What to expect in dealing to Forex?
In forex dealing expectation should be realistic , high expectations are not good for forex traders because they can make risky trading and loose their actual amount . Here smooth way of trading remains safe . Managing risk and accounts is important than having high profits one time .
Forex trading give the flexible time to make money, we can do this job every time from Monday to Friday, just look at the best time to place an order and put stop loss and limit in every order then we can take the free time, just take it easy, we don't have to force our self to trade every time.
I agree because expecting too much in forex is not also good so we should take it slowly not to force ourselves for us to think and decide properly.
Forex is high risk,high reward business/financial market.You must concentrate on learning because you can't expect anything if you doesn't learn.
hi all,
first of all, expectations should be realistic. never fall prey to the marketing hypes. get a reliable and reputed broker for trading. if planning to do it through a robot, choose the best one and you have to spend a few moments for final selection.
thanks
Mark
A traders expectations should be realistic for forex, as low profits are possible to gain than having large targets that are not real to make . In this try mostly traders face loss. I expect only some regular income which can fulfil my basic needs from forex.
Forex, like any other types of investment, is risky. Risk is one of the things that you should expect in trading foreign currency. Another is loss. Loss is normal. Almost all traders got to experienced this thing even those whom we can considered as experienced one.
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Forex is dangerous when you don't have enough knowledge in Forex trading same as if you don't have any experienced in trading. Your money will be easily wipe off if you don't know how to manage money and risk management. In other side it is very helpful because it can make our capital grows rapidly, you can fulfill your dreams and goodbye financial problems. Forex trading is for everyone but it is not good for the individual to trade if they have heart problems because they cannot control their emotions and feelings, for those who have mental illness or mental disorder they are not allowed to trade because they cannot decide and think clearly. What is your idea guys?