Thread: Spending time.

Most Forex traders spend 99% of their time on analysis and the buying and selling of currency pairs. Many of these traders ultimately join the legions of Ex-Forex traders because they ignored the most important aspect of speculation money management. You can be a good analyst and lose money trading due to poor money management. But, if you have sound, market-proven money management concepts, and the discipline to follow them, you will never lose all of your money.

I used to spend such kind of time when I was new and I didn’t get to understand the market situation. But as you are getting experience enough in this market I don’t think you need to spend such quantity of time. Forex need perfection and you need to realize the market situation deeply. I learned to read this market well because of my broker AAFX’s support. It provides free training and expert forex trading courses to their clients.

I think if they would spend a bit more time analyzing their trades, the things would go much better.
Everyone can buy and sell, but not all the people do it for a reason

I think trader are not spending their enough time in analysis. Trader need proper money management and risk management with proper planning. Because these 3 things are most important for forex trading. Because without this facts trader will not able to survive in such a risky business. Trader can do these things properly if they have a good trading support. My support is TopFX24, my trading broker. Who are supporting me with their active customer service.

Spending time in learning is the best way to achieve success in Forex market. Because in every business learning has no limitation. The more you learn, the more you could earn. It is best to learn till the end to get best result. I have learned in my trading life from the free seminar class at Forex4you broker. This broker is really very active and advance technology provided broker. Their educational source is huge without any doubt.

reaching success in forex is not an easy matter, so it is important for traders to be able to get better and be more maximal in running trading activities that are in line with what is expected when on a real Tickmill account.