This statement is absolutely correct despite the fact that the Internet is full of different gurus who promise to make you a pro within a week. Success in trading requires lots of time, efforts and patience. Unfortunately, it is next to impossible to gain necessary experience and knowledge within tight deadlines. THat is why you need to take your time and start learning and practising from the very beginning. I wish I could say that everyone can easily achiee that level of expertise which will provide a trader with consistent and stable profits, but it is not so. I don't mean that you need to have some natural talent to that, I mean that you should pull really much effort to it in order to remain afloat in trading. Anyway, everything depends on you and only on you.
Jan 17 2022 at 04:04
Shortcuts in forex trading can get you into more trouble than they're worth and are very difficult to recover from. Forex trading is a profession, not a get-rich-quick scheme. You must be prepared to learn the market and train your skills in order to succeed in this business.
Jan 18 2022 at 05:00
Forex is not a get-rich-quick scheme. There are no shortcuts. You have to do the work. If you are not willing to do the work, then this might not be for you. Trading is challenging, and it takes time, effort and patience to master.
In forex, there is no shortcut, but there are many strategies that will help you to be successful in forex. These include using moving averages, price action, pivot points, and more. Forex trading is challenging yet rewarding. Just remember not to get discouraged by the fluctuations in the market, and stick with a strategy that helps you keep your emotions balanced while you make money.
Jan 19 2022 at 11:18
True. In trading, there are no shortcuts. You can only be fully successful if you have both knowledge and skill.
Jan 19 2022 at 17:15
It should be understood that very few people can be trusted. I don't think it's worth telling what it might lead to in the end.
All traders have to understand this simple truth, that there is no short time success in trading. Everything requires time and experience. I believe that trading activity is similar to other ones. The main distinguishing trait is that trading activity might potentially bring you much more money, rather than other activities. However, not all traders are ready to wait for so long. They would rather give up all the ideas of trading, because i tseems to them so difficult to become successful. Here, all traders decide by their own, whether they are ready to stay durable during a very long time, or they just give up without any efforts.
Shortcuts are often very convincing but in the end they only provide a temporary solution. When it comes to long term success, shortcuts don’t work. In forex trading too, you may find a strategy that you think can make you quick money. This strategy may work for you a few times but if you don’t practice enough you can’t make profits from it.
Jan 31 2022 at 21:27
No shortcuts here im afraid.
Keep practicing stay on demo
Learn market structure journal your trades .
Use proper risk management and max 2% per trade
Keep practicing stay on demo
Learn market structure journal your trades .
Use proper risk management and max 2% per trade
Feb 01 2022 at 02:05
Jungle78 posted:If you want to trade, you have to work with money management and plan. Risk management should be followed properly.
No shortcuts here im afraid.
Keep practicing stay on demo
Learn market structure journal your trades .
Use proper risk management and max 2% per trade
Feb 01 2022 at 08:06
we always looking for a short cut solution in real life as well trading life , this is our nature and no way to avoid it at all. thanks
Feb 01 2022 at 14:47
As for me, this option can be quite interesting in general, but many aspects depend on the approach to work.
Feb 04 2022 at 06:45
Definitely! Becoming a successful forex trader demands time and persistence. Many new traders who come with the hope of making quick profits ignore the notion that becoming a successful trader is hard work and can take years. If you are new to forex trading, please take time to educate yourself first and then expect something in return.
Feb 04 2022 at 08:42
Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.
Feb 05 2022 at 07:54
We therefore can see that sometimes, little information is enough to express something very detailed. If we go back to trading, an information like open/high/low/close prices is also very little information and we get 'some' idea what is going on in the chart!
Feb 05 2022 at 08:04
UweMoench posted:You are absolutely right on the note that there is no short cut. If we want to be successful in any business, we must devote to work hard, be patient and sensible. Forex trading needs us be more patient, more hard working and more sensible since it is a business of cleaver people.
There is no short cut to success. In short time anyone can get some temporary success but for sustainable success, it needs time. But most traders do not try to understand this simple fact. They live in fool's Paradise. They want to make quick money without necessary skills and knowledge.
Feb 05 2022 at 09:33
Short is a good option to work with, but it requires understanding the market situation in a short period of time.
People who succeed in any field do not have the choice of a shortcut. There is no short path to success but if you work hard enough and do it smartly, you can cover the distance in less time. Try to give as much time to learning and practising as you can.
Traders who go for shortcuts are the ones who fail. Forex trading can be highly risky, and you can suffer big losses if you don’t come with the proper plan and commitment.
A trader should try to learn something in detail because there is no space of short-cut. Short-cut leads to losses and makes learning fully incomplete. In Forex, there is a bulk of things to learn so there is no way to make a cut short. Better learning will deliver you a better profit. So, rely on learning rather relying on haphazard trading.
