1- All Forex traders (we emphasize all traders), lose in some of their trades.
Ninety percent of traders lose money mainly for reasons such as lack of planning, lack of training, lack of order, non-compliance with the limits and limits for their transactions and poor money management.
If you hate losing or you are a very perfectionist, you will probably be challenged to adapt to Forex trading because all traders suffer losses in some areas of their trading.
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Let’s talk about our personal experience. Unfortunately, 100% of novice traders lose all their inventory at the beginning.
There are many reasons for this in the Forex working community.
- Lack of regulatory bodies
- Impossibility to provide specific training for Forex
- Severe economic problems and pressure and stress
2- Forex trading is not suitable for unemployed people, people who have low income, or are in debt and need a source of income to pay their installments .
At the very least, you should have $ 1,000 in capital so that losing it will not be a problem in your life.
Do not expect to start with forty or fifty dollars in one account and become a billionaire!
The Forex market is one of the most popular markets for volatility due to its large size, high liquidity flows and the tendency of currencies to move in strong trends.
You might think that traders around the world are making money, but the reality is that success in this market is limited to a very small percentage of traders.
The problem is that many traders come to this market thinking of getting rich overnight, but in fact, they lack the discipline to really learn the art of trading.
Many people do not even have the ability to follow a diet or go to the gym three times a week on a regular basis.
If you are not able to do such things, how can you succeed in one of the most difficult (and economically rewarding) missions known to humanity?
Short-term trading is not for amateurs and is rarely a way to “get rich quick”. You can’t make huge profits without taking huge risks.
High risk in trading means fluctuating trading performance and high losses.
The trader who does this probably does not even have a trading strategy. (Unless you consider gambling a trading strategy!)
Forex trading is not a fast way to get rich!
Forex trading is a skill that takes time to learn .
Skilled traders can and do make money in this area. However, like any other job or profession, success does not happen overnight.
Forex trading is not a slice of a cake (as some people like you to believe.)
Think about it, if that were the case, everyone who worked in Forex would be a millionaire.
The truth is that even experienced traders with years of experience still suffer intermittently.
Keep this in mind: There are no shortcuts to Forex trading.
It takes a mountain of practice and experience to master it.
There is no substitute for practice and effort.
Open a Forex demo account and practice trading. Find a method that is fully aware of its modes and you can implement it without any obstacles. You have to find the way that suits you and answers you !!!
Forex training courses and signal channels
If you search a little on the internet, you will come across a lot of training courses for engineers A and Dr. B. Training courses with sometimes space prices.
Please, even if you have a lot of money, do not go to buy the course right now. The training course of this site is one of the most popular sites in the world and has been localized by a professional market trader. This course covers almost all Forex science topics.
Please complete this course carefully and then go to purchase the course if needed.
Although we can not deny the existence of exceptions, unfortunately most of the teachers in these courses are not successful traders. If you search in Forex groups, you will find a lot of dissatisfied people buying these courses.
In the case of signaling channels, the situation is much worse. Someone who signals then naturally has to be a successful trader. A successful trader also has a long-term successful performance to offer you. A successful trader can provide a signal on sites like mql5.com And myfxbook.com Attract a large number of customers from all over the world. Ignoring these sites and going to a telegram channel can easily arouse your suspicion.
The Forex market is an attractive and fraudulent environment. Think and research before making any decision.
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