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.
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.
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.
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.
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.
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!
UweMoench posted: 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.
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.
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.
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.
ПРЕДУПРЕЖДЕНИЕ О ВЫСОКОМ УРОВНЕ РИСКА: торговля иностранной валютой связана с высоким уровнем риска, который может подходить не для всех инвесторов.
Кредитное плечо создает дополнительный риск и вероятность убытков. Прежде чем принять решение о торговле иностранной валютой, тщательно проанализируйте свои инвестиционные цели, уровень опыта и толерантность к риску.
Вы можете потерять часть или все свои первоначальные инвестиции. Не вкладывайте деньги, которые вы не можете позволить себе потерять. Ознакомьтесь с рисками, связанными с торговлей иностранной валютой, и обратитесь за советом к независимому финансовому или налоговому консультанту, если у вас возникнут вопросы.
Любые данные и информация предоставляются 'как есть' исключительно в информационных целях и не предназначены для торговых целей или консультаций.
Прошлые показатели не являются признаком будущих результатов.