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Let's Talk Trading

maria_taylor
Jun 15 2018 at 07:41
40 postów
Mohammadi posted:
Honestly speaking, Earning is Forex is not easy at all. There is too many who loses money simply because they take it lightly. They think knowing minimum knowledge about Forex is good to kick off trading right away. They think they can earn good amount of money in here. But one thing I want to say in order to my trading experience , in Forex trading you like digging a hole, the deeper you dig the more chance its can turn into a well and get water.

You are absolutely true, earning in Forex is not a cake-walk. It seems easy till the time you don't start trading, once you jump in the real world then you face the reality that it is not as easy to make consistent profits as it seem before.
Consistency comes after a lot of experience.

Adribaasmet
Jun 17 2018 at 14:21
951 postów
maria_taylor posted:
Mohammadi posted:
Honestly speaking, Earning is Forex is not easy at all. There is too many who loses money simply because they take it lightly. They think knowing minimum knowledge about Forex is good to kick off trading right away. They think they can earn good amount of money in here. But one thing I want to say in order to my trading experience , in Forex trading you like digging a hole, the deeper you dig the more chance its can turn into a well and get water.

You are absolutely true, earning in Forex is not a cake-walk. It seems easy till the time you don't start trading, once you jump in the real world then you face the reality that it is not as easy to make consistent profits as it seem before.
Consistency comes after a lot of experience.


Here more than 90% traders are unable to make money. That means, Forex is not any shortcut way of money earning. Never & ever.

Chachingggg
Jun 27 2018 at 12:40
12 postów
I wouldn't say 'never & ever'. Some people can make a living from forex. It is just hard to do that and most people fail. just like most people are not smart enough to be a doctor

Danish54
Aug 12 2018 at 05:28
5 postów
Chachingggg posted:
I wouldn't say 'never & ever'. Some people can make a living from forex. It is just hard to do that and most people fail. just like most people are not smart enough to be a doctor

Right there are lot of people who are making their living from forex, but it is not so easy. In my opinion there is no profession in this world which will let you earn money easily. Efforts and hard work are required to be successful whether it is forex or anything else.

pmichael
Sep 03 2018 at 08:37
10 postów


Here more than 90% traders are unable to make money. That means, Forex is not any shortcut way of money earning. Never & ever.
Definitely there is no short cut of success in forex. If you actually want to get success then you have to pull up your socks.

korson
Sep 05 2018 at 07:48
12 postów
Adribaasmet posted:
maria_taylor posted:
Mohammadi posted:
Honestly speaking, Earning is Forex is not easy at all. There is too many who loses money simply because they take it lightly. They think knowing minimum knowledge about Forex is good to kick off trading right away. They think they can earn good amount of money in here. But one thing I want to say in order to my trading experience , in Forex trading you like digging a hole, the deeper you dig the more chance its can turn into a well and get water.

You are absolutely true, earning in Forex is not a cake-walk. It seems easy till the time you don't start trading, once you jump in the real world then you face the reality that it is not as easy to make consistent profits as it seem before.
Consistency comes after a lot of experience.


Here more than 90% traders are unable to make money. That means, Forex is not any shortcut way of money earning. Never & ever.

Absolutely right! it is not any short cut to make money. just like any other profession forex also demands for passion, hard work and patience.

Scotty888
Sep 05 2018 at 10:49
12 postów
Even with 'passion, hard work and patience' there is a lot of luck involved. I don't mean luck in trading but luck in finding the right resources and luck in using the right trading strategy. There is so much junk out there it is easy to get on the wrong path

estraub
Sep 05 2018 at 14:26
23 postów
pmichael posted:


Here more than 90% traders are unable to make money. That means, Forex is not any shortcut way of money earning. Never & ever.
Definitely there is no short cut of success in forex. If you actually want to get success then you have to pull up your socks.
Actually since the ESMA regulations have been enacted - the brokers have disclosed their win/loss percentages.
Out of all EU traders the average win/loss is 76% loss / 24% win
What I want to know is who takes all the money from the losers?

Beeswax
Sep 06 2018 at 10:32
7 postów
estraub posted:
pmichael posted:


Out of all EU traders the average win/loss is 76% loss / 24% win



Interesting stat. Where it from? Does that mean 76% of accounts lose or 76% of trades?

ComebackKing
Sep 06 2018 at 14:58
37 postów
Chachingggg posted:
I wouldn't say 'never & ever'. Some people can make a living from forex. It is just hard to do that and most people fail. just like most people are not smart enough to be a doctor


Being a doctor is likely much easier than being a consistently profitable trader. There are schools where you go to study medicine and the people actually want you to succeed. There is no such thing in trading, Forex or elsewhere. Yes, there are prop firms who might hire you and some might actually want you to succeed but most could not care less. There are some people and programs that will teach you things about markets but there are many more scammers than there are honest people.

Imagine trying to pick a medical school but knowing that 90% of them will just scam you out of your money with only 10% actually teaching you properly. That's what you're up against with trading, maybe even worse odds.

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