General advises and experiences sharing for forex traders

[RainbowRain]

You should always analyze your losing trades. Only in this case you will be able to find their causes and make appropriate adjustments to your trading strategy for more successful trading in the future.

 

[RainbowRain]

To earn big money on Forex, you also need a lot of experience and an impressive deposit size to trade with risk control and at the same time earn well even on a small percentage of profit. But many want to invest a minimum in trading, and get the maximum, which does not happen. Therefore, I do not chase huge and quick profits, stability is important to me, so I trade more conservatively and therefore I manage to earn.

 

[RainbowRain]

I think that you shouldn't quit your job for Forex. After all, to achieve stability in trading and in your earnings in this market, it may take more than one year, and not everyone will be able to become a professional here even after this time. Therefore, it is better to learn trading while having a main job and a stable income. And then time and your experience will show whether you can make Forex your main income.

 

[dausbiz]

Kalau duit berlambak ok la

Nie berhenti kacau mak kacau bini familly

Jangan buat gila berhenti

Silap silap penendang singgah kat muka

 

[RainbowRain]

The more someone thinks about unlimited profits on forex, the more they want to completely ignore risk control for the opportunity to earn a lot and quickly. And this, in turn, will never lead you to success and the dream of unlimited profits will remain a dream. Therefore, you need to think realistically and set real plans and goals for the size of profits according to your experience and skills, and first you need to try very hard to learn how to earn a more conservative, but also a more stable percentage of profit per month. And only then consider the issue of increasing profits.

 

[RainbowRain]

Losses in Forex are not failures, but part of learning. They show weaknesses in your trading strategy or poor risk management. So if you are willing to constantly analyze your losing trades and find their causes, you can gradually make adjustments to your strategy for better results in the future.

 

[RainbowRain]

Proper money management and risk control help to minimize your losses in unsuccessful trades, and this, in turn, helps to reduce fear and stress when trading and allows you to be more psychologically balanced and less susceptible to negative emotions, which helps to improve your performance.

 

[RainbowRain]

t is better to start trading in your free time from your main job and you should not forget that this will require serious and time-consuming preparation. When you see that the income is stable and the trading system works - only then can you consider switching to a full-time job as a trader.

 

[dausbiz]

Janji ada duit la nak berhenti kerja apapun leh beb

 

[Callahan Sinclair]

I wouldn’t recommend it. Forex is high risk and inconsistent, especially without a steady income or proven long-term results.