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Coming into forex with fasle hope


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Most people come here to get a quick rich. And too with very little investment whereas any other good business needs a large amount of money. Most traders treats forex trading as gambling. It is the consistent profits that matter a most. Monthly 3 to 5% return is huge for retail traders where as big company's yearly return is 5 to 7 %. So treat it as a business if you want to survive for long in the market. I trade with Eurotrader that pioneered the offering of an MT4 platform with trading execution quality in mind. Trade on an MT4 with No Requotes, No Rejections with flexible leverage up to 1:500.

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Yes, agree with you. Most the the new traders join forex because of money and they only want to become rich quickly. But most them fail because of lack of knowledge and skills and also greed plays vital role in their failure. So if you are thinking to join Forex trading then you always need a good knowledge and skills and you can get good experience with demo trading and after when you feel that now you good in demo then can start real trading and can start making money.

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Most the the new traders come in Forex with the hope that they will become rich quckly so they only join forex and start waiting for results to make money. But they do not do hard work and even have no knowledge and skills. So as a new traders always learn the basics and develop trading skills and after it start making money.

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Forex market are unpredictable. No one knows where the currency price will move in the next few days. Therefore, the market is associated with risks that are very difficult to eliminate. Therefore, traders need to keep risk as low as possible. In order to reduce the risk and maintain the profitability and consistency, it is clear that trader need to have the profitable trading strategy. I am a scalper and I am trading with Forex4you.
 

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