Never try to assume what others are doing. It makes us competitive and as a result we try to accomplish more than our capabilities. It entirely depends on your trading skills and many other things. Be realistic in your expectations. Do trading according to your strength. And yes if you are skilled you can make good return of investment.
It is not right to expect anything extra. A system of everything, you have to take action according to that system. If you want to trade, you have to try to make money according to the plan and investment. If you try to make extra money without doing that, you will never be able to make a consistent profit.
Forex trading is very risky and to make this risky business easy you need proper money management and trading plan. A lot of information and research is needed. Many traders join trading without learning anything and later lose out from the market due to losses and are discredited in the name of Forex trading. Trading Objectives Here it is impossible to make a profit if greed is predominant without patience.
You have to learn trading to make a profit. If you don't learn, you can never make a profit. Another thing is the test of patience. It is not possible to go ahead in trading without patience. Every trader's emotions should be controlled.
Yes every person has their own strategy, don’t compare yourself with others, keep your knowledge updated and make a good trading strategy, stick to your plan. Don’t follow others and keep your emotions under control.
Sarjohn posted: Yes every person has their own strategy, don’t compare yourself with others, keep your knowledge updated and make a good trading strategy, stick to your plan. Don’t follow others and keep your emotions under control.
Those are good trading tips. Every person is different. So, try to trade with your own thought.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.