Emotions will kill you in forex trading. The two biggest emotions in forex trading are greed and fear. You need to remove them as far as you can. These two will kill all your trading progress. I know that it is hard but you need to try and give it a shot. What do you think guys?
If you are new than you should have to learn about the policies of this forum. You should also have to read the rules and regulations which are to be made for the members of this forum. You should have to follow these as these are compulsory. Thanks
You should always go for winning small. The best thing about winning small in forex is that it makes you remain humble and grounded to Earth. Many people get carried away when they win big in the market. This is very dangerous for you in the future life. So, winning small is not a bad thing.
If you want to make money quick, then i am sorry forex market is not the right place. Forex trading requires a lot of patience and stamina. You can't rush things as the investment could be lost really quick. You need to think calmly and smoothly before making any decisions.
One of the biggest mistakes you can do in forex trading is comparing your results with other traders. You should't do this ever. Your trading life is different from others. You will try to make harsh decisions by being jealous or feeling inferior. Your trading life is unique from others.
Its nice to see that you are spending time in demo account trading. I will advise you to continue that journey until you think you are able to crack in the real trading. But don't ever brag over your progress in demo trading as the real trading is more cruel and unforgiving than the earlier.
Every trader become happy when profit happens. I am also happy when I got a profit. I also lose sometimes but I recover it by making some small investments on different currencies. It makes me happy also. Never give up when you suffer from loss always try to recover it. Thanks
Yes, but what should work differently? The min deposit is 10$ as it's said. There are bonuses and you don't need to work them off. I've withdrawn profit many times already. You can withdraw it almost instantly. Maybe it takes a bit more time to withdraw it on the card, but it depends on the...
Forexpeacearmy is a good place to point out the scam brokers with evidences. It is really a bad thing to witness that such an actions are taken against it. The FPA has the right to say anything with proofs about the broker reviews and Forex market. Believe in FPA!
One of the bad habit in beginners is they came in the forex market without knowing anything about the market. They came here and invest their money making a wrong moves and loses their money. They didn't have any knowledge how to recover the loss so they quit.
There is lot of experience and time behind the success of experts. You have to struggle hard to meet their standrad. In start they have also started investment from small amounts and demo accounts. To be a good expert remain in touch with market survey.
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