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Forex And WE!!


biwake

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It is like you know about everything but let me tell you something, knowing and has experience is different things. I see many people mumbling about how to manage the risk but they cannot do that and find hard time to do that too. In fact managing money is tiringful activity and yet it is related to our greediness.

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It's even what is in vogue now. Forex is something that gives anyone the concept of earning money online and for the fact that the trader is able to work hard to make that a reality, then it is something he definitely's gonna achieve. There are a thousand and one of those who are in dere need of ways to earn online and that is also where Forex comes into play.

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So that is all about the psychology of a trader itself, with they are able to think positively of their prospect and future of trading they will able to make more profit and less mistakes. It is good for them and proven to most newcomers or even few traders who are experienced in forex.

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  • 4 weeks later...

@decub: In reality some can achieve what they want and keep doing it while there are some who lose and giving up while the rest of others failed but never giving up. Trader's are the main core of forex the price rise or fall thanks to the trader who bid the price.

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@decub: In reality some can achieve what they want and keep doing it while there are some who lose and giving up while the rest of others failed but never giving up. Trader's are the main core of forex the price rise or fall thanks to the trader who bid the price.

That is right though. There are some other factors so many others consider and some times also, it depends on what the person has in mind before coming into Forex. There are those who may not have a pre plan for themselves because what they want from Forex is simply that of making money even when they don't have good knowledge.

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Forex and we. We just need to know how to cope with Forex and learn how to make it work. Those who don't think of a way to make Forex work for them in other to earn will have to learn how to manage it well. It is good thing to understand how to learn first of all because that is what actually matters and that is what is responsible for us to earn well.

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You can do that and actually you should at least to gain more understanding about forex. Actually if you want to be a better trader learning is the part of your daily schedule for sure until you reach at least seasone traders stage. Forex and We as trader connected each other and cannot be separated.

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  • 2 months later...

Forex and we. We just need to know how to cope with Forex and learn how to make it work. Those who don't think of a way to make Forex work for them in other to earn will have to learn how to manage it well. It is good thing to understand how to learn first of all because that is what actually matters and that is what is responsible for us to earn well.

We should understand that forex market is a big thing while we as retail trader just small piece of forex. We are here to udnerstand market and never hope that you can control the market or expect market to work just like what we wishes. We are here analyze only and follow the trend.

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  • 1 month later...

So why don't we hope that we can understand the market, rather than push ourselves to trade but we cannot even keep up with the trend and always so it is better if we trying to understand the market iself. In fact we are the part of forex market ecosystem too, that will affect if the price is moving up or down.

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As title said forex and we. So i assume that there is a relationship between forex and traders(us). This is true because we are the part of forex ecosystem and technically the one who move the price is trader not broker(unless your broker offer dealing desk account). Since this relationship is so strong, you cannot separate it all now.

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True, i agree that we are some kind of part forex ecosystem no matter how small we are trading as long as we don't trade in dealing desk broker, if we trade in non dealing broker we connected to liquidity provider which become the global market of foreign exchange itself. 

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  • 2 weeks later...

Forex and WE, I actually think that we as retail trader are part of foreign exchange ecosystem. First of all, forex is a market build based on its community around the world who want to conduct transaction or just for pure speculation. We are trader and we face market in fact we face the other trader who has their own needs, some want one pair to rise while the others are not.

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  • 2 weeks later...

forex trading business is opportunity to us to get decent income. however, the risk equal with potential gain. traders have no chance to generate good and consistent profit if they are have no sufficient knowledge and experience to help them generate good trading decisions.

But we as forex trader should thinking about the possibility of loss and this is what we called as risk management. People who spend a lot of money without thinking of maybe lose more money isn't a good example of trader, and in forex risk management is the most important thing, it is like as long as you alive you still can climbing to the top.

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@standart: Sure that we have potential to get decent income from forex but to make it true requires more than that and not all traders could achieve it. Also i agree with @sidejob People only think about profit over and over again but doesn't realize that forex is a high risk business. High risk means there is fat chance we may lose our capital, and the best way to reduce its risk of course by our own risk management.

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@standart: Sure that we have potential to get decent income from forex but to make it true requires more than that and not all traders could achieve it. Also i agree with @sidejob People only think about profit over and over again but doesn't realize that forex is a high risk business. High risk means there is fat chance we may lose our capital, and the best way to reduce its risk of course by our own risk management.

But that is our reason right? Profit is the main motivation that driven a lot of people to plunge into foreign exchange. Fx is high risk, so do Stock, or Commodity Futures. Well the other jobs also has risk but that is lower and people stick with that high risk because of the chance of getting more money there, remember the flexible time table you get with FX, you are the boss you are the one to choose when and where you trade.

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Yes, but doesn't change any fact that forex is a high risk business. Also as WE part, we need to know about that before join and broker who also the part of forex should give a quite big disclaimer below their homepage so people can see it clearly that forex is risky one. Forex become like this thanks to its ecosystem, to people who want to make fortune here forex must have players the more better, because it means more liquidity for this business.

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Right, retail traders, big bankers, private hedging funds and so on are the part of forex itself and you know forex turnover daily is keep growing, the latest one i get is around 4-5 trillion and i hope it keep increase more and mid-class movement in some developing countries keep looking for more money and fx is one of the most feasiable way for them to invest their money.

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  • 5 months later...

Forex is the business or to be exact the market where we trade later and WE are the trader, the one who speculate on that market  and trying to make money from it. Forex has strong relationship with traders, as long as traders still speculate there will be movement in the forex market which is good because the main concept of foreign exchange is trading and speculation.

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