Forex is about one of the most risky businesses around. A lot of people have a misconception about it been a get-rich-quick scheme.
---------- Post added at 06:24 PM ---------- Previous post was at 06:22 PM ----------
Forex is a very volatile market. Within a second, price could move hundreds of pips. If you are not in the right trend, you'll definitely lose the trade. That's the reason why all brokers and forex service providers often place disclaimer on their site.
---------- Post added at 06:47 PM ---------- Previous post was at 06:24 PM ----------
This is another bitter truth. This is because you don't get profitable trading forex overnight. You will have your season of frustrations with the market. You will only begin to make profit after many losses when you have been able to tame your emotions of greed and fear.