Forex is a pure hard work. You have to put in long hours of study and analysis to be successful in this business. But there is no shortcut to success. You have to work hard and be patient to achieve your goals in forex trading.
There is really no shortcut that legit works in forex trading. Many people choose indicators, signals, EAs and bots, hoping that they will make an easy win in the market. But the truth is neither of them work solely. The basis of trading forex - trading psychology, analysis of price chart pattern (technical analysis), fundamental analysis, and risk management, if these are not present, then the trader cannot ever win in the market in the long run.
Those who are looking for shortcuts in trading fail miserably. There is an entire process of becoming successful in forex trading, which if you ignore will lead to losses sooner or later. Just don’t try to skip the learning part for the money because you may earn a decent amount, but that will be in the short run. To earn in the long run, learning and practicing are paramount.
There is no shortcut to success , someone said it rightly that -’ Hard work in trading comes in the preparation. The actual process of trading, however, should be effortless.’ In order to become perfect one has to give time to learn the Forex market.
Becoming rich is not everyone’s cup of tea and I hope everyone knows that. You must not forget this when you start your forex trading career. Know that you will have to work hard to achieve your financial goals.
forextrader777 posted: Forex is not easy. You have to cover the long road in order to achieve something.
Yes, no shortcut in FX trading, all needs the process, but in forex trading, there are two types of investors, traders,s and investors, trader they make money from trading relying skills, investors looking manager account to give trading capital to get profit sharing, they looking best PAMM manager account.
Traders have assumptions about the market that are not true at all. One of those assumptions about the market is how easy it is going to make money in forex. Because of this mindset, traders look for shortcuts or holy grail in trading. However, there are no such shortcuts. Be consistent with learning. The result will come in time.
There is no quick fix. Trading in the financial markets is like running your own business. To become profitable, you need trading funds, a trading strategy, strong risk & money management, and appropriate mindset.
The key to understanding the trading process is by studying the market sentiment closely. Increase knowledge and skill as you move further in your journey. If you try to find a shortcut to making profit, you may end up losing half or maybe all your capital. Try to be patient.
Forex trading shortcuts can cost you more in the long run and are very challenging to escape from. Not a get-rich-quick scheme, forex trading is a profession. To be successful in the market, you must be ready to research the market and develop your skills.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.