Originally Posted by
mayengbam
yes. its true in most of the cases and the reason for that is also too simple.
Suppose a man is stranded in a desert and extremely thirsty. And then he came across a well full of water with a rope which doesnt reach the water and with no bucket. what will he do? jump in the well to drink the water or device a way to get the water to quench his thirst. If he jumps in he will quench his thirst but he will get depression and tension on how to get his way out finally he will lose everything!!!!. On the other hand if he analyze the situation and try to find a way or device to get the water from the well he can easily quench his thirst.
if anyone invest his hard earned, life's savings and without proper basics, learning and understanding of the market its like jumping into the well and will get depression and tension and finally will lose everything. But if he analyze the market, study well and concentrate more on the learning process than going after the profits he is bound to succeed. Forex is no quick way to make money. It requires patience and hardwork