Thread: The Key Elements to Succeed in The Financial Markets

It was expected that the main message which I tried to pass to you in the last educational post would not be so popular. I tried to talk about things which are not catchy and their effect will be shown only in time. Work hard and reach your goals. Work hard and become a profitable trader. Work hard in order to get access to new opportunities. But at the same time, I got an additional confirmation of why 90% of people fail in trading.

Why «gurus» and «legends» are so popular and why the community was spoiled by pushing forward simple solutions which can make millionaires from everyone. On the other hand, not too many millionaires here, so it seems the quick and easy route, as expected, does not work.

We have to understand that the majority of people in any trading community is made out of people who don’t have an interest to become successful and change their life to the better. They want to become rich as soon as possible and, for them, sweet dreams have higher priority than hard work with real results. For those, who could get the message correctly, we will move further and in this post.

Please read more here : https://www.tradingview.com/chart/BT...d9bb-248253121

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If you can make suitable judgments regarding your investment of wealth within your capacities you will be able to earn good profit. Before you can try some currency pairs for making investment of your money think wisely that whether the pairs you are trying. On the other hand, not all pairs will be equally attractive and working to provide you good income. In this manner you should try to choose your trades wisely.

A fixed exchange system does not react to changes, and unless the authorities eventually readjust the exchange rate through a process known as devaluation. In the forex market, there are many kinds of currency conditions and there are many ways to earn profit from this kind of situations I am doing exactly this with FXdirects. A floating exchange rate system allows the currency to adapt to changes gradually, and removes the rationale behind currency crises.