There is no short cut way.

jonny99 posted:

Brick_56 posted:
Without proper learning, practice and research, nobody can have a successful and consistent career in forex. That's totally right; no shortcut in forex.

Well said. We have to opt an systematical approach. Can't just start real account trading at once.

True, but beginners today are always in a rush. They just want to make money as quickly as possible, due to which they skip the important parts.

Brick_56 posted:

jonny99 posted:

Brick_56 posted:
Without proper learning, practice and research, nobody can have a successful and consistent career in forex. That's totally right; no shortcut in forex.

Well said. We have to opt an systematical approach. Can't just start real account trading at once.

True, but beginners today are always in a rush. They just want to make money as quickly as possible, due to which they skip the important parts.

Well said. That the biggest mistake beginners do. They fail to understand that forex is not a child's play and we need to be really patient and work hard if we want to be profitable.

It would be great for everyone if millions and billions can easily earn in just a few dollars and a few mouse clicks. Unfortunately, not for everyone. Forex trading is tough. It is necessary to spare time and effort. Before start trading, you need to ask yourself if you can commit to it.

I agree with you. There is no shortcut way to make money from this market. You need to have proper knowledge to make money from the forex market.

Success demands proper hard work, skills and passion, without which nobody can get his/her share of success, be it in forex or otherwise. If any trader tries to win out of shortcuts, his winnings, if any, will surely be too short-lived.

yes its an open secret , but after that most of the new Forex traders always find out short cut way to bring profit , but at the end of the day become loser, its a very common story right now.

I agree with you. There is no shortcut way to make money from this market. Most of the traders lose their money trying to earn money quickly. So, make a plan and try to earn money according to the plan.

Yes there is no short cut in forex trading. You have to grow your account gradually over years. You need long term business policy. Otherwise you will be kicked out by the market if you try to do it fast. Have patience and trade.

True! There certainly is no short cut, and overconfidence can be a killer. A lot of people suffer heavy losses because of jumping too fast on live accounts. My suggestion is to spend at least half a year on a simulated trading environment first.

ElliotCooke posted:
I agree with you. There is no shortcut way to make money from this market. Most of the traders lose their money trying to earn money quickly. So, make a plan and try to earn money according to the plan.

Yes, I completely agree with us. Forex is very volatile and one need to have good knowledge about market to earn good profits.

The short cut is to not waste your time with scams and bad trading education sites. Find the best most reputable places and only use them.. That is the best short cut that I can offer

It is unfortunate to see many new traders lose their money in the forex market. The only reason I can see for this is overconfidence and lack of knowledge.

The short cut is to find a pro trader that you can follow or is willing to mentor you. It will be hard but it will be easier and faster than learning on your own

its a good speech you have done really, thanks for your nice reply. its great

like everywhere there is no shortcut to success in forex. one needs to workhard and learn alot of things

I think learning is the fastest way rather gambling or searching for some magical indicators or strategies.