Sep 09 2022 at 11:01
one thing I can say for sure. The situation with unrealistic expectations will not change as long as the concept of trading remains the same:
it is available to almost everyone; famous examples of successful traders, for beginners it seems that this is an easy job, the market for transferring responsibility is developed (selling advisers, pamm, mam, and others)
it is available to almost everyone; famous examples of successful traders, for beginners it seems that this is an easy job, the market for transferring responsibility is developed (selling advisers, pamm, mam, and others)
A falling leaf does not try to influence the wind, it enjoys flying.
Sep 16 2022 at 05:25
New traders often have unattainable goals and profit targets. They take huge risks to chase profits and encounter huge losses in the end. Being realistic is about preparing for the worst case scenario. A realistic trader would always pay at most attention to risk management as they know there is a possibility of loss behind every profitable opportunity in forex.
Sep 16 2022 at 05:29
personifica_ posted:This is the reason why many traders end up broke and quitting.
Sceptical expectations and swinging for the fences when making forex trades can be a downside. Most traders think of having unrealistic gains which are uncertain in this volatile forex market.
Nov 03 2022 at 07:25
Any form of unrealistic trading strategy could result in unanticipated losses. Unfortunately, many new and inexperienced traders have unrealistic goals, which are driven by the assumption that trading is the simplest method to make money.
Nov 03 2022 at 09:03
Proper money management helps you distribute your profit and losses in such a way that leaves you profit on average ultimately.
Nov 04 2022 at 09:41
Unrealistic expectations are the major reasons for losses in the market. It makes you greedy and you end up losing a lot of money. Therefore, it is always advised to have clear goals when trading because you can’t completely avoid risks because of high volatility.
Nov 04 2022 at 12:23
Remember that your biggest allies are perseverance and consistency.
Nov 04 2022 at 13:52
A trader can’t derive good amount of profit from the market until he or she has a flourished trading strategy.
Nov 05 2022 at 10:08
People become unrealistic because they set unrealistic expectations.
Nov 07 2022 at 05:11
Setting realistic expectations is crucial. Beginners having unrealistic expectations can make them lose money quickly. They do not understand the importance of trading psychology and the risks of the market and trade without considering them.
Nov 08 2022 at 06:59
Trading becomes hard when a trader has unrealistic expectations and believes forex to be easy. They have to understand that forex trading is not easy at all, and it requires focus and mental preparation to trade and deal with the losses.
Nov 08 2022 at 07:59
Many people have become much more unrealistic in expecting to make a quick profit overnight which can never happen.
Nov 10 2022 at 07:26
Trading can only be done with a reasonable attitude, which calls for some serious effort and hard work that is developed through time. Having false expectations will not help.
Nov 10 2022 at 12:06
I see people starting with unrealistic ideas of profit but after they lose all their money they become more realistic and just want to make some small profits
Nov 16 2022 at 05:42
yes this kind of ideas always fall us a great trouble , so we the traders should focus on there.
Nov 17 2022 at 03:24
knowledge and experience needed i agree with you , but it can be valueless if you dont have regular practice , so besides acquiring good knowledge its more appropriate to emphasis on practice session.
Nov 17 2022 at 08:02
Being practical is crucial since trading should only be done with a logical mindset. Anything that causes you to stray from your course of focus will just serve as an alarm for you.
Nov 22 2022 at 09:38
Unrealistic expectations are those that are disconnected from what is true and consistently possible, whether in terms of the outcomes or the amount of effort needed to succeed. The size of your account, how long it will take you to succeed, and your trading skills should all be taken into account when evaluating your expectations in the forex market.
Nov 28 2022 at 07:08
Unrealistic expectations can ruin the game. Being realistic is crucial, and traders must know their risks and how they have to go forward. Knowing various parameters and knowing how to trade will remove such a tendency.
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