There is no short cut

Definitely! Becoming a successful forex trader demands time and persistence. Many new traders who come with the hope of making quick profits ignore the notion that becoming a successful trader is hard work and can take years. If you are new to forex trading, please take time to educate yourself first and then expect something in return.

Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.

We therefore can see that sometimes, little information is enough to express something very detailed. If we go back to trading, an information like open/high/low/close prices is also very little information and we get 'some' idea what is going on in the chart!

UweMoench posted:
There is no short cut to success. In short time anyone can get some temporary success but for sustainable success, it needs time. But most traders do not try to understand this simple fact. They live in fool's Paradise. They want to make quick money without necessary skills and knowledge.

You are absolutely right on the note that there is no short cut. If we want to be successful in any business, we must devote to work hard, be patient and sensible. Forex trading needs us be more patient, more hard working and more sensible since it is a business of cleaver people.

People who succeed in any field do not have the choice of a shortcut. There is no short path to success but if you work hard enough and do it smartly, you can cover the distance in less time. Try to give as much time to learning and practising as you can.

Traders who go for shortcuts are the ones who fail. Forex trading can be highly risky, and you can suffer big losses if you don’t come with the proper plan and commitment.

A trader should try to learn something in detail because there is no space of short-cut. Short-cut leads to losses and makes learning fully incomplete. In Forex, there is a bulk of things to learn so there is no way to make a cut short. Better learning will deliver you a better profit. So, rely on learning rather relying on haphazard trading.

Yes, it is crystal clear that there is no short-cut in trading. Traders have to learn everything deeply and should take guidance from professional traders. Newbies should work on all points which are related with trading and should develop the sense of maintaining patience and following a plan.

The only way you can trade successfully is if you are willing to learn through experience, over time. There is no shortcut. It's a tough market and you need to develop patience to stay.

To be successgful at Trading a significant amount of time and work is required. It is impossible to achieve consistent success in a short period of time.

Success in trading takes time and a lot of effort. It is unrealistic to expect to become successful in forex trading overnight. You must dedicate time to learning more about trading and must practise frequently.

It’s true that there is no shortcut in forex trading because trading is not an easy job. It requires a lot of effort and hard work. That is why traders should dedicate their time to learning and have patience because better learning and patience leads to better results.

Shortcuts may give profits at the moment but for achieving long-term success traders need to learn and study forex trading diligently. .

I always relate forex to the famous saying “Rome wasn’t built in one day.”
It takes a lot of time (months and years) to develop your skills and become disciplined. Forex trading is definitely one long journey, but worth it!

It doesn't help that we live in a society that craves instant gratification. Everything is now now now and few have the patience to see something through that they have to work for.

Yes, there is no shortcut to success. When it comes to trading your daily trading plan and strategies will only help you to get consistent success.

KnowFinance posted:
There is no shortcut to make profits. All you need is patience and consistency in learning.

Well Said, there is nothing like short-cut way in Forex! I see, which traders try to make quick money here; end of the day they lose their capital!

generally traders always fall a great trouble when they try to bring profit with high leverage. this is a common beginner mistake

To be very honest, there is no alternative to maintaining risk-management policy to avoid trading risks to a certain extent. Risk is a threat to survival. Traders should maintain a balanced risk-management policy so that trading doesn’t become risky for you. Lowering trading leverage and using low-spread trading pairs are part of risk management.