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I think there is a shortcut on the forex for profit deal. one method of hedging. when prices go up and down was we do not know where the actual price will move, open price we sell and buy all at once. nah,, the price rises. we will sell minus, but we profit in buy. when prices began to fall, we are close buy, and we open sell again .. then we will profit 3 fold.
or in other words, it is a hedging strategy, strategy is actually very beneficial, but certainly not every trader can use this strategy well. because this strategy also has its own difficulties. so naturally when traders are not really able to use the hedging strategy, it will make us suffer losses. because it depends how our study of the strategy to trade.Quote:
Originally Posted by Subramaniam
This is very true, as many enter the Forex market with the hope of getting rich quickly and easily, and very soon they realize that this is false, that this business requires hard work, a lot of skills and knowledge that few can develop, which will quickly leads them to failure.
I agree, because forex learning needs in detail, and here is not the place to cut corners and enrich themselves overnight. we have to practice hard work in order to achieve success with both and we should not be afraid to keep trying if they often fail in the forex business.
Stress causes us to cut corners and not do enough research and analysis necessary to know if the trade is profitable. Instant access to market movements is one of the most important benefits we get when using these types of programs, and get more info about Famous Insider Trading Cases below. Over two trillion dollars in currency are exchanged on the forex daily.
yes you are right there are no shortcut way to earn money from forex. if a trader can learn about forex market if a trader can understand the market movement by practice in demo account perfectly if a trade have good strategy then a trader can earn money from forex. yes that is true that if a trader can be a successful trader the then that trader can earn huge money from froex within short time.
on forex trading , we need to pass them step by step and we have to get the understanding from every steps with very well, and it is good for our future on this business, and so do not ever think to find the shortcut or instant way or we just dring a magic pill and become a good trader in a seconds, need a time as our proccess, and we have to take all of them with discipline and patience,
and with it, we just keep clear to think with realistic as the trader, and keep going with do harder
i do agree with you
No,there is no any shortcut way in forex market because of forex is vast and sea.All successful trader's wiil need process of their trading strategy for long and short.Also they become gainer when trade long term.short term trade called scalping.scalping is risk for every trader in forex market whole over the world.
so remember no shorcut way just long term gainer.
Right. there is no shortcut to be able to become a successful trader.Quote:
Originally Posted by hiqbaleee
But, there is always way if you or someone want just to gain profit. and how it is? you can join a PAMM account or join a forex copy which already has a high quality track record.
You can choose one of many PAMM account or signal provider offered by Instaforex. You can monitor their track on their history.:peace:
It takes time to understand this business. There are no shortcuts in forex. takes hard work to make money and make you know and begin to analyze it right, because if the transaction is not based on the analysis of such gambling in the forex trading business.