The following are the things that are considered as a problem by the trader . This article is written based on the experience in the Forex market .
Among all the reactions given by the trader . The most interesting to review briefly is about success in trading forex itself. Here are some of the comments that have been proposed :
Trader : " What good is a career in Forex which only has a 2 % success rate ? No matter how we are using / doing business , Forex trading is a gamble . And in any gambling only dealers who will win . Spent three years I have tried many transactions , and yes , I have given up . Reason I gave is I 've been many times do the transaction buy / sell , but eventually just keep losing and losing . Successful Forex trading like a beautiful dream of the meaning of financial freedom . Now I began to see that it was just a dream illusion " .
From the above statement trader , it is suitable to be used as a conversation topic . Because such statements will help traders find the real answer .
The first thing that should be clarified that not only forex has a low success rate and high risk . You have to look at the forex from a business point of not investing alone . So how to manage finances properly so that business continues to grow . Statistics and surveys show that 95 % of small businesses are likely to fail . Of course , now it is more than that . The success and failure in any business , whatever it is , is the same . However , if further review , Forex trading has so many advantages compared with other businesses . In forex there is no competition among traders , but in other business , the competition is real .
Advantages of Trading Forex
1 . You can make transactions from home via your personal computer .
Without the need for driving , office or warehouse , no employees and operational payments , no extra charge . And promotion costs to support your forex business .
2 . Liquidity in Forex as making potential is endless .
Though like any other business , Forex has no restrictions and when you reach that limit , you will not be able to achieve even greater gains . If we follow the trend forex charts where it means moving , profits can be obtained . For the real business we have to look for the demand of our suppliers in order to be profitable .
3 . Forex trading only need 3 things to master the technical analysis , fundamental analysis , and money management .
In other fields , eg doctor , one must spend many years , large funds , thoughts , research , and so forth to get a degree and start working . Your struggle is certainly not easy considering becoming a doctor also had to struggle with many issues , competition , and academic administration . While working , your income is limited , determined by the system that has been generally accepted . But it does not apply to trading Forex . So you want to become a Forex trader , you simply open the account , at that time you have already started a career as a Forex trader . In addition , there are no age restrictions .
4 . Forex is not much discussed in the action business .
Problems in forex is ourselves . Once we master the psychology of trading , the biggest problem has been finished . While in other businesses , the first and most important is the competition . In Forex trading you do not have to compete with others . There are only a price chart that you must follow . Even in the forex business , a fellow trader has a strong sense of brotherhood . They will be happy to share the experience .
In forex there is the so-called leverage so that the possibility of profit doubled. It is not owned by another business. That's why people show much inclination to learn Forex business. Even if there is a loss position, before we close the transaction has not completely lose it. With a sustained follow-up analysis, there is still a possibility to return a profit from a negative position.
Unfortunately, when traders saw that no limits to gain profit from Forex fishing greed, which in turn makes the trader is not able to properly transact. So they failed because they were unable to read the situation and conditions. However, if the trader is able to control themselves and understand the conditions, both the market and their trading system, then they can earn a living through Forex. But not a lot of traders are able to do so.
2 . Liquidity in Forex as making potential is endless .
Though like any other business , Forex has no restrictions and when you reach that limit , you will not be able to achieve even greater gains . If we follow the trend forex charts where it means moving , profits can be obtained . For the real business we have to look for the demand of our suppliers in order to be profitable .
3 . Forex trading only need 3 things to master the technical analysis , fundamental analysis , and money management .
In other fields , eg doctor , one must spend many years , large funds , thoughts , research , and so forth to get a degree and start working . Your struggle is certainly not easy considering becoming a doctor also had to struggle with many issues , competition , and academic administration . While working , your income is limited , determined by the system that has been generally accepted . But it does not apply to trading Forex . So you want to become a Forex trader , you simply open the account , at that time you have already started a career as a Forex trader . In addition , there are no age restrictions .
4 . Forex is not much discussed in the action business .
Problems in forex is ourselves . Once we master the psychology of trading , the biggest problem has been finished . While in other businesses , the first and most important is the competition . In Forex trading you do not have to compete with others . There are only a price chart that you must follow . Even in the forex business , a fellow trader has a strong sense of brotherhood . They will be happy to share the experience .
In forex there is the so-called leverage so that the possibility of profit doubled. It is not owned by another business. That's why people show much inclination to learn Forex business. Even if there is a loss position, before we close the transaction has not completely lose it. With a sustained follow-up analysis, there is still a possibility to return a profit from a negative position.
Unfortunately, when traders saw that no limits to gain profit from Forex fishing greed, which in turn makes the trader is not able to properly transact. So they failed because they were unable to read the situation and conditions. However, if the trader is able to control themselves and understand the conditions, both the market and their trading system, then they can earn a living through Forex. But not a lot of traders are able to do so.
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Written by Unknown
We love the world of forex. Sharing information about forex is our way of showing happiness. Therefore we made a "Campus of FOREX" as a portal to learn forex.
Forex is not something to fear, but fear when you are not able to control yourself in the forex or whatever. When profit in forex it becomes your personal responsibility, and when you lose in forex it also becomes your personal responsibility. Forex simply as a facility to achieve financial freedom, no more no less. Forex is a place to think realistically.
Being successful in forex, it means you are committed to establish a disciplined and thoughtful character. Forex may be the best mirror of your true character. Forex is just forex.
Happy reading.
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