New traders become restless to make money. All day long they try to find out new entry. Even their night is sleepless. But the fact is to make money in trading you need a calm and relaxed mind. When I was new I was also in a hurry to make money. It's because most of the time we are given wrong information about trading. Like making money is vey easy here.
That's right! Beginners are in hurry most of the times. How did you overcome this obstacle by the way? Are practice and experience enough?
LeviSievwright5
เป็นสมาชิกตั้งแต่ Jul 20, 2020
298 โพสต์
Dec 17 2020 at 01:25
Trading should be done with patience. It is never possible to gain trading profit without patience.
Chrissimmins
เป็นสมาชิกตั้งแต่ Oct 26, 2020
10 โพสต์
Dec 22 2020 at 10:29
Trading is a lot about how patient you are. If you are desperate about making money, I don’t think that you will be able to go far.
The moment they hear that you can make profit in trading, they will just rush in opening an account without thinking what to consider and where to start from. And just because of that they will become restless and will no sooner misuse their accounts and funds resulting in wiping the account.
unsightlydray
เป็นสมาชิกตั้งแต่ Oct 29, 2020
53 โพสต์
Jan 15 2021 at 04:01
Yes, they are always in a rush to make more and more money and get rich quickly. But forex doesn’t work that way and you’re right, a calm and composed mindset is very important to trade well.
Yes, new traders become restless to make money. But the actual fact is in order to make money in the forex market you need to be calm and have a relaxed mind. Rusing to make money will always lead to opposite results.
SofieAndreasen
เป็นสมาชิกตั้งแต่ Jul 23, 2020
759 โพสต์
Jan 16 2021 at 17:57
unsightlydray posted:I also agree with you. Forex is not a money-making machine. Those who have proper skill and knowledge can make money.
Yes, they are always in a rush to make more and more money and get rich quickly. But forex doesn’t work that way and you’re right, a calm and composed mindset is very important to trade well.
LeviSievwright5
เป็นสมาชิกตั้งแต่ Jul 20, 2020
298 โพสต์
Jan 17 2021 at 01:53
Everyone in trading brings a dream. New traders are in a hurry to fulfill that dream. This is why they face maximum time loss. So to fulfill the dream, you should trade with patience while maintaining a positive mindset.
KnowFinance
เป็นสมาชิกตั้งแต่ Jan 16, 2021
85 โพสต์
Jan 20 2021 at 10:58
This is absolutely true that people want to become successful overnight. One should be patient to learn and skilled enough to reach to the heights in trading.
forextrader777
เป็นสมาชิกตั้งแต่ Jan 16, 2021
133 โพสต์
Jan 22 2021 at 12:19
When I was new to trading, I was also restless and nervous. But when I acquired the proper skill set, I came to know that for successful trading, you must have a positive mindset and have to stay calm in every situation.
Short term traders lose more money than long term mind. The reason behind this is short term trader are less disciplined. Actually the 90% traders are not disciplined. They ignore the psychological aspects of trading. They run for a 100% proven system which actually doesn't exist.
forexminded
เป็นสมาชิกตั้งแต่ Feb 04, 2021
35 โพสต์
Feb 17 2021 at 11:45
When I was a beginner, I always used to be in a hurry of placing trades. I wanted quick profits. But after losing some trades, I realized that the forex market demands patience. Only those who trade with proper knowledge and patience can become successful traders.
It seems to me that at the initial stage of trading, everyone is in a hurry and makes mistakes because of this.
LyudmilLukanov
เป็นสมาชิกตั้งแต่ Jul 23, 2020
869 โพสต์
Jun 27 2021 at 17:14
New traders indeed have to spend more time learning.
LyudmilLukanov posted:Yes. proper learning is very necessary to make a good career.
New traders indeed have to spend more time learning.
This is a really natural process. When I started working with a broker, I also paid attention to the demo account.
LukeRachel
เป็นสมาชิกตั้งแต่ Mar 16, 2021
477 โพสต์
Dec 01 2021 at 14:31
In fact, these are emotions. Emotions usually run high on new traders. Therefore, the amount of their loss is also high.
HeavenLeighGill
(HeavLeighGill26)
เป็นสมาชิกตั้งแต่ Aug 05, 2021
401 โพสต์
Dec 01 2021 at 19:20
I think that it definitely is made out to be that money comes easy to forex traders when it's really a lot harder. In the beginning, it's actually more important to focus on not losing money versus making a certain profit. Too bad that everyone can't start with that knowledge because it would save some heartache.