forex trading beginners 2022

 it is possible to become financially secure trading Forex but don’t approach Forex looking to game the market and see what is in it for you. That will get you into trouble. Approach Forex as a humble student looking to develop yourself and become an expert through hard work and effort. The reality is that very few who trade Forex end up reaching a Professional level as a trader let alone become a multi millionaire.

You should join 

THE FX-AGENCY ADVISOR 3 THE WORLDS LEADING MULTI-FUNCTIONAL HIGH END FOREX SYSTEM and be successful in FOREX trading

In trading there are 3 stages of your development:

  1. Beginning trader-Learning while trading demo/live and mostly losing
  2. Intermediate trader-Wins and loses (more or less breakeven)
  3. Expert trader-Has a viable trading system with rules and the mindset to win more than lose/net profitable

Getting to stage 3 takes a commitment of your time and a focused effort. Once you get to stage 3 you can build your account equity over time and reach as high as your skills and efforts will take you

My advice is to immerse yourself in learning everything you can about the game of trading. You never know when one simple idea or concept you learn from a You Tube video, live webinar, a trading book, or a mentor will be a key piece to your trading puzzle. These “aha” moments do come just like they say and the puzzle pieces fall into place one by one over time as long as you have the will to stick with it. Don’t listen to the trolls and don’t believe anything that you don’t test out yourself. Open a demo account and focus on what is really going on not winning. Forget about winning and money and focus on becoming an expert Forex trader. Work hard at Forex trading and take the right approach and you will really start to enjoy the challenge of trading when you start to see the market as it really is. When you are able to string together winning trades and you have winning trading days and weeks it gives you a confidence to keep going and learning and developing your skill and mindset. That is the turning point for most traders. Getting to the point where you realize that you can do this.

Comments

Post a Comment

Popular posts from this blog

forex trading forex guide 2022

Image
  Getting rich is most people’s dream and so it’s unsurprising that this is one of the most common questions among new forex traders who want to know their odds of becoming rich very quickly with forex trading. The short answer is this – yes, you can get rich if you trade forex. However, you have to understand that forex trading is not some get-rich-quick scheme. Forex trading (short for foreign exchange trading) and currency trading is a skill, and like most skills, it takes time, patience, diligence, and experience to learn and refine. Success won’t happen overnight and anyone who says otherwise probably doesn’t have your best interests at heart. You should join  THE FX-AGENCY ADVISOR 3 THE WORLDS LEADING MULTI-FUNCTIONAL HIGH END FOREX SYSTEM  and be successful in FOREX trading The trader credited with the world's 'richest forex trader' title is  George Soros . Famous for 'breaking the Bank of England' in 1992, his short position against the pound netted him over...
Read more

forex trading benefits and risks

  So many idiots out there, Of course you can, To be a successful trader you dont need a perfect win rate, you just need a good risk reward ratio You should join  THE FX-AGENCY ADVISOR 3 THE WORLDS LEADING MULTI-FUNCTIONAL HIGH END FOREX SYSTEM  and be successful in FOREX trading If i was to get a reward of 4 for every 1 i risked, And my win rate was 50 percent, if i traded 100 times, my reward would be 400 to 100 Lets say I have an account with a leverage of 100:1 (for every 1, i have the broker loans you 100, increases your profit in successful trades and increases loss on unsuccessful trades) IN FOREX So if i have 50 dollars in an account and use a micro lot size of 0.01, if i risked 2.50$ and could make 10$ on every trade. If I make 65 percent return on my account balance in a week which is 2 trades (on the second trade lot size is increased by 2) In a month i return 260 percent, in 1 year that is around 165 million dollars, however our win rate is 50 percent, which b...
Read more

forex trading a-z

Image
  There is one answer you have gotten that was the shortest of all the answers but had the most substance and was the most honest. You should join  THE FX-AGENCY ADVISOR 3 THE WORLDS LEADING MULTI-FUNCTIONAL HIGH END FOREX SYSTEM  and be successful in FOREX trading “Sell trading strategies and automated trading bots.” - KC Parsons The most wrong answer was this: “While you will also learn very profitable trading techniques, thе secret of successful trading lies іn three basic facts: simple logic, application оf ѕоmе simple economic policies аnd finally amassing knowledge. Thеѕе principles, іf applied effectively, саn easily become thе bedrock of best trading strategies ever revealed tо thе world. Sоmе оf thеse detailed trading strategies are uncovered and THEY DO WORK!” Some answers talked about focusing on certain pairs, following the trend, look for resistance levels, retracements, trade on higher time frames, etc. Those answers were also wrong (well, mostly wrong, like...
Read more