Significance of Money is Essential

Discussion in 'Newbie Questions' started by SweetPrincess, Aug 17, 2017.

  1. SweetPrincess

    SweetPrincess Trader

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    Money is our main concern why we traders join Forex.
    We love Forex because we love money that we are earning from it.
    We should consider the significance of money in trading.
    If we understand the value of money then we trade a lot of understanding so we have to take trading seriously and then we can trade smoothly and then earn consistent profits.
     
  2. JimTatum

    JimTatum Trader

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    Hi,
    As we already know about the Warren Buffet statement,
    Everyone should follow the two rules,
    1. Don't loose your money
    2. Don't forget the rule 1.
     
    xerof likes this.
  3. ashouq

    ashouq Active Trader

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    There are lot of traders who looses money in start and many of them looses more while chasing the lost money, so the point is that loosing money in forex is too often but those who learn from these losses, let go them and start again are the one who become successful forex traders in future.
     

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