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New traders become restless
Dec 15, 2020 at 15:51
Membre depuis Jul 19, 2020
posts 749
New traders become restless to make money. All day long they try to find out new entry. Even their night is sleepless. But the fact is to make money in trading you need a calm and relaxed mind. When I was new I was also in a hurry to make money. It's because most of the time we are given wrong information about trading. Like making money is vey easy here.
Membre depuis Jul 20, 2020
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Membre depuis Oct 26, 2020
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Dec 22, 2020 at 12:08
Membre depuis Nov 03, 2020
posts 72
The moment they hear that you can make profit in trading, they will just rush in opening an account without thinking what to consider and where to start from. And just because of that they will become restless and will no sooner misuse their accounts and funds resulting in wiping the account.
Membre depuis Oct 29, 2020
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Membre depuis Jul 23, 2020
posts 696
Jan 16, 2021 at 17:57
Membre depuis Jul 23, 2020
posts 696
unsightlydray posted:
Yes, they are always in a rush to make more and more money and get rich quickly. But forex doesn’t work that way and you’re right, a calm and composed mindset is very important to trade well.
I also agree with you. Forex is not a money-making machine. Those who have proper skill and knowledge can make money.
Membre depuis Jul 20, 2020
posts 286
Jan 22, 2021 at 13:18
Membre depuis Jul 19, 2020
posts 749
Short term traders lose more money than long term mind. The reason behind this is short term trader are less disciplined. Actually the 90% traders are not disciplined. They ignore the psychological aspects of trading. They run for a 100% proven system which actually doesn't exist.
Membre depuis Feb 04, 2021
posts 32
Feb 17, 2021 at 11:45
Membre depuis Feb 04, 2021
posts 32
When I was a beginner, I always used to be in a hurry of placing trades. I wanted quick profits. But after losing some trades, I realized that the forex market demands patience. Only those who trade with proper knowledge and patience can become successful traders.
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Dec 01, 2021 at 19:20
Membre depuis Aug 05, 2021
posts 394
I think that it definitely is made out to be that money comes easy to forex traders when it's really a lot harder. In the beginning, it's actually more important to focus on not losing money versus making a certain profit. Too bad that everyone can't start with that knowledge because it would save some heartache.

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