According to my point of view, i will definately 100 % agree with you. The main reason behind this fact is that when a new person is new and he wants to improve his total invested amount by achieving more and more profit in the very less span of time can be very dangerous for himself. It may completely ruin all of his business and may even wash out all of his total invested capital amount of money. This is due to the fact that the person may not complete or even the least amount of knowledge about the forex business, their markets and most important of all the behavior of these markets under different working conditions. And, when that person lacks all of these information and even then he tries to do trade to gain more and more profit will be a complete disaster for his business as far as i think so.
So, the new bies should try to full-fill some of the following principles. These include.
1.) Gain more and more knowledge about this business.
2.) Gain more and more experience while working at the forex demo account.
3.) Try to follow your mistakes and failures. Analyze them. And, prepare a strategy for future to avoid them.
4.) Try to analyze the forex markets as much as you can.
5.) Also, try to consult your senior people who are al-ready working there. Share your trades and other views with them. And, try to take advantage from their knowledge and experience as well.
I think so that all these principles will definately help you specially the new bie persons in achieving their goals of getting some very good profits and improving their businesses day by day with the passage of time .......................
![]()