Very tough business.

Forex trading is really very tough business in the world for the Forex traders. But in spite of being so tough for earning money unlimited people do interested in this business. If you want to do trading in Forex you have to enough skilled at all. The traders who are very skilled and experienced can achieve his trading success early and easily. Without good trading skill you can only loss.

If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

kamikazebogeyman posted:

finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

People fail not because they are not prepared, they fail because they are not talented/smart/disciplined enough. Do you think that everyone who is prepared for a long journey eventually makes it? Thats nonsense.

The fact is that most people are just not suited for FX business, just like most people are never going to make it in professional sports. They can invest as much time and energy into it but if they dont have certain qualities, they are never going to make it no matter how hard they try. So telling people that they will make it if they just put enough effort into it is the worst advice you can give.

kamikazebogeyman posted:

finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

Really; which traders start their trading with a short term target; they suffer a lot; but no way without a proper game plan.

AniLorak posted:

kamikazebogeyman posted:

finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

Really; which traders start their trading with a short term target; they suffer a lot; but no way without a proper game plan.

I think; the scammers are also responsible on this issue; you may notice the social media is full of unrealistic trading (trading result’s) screenshot; so new traders start with a wrong plan!

Agree on your opinion about social media! This is why, I don’t follow unnecessary facebook pages on Forex trading; especially the signal pages!

AniLorak posted:
Agree on your opinion about social media! This is why, I don’t follow unnecessary facebook pages on Forex trading; especially the signal pages!

True, this media had a big effect on how traders decide, better to stay away from the not so genuine ones.

AniLorak posted:
Agree on your opinion about social media! This is why, I don’t follow unnecessary facebook pages on Forex trading; especially the signal pages!

Perfect; you took the right decision; following the own trading analysis is the best practice!

sjkhaushu posted:

kamikazebogeyman posted:

finnishpension posted:
If I knew how tough it would be before I started then I would probably have done something else. I am in too deep now to get our though

Keep going. Don't give up now. You can make it in the end. Forex is tough but people fail because they are not prepared for the long tough journey but at the end of the road is the promised land

People fail not because they are not prepared, they fail because they are not talented/smart/disciplined enough. Do you think that everyone who is prepared for a long journey eventually makes it? Thats nonsense.

The fact is that most people are just not suited for FX business, just like most people are never going to make it in professional sports. They can invest as much time and energy into it but if they dont have certain qualities, they are never going to make it no matter how hard they try. So telling people that they will make it if they just put enough effort into it is the worst advice you can give.

I totally agree with you.

I'm in forex since 2003 ... About 11 years ago, I resigned from my daily salary work as PhD holder and work full time in forex.
I feel the total freedom.

I have been lucky because I have been C/C++ professional coder, so, in few days I started doing mql4. This helps me a lot to get good contacts with people who are having special minds to think differently to code their ideas and exchange ideas in not ordinary way.

16 years of working in forex opened many streams for me to get more profit from forex, like IB, paid coding, self trading, marketing my EAs, sometimes managing bigger capital accounts, marketing my EAs.

But always bigger profit I do from self trading and IB.

Forex is very big and wide opened door, but sadly it's not easy for everyone to pass it.

So, be patient, learn, don't be greedy. Play it the wise way.

Yes this is very true. Forex is a very tough business which is not for everyone. The rewards can be great though.

according to me, Forex is just an addiction , so many times i quit on Fx but after passing sometime again have started trading , its a love about this stock market.

Indeed! Forex is great only if you understand it nicely. Otherwise its not that a good idea.

steveday1976 posted:
Yes this is very true. Forex is a very tough business which is not for everyone. The rewards can be great though.

Yes, rewards are great, but depending on what preparation has the beginner done before starting to trade.

richard2 posted:
Indeed! Forex is great only if you understand it nicely. Otherwise its not that a good idea.

True, you need to get a really understanding, otherwise you have no chance.

learning is the main job for novice traders, and they should start their learning from technical-fundamental-sentimental! If they start from sentimental then they would lose their momentum so easily! I see, generally all of novice traders are too hurry, so please don’t expect here instant result!

According to our trading experience we the traders select our trading strategy. Actually credible trading broker does not restrict any kinds of trading strategies with scalping and hedging we should choose this kinds of brokers.

If you have been in forex trading from long time you must know it’s not as easy as people think if you want to make your life easier and less stressful don’t geek out on the math make things easy for you to understand focus on predictable means famous and cheap pairs

Imamul posted:
according to me, Forex is just an addiction , so many times i quit on Fx but after passing sometime again have started trading , its a love about this stock market.

it happens with most of the people, its indeed an addiction