If we are making use of a Trading strategy that is easy to understand we can start making the required amounts of Profits.I agree! Even I believe that greed and unrealistic expectations from the market are the main reasons for losing.
Please take a look around, and feel free to .
If we are making use of a Trading strategy that is easy to understand we can start making the required amounts of Profits.I agree! Even I believe that greed and unrealistic expectations from the market are the main reasons for losing.
Many traders are not aware of the Forex trading skills and so they start making the losses into their trading accounts.It’s ironic that despite so many discussions happening on the importance of forex knowledge, not many traders take it seriously. Their excitement to make money easily paves their path to losses. These traders seem easy prey for the big sharks who know how to make profits and stand strong in the forex market.
When we are trading into the Demo trading accounts we will have to learn trading with the help of some Skills.demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
Not only the lack of knowledge but also certain misleading concepts about forex trading to be a source of earning easy and quick money is the reason for their failure. They focus more on profits and neglect using risk management strategies.New traders are failure because they can’t forecast the market well. Traders who can’t analyze the market technically and fundamentally feel fear of trading. So traders should bolster their basement with proper analytical knowledge. Traders should gather advanced trading knowledge of trading so that they can survive in Forex trading for long.
Greed is the biggest enemy here which compels traders to only focus on making profits and neglecting risks.It’s ironic that despite so many discussions happening on the importance of forex knowledge, not many traders take it seriously. Their excitement to make money easily paves their path to losses. These traders seem easy prey for the big sharks who know how to make profits and stand strong in the forex market.
That’s true! Demo and live trading accounts differ. While live trading, we have to take care of our emotions and risky management, which traders usually ignore when they practise with demo accounts. Also, the price fluctuations vary in both accounts. However, demo accounts prepare you with one thing: technical trading skills. So they are not completely useless. But live trading can be overwhelming. One should initially take small risk while starting live trading.demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.
We must understand that doing our trades in the markets is not going to be an easy task for us.Completely, more than 95% Forex traders are losing money here since; they are not following the general rule of trading! They are seeking quick money here without any context! However, in reality you can’t expect anything here unless you have a good Forex trading skill!