I think pro traders know it all. They know so much more than all of us do. They can gain so much profit then us. I think forex pro are really wealthy too and they can make a full time living out of it while the newbie can't. I think pro do it full time and we can only do it part time.
I think timing is still is very significant in trading. I make profit that way and I do not make any profit if I trade blindly and do not regard the timing of trades so therefore I trade quite well in those kinds of timing. I think its foolish to walk in and trade without regarding for the...
The market is too uncertain sometimes so I feel that sl is always so crucial to protect your trades or else you will end up in total misery. I think bad news can cause the wave to go against you so sharply that you will end up losing lots so watch out for that. I think we must acknowledge that...
You have to hang in there you know. I think it takes awhile before you learn how to make decent income. You will make decent income after you gain some experiences but losses are there with any new traders. We all lose but it doesn't mean we should give up. After you learn how to not lose then...
Of course, losses will always be there in forex. You will lose many times. And when you lose you will be so bummed out and you will want to quit as well. But if you keep on working hard at it and gaining ore experiences and knowledge, over time you will become a very profitable trader. Its...
More than eighty five percents of traders are failing in forex and so that is a very high rate compared to other things in life. Usually that is a very scary rate. If you gain less than ten percent of the time then that says something but I do believe that those people lack knowledge or talents...
I trade in isolation a lot. I prefer silence and that is the best way to trade. Who would trade in a noisy place anyways? We can't afford to trade in such a lace. We must trade in isolation. I prefer to trade in isolation. I like isolation. I think privacy is the best thing for any trader out...
I will not trade in a noisy place for sure. I can't possibly risks my trades with distractions. Distractions are a no no. Or you could place a trade, and then someone walk up and start asking you things and then you're like what hold on man I'm trading and then you lose touch of what is going...
I've read that some forex signal services are scams and they know that you're looking for easy way out so that is how they prey on you. So, this is why they say to stay away from paid services cause they're scam potentially. You should stay away from it if its a paid one since fundamental is the...
I think you should always manage your money and in doing that you would save some of your profit for a rainy day and then spend some of it and then use some of it to build up you capital since we know that higher capital equal higher profits but do not use all of it to compound on it or else you...
As of right now, I will still see myself trading in forex for a very long time since I believe forex will always be here but I will not know what to do if I have no real job since I can't really put all of my trust in forex. I think someone must have exceptional talent in order to make a full...
I never think of trading by chance can make me successful. Anyone who trade by chance must assess their finances again cause they will surely lose to it. Trading can only happen if you're really good at it. I never recommend anyone to gamble with their money cause its so foolish to do so.
Trading will become easier as you gain more years of experiences so just focus on trading and gaining knowledge and experiences and then it will become a piece of cake in no time. Yes, this is possible. As a newbie you will have a lot of fear but as you gain more experiences, forex is nothing at...
I think forex is one of the most entertaining sports I've discovered online and forex is like a sports to me. I like sports and always love to play in challenging sports so forex is definitely is for me. I love doing forex so much that it has become a significant part of my life like I'm married...
Surely, in forex, a lot of our skills will be acquired though experiences. the longer we trade the more experiences we have and the better we will do. I think in forex, we must try hard to gain experiences through trading or demo trading. We will be smarter traders and more profitable traders if...
We will always have those two things as long as we risks in forex. Its hard not to have those feelings. However as long as we learn how to control our risks well then we should be ok. We will not fear as much if we know how to contort our risks through money management and loss management. I...
I like how easy it is to earn profit and how fun it is sometimes. When you're bored posting in forums can be fun but trading and gaining some profits can also be fun. I think forex is a great way to earn side income so its fun for everyone as well. I think I like the challenging aspects of it...
I think a trader might get too desperate if he seeks a loan since seeking a loan is way too much when you have to pay interest and try hard to pay your loan back so the pressure is now ten folds so I rather not have a trader loan. If he lost all of his money and have to take loan then it says...
I think we need to have a lot of capital in order to earn more in forex. Some do make some good income in forex and it can be a sole source of income but I can't do it right now and some day forex is nothing but misery so I rather keep on tight to my job. I rather work my job than do it full...
I think everyone should budget. Its part of being financially successful. We all need to budget since budgeting can help us save money but we can allocate that to something more important in our lives rather than always party eveyrthing away and then go broke at it. I think its wise to know...