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We should always have realistic expectations from Forex. Expecting to double or triple our capital induces us to take high risks which is not healthy for our capital. Realistic expectations and emphasizing the safety of our capital is what makes a good planning and trading strategies.
What are realistic expectations for beginning traders regarding possible earnings?
Some traders come to forex and expect to get rich in couple of months, so what would you tell them?
I think it is better not to have too high expectations with our own dreams, i mean just choose the right plan for us to trade and be focus with trading, and make realistic profit for us, but if you see chance to make profit then analyze it first, because usually greediness will conquer us in that time.yes, this is related with good risk management plan. no wrong indeed set high expectation, but if it will cost our account healthy, better we keep stick with low expectation. can be sure if traders not expecting high, they will get profit often than they choose to hold an order position to waiting bigger profit.
I think..you are right...i also agree with you. Beginners should maintain their greedy nature. Trade in sfe hands i:e with help expert broker which help you to trade safely.