Many people are saying that Forex trading is very difficult.
About 90% of traders lose money.
Why?
It is because they didn’t make this business as easy as possible.
If you want to make money in forex market, make your work easy.
This is the only way of being profitable in the long run.
Not sure what this means.
Are you saying use a simple strategy? And simple charts without multiple complicated indicators? I would agree with that.
It’s simple when you realise that
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It is more than a simple strategy.
It is the status of being, I think.
Ask you this question. “Is forex trading easy for me?”
If your answer is “yes”, you are a luck person.
If not, ask you again. “What makes me difficult?”
Get the answer and work to remove it.
I see what your saying but I think like most things in life with repetition ,things become easier or become more second nature,not talking about activities regarding physicality or where an high IQ is needed
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I could make it more interesting though and start trading exotic pairs
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Thank you for your reply.
You are right.
Fx markets is constantly in the state of uncertainty, so there will be no same trading opportunities.
That’s why we feel uncomfortable when we do trade.
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There good money to make but need to be patience
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If it easy to lose it easy to win too
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Great! I totally agree with this sentence.
Maybe there is some truth regarding alot who end up profitable started off blowing account s,you basically you sort of do the opposite in a way and the reverse mindset
I think since trading the Daily charts although a bit boring and not exciting is more profitable in the long ryn.
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I agree. Most people do not agree but they cannot argue that trading off the hourly and minutes time-frame charts is more probably a loser in the short run. And if you lose money in the short run, there is no long run…
You seem to have given it a deep thought. But if I ask you, what would you suggest to make it easy because I have had a hard time dealing with market tantrums. If you know a way, I am sure that it will help many beginners in making the right start.
Hello Rolsellaa.
How are you?
I will answer you.
To human thinking is the most difficult thing to do. That is why human don’t think 95% of time.
So what is the answer?
“Don’t think”
Then how?
Have a trading plan and follow it without thinking.
Focus on one pair with a specific strategy.
Don’t think. And Focus. This is my answer.
And also watching every tick of the chart is VERY difficult to us.
Simply don’t look at it.
Place your order and stop loss and walk away.
Get what the market gives you.
That’s it.