Discussion in 'General Forex Discussion' started by ituglobal, Jan 27, 2016.
I'm not disappointed in it, cause it's my everyday work.
In fact I don't see any reason why we should be disappointed, because for some us here we make a leaving off forex. True, it might not be easy sometimes but we can definitely cope knowing there is hardly any other option.
same as me
Oh. a couple of years... But what's the problem? Doesn't your strategy work? Can't you forecast the price movement or something else?
don't know but I sense giving up in the tone of the post, because of possible failures sometimes which is common even among experienced traders.
Just redefine your strategy, maybe go back to learning again, or a possible break can suffice to analyze things over again.
Forex is place where you need patience to make money. If you can do well by keeping patience, then you won't be disappointed in forex. so need to have good knowledge and patience to make money from forex
I was answering to FoxyFoxy in order to find out where is the problem. Yes, I think that it looks like a giveup post either, so I wanted to help him
I am sometimes disappointed when I lose, but I have chosen not to give up. A trader once said, "currency trading is not about making money, it’s about learning how to not lose money".
Has he replied yet. I feel he really needs help, fore can be very funny sometimes and can play a fast one on you.
Yep, making money in forex is a long process but well worth it.
Nice thread here, but like they say; it is easier said than done. Bottom line is, it is very difficult to take lose easily but I guess we just have to try hard to control our emotions.
How much time did this process take you , if it's not a secret?
Traders lose and are disappointed not because trading is hard and difficult a thing to do but it is because of ignorance, or lack of discipline or because of both that makes some traders disappointed.
Yeah, we cannot just come in Forex, and start earning money, you need to learn a lot first, f you wanna become successful in Forex, else you will just end up losing it all.
Agree with that one! Something very important is the emotional discipline, many traders seem to have problem with that
One effective way to minimize this our emotions is to act fast to get out of a losing position so you can keep your losses to a minimum so that trade has been executed to the best of your ability. Once you have entered a trade you should enter a stop-loss order. Your stop needs to be adjusted to lessen the amount of money you have at risk and to protect any profits you may gain.
I feel for some it takes short period of time, wonder how they do it. While others take a very steady long period of time. Forex is not always rosy I must say!
It's obvious, yeah.
Still, I wonder why a person is ignoring questions
I'm interested if some people on this forum read the answers to their posts
Winjak, you made a fine point. So many don't even read the replies to their posts, and earnforex has even made things very easy. You can see your alerts of quotes to your posts or replies.
Many newbies are disappointed with their tradings, as they are not having much practice before getting into real trading. You need to remember that if you wanna become successful you need to have lots of practice.
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