Why Are You Still Losing In Forex Trading?
This article will bring you the secrets of your own. Do you want to succeed? You need to be open-minded and believe that whatever mistakes you make in this life, you should be responsible. No one is to blame. So to find out the cause of why you are still losing in this field, you need to clear all thoughts and think for a moment on the essence of this article. Ready?
Some emails often stop by my inbox. The question that makes me a little sad after reading emails is often about, "why have you been trading for a long time but still lost in trading."
I would like to invite Kakiforex.com readers to try to think for a moment… .trade forex is very difficult? There is a very unique secret kept succeeding? Holy grail technique that only certain people can find? To your own fault?
Many complain that they have long spent time learning forex, but still lose. Every time I receive a complaint like this, I am sure that the individual does not spend time "studying", instead he loses money and loses time because he "hit".
I tried to help as many as I could by asking them to have a trading log journal, but no one complained to me that I could not get a single log journal.
They do not know the solid reason why go buy and sell.
I have also asked, what technique is used. Many answer mixed techniques, that's it, this is it .. when I try to ask back about the basic fundamental and technical understanding, I can't answer. What techniques do they use?
I also try to ask about their living conditions. Many give the status of "desperate to make money." So this pressure causes them not to comply with proper money management.
I also asked about, why trade forex? but many are responsible for wanting to help their families, wanting to generate more income, wanting that, and wanting this. It is actually not specific. What is the value? Is it suitable for your trading capital? What is your level of knowledge in this field?
So in fact many lose in this field because take it easy.
Although the way to make money seems easy but does not mean you can easily buy and sell to make money in trading.
Forex trading is not an express mechanism to make money. It is a way to manage your own money and asset portfolio or savings. Expand at a slow and steady rate.
The problem in this field is only one. That is, can not generate money in trading. Because their mentality towards this field is wrong. The assumption for a person or individual who has just entered this field is completely wrong.
I prefer to say that in the field of forex trading if for the long term, you can not target to generate more than 15% a month. If in your mind, deposit today and tomorrow want to be rich, please just forget.
This field is too risky for you.
But once you get the knowledge, rich trading results are not impossible. These all also need to fit the capital, risk, and suitability of your life.
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