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Greed is when your expectation
v
Obecné
Mar 31, 2021 at 13:14
When it comes to forex trading, people become greedy, in no other business they do not expect to make 100$ into 200$ overnight. And due to this greed they never become a successful trader.
Forex trading is easy for
v
Obecné
Mar 31, 2021 at 13:09
Forex trading is not easy. To make it easy it takes years of study and dedication. Problem is most newbie thinks it's easy. Actually they have been told that it's easy.
To learn the art of trading
v
Obecné
Mar 29, 2021 at 13:13
Yes, it takes a lot of time to be skilled in trading. This is where people do the mistake. They think few months demo trading is enough. But it's true. To be honest it takes years of study and research to be skilled.
Greed is when your expectation
v
Obecné
Mar 29, 2021 at 13:06
Problem with forex trading is that in here we forget all logics. Market is moving 24 hour doesn't mean you will be able to make money with it. It requires skills and patience to wait for the right trade. Being greedy is not going to help you..
Forex is not scam
v
Obecné
Mar 29, 2021 at 12:02
Yes you are right. There are many people who are in the market to scam people. Usually they offer unrealistic profit and many fall prey to them. We should avoid those people and focus on developing skills.
Choosing a pair
v
Obecné
Mar 29, 2021 at 11:57
Most newbie traders usually trade a lot of pairs but to me that's not an ideal way to trade. Every currency pair has its own movement patterns. If one can understand that it becomes easier to trade. So it good to choose few pairs.
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