Challenges as a Forex Trader

Discussion in 'Forex' started by PriceAction Ltd, Dec 14, 2020.

  1. according to me , there is no challenge to be a Forex trader but there is a challenge to a successful trader.
     
    #271     Jan 11, 2023
  2. the successful trader is a trader who can predict the real faction of this market with certainly. this is really difficult ability with great level of challenge
     
    #272     Jan 11, 2023
  3. My emotional control over winning trades, like many other trades is less than perfect, probably a 6 out of 10. That is why, I took the step to start managing it which has been profitable.
     
    #273     Jan 11, 2023
    Layla2022 and Laoise#886 like this.
  4. that is really a good approach , when i fail to control emotions really fall a great trouble and do huge losses. from starting of trading i have been doing this mistake.
     
    #274     Jan 16, 2023
  5. i think you can develop from this condition by strong mindset , otherwise no way to survive successfully from this volatile trading place.
     
    #275     Jan 16, 2023
  6. a strong mindset never comes at random , it has to build by doing more hard work.
     
    #276     Jan 18, 2023
  7. Ziara78wu

    Ziara78wu

    If you pay attention to training and try to gain new useful knowledge, forex can be profitable.
     
    #277     Jan 23, 2023
    Javiera_37 and Layla2022 like this.
  8. The market is unpredictable that is the biggest challenge imo.
    Surely, if you follow money and risk management and secure your risks, everything will be fine.
     
    #278     Jan 27, 2023
  9. FahadMd

    FahadMd

    most of the time , we traders fail from this trading place due to lowest trading knowledge , and sometimes after having good trading knowledge we fail to get profit from there. so its really a challenging issue.
     
    #279     Jan 31, 2023
  10. hi and welcome , have a very good journey from there. i hope you will enjoy this educational place.
     
    #280     Jan 31, 2023