Please take a look around, and feel free to .
Have a stop loss order for every single forex day trade you make. A stop-loss is an offsetting order that gets you out of a trade if the price moves against you by a specific amount.
There are lot of common mistakes every trader do when they are new. I also did the same. Like opening trade position before big news events and after the news events. Opening too many lots is another mistakes. Risking more than 1% of the capital is also a mistake. Another big mistake is unrealistic expectation. We come here to make double, triple of our capital over night. But it's the biggest mistake one can have. We also make mistake in choosing broker.
You are right, there is no way with your luck. Because, it’s a knowledge based profession! On the other hand, if you are trying to make a huge amount of money after joining here instantly, then surely you are going to crash your balance.Trading knowledge is the core point of success! Which traders have good trading knowledge, they can make a decent monthly income quite comfortably! It’s a knowledge based profession, so which traders try to make money here based on their luck or emotions, ultimately they lose their capital whatever amount it is!
You are right, there is no way with your luck. Because, it’s a knowledge based profession! On the other hand, if you are trying to make a huge amount of money after joining here instantly, then surely you are going to crash your balance.
This thing can be said with certainty. There are many who have tried but have never seen anyone with proof who can say they have done this. lol
I see, pro traders always go with a decent monthly target, since they know the reality of Forex! By the way, scammers are good at Photoshop.
If you’re having a hard time winning consistently I will recommend you connect with an expert like Mr Paul. He’s professional trader & financial advisor. Go contact his mail to whom it may concern. (Paulpiotrtradings@gmail)