Josephjossy
Mythical member
Forex is a good way of making money. You need to understand how the business really works. I think it's all about investing and earning but I will advice not to invest how much you can't afford to lose
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Yeah, you have to be emotionally free, this will activate the key to patience because if you are not patient enough in trading forex, its not easy to win.I heard it is difficult to make money on forex, that you could loose a large sum of money there within minutes.I also heard some people saying you could make lot of money on forex but you have to educate yourself first(diligently working to know the in and out of forex) and you must be disciplined in the sense that you don't let your greed take control of your thinking and you also have to always make trade winds the stop loss take profit strategy to minimize loss and also to prevent you loosing your profit.
A lot of people find it hard to be patient as they think there is a need to be able to take Profits in a short time no matter how bad the market is .Yeah, you have to be emotionally free, this will activate the key to patience because if you are not patient enough in trading forex, its not easy to win.
This is one of the reasons a lot of people lose their money on forex trading and even cryptocurrency. I don't have a plan but are always in hurry to make profit.A lot of people find it hard to be patient as they think there is a need to be able to take Profits in a short time no matter how bad the market is .
Invest only what you can afford to lose. Don't be greedy. Study carefully the charts. Be wise in trading. Buy low and sell high.This is one of the reasons a lot of people lose their money on forex trading and even cryptocurrency. I don't have a plan but are always in hurry to make profit.
It depends on how good you are when trading in forex that would determine how you could possibly gain or lose at the end of the trading on forex. So if you must trade forex trade wisely.I heard it is difficult to make money on forex, that you could loose a large sum of money there within minutes.I also heard some people saying you could make lot of money on forex but you have to educate yourself first(diligently working to know the in and out of forex) and you must be disciplined in the sense that you don't let your greed take control of your thinking and you also have to always make trade winds the stop loss take profit strategy to minimize loss and also to prevent you loosing your profit.
I learnt that one needs to also be able to prepare themselves mentally in order to be able to sustain themselves in forex as it could be devastating at times.This is one of the reasons a lot of people lose their money on forex trading and even cryptocurrency. I don't have a plan but are always in hurry to make profit.
Of course, forex trading can be devastating and is sometimes affect your mental health. I quitted learning it when I heard the story of someone who committed suicide because that time I don't even have money talk less of losing it.I learnt that one needs to also be able to prepare themselves mentally in order to be able to sustain themselves in forex as it could be devastating at times.
I have been hearing bout forex trading a since a long time. I have seen some local people make money by working as foreighn exchanger. However, I do not know how foreigh exchange works online.
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