Most people become unrealistic

Dec 08, 2020 at 13:29
Vues 3,880
90 Replies
Membre depuis Apr 14, 2022   posts 34
May 02, 2022 at 11:25
Some people trade forex in the hopes of becoming wealthy overnight. However, this is not the case. Because trading forex isn't easy, you must have a strong understanding of the market and should initially practise on a demo account to acquire useful skills.

Membre depuis Apr 14, 2022   posts 41
Jun 03, 2022 at 11:38
Most people become unrealistic when they begin to trade in forex. Most of them think that forex trading is easy and start expecting to become rich in no time but forex is a long-term game that requires proper knowledge and patience to become successful in this market.
Membre depuis Mar 31, 2021   posts 229
Jun 03, 2022 at 14:11
Mpst of people unrealistic at all. Even in business. Not only forex. But at forex there're a lot of those who don't understand the risks. Most of all they don't even know what the risks are these... And they lost. And they angree. And they blame everybody in this.
Think thrice before opening an order
Membre depuis May 24, 2022   posts 23
Jun 07, 2022 at 12:27
True. Trading is not a source of getting rich overnight. Many new traders enter the market with this misconception and eventually fail to make profits.
Membre depuis May 24, 2022   posts 28
Jun 08, 2022 at 05:21
Mostly new traders are unrealistic because they get too influenced by the lucrative advertisements by some scam brokers. They think of the market to be an easy place to make money and often make wrong trading decisions.
Membre depuis Jun 02, 2022   posts 32
Jun 10, 2022 at 08:25
I must say that scams are doing a great job. They are alluring new traders into believing how easily they can get through trading and make some good money. Such traders often become unrealistic because who doesn’t want to make money?
Membre depuis Jun 02, 2022   posts 23
Jun 10, 2022 at 09:39
Being unrealistic is a sign of an uneducated trader. A trader who has studied well won’t ever expect the market to give free money. He will rather work on his strategy to make profits.
Membre depuis May 30, 2022   posts 27
Jun 13, 2022 at 09:20
Most of the people are often in the myth that they’ll be earning quick money from forex. It's quite unrealistic to expect overnight success in Forex trading. Similar to other professions, it will require time to master the markets and become profitable in them. Unrealistic expectations regarding trading may do worse than good as traders can commit mistakes while trying to achieve their unrealistic targets. Expectations in forex should be judged with different variables: account size, the timeframe to become successful, and your trading abilities.you cannot expect to become a highly skilled and successful trader with a few months of learning and practice. You always need adequate time to learn the basics, build your strategy, test it, and practice it before you even start live trading. Once trading live, the learning circle starts again. There is simply no shortcut to this process, no overnight success, and no holy grail to become rich quickly.
Membre depuis Mar 11, 2022   posts 1
Jun 13, 2022 at 09:48
i found this very helpful... thank you Meatus
The New Gangsta Is Being Wealthy
Membre depuis Jun 02, 2022   posts 24
Jun 13, 2022 at 10:15
Sublimes posted:
Mostly new traders are unrealistic because they get too influenced by the lucrative advertisements by some scam brokers. They think of the market to be an easy place to make money and often make wrong trading decisions.
The fancy alluring lifestyle showcased by many people think that forex is an easy and quickest way of getting rich. They neglect proper forex education and start trading live directly and eventually fail..
Membre depuis Jun 03, 2022   posts 26
Jun 13, 2022 at 11:45
The most common misconception about forex is that it can make you rich very quickly. But in reality, patience, strategy, and practice are the keys to success. There's no point in expecting too much from the foreign exchange market.
Most people want to make money in Forex without putting in any effort or having any prior knowledge, but this is simply not possible.
Membre depuis Jun 02, 2022   posts 20
Jun 14, 2022 at 12:51
Realistic goals are necessary for a healthy trading session. And moreover, there are no free meals in this world. Unrealistic goals can cause disappointment and eventually lead to quitting.
Membre depuis Mar 11, 2022   posts 38
Jun 15, 2022 at 04:43
Yes, you're correct. The majority of people that enter the Forex market do so in the hopes of making a quick profit, which doesn’t always work.
Membre depuis May 24, 2022   posts 17
Jun 16, 2022 at 10:49
I don’t find it surprising. Anyone can get allured by the mesmerising advertisements that make you believe that you can easily make money in the forex market. But only an intelligent person would be able to use his brain and realise that there is no easy way of making money. Others just fail ultimately.
Membre depuis Jun 03, 2022   posts 17
Jun 16, 2022 at 12:17
I won’t go far. I also got attracted by the social media ads and the lucrative lifestyle of the so-called traders. I was so excited to start my trading career that I put a big amount at risk. The obvious loss (as I can say now) came as a major setback. Just like scammy advertisements, there must be realistic ads too that will help new traders make an informed decision.
Membre depuis Jan 11, 2022   posts 45
Jun 17, 2022 at 06:06
It's natural for people to expect huge things from something when they see a lot of other people getting a lot. People remark about how much money a trader makes without considering the amount of effort they put in previously. New traders must realise that they cannot expect to make large gains right away. To get to that point, you'll need a lot of dedication and consistency.
Membre depuis Apr 18, 2022   posts 51
Jun 17, 2022 at 12:03
It is unrealistic to expect instant success in Forex trading. With only a few months of study and practice, you cannot expect to become a highly skilled and successful trader. Before you begin live trading, you must first learn the fundamentals, develop your strategy, test it, and practise it with a demo account.
Membre depuis Jan 10, 2022   posts 40
Jul 01, 2022 at 05:26
People become unrealistic because they get tempted by the mass amount of money one can make in the forex market. However, they forget that this requires you to put in the hard work as well.Without this realisation, they set up unrealistic goals that don’t yield expected results.
Membre depuis Jan 20, 2022   posts 31
Jul 01, 2022 at 07:01
It is critical to understand that when most people start trading forex, they become unrealistic. They hope to become rich quickly, or perhaps millionaires overnight, but this will almost certainly never happen. Forex is a long-term game where results are achieved overtime if you are patient enough to go through profits and losses without getting overly emotional.
Membre depuis Jun 28, 2022   posts 21
Jul 06, 2022 at 07:37
Sceptical expectations and swinging for the fences when making forex trades can be a downside. Most traders think of having unrealistic gains which are uncertain in this volatile forex market.
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