Success in Forex - page 3

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whisperer:
How do you know that there is an "opportunity to grab a profit"? Isn't it all about not knowing that?
We don't know that and thus we need to keep a constant eye on the market situation, and then when you will see the opportunity coming you could grab it.
 
Afro-head:
We don't know that and thus we need to keep a constant eye on the market situation, and then when you will see the opportunity coming you could grab it.
Again : you can not know the "opportunity". All you know is the risk. "Opportunity" is on all the time
 
whisperer:
Again : you can not know the "opportunity". All you know is the risk. "Opportunity" is on all the time
Forex is a game for 95% of participants - a game where they see opportunities instead of a work that needs to be done. And we all know how it ends
 
nbtrading:
Forex is a game for 95% of participants - a game where they see opportunities instead of a work that needs to be done. And we all know how it ends
The "opportunity" word is used as an opium. It is meant to justify the gambling
 
nbtrading:
Forex is a game for 95% of participants - a game where they see opportunities instead of a work that needs to be done. And we all know how it ends
whisperer:
The "opportunity" word is used as an opium. It is meant to justify the gambling
If you take Forex as a Gamble, you are never going to be successful, Forex may be a job a business, but it is never a Gamble, it requires lots of skills while Gamble only need one and that is mere Luck.
 
Afro-head:
If you take Forex as a Gamble, you are never going to be successful, Forex may be a job a business, but it is never a Gamble, it requires lots of skills while Gamble only need one and that is mere Luck.
I don't line it as a gamble. But whoever looks "for every opportunity" does (like the gamble)
 
Yeah the traders who have considered it as one have lost in a short period of time.
 
To succeed in Forex except the strong knowledge base you have to be well informed about the upcoming major news that will affect the currency pair that you are trading. Also you have to find the right Broker that will guarantee you direct market access and not going to manipulate your orders.
 
LazarR:
To succeed in Forex except the strong knowledge base you have to be well informed about the upcoming major news that will affect the currency pair that you are trading. Also you have to find the right Broker that will guarantee you direct market access and not going to manipulate your orders.

Yes about choosing good broker also important for trader I think, and in investing money also need pay attention with the risk that involved in trading, not investing all saving money in account forex because if fail and losing money will full regret

Might all trader having goal become success trader but might not all trader getting same result and we need understand our own capacity

 
blackking:

Yes about choosing good broker also important for trader I think, and in investing money also need pay attention with the risk that involved in trading, not investing all saving money in account forex because if fail and losing money will full regret

Might all trader having goal become success trader but might not all trader getting same result and we need understand our own capacity

Hi blackking ,
Thank you for the addition. You are absolutely right everyone has to put clear borders between the saving and the funds for trading.
How we all know the conditions on the Forex market are changing rapidly. There are periods of higher volatility that will affect your trading and respectively your bank account.
Sometimes you could win, but sometimes you could lose big amount of money. Be responsible and don’t cross your limits.
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