders even don't know what they are doing.

So true. You need to taper it all back work hard and adjust expectations as you go.
Jim_B
Jan 15 2021 at 18:49
posts 24
Those who strive for implausible returns probably don’t last very long.
LeonRocky3
Jan 15 2021 at 23:00
posts 29
I agree no point thinking you will get rich straight away for ever. Just take your time and be realistic.
Gracewilson1995
Jan 16 2021 at 05:47
posts 147
people becomes unrealistic as they hear the stories from others and start applying the short cuts which is kind of stupid as it is always said there is no shortcut to success.
lurehuh
Feb 11 2021 at 04:27
posts 20
Yes, getting frustrated is one common attribute of people who are unable to get some decent returns on their trades.
epeepillock
Mar 02 2021 at 04:31
posts 15
Yes, that is correct and that leads to their doom in trading. It is always better to keep your expectations lower and then work accordingly. At least for beginners.
Poolut
Jan 13 2022 at 19:25
posts 19
It's true. I believe everything because forex trading is advertised as the easiest activity for earning money and mainly brokers do it. Nowadays, there are lots of opportunities to make money in the internet and actually forex trading is considered to be one of the most hyped activity. That's why people come into trading and believe that they can make millions of dollars daily. However, it's not like that at all. There are no traders who would earn 100% to their deposit in the very first days. It's okay to earn 20-30% to deposit per month, but this result can be reached only due to hard working of a trader.
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