Am Machia from Tanzania,I was working part time job but not anymore.I firstly heard of Forex from my friend she told me her brother was trading forex.I wasn’t able to to look into forex because I was in college in exams times.
After graduating and stay with no job for year,then i got part time job and just worked for 2month.Then through my twitter account I came across a post from I can say successful Forex trader in Tanzania Sir Jeff and there I start educating my self on Forex from varios books and Forex broker education videos.
Am still newbie and learning but I managed to make profit on demo acc with no plans and strategies I can say luck and tried real money and loss.
Then I got forex God father book and get a bit knowledge of how to be successful and am still following it by starting forming trading system.
Trading forex is all about NOT LOSING MONEY. Increase your understanding of risk and money management for you to stay in the game until you learn how to trade properly.
if you’re experimenting on a demo account, treat it as though it is a live account, until you’re ready to duplicate your mindset when next going live. And cut losses quick.
Yah I learned one of things that makes me lose is poor risk money management!
The forex market is the most profitable online business. Many people earn a lot of money from this market every day with their knowledge and experience.
Sure it that’s why we have to learn more and have a journal for record of success and failures of each trade
Remember that your money is always at risk when you have funded your account. Therefore, you should never risk what you would need for your everyday expenses. Try focusing on your trades and small losses instead of counting your equity over and over again. This will make you much more successful.