Aug 31 2021 at 12:58
Trading psychology is huge even with good strategies and trades this lack of confidence can kill good traders
Never give up
Aug 31 2021 at 13:43
beginners generally have a lot of problems, but the biggest one is the hope for easy and quick earnings, and this does not happen in forex
Sep 06 2021 at 11:16
@Kazile i agree, many new age traders ignore this issue, they think they have all the information and skill that is required to make quick bucks and go for a live account straightaway which then results in losing quick big bucks because they didn't do their proper market research and don't make use of demo accounts.
Sep 06 2021 at 19:50
Michihito posted:
Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.
Deffiently not a get Rick quick
Sep 08 2021 at 13:15
each newbie has his own individual problems, all the same, the less understanding and skills, the more problems, even in trifles
Nov 08 2021 at 17:50
Unellene posted:Those who come to the market to earn quick easy money, will fail and lose their money without a doubt.
beginners generally have a lot of problems, but the biggest one is the hope for easy and quick earnings, and this does not happen in forex
Nov 09 2021 at 13:42
Michihito posted:
Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.
Totally agree they have been told it’s a get Rick quick scheme when in fact it takes a lot of time
Nov 09 2021 at 14:16
As for me, the biggest problem for a beginner is a lack of experience. It is on this basis that one can already understand the reason for the trader's mistakes.
Nov 10 2021 at 11:21
There is no way to make quick money in forex trading. Traders need to be patient and work hard.
Nov 11 2021 at 06:21
If you are a beginner, you need to learn about forex trading first. You can choose an online course too if that suits your budget. The next step is to open a demo account on a reliable forex trading site. Once you have assessed your skills, made some virtual profits on your demo account, and get mentally prepared, it is time to enter the real market.
Feb 17 at 13:39
Michihito posted:You are absolutely right! Most of the new traders try to make huge money within short period of time; it’s a very bad practice! Because, there is nothing like shortcut way in Forex! It takes such a long time to earn money from this professional business!
Most new traders think he is going to be rich within few months. He got the easiest way to make money quickly. The problem is they have been introduced forex like that. Most newbie traders do not know the ugly truth of forex trading. Forex is not an easy job to do. You need specific knowledge and skills. And for that you have to give time and efforts. It doesn't happen overnight. Not even in few months.
Feb 17 at 14:11
In fact, a beginner can have quite a lot of problems in the process of work. It is important to be prepared for various difficulties and understand what to do with them.
Feb 23 at 04:25
Your trading skills and psychology matter equally when it comes to trading forex. As a newbie, try to learn from your losses and don’t take them to heart. It’s a game where one would win and another would lose.
Feb 23 at 14:05
For beginners, in general, there are a lot of problems for the reason that beginners have little experience.
It seems that the biggest problem for everyone who is just starting to work in the forex market is gambling. Not being able to stop in time.
Theoretically, it is possible to earn on Forex, but only those who are able to predict the exact situation on the currency market can do it.
Even experienced experts find it very difficult to predict the dynamics of exchange rates because the situation in the currency market depends on many political and economic factors, the behavior of the world's largest banks, funds and companies, even the news and rumors. As a result, according to statistics, players lose 3-4 times more money on the Forex market than they earn.
Theoretically, it is possible to earn on Forex, but only those who are able to predict the exact situation on the currency market can do it.
Even experienced experts find it very difficult to predict the dynamics of exchange rates because the situation in the currency market depends on many political and economic factors, the behavior of the world's largest banks, funds and companies, even the news and rumors. As a result, according to statistics, players lose 3-4 times more money on the Forex market than they earn.
Feb 23 at 21:48
If you can't control your emotions , just try to make an algo
Feb 24 at 13:41
Blame the IG influencer for this. The successful trader doesn't look like a rapper with bling and loads of fast cars. Chances are they are asset rich and look fairly normal. But that's not sexy and doesn't sell crap courses.
If you can't spot the liquidity then you are the liquidity.
Feb 28 at 20:02
Theyre the scourge of the trading community.
Unrealistic expectations and blown accounts lay in the wake of these fraudsters
Unrealistic expectations and blown accounts lay in the wake of these fraudsters
The misconception of getting rich quickly through forex trading that traders carry is because of the social media influencers who portray trading as an easy source of making money. The market can take your money, like it can give you profits. Do not look at the profits only. See the risks and learn to minimise them if you want to become a profitable trader.
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