Unrealistic expectation causes

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.

the situation is difficult ... the period of the pandemic high risks

UweMoench posted:
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.

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.

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.

Try to achieve what is possible. Set your trading goal according to your trading ability.

Yes and I think there should be some boundaries that the trader sets for himself. Creating a professional mindset also helps a lot.

it only causes disappointment and loss of capital.

@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.

nancyadams posted:
Yes and I think there should be some boundaries that the trader sets for himself. Creating a professional mindset also helps a lot.

Traders also need a proper trading goal and work hard to achieve it.

Unrealistic expectations causes disappointment and bad results.

LyudmilLukanov posted:
Traders also need a proper trading goal and work hard to achieve it.

True. Without a goal, one will not be clear as to what one wants to achieve.

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.

I don't understand why there are so many people who have the assumptions that trading is easy and doesn't require any skills or knowledge. Trading forums are full of precautions that you need to learn and work hard in order to gain at least some profits from trading. However, naive people are confident that they are special and the can do everything without pulling their efforts to it.