exactly what they are saying that should also not quickly surrender to the affairs of this one because it should not make a mistake when only a few times and then they stop
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Experience is the most important factor that will decide which traders are here in the market for a long term and who will perish away.
Having said that we also need to keep in mind that we are not the ones who will drive the markets and thus only with a proper understanding of the various factors that will lead to the rise and fall of the currencies in the global markets we will be able to make profits. So experience matters a lot in Forex.
I will say LEARN YOUR TRADE, PLAN, YOUR TRADE AND TRADE YOUR PLAN. Simple? Yes, it can change your life if you carefully look into it.
yeah i fully agree with this that forex is risky then also ppls does forex trading may be greed or something but the real reason is that returns in forex is more in it then other tradings
forex ek risky business hai lekin agar thik se analyse karke trade kiya jaye to risk ke chance kam ho jate hai aur profit ke chance zada ho jate hai
jo log forex trading ko bina studies aur analysis ke karte hai, unke liyue forex bahut hi risky aur dangerous hota hai
Hah yeh sahi heh ke forex ek risky business hai magar duniyame aisa shayed hi koi business hai jo risky nahi hai... Agar koi forex ka rules follow kare...khudka emotion maintain kare, or ek assa sa trading system follow kare toh fir forex trading vi normal business ka jaisa hi hoga...:accute:
yes it is risky for gamblers who are gambling as they want to make big amount with small amount of investment and risk is up to you whether you take it or not. you can make money without taking much risks why you should take risk and then you will never feel forex is risky if you are not taking big risks.
i think the risk concept is equal everywhere, we cant say a business is risky and the other are not, cause the reward is quite the same, the problem is how to manage those risk, let say we have health insurance, and in forex we have stop loss, both are to avoid the higher impact of the risk brother:)
yes its very true who are discipline they get so many advantage in forex but if we dont be discipline then its really hard to live in forex long time . i think it may good our trade 1 week , 1 month but if we not able to moneymanagement and unable to keep discipline then its not possible to long run .
I have a real tough time keeping trading discipline, I enter trades most of the times when there is no trend or the volumes are low with high margin and have fear of closing fast to avoid losses and end up reducing my deposit faster than it should happen. i need to work on discipline more than anything else and stick to the smallest lots.
well friends tell me any business which doesnt involve a risk. forget business tell me any situation which doesnt involve a risk. driving is risky we may have an accident. eating is risky we may choke sleeping is risky house may collapse due to earthquake. so friends shall we stop going to work, eating or sleeping because they are risky
No doubt Forex is too risky but all of us are here for earning money and earning money is not so easy even in our daily life risks are involved. I am still here because in my opinion we can minimize the risks in forex by maintaining discipline in our trades. Avoiding greed, big lot size and over-trading is the most necessary thing I am acting upon.
including my friend also just monitor the news just does not dare to open a position because I was afraid for it but somehow every time the news was released I was more quiet and waiting to see how market response
and also you should always set SL to avoid the risks and can reduce the risk of losing all money. in trading many ways the possibility that will happen, mainly the possibility of the price would run counter to your analysis, so you have to be careful and always remember that fores very risky,
I agree with your opinion in forex trading is you take a high-risk trades with high profit and the more we want to gain a high risk that we face are too high anyway, but with risk management may be we will obtain high profits
aapne thik kha brother
frex jitna risky hai usse kayi guna zada profitable bhi hai..ye aapki studies aur analysis pe depend karta hai ki aap kaise study karke market me trade kar rahe ho
agar bina study ke trade karoge to nuksan hoga lekin analysis ke sath trade karoge to fayda hoga
if we do risk then only we will see profits, but here its take time to learn once we learnt well then there will be no loss in trading, Its the main investment programs where we get some quick profits.
risk = reward, without risk there is no reward in any investment program but here in forex risk is in our hand and reward is based on our skills and knowledge. To get more profits even forex is risky we are trading.
i know forex is a risky business but i have to join it because i have no job to gain money.with forex, i think i could earn money although in small amount.