Sep 18 2021 at 20:12
WaltonCharles posted:A good plan helps a trader to make money.Unellene posted:A solid plan can make you a good trader in this market.
there are such thoughts only on emotions after bad trades, have you ever had this?
It's okay to give up but make sure you have tried your level best before giving up so you don't have regrets later.
There are some traders who don't want to leave trading activity mainly because they can possibly earn money here. I believe that people always should do something in their life which brings them not only money but also happiness and understanding that you do your favorite activity. It's kinda difficult to find such an activity of which you will be passionate, nevertheless everybody must try various activities. If you don't like trading, then you should leave it because you won't be able to earn money if you have no wish to do it. So, everything is individual. Some traders are eager to run this activity, while others aren't.
It depends on the purposes of your leaving. If you understand that you can't handle this activity and you require relaxing, then you can quit forex for some time. After you will return, if everything would be the same bad as it was in the past, then you should leave this activity. In my opinion, traders must qisely understand whether they're susceptible to forex trading or not. Don't regret about missing opportunities it's just a waste of time. I can leave trading in case I would start to understand that I ceased to make results and profits. Then, I perhaps take a break and after it I can quit trading.
Oct 21 2021 at 11:54
I have nearly quit a few times but never had completely. Sometimes i have a break.
Oct 24 2021 at 23:49
Same, had a few breaks, but will never quit. There are always more opportunities around the corner!
All or nothing
Oct 25 2021 at 16:26
I think if market is giving you what you want, there is no point of leaving till I do not feel that I am financially filled up.
Oct 28 2021 at 04:09
As long as I understand the market and have chances of making money, I am not going to leave forex trading. I can’t say anything about the future but until now, I am having a good time trading and would keep doing it.
That's why trading psychology is very important. We need to know how to control our mind. As market is always moving, it makes people greedy.
Yes emotion and risk management is the most important thing in forex trading but unfortunately most people do not give importance to it.
Nov 10 2021 at 10:18
There are a lot of people quitting the market after losing. But they are missing what they can achieve.
Nov 11 2021 at 13:00
If you don’t want to take risks, I recommend quitting the market. After all, it is a risky market.
Not really. My goal is not to become a billionaire or get rich really soon. I am here because I want to live a better lifestyle without having to work hard day and night just for a few bucks. Forex trading can provide me flexibility to work so I am not going to quit it anytime soon. As I am not keeping any unrealistic expectations, I hope I’ll be able to survive the market because that’s my only goal right now.
Nov 18 2021 at 07:30
pipham posted:My goal is also same as yours.
Not really. My goal is not to become a billionaire or get rich really soon. I am here because I want to live a better lifestyle without having to work hard day and night just for a few bucks. Forex trading can provide me flexibility to work so I am not going to quit it anytime soon. As I am not keeping any unrealistic expectations, I hope I’ll be able to survive the market because that’s my only goal right now.
Nov 18 2021 at 08:02
Agree with you.
Amytradesforex posted:UweMoench posted:Agreed!
That's why trading psychology is very important. We need to know how to control our mind. As market is always moving, it makes people greedy.
After all, forex is all about emotional management and risk management.
Nov 18 2021 at 08:08
lavis_book posted:Agree with you 100%
I feel like leaving when my system shows losses, well I think every trader feels the same in such a situation. But the reality is that forex is difficult to leave once you get into it.
Nov 18 2021 at 10:48
Hahaha, this is true dude! And the fact behind is the emotional setbacks. At that moment I just say to myself don't max loss will be SL.
Nov 22 2021 at 05:36
Not really. I want to learn more about Forex trading. One thing that drives me into Forex is that there isn't a single requirement to start trading. You don't need a degree, and you don't need to get approval from your boss. You don't even need to leave the comfort of your home. All you need is a computer or electronic mobile device and internet access. You can start trading Forex whenever you like (and as long as you want).
Nov 24 2021 at 05:54
The ultimate purpose of every forex trader is to make money, if you are doing it then carry on but if you are losing then you need to remind yourself that you didn’t enter the market to go bankrupt. It’s better to move on to something else which suits you instead of trading only to lose your money.
Most of the traders who don’t leave the market even after losses are stuck in what ifs. In their fear of missing out, they end up failing miserably.
Most of the traders who don’t leave the market even after losses are stuck in what ifs. In their fear of missing out, they end up failing miserably.
Dec 02 2021 at 04:27
Forex trading becomes more tempting once you get the hang of it. It’s fun and comes with perks that a regular job can’t help you accomplish. Feel proud to be a trader:)
