Before we start anything in free training course in Forex we
should be honest with you 100% and thus let you know about trading foreign
currencies:
1) All Forex traders lose money during the trade:
The 90% of investors in Forex lose money heavily and the
reason for this is the poor education or lack of planning or lack of training
on different market conditions or reliance on the rules of money management is
bad or even of them does not depend at all on the tools of money management or
may be the reason for the latter is changes in market conditions.
2) Forex trading is not for the unemployed, in other words,
is not for who has weak income:
Yes Forex is not for that person who cannot afford to pay
the electricity bill, which is due to run using his computer, the trader should
have at least $ 2,000 of capital scalper to trade in a mini account or $
10,000, at least in the standard account, or $ 100 in the micro account to be
has the ability to withstand potential losses should not expect it to start
with the expense of a few hundreds of dollars to become a millionaire in a
short period of time, yes, he may has successfully invested in this small money
but the results are within the limits of the amount of capital invested.
3) Most traders lack the discipline to work in the Forex
market:
The Forex market is one of the most popular markets because
of the sheer size and liquidity and the tendency of currencies to move in
strong trends up and down and success in exploiting trade opportunities are
especially learners or learning trader.
Many traders come to Forex with the wrong hope to become
millionaires in leaps, but this will not happen in the case of lack of learning
or lack of discipline required in the trade, and more people usually lack the
discipline to a part-time profession or neglect... Etc. . . .
If you say you cannot be disciplined, how do you think you
will succeed in Forex Trading!
4) Most traders forget that the Forex market has the ability
to wiggle:
the near term Trade is not an amateur game and are rarely
the road to fast riches you will not be able to achieve the success of the
large investment without the presence of significant risks associated with it,
but that does not mean that your business strategies includes a significant
degree of risk, because the trading strategies improper that involves taking a
degree great danger and lead to trade contradictory, suffering and losses are
often not successful investment.
The trader who does not have a good strategy in the trade -
or does not have a strategy mainly in the trade - it is so, and unfortunately
traded in Gambling way player and not as an educated trader understands the
principles of economics.
Trading foreign exchange does not lead to a successful
investment quickly but orderly plan!
Trading foreign exchange is a skill and takes the time to
learn and skilled traders can get money in this area, in any case is like any
other profession may lead to a successful investment or loss.
See you in the coming lesson of free training course in
Forex.
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