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Most people become unrealistic

croisssan
Dec 27 2021 at 15:58
939 комментариев
Unfortunately, this is actually the case. It is for this reason that I advise you to work for a short time.

Poolut
Jan 13 at 19:25
18 комментариев
It's true. I believe everything because forex trading is advertised as the easiest activity for earning money and mainly brokers do it. Nowadays, there are lots of opportunities to make money in the internet and actually forex trading is considered to be one of the most hyped activity. That's why people come into trading and believe that they can make millions of dollars daily. However, it's not like that at all. There are no traders who would earn 100% to their deposit in the very first days. It's okay to earn 20-30% to deposit per month, but this result can be reached only due to hard working of a trader.

Treeny
Jan 13 at 20:21
211 комментариев
Telenergy
Jan 19 at 07:04
16 комментариев
It is important to know that most people become unrealistic when they begin to trade in forex. They expect to become wealthy in no time, or they may even want to become millionaires overnight, but this is something that will most likely never happen. Forex is a long-term game, and you should never expect to become wealthy overnight.

cardigan
Jan 19 at 07:25
102 комментариев
Traders need to know that when they are starting to trade, they need to know that the goal has to be realistic and not to be mistaken with overachieveness. They tend to become unrealistic after making few profits, thinking if they can do it then they can create unrealistic goal.

Anayadora
Jan 22 at 13:47
17 комментариев
Well, it's a really spread issue within trading community. Sometimes new traders believe in themselves more than professional traders. Everything because they heard that trading is something about easy money, while in fact it's not like that at all. Trading implies bunch of hard work and it means that there is no easy money at all.
Everything that new traders might earn is 20% plus to their deposit within a month and this result is amazing one. Mainly because new traders as a rule lose their money, because of this over-self-confidence. It's cool that people are confident, however it must have wise borders. Overconfidence eliminated plenty of traders from the market.

CraigMcG2020
Jan 22 at 15:57
294 комментариев
Absolutely, its feed by people trying to make money from affiliate links to all sorts. You need to treat this like any other business and expect to work hard for it. There are massive profits to be made if done correctly

skihav
Jan 22 at 18:26
801 комментариев
Alas, the points of view of many people are often really distant from the real state of affairs.

LukeRachel
Jan 23 at 02:47
477 комментариев
Most traders think unrealistically so they cannot succeed in trading. To trade, I have to trade with a positive mindset according to discipline.

croisssan
Jan 23 at 09:10
939 комментариев
It is really important to understand that many people understand reality in a very different way. Unfortunately, this happens quite often.

pipham
Jan 28 at 04:08
53 комментариев
Whether it’s about setting goals or expecting results, always be realistic. Set modest goals because unrealistic goals are not only hard to achieve but they also create mental stress which itself can be detrimental for your psychology. In the same way if you expect huge results quickly, it can disappoint you to the extent where you feel like quitting.

Marcel Durham (MarcellusLux)
Jan 28 at 13:16
144 комментариев
What the business is possible to establish with $10,000? But maybe it depends on the country financial condition... anyway, forex is the most accessible type of business. Just see, if you have $100, you can only buy some food for nice dinner, this is investing in your health. But if you have the same $100 on forex, you can trade with any instrument and buy/sell almost everything because of leverage and lot size. So if forex accept only 1:1 leverage, this will be closer to real business project with real profit ability.

whitneytyler
Feb 04 at 05:34
68 комментариев
It is human nature to expect big things from something they see a lot of people are getting a lot. People talk about the huge profits a trader makes without knowing the efforts put in by them in the past. The new traders need to understand that they cannot expect huge profits right from the start. It will take a lot of dedication and consistency to reach that level.

StratOne
Feb 04 at 10:45
9 комментариев
whitneytyler posted:
It is human nature to expect big things from something they see a lot of people are getting a lot. People talk about the huge profits a trader makes without knowing the efforts put in by them in the past. The new traders need to understand that they cannot expect huge profits right from the start. It will take a lot of dedication and consistency to reach that level.


This is the problem, all those scammers claiming Forex is a get rich quick scheme. That is why so many trader have unrealistic expectations

shortant
Feb 09 at 05:40
72 комментариев
People who are unrealistic in forex trading will lose their money. This is because they spend time following patterns, indicators and gurus. It's actually all pointless. One should develop a trading plan and stick to it. If they don't, they will most likely lose their money.

Lethab_Mpho
Feb 09 at 08:07
19 комментариев
There is no advantage of expressing yourself what you are not in actual. This will slowly train your mind with dual personality which eventually leads to the stressed life.

ElliotEll
Feb 09 at 10:23
20 комментариев
Lethab_Mpho posted:
There is no advantage of expressing yourself what you are not in actual. This will slowly train your mind with dual personality which eventually leads to the stressed life.

Yes and it's not gonna help in any way.

Seb King (sebking1986)
Feb 10 at 10:45
357 комментариев
I think it is the culture that we live in now where instant gratification is the norm or at least the pursuit of it is. I love crypto but think that stories of people 100xing their money in a week causes confirmation bias that it is normal in other areas like forex.

If you can't spot the liquidity then you are the liquidity.
Peirameter
Feb 18 at 05:20
28 комментариев
Any type of unrealistic approach in trading might lead to unexpected losses. Unfortunately many new and young traders have these unrealistic goals which are supported by misconceptions about trading being the easiest way of earning money.

skihav
Feb 18 at 13:36
801 комментариев
Unfortunately, this is true for many. And you just need to understand that the market can be different and be ready for different scenarios.

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