Unrealistic expectation causes a lot of problems. Being professional is not that easy. Most people behave unprofessionally. Within few days or months they want to make their capital double in possible least time. If you can make yourself professional you can make money.
People believe what they see on social media from people who don't even trade too much. That's half the issue.
If you can't spot the liquidity then you are the liquidity.
Jan 12 2021 at 20:08
the situation is difficult ... the period of the pandemic high risks
UweMoench posted:Exactly, its high time people understand forex is not any scheme to get rich quick. It requires a lot of knowledge and hard work to be able to be profitable. Honestly, that takes years, so we have to practice and work hard for that.
Unrealistic expectation causes a lot of problems. Being professional is not that easy. Most people behave unprofessionally. Within few days or months they want to make their capital double in possible least time. If you can make yourself professional you can make money.
It’s not easy to make your trades work for you. It’s not what you see on social media. You have to put a lot of effort and control your emotions in order to make your trades work for you. Make sure that you don’t set unnecessary expectations in the market and end up disappointing yourself.
If anyone wants to trade for living, he should focus on developing skills. It's not like that you came and traded demo for few months and learned some strategies and you will be make good money. Noooo. A person needs to spend years to get skilled both technically and psychologically. Only then trading for living is possible.
In short - Unrealistic expectation causes only troubles.
If there is a lot to ask from the forex market, it is very difficult to get it. Because you will get something good only when you can maintain proper risk and money management.
Unrealistic expectations are just emotions. People expect to get rich over the night through trading, but unfortunately, markets never work like that.
You’re right. Having some unrealistic goals and expectations becomes problematic for people and they keep struggling to fulfil them.
Mar 04 2021 at 08:27
Better to trade as honestly with all the hard work instead of forming unrealistic goals and expectations. Doesn’t help anyone really.
Mar 04 2021 at 13:58
Try to achieve what is possible. Set your trading goal according to your trading ability.
Mar 08 2021 at 11:23
Every trader whether they are new or experienced should focus on finding ways on how they can enhance their trading, it is not worth having unrealistic expectations if your main goal is not to be dedicated towards building knowledge and earning profits.
Mar 31 2021 at 10:02
Yes and I think there should be some boundaries that the trader sets for himself. Creating a professional mindset also helps a lot.
Mar 31 2021 at 10:54
it only causes disappointment and loss of capital.
The more your practice, the more you learn.
@nancyadams yes you are right. There should be self made boundary. A trader needs to find out his strength and weakness. Then trade based on strength while working on weakness.
Mar 31 2021 at 17:35
nancyadams posted:Traders also need a proper trading goal and work hard to achieve it.
Yes and I think there should be some boundaries that the trader sets for himself. Creating a professional mindset also helps a lot.
Unrealistic expectations causes disappointment and bad results.
Sep 24 2021 at 05:39
LyudmilLukanov posted:True. Without a goal, one will not be clear as to what one wants to achieve.
Traders also need a proper trading goal and work hard to achieve it.
Sep 24 2021 at 05:51
It's the main problem for novice traders in forex markets not to use capital management and lack of good knowledge in trading style through capital management in the forex market, and when we discuss capital management, we will discuss maintaining a steady plan and a clear plan for trading and managing capital. The plan is quite strong and the daily movement of trade continues in the global financial markets, in which the risk is very high until the profit is huge.
