The major issues in forex trading as a beginner you must know how to trade, also to be a successful trading in forex you must learn about it.
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As some one listed in a thread and I agree with him. He listed that most people will but learn about forex trade to what they need to know and they will go into trading without an expert guiding them and they are fast in making decisionsAs every body know that there are issues in every business or trading. In my perception the forex trading issues may be different from other physical businesses. So could you please elaborate those major issues of forex trading?
True, one thing I have come to learn and understand about forex trading is that you can never learn it all, there is always something new to learn because of the nature of the market. Even experts make losses sometimes. As a beginner the best way to grow is to see every loss as a lesson.The major issues in forex trading as a beginner you must know how to trade, also to be a successful trading in forex you must learn about it.
It has not been easy learning , monitoring and knowing forex trading fully well, I learnt it for a month and i really dont know much because I loose my money when i eventually ventire into it.True, one thing I have come to learn and understand about forex trading is that you can never learn it all, there is always something new to learn because of the nature of the market. Even experts make losses sometimes. As a beginner the best way to grow is to see every loss as a lesson.
No matter how long you learn, you can never be above Losses and you can never learn it all, cause the market changes every time and there are various scenarios that you might not have come in contact with while learning, but all the same don't give up Keep trying.It has not been easy learning , monitoring and knowing forex trading fully well, I learnt it for a month and i really dont know much because I loose my money when i eventually ventire into it.
I think forex as it is has a lot of technicalities,and one really need to focus on the aspect that works very well for him/her.because whe it comes to the issue of forex,one cannot learn all the details all at once.Forex, an example of money market is a financial market that creates influx for income and cash flows. I have not seem to know how to predict well on how to know how to make profit predicting the movement.
Yes they make their profit from you loosing, hence most brokers usually temper with your account, a coach once said if you are in the forex market and you noticed some glitch, your trades hardly stays in the profit zone, if you notice it the first and 2nd time, stop trading he said cause at that time the brokers might have noticed too much persons are going in profit, so they have started tempering with it.I think the basic issues with forex trading is price manipulation by brokers. Not all brokers profit from your win, some actually profit from you loosing.