Making money from the forex market is not so easy. You need the proper knowledge and skills to make money from this market. Without knowledge and skills, it will be very tough to survive on this risky platform.
i feel, people fail due to their bad habits , generally we think some mistake causes of failing but its not true , mistake is very common issue but if you do same mistake again and again then of course you will fail.
Mohammadi posted: i feel, people fail due to their bad habits , generally we think some mistake causes of failing but its not true , mistake is very common issue but if you do same mistake again and again then of course you will fail.
Yes. Most traders lose their money because of their low skills and lack of proper knowledge.
Ariest posted: Poor preparation and little time spent on a demo account do not give a very good result, I have been practicing on a demo account for a long time.
Yes. If you want to become a good trader you have to give proper time to the market.
so true! and i would add something. study, test and learn from mistakes. traders and trading have nothing to do with being lucky or unlucky. it's all abouth maths (better to say statistics). it's about reading and extracting information from the dataflows market is sending you via the platform. read articles and understand the hidden logic of every indicator. example : are you really sure you know what RSI is? what is mathematical fundament and how it could be a good or bad companion? many use indicators not knowing the hidden meaning of them, just as those indicators were nice coloured gadgets promising to make you rich. no, it doesn't work like this. study, study, study, understand, test, fail and then learn from errors.... and then recycle.
AliaDare posted: Gaining profit from the forex market is not easy. Only proper knowledge and patience help the trader to make a consistent profit. However, you can learn the information you want online.
I completely agree with you. Knowledge is the most important thing in this market to survive.
ForexDodo posted: How do I get money from those who copied from my account Are you choosing ( meta teadr 4 EA ) OR ( meta trader 4 EA publisher ) ?
May I know if you are talking about copy trading? If you are talking about copy trading, first talk to your broker whether they offer copy trading or not, and then ask the whole procedure to earn money by copy trading.
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UPOZORNENIE NA VYSOKÉ RIZIKO: Obchodovanie s devízami prináša vysokú úroveň rizika, ktoré nemusí byť vhodné pre všetkých investorov.
Páka vytvára ďalšie riziká a straty. Než sa rozhodnete obchodovať s devízami, dôkladne zvážte svoje investičné ciele, úroveň skúseností a toleranciu voči riziku.
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