Forex Trading is a minus sum game, the more you trade, the more you lose!

Trading Discussion Currencies
21

I want to start trading, could you give me some advice

22

You donā€™t have to be a virtuous innate to make money in the financial markets.

What you have to be is a stubborn, disciplined and persistent head.

You have to be able to survive until you have learned.

Persistent and disciplined.

2 Likes
23

A friend of mine told me that I can easily make some decent money using trading platforms. As far as I know, heā€™s a trader with a huge experience in that field. Heā€™s trading for over 5 years and heā€™s pretty good at that. He bought a big house and a brand new car last year. I want to be like him and thatā€™s why I was looking for a good trading platform to start trading. I think I might be good at this. My friend told me that I can easily use Fondex Forex Trading as this is the best trading platform with more than 1000 markets. My friend told me that I can try to trade on CFD. I will try this, I think there are more other people who want to try trading, now you know where you should try

24

In spite of the percentage of traders who lose money, trading is worth the effort. Though finding the best platform or the best broker in the world will not make anyone suddenly become profitable in trading.

1 Like
25

canā€™t agree with the name of topik -there are people that win and lose and only luck decides who is the winner

26

Sorry bro. Luck has nothing to do with it. There are people who are consistently making money from trading, its not because of luck. Its dedication, persistence, following your strategy and analyse your trading and charts continuously.

The only ā€˜luckā€™ is if you were lucky enough to read or talk to someone which stops you from giving up before you become profitable. But winning and losing is not affected by luck. Keep at it, wish you the best of luck!

1 Like
27

Before lose money 90-95% traders, but not is 60-70%. At the moment, most traders know how to manage risk and there are also tools for this, e.g. Risk Reward Ratio Indicator MT4 and other useful tools.

28

I really like your point of view! Thatā€™s so true and clever! :slight_smile:

1 Like
29

Wow! very encouraging. meaning my loss of 60 $ is not a big deal. T
hanks

30

Dude, are you serious? Do you believe what you say? This is complete nonsense! I have been trading for several years and I can assure you that this is a very guaranteed and reliable method of earning. I myself did not believe in it, but over time I gained experience and knowledge. I consulted a lot with my brother, who is engaged in trading, and he told me a lot of useful information. The most important thing in trading is to have information. Statistics can help you a lot if you decide to do forex trading. It is also important to find a reliable platform for trading. I am using a new platform with the most profitable currency stocks. As a result, I started making money in the forex market and this has changed my whole life.

31

Controversial threads such as this always get more posts than the regular discussions.

32

Every trade you take has a risk, but as long as you can measure the risk, you can manage it. Control risk with Stop Loss. Donā€™t risk more than you can afford to lose.

33

Applicable to any platform. :sweat_smile: