forex is one of the most profitably jobs in the whole world but all you have to do is being patient and practice and working hard and not let your ears listing for every one cause there are many beginner in this business thought they are experienced .Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.
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02-16-2012 04:49 AM #2
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forex money machine will be easier and more if you are entering the market long with lots of experience
my opinion is usually small traders is newbies who always fails is have not experienced
A good trader is one that is able to accept when they are wrong and move on to the next trade...
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02-16-2012 12:00 PM #3
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depending on the tradernya own. For a qualified trader, forex course, is not the place to spend the money, but a place to gain profit. Unfortunately, some survey did say, that 90% of Forex traders are not successful, and only 10% are successful...
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02-16-2012 12:18 PM #4
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forex money sucking machine un k liye hey jo forex sehi sey nehi kertay her trade per loss kertay hien or loss per loss ker k apna account kho baithtay hien isi liye failure traders more than 95% hien, bes 5% hi survive ker paatey hien
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02-16-2012 01:34 PM #5
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actually it depends upon us that we will let the forex trading to suck our money or not because if you will gain some knowledge then i must say that you will definitely get the success otherwise forex definitely suck your whole money for sure.
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02-16-2012 02:14 PM #6
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it actually is a money sucking machine but it is like that for the people who do not know when to stop trading .i mean if you keep losing money in forex do not just keep depositing more to trade with and you should have a (limited forex budget) every month do not invest all your money . it is too risky
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02-16-2012 02:18 PM #7
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Quote Originally Posted by theboy2226 View Post
it actually is a money sucking machine but it is like that for the people who do not know when to stop trading .i mean if you keep losing money in forex do not just keep depositing more to trade with and you should have a (limited forex budget) every month do not invest all your money . it is too risky
bhai jab bhi trader ko loss ho to stop loss k saath hi loss ho na k loss khula chhor dia or account blow ho geya,stop loss zeroori hey or jab loss ho trader ko apni ghelti find kerni chahiye trading rok ker or demo per thori der kerna chahiye jab tek aap ki trading theek nehi ho jaty
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02-16-2012 02:59 PM #8
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Quote Originally Posted by featurelion View Post
bhai jab bhi trader ko loss ho to stop loss k saath hi loss ho na k loss khula chhor dia or account blow ho geya,stop loss zeroori hey or jab loss ho trader ko apni ghelti find kerni chahiye trading rok ker or demo per thori der kerna chahiye jab tek aap ki trading theek nehi ho jaty
stop loss newbie ko use karna chahiye kyun ki wo market ke bare mein kuch nahi jante hai aur without knowledge trade laga dete hai samjho gambling kar dete hai aur galat trade ke karan sara money loss ho jata hai unko jaydatar stop loss use karna chahiye
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02-16-2012 03:14 PM #9
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I do not agree with your opinion, not all small traders go broke here. all have the same chance of making a profit, just different numbers between us and other large traders.
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02-16-2012 03:14 PM #10
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Forex currency exchange trading is never a money sucking business to involve ourselves in. We simply make the trade easier and more understandable for us by just learning more about the business.
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