Most of the new trader start trading with the hope of gaining millions of dollars overnight. They think that forex is a money machine if you put in that machine it will generate continues money. But in realty its opposite. Most of trader lost more money than they gain. Without proper knowledge and skill making continues profit is quite impossible. That why I first start trading in demo account then invest with Eurotrader.
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Thread: Forex is not a money machine
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13-07-2021, 10:56 AM #1
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Forex is not a money machine
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18-07-2021, 09:51 AM #2
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To be successful in trading, we really need to practice first, because without practice we will not be able to succeed in trading on a real account. We can try to learn to follow a demo account or we can take advantage of the facilities from a broker such as taking online education, so that we understand more about managing trades profitably
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18-07-2021, 07:57 PM #3
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Trading without any loss is quite impossible in forex market. Not only new traders but also pro traders bear the losses in this market. If you want to trade without any loss, you can try demo account. In there, you will loss only the profit you earned by that demo account. You can reduce your loss by your brain and trading strategy. Reducing the loss and making profit should be your goal as a trader.
Your broker can help you to achieve this goal. I use TP Global FX. They are so good and helpful. In spite of that I have to face losses sometimes. But it is true that they help me very much to reduce my losses and help to make profit after having loss.
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19-07-2021, 04:39 AM #4
demo accounts and existing educational programs must be able to be considered properly, this is done so that traders can be more leverage in carrying out trading activities together with Tickmill.
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19-07-2021, 04:30 PM #5
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If you think that forex is very easy business then I must say please do not come in forex businesses. To do earn money trader should gain excellent knowledge on trading. They should practice in demo account before getting vast knowledge. Trader also should connect with a reliable broker like FreshForex which provides the best leverage offers, outstanding deposit bonuses, free educational course and the best guidelines.
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23-07-2021, 04:16 AM #6
The selection of existing brokers must be carefully considered, this is done so that traders can become better at getting maximum trading security and comfort like what I got from Tickmill.
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25-07-2021, 10:00 AM #7
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To achieve success in Forex market Forex traders should trade without being emotional. Because if you take your decisions emotionally you will surely face loss and never will able to reach success. As a trader I prefer the STP trading brokers that are why I choose the best STP trading broker called Tpglobalfx. They give highly secured trading funds, smart bridge of technology; error free well-timed trade executions and narrow spread.
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25-07-2021, 01:08 PM #8
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To do trading, we should do the exercises first so that in knowledge we can optimally. And as long as we want to try to learn, there will definitely be results that we will be able to get in trading with the Freshforex broker
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26-07-2021, 09:53 AM #9
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Trading without any loss is quite impossible in forex market. Not only new traders but also pro traders bear the losses in this market. If you want to trade without any loss, you can try demo account. In there, you will loss only the profit you earned by that demo account. You can reduce your loss by your brain and trading strategy. Reducing the loss and making profit should be your goal as a trader. Your broker can help you to achieve this goal. I use Forex4you. They are so good and helpful. In spite of that I have to face losses sometimes. But it is true that they help me very much to reduce my losses and help to make profit after having loss.
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29-07-2021, 05:24 AM #10
The selection of the existing broker must be able to be managed properly, this is done so that traders can be more leverage in getting the security and comfort of trading together with Tickmill.
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