Hi, ya’ll! As a new trader I choose Forex because of it’s convenient market hours, high liquidity and the ability to trade on margin. Hopping to expand my knowledge and become profitable forex trader.
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Well, learn before you earn should be pasted on your wall, plus HOW NOT TO LOSE MONEY.
I lose count of how many new traders expect to become profitable quickly. FX trading is simple but not easy, and over 75% of newbies fail to make the grade.
You might want to ask the question - why? Answer, they overtrade, revenge trade, gamble, and fail to control their emotions - hence blowing their accounts. Without capital you cannot trade.
That’s the reality.
most welcome in this community , have a very good journey
its a most popular forum we have from all , stay here with cool mind and bring good knowledge and experience.
hi and welcome , i hope you already got the answer
most of the traders above all beginners level fail due to same reasons which already you have mentioned, actually we the traders have to come out from same mistake , it should be the first priority
My reason for forex trading was the same as yours. I was already doing a 9-5 job but was looking for a way that could help me make some extra bucks. Forex trading proved to be great and I left my job after two years of trading forex part-time.
Right on! Margin trading was one of my appealing reasons too, but I learnt rather quickly to be overly cautious with it.
Anyway, good luck to you.
Hello supper excited to.be part here am 50 yes old from Nigeria and am here to learn and to get rich