After going through the whole lesson on "how to Forex Trading" we definitely feel the impatience and want to open an account, while still in the form of a demo account. But there we should understand prior to trading:
1. All traders must have experienced a loss
Yes, that is ALL. The word is intentionally written in the form of capital that we remember: the losses surely we cannot avoid in life, including in the famous Forex trading with an enticing offer. Come on, who's not interested in making money by just sitting down watching the movement of the graph? Here we talk about money in the amount of millions, sometimes even MORE.
But before then, of course there are disadvantages that we have to face.
In fact, 90% of the number of traders in the world certainly never experienced loss and lose their capital. The losses were largely caused by:
> The lack of a trading plan
Well, except for the purpose of getting a big profit. But come on, we can't call it a plan. We discuss the details and the steps here.
> Lack of exercise in a demo account
View? Despite the paltry but practice trading on a demo account is one of the most important things for us to become a reliable trader. Remember in films about heroes? Hercules, Superman, Spiderman ... ... ... ... Before becoming a superhero, they all practice hard. Practice swords, martial, lifting weights, and even insect bitten! While the US? We need to do is just stay on demo accounts for several months, before it is ready for action in live trading.
> The lack of discipline
Who says life as a Forex trader does not require discipline?
In contrast, kedisplinan is one of the absolute in the world of trading. Without discipline, we will often have a Margin Call. We certainly don't want this to happen, isn't it?
> A lousy capital management
Just as most of the investments and capital investment, Forex trading, when we are required to have a money management fund management system. By having a good money management system then we will be able to control the risk of trading Forex trading.
If we hate the defeat or too expect perfection, it is better not to continue with this Forex lesson. Close this window and return to our daily activities, because such people would have difficulty in adjusting to rhythms of Forex trading are sometimes unexpected movement.
Remember this: a trader, how wonderful he is at the moment, certainly never a loser.
2. Those who shouldn't be trading Forex
"What?! Instead of everyone should join trading? "
Hey, hey ... quiet Fella. Don't be impetuous first, before the all clear.
Although everyone should and could join the trading on Forex, but in practice NOT EVERYONE involved with this field is recommended. Especially those who ...
- It does not work
- Low income
- Drowning in a puddle of their debt
- Unable to pay utility bills, or meet the necessities of life
The main reason why they are with the above characteristics occupy the Forex trading is prohibited due to trading, the least we should have a capital of $ 10,000 (on a mini account), that we must be willing fall in the loss. Hope we can do so only rich people with a capital a few hundred dollars.
The Forex market is one of the popular market filled with liquidity due to cause unusually large size and trends of the currencies around the world to move the strongest trend following. Just because the Forex involves money, don't think all Forex traders all over the world can make a profit with the click of a mouse. In fact only about 10% of traders are able to generate a large profit.
Unfortunately, many people are thinking and misinterpretation with their Forex trading will be able to rake in big profits just overnight.
Well ... okay, we can indeed yield big profits with Forex trading. But the big advantage, will always be accompanied by risks that are not less great anyway. Moreover, that is not understood by all newcomers or those new to Forex are: profit was not immediately resulting in no time. To be able to profit should we discipline level is high, such as the Miss Universe candidates furiously ran the Agency to perform perfectly. This kind of hardware will be at our disposal.
We cannot trade within a short time and generate profit. So, if you still want to continue to trade, we must be willing and able to continue to wait to practice and learn.
"Then what about those who could make a big profit with Forex trading?"
Could be they are traders who were already trading with strategy yahud pro and acid-salt have eaten world of Forex trading, so accustomed to dealing with big risks that could make our heart skipped just by looking at it.
Well, for us who just learn trading, better do it slowly because trading Forex is not a skill that can be mastered in an instant. Let's read some Forex trading lessons here, while you learn trading through a demo-account.
Next lesson: Trading Session
0 komentar:
Post a Comment