Do you enjoy trading forex? or you just want the money?

Etedus12

Sergeant
Messages
176
I do want the forex trading works for everyone else being good. They do really need to implement all this things no matter what. How do you really place everyone else here. But I do want the money cause I do not see how to trade forex long term.
 

momo3HC

Master Sergeant
Messages
419
That freedom does not come free and you have to give many sacrifices in terms of time and money before you can get yourself financial freedom.
Exactly. There will be a lot of hard work, sweat and money before (and if) you achieve it.
 

fxoday

Sergeant
Messages
232
Exactly. There will be a lot of hard work, sweat and money before (and if) you achieve it.
Yes, high patience required beside hard work, sometimes as trader being impatience because of a loss in trading, so prepare our self to learn how to safe trading, not only about profit trading but also consider about loss trading, which this part in online trading
 

fxoday

Sergeant
Messages
232
Love trading! But to be successful, your focus cannot be in making money but on protecting your money!
This is right because the risk is part in trading, without protecting money wisely, one mistake might the cause of big losing trades
market forex is very wild, trading discipline is required to keep survive our account.
Enjoy, still many opportunities ahead
 

momo3HC

Master Sergeant
Messages
419
Yes, high patience required beside hard work, sometimes as trader being impatience because of a loss in trading, so prepare our self to learn how to safe trading, not only about profit trading but also consider about loss trading, which this part in online trading
Yes. Work and patience is 50:50 split.
 

fxoday

Sergeant
Messages
232
Yes. Work and patience is 50:50 split.
Without patience will hard to survive, actually as a trader has higher losing trades than winning trades because in every order will be charged by spread or commission, this is a first loss, then if movement price against the order, a loss will higher more
 

georgequayle

Recruit
Messages
155
Hello guys, This is Almond posting, ASSASSINFX is just my blog name even though I joined FPA to let you all know about it. It's a very long story how I knew there's something called forex that makes people rich. I didn't hesitate so I tried it, deposit $10 on tradersway, blown it but deposit $250 on another broker, I don't want to count all blown accounts on different brokers but the very last broker i'm using till forever is now pepperstone. Experts say that I gotta be risking 2% that makes sense right? no, it doesn't with a $250 account, if i risk $4.5 in a single trade, I'm never going to be rich. in fact there is a huge chance that I'll make less than $100 in a month which is less than the minimum wage in South Africa. Remember a good consistent strategy makes 20%, 30%, 15%. Its rare to find a consistent strategy making over 100% each month, if there is though, that person takes a lot of risks that can blow him out in a few trades.

So whenever I'm in front of my charts, I get this huge anxiety, this thing doesn't feel worth it anymore. That's just thoughts though, I sit down and beg myself, After taking the first trade and its time to manage it, I literally don't want to look at the screen, the anxiety gives me no chance. I'd find any excuse to go away, maybe get a cigarette, when I get back its either the market hit TP or SL, whatever the outcome was it always leaves me with more anxiety. if I won I'm gonna be not too pleased with tp cause it was too close, or if the stop loss is hit I'll always feel terrible saying to myself "I knew it".

The other thing I never knew how to do persistently was to trade on demo, I tried but my mind just won't let me trade cheap on demo, I say its cheap cause it ain't totally free, data is very expensive.

Other occurrences were those leading me to blow an account every time. I'm still shy to share that pattern cause it's the most stupid thing ever done by a normal male being who is seeking money from forex.

It all came to this question, "Almond do you love forex? or you are just doing it for money?"

Do you have trading problems that you are not proud to share? Perhaps this thread is yours, poor your heart here I won't judge you.
I think the truth is that people love the idea of profits and don't really want to do the trading aspect
 
Top