Mar 19 2021 at 11:39
Yes, setting some unrealistic goals is not a good sign for trading forex. Starting small will be helpful.
Mar 19 2021 at 12:27
Starting small is what so important but so many just rush in and lose their savings in a week.
Mar 19 2021 at 17:43
MadBadDangerous posted:I also agree with you completely. Don’t rush to go live account.
Starting small is what so important but so many just rush in and lose their savings in a week.
Jul 03 2021 at 10:04
marioharmon posted:I agree with you. Setting a good goal is very much needed.
Yes, setting some unrealistic goals is not a good sign for trading forex. Starting small will be helpful.
Jul 04 2021 at 11:06
@marioharmon Setting unrealistic profit goal in trading is a common phenomenon. It seems people lost their common sense when they come to forex trading.
Jul 05 2021 at 07:45
Unrealistic profit target is one of reasons people blow out their account. In no other business, people expect to make 100$ into 200$ or 300$ in 2 days.
Incorrectly exposed I aim does not give, then definitely a good result.
Aim for small goals, and TP on it, after all absolute returns will make you satisfied rather than actual returns on each trade.
Jul 05 2021 at 12:03
If TP is too small the spread will take all profit from you. Better to have large TP then spread does not matter so much
Oct 05 2021 at 19:20
marioharmon posted:Set a goal and try to achieve that with your hard work and dedication.
Yes, setting some unrealistic goals is not a good sign for trading forex. Starting small will be helpful.
I guess we should tihnk, but we shouldn't believe that everything in trading activity is easy and we shouldn't set unproper goals, unrealistic ones as you said. In my opinion, we have to look at things in trading wisely. We should understand that there is nothing easy in it and we can't get anything we want right away. We have to dedicate lots of time and make plenty of efforts in order to reach success. It relates to any other activities actually. Any activity requires efforts and wished to reach something in it. However, we have to think all the time we sit down in front of the laptops or pcs.
Oct 06 2021 at 19:36
Garrian posted:Trading is not so easy. You need proper knowledge to make money from this market.
I guess we should tihnk, but we shouldn't believe that everything in trading activity is easy and we shouldn't set unproper goals, unrealistic ones as you said. In my opinion, we have to look at things in trading wisely. We should understand that there is nothing easy in it and we can't get anything we want right away. We have to dedicate lots of time and make plenty of efforts in order to reach success. It relates to any other activities actually. Any activity requires efforts and wished to reach something in it. However, we have to think all the time we sit down in front of the laptops or pcs.
It is essential to have realistic goals. Instead of gaining 200% profit during first week, you should think about preserving your initial budget. Otherwise, you'll take too much risks and fail.
RobSchiz posted:I agree with you, the forex market keeps changing, it is only the knowledge which you have will help you in every situation.Garrian posted:Trading is not so easy. You need proper knowledge to make money from this market.
I guess we should tihnk, but we shouldn't believe that everything in trading activity is easy and we shouldn't set unproper goals, unrealistic ones as you said. In my opinion, we have to look at things in trading wisely. We should understand that there is nothing easy in it and we can't get anything we want right away. We have to dedicate lots of time and make plenty of efforts in order to reach success. It relates to any other activities actually. Any activity requires efforts and wished to reach something in it. However, we have to think all the time we sit down in front of the laptops or pcs.
Oct 08 2021 at 12:16
I think otherwise. In general, in this industry, you should always be as careful as possible. When I started working with a broker, I paid a lot of attention to this process.
Oct 09 2021 at 19:34
I believe that trading is, on the contrary, a place where thinking is simply necessary. When I started working in this industry with a broker, I devoted a lot of time to the learning process.
Oct 11 2021 at 09:47
skihav posted:Yes exactly!
I believe that trading is, on the contrary, a place where thinking is simply necessary. When I started working in this industry with a broker, I devoted a lot of time to the learning process.
Forex learning is an extremely important part of trading because your financial security is dependent on it.
Oct 11 2021 at 13:26
In trading, this will not work. Only thoughts, only sound and balanced decisions for work.
Oct 12 2021 at 06:51
skihav posted:I agree with you.
In trading, this will not work. Only thoughts, only sound and balanced decisions for work.
Oct 12 2021 at 08:07
I would say that thinking is essential to successful trading however you do raise a very valid point on the subject of setting realisitic expecations. If you are a break even trader, what evidence do you have that you should be aiming for say 5% a month for example? Aim to make any profit (with the same level of rsk).
If you can't spot the liquidity then you are the liquidity.
