What annoys you most in Forex

The one thing I don’t like most about forex is that many people have adjusted to the market who are just in it for easy money by deceiving gullible people.

I agree. Unfortunately in an industry that combines promises of quick profits with often ignorant people looking for that such result is inevitable.

When I miss a trade opportunity that I’ve been waiting. It’s not only annoying, it’s frustrating to not be able to ride the bus you’ve been patiently waiting for.

Watchng my stop get hit on a long whip then the market goes my way.

It truly is very annoying when that happens, and it does happen from time to time. I mostly avoid it by not trading during big news events.

Nothing Annoys me into forex trading.

Trading Forex is very easy in binary options trading. Go to the trading platform of your binary options broker and there you can trade Forex using all the trading types like High or Low, Boundary, One Touch, 60 Seconds, Option Builder etc. High or Low is the most widely traded binary options for Forex followed by 60 seconds.

I hate it when the price freezes in one place, and it’s unclear where it’ll go next.

I don’t like it when during the news the price starts to bounce and the spread widens, sometimes for that reason I get stoploss.

Well, what Forex trading really annoys me is that whenever I expect one commodity or stock to rise and my momentum is there, and then suddenly there was big news that it surge. It feels like I assume to something gave my full attention to expect then wasn’t able to give it back.

To avoid that happening I recommend to check a Forex calendar at the beginning of every week. Maybe even in the beginning of every day, in case there are any updates.

Hi guys,
Please share your slippage experience so others can benefit from it and make necessary changes.

Nothing as I love Forex Trading

I love Forex trading too and the truth is that the things that annoy me are more related to my own flaws - lack of patience, for example, than to Forex.

When it comes to currency exchange, I see everything through rose-coloured glasses and do not notice any flaws. Probably I’m still on the first stage of my relationships with Forex :slight_smile:

Give it a few months, you will notice plenty of flaws and those rose-coloured glasses will disappear.

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Covering the Russian forex industry, the most riling trend I have encountered is the perpetual naiveté of clients. In a global era where information is amply supplied and highly available, one could expect traders to research and know better where their hard earned money is going to.
This year we have witnessed the colossal collapse of MMCIS, one of the largest brokers in the former Soviet sphere. Painful, but hardly a surprising one, as regulation warnings were piling up against the infamous broker, side by side with an alarmingly gargantuan advertising budget featuring various local celebrities.
Also, while Russian traders did not learn many lessons from scam tactics employed and exposed in other countries, local crooks unfortunately have. This year we have seen a migration of such methods, most notably the above mentioned clones, into the Russian forex market at a substantial degree.

What severely annoys me is seemingly endlessly continuing range. No range is truly endless, but sometimes it lasts long enough that it feels like it will never end. And just when you give up and stop following that currency pair it ends and you miss the best moment to open a position.

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I’m absolutely annoyed by flats, I hate moments like that in trade.

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They’re exhausting. They test a trader’s patience in a way almost nothing else does, because it’s generally a poor idea to trade during such a period, but the desire to do so is very strong.

So what do you do when the price goes parabolic against you faster than you can close the trade. Are you just willing to stomach an abnormally large loss every now and then?