I agree with you. Hard work is the most important thing in life. After then only we can rely on luck. I was just saying that sometimes after hard work or smart work, we don't the expected result.
Making 20 bucks a day can be your realistic expectation, not for all. If a person who spends daily 100 bucks as fun, do you think earning 20 bucks a day will be realistic expectation for them??? Think twice before giving such statement. Realistic expectation varies from person to person.
It is true that with low amount you will also earn low profit. But you cannot say that it is not possible to make money from forex. If nobody could earn from forex, then nobody would trade at forex. And there wouldn't be something like forex.
Yes, it is true that every trading method has its pros and cons. But in India, most of the people use online trading. As broker or trader, online trading is most preferable.
Forex is the easy way to earn money and lose money. If you dedication, knowledge and skill about trading, then it can be the comfortable way of earning.
I think the most important factor for loss at trading is wrong strategy. The other factors are lack of knowledge, skills and experience. For earning profits you must give 100% dedication at forex trading.
The simple thing is if you make mistakes then it is your fault, if you are depended on other and they do mistake then it is both your and their mistake. In second action how many people think that it is our mistake also because we select someone who have no more experience and got depended on them.
Just practicing at demo account is not enough. First we have to understand why we are practicing. Demo account gives us the facility to learn every strategy, increase trading skills and able to understand market without any risk. The most important thing is the dedication towards learning.
A person's activity decides that how much time he or she can give. Some students have much activity's to do do that they don't get time for anything else. And some students who want to earn a good pocket money or want to make career makes their time out. And most of the businessman who are busy...
At forex trading there is no limit. A person who earns $100 weekly to a person who earns $1000 daily, everybody can earn here. There is no limitation for being rich. For somebody $1000 is richness. And for somebody $1000 is like earning of 1 hour.
That means you want to say that only losers use leverage.? And the top most traders and professional brokers who use leverage are biggest fool in the world.? I think it is stupidity that being able to earn $10 only and judging about them who earns $10000+ daily.
You can say that you don't like...
I don't think so. We cannot go always with one strategy. Multiple plannings are most necessary. This is best for risk free trading. Whenever plan A fails you can use plan B.
Thats true. We always try to earn much more everyday. For that we do whatever to earn. So at trading it is not wrong to expect and try for good earning.
Yes, from that aspect you are right. But in most of the cities, brokers use online trading because they earn much more from that. Offline trading is used by those who don't have internet connection or don't have much idea on online trading. Who are depended on brokers.
If you want to earn quick money or trying for long term investment, strategy is also very important at every aspect. Whether you are investing huge or small capital.
Very few people think about making small money for a long time, rather than try to make good amount every day for a long time. There is no limit of earning. So it is not bad to earn good amount everyday.
Yes, this is a right point. We often use the word luck when we are expecting something before the time. But i have experienced that even after the hard work everything ruined.