What are your top 7 problems as a Forex trader?

Discussion in 'Forex' started by johnmmf, Jan 31, 2018.

  1. taco

    taco

    What do you guys usually do to pass the time between trades
     
    #21     Mar 13, 2018
  2. Work, play, relax.
    Btw, Taco, if you eat a taco is it classed as cannibalism? (Please don't take offence, it's only a joke from one newbie to another)
     
    #22     Mar 13, 2018
  3. lovethetrade

    lovethetrade Guest

    I can't think of 7 problems. IMO, its an excellent market to trade.

    Avoiding dodgy brokers can be easily resolved with some basic due diligence.
     
    #23     Mar 13, 2018
  4. Is that 2 many trades that are reliable check out my comments at this site threads on EurUsd Or GBpusd Pair as of current reliability Price is produced at so much accuracy as in bang on the pip - You will find the Pairs have use the Support Levels as Allocated just fine - with targets and take profit marks surrounding the entire structor of the investment plan.
     
    #24     Mar 13, 2018
  5. DepthTrade

    DepthTrade

    Not necessarily my problem, but starting with too much capital, then blowing through that before you become profitable.
     
    #25     Mar 13, 2018
  6. If problem centers around placing 2 many trades that are unreliable check out my comments at this site threads on EurUsd Or GBpusd Pair as of current reliability Price is produced at so much accuracy as in bang on the pip - You will find the Pairs have use the Support Levels as Allocated just fine - with targets and take profit marks surrounding the entire structor of the investment plan.
     
    #26     Mar 13, 2018
  7. JSOP

    JSOP

    1. Lack of price and transactional transparency

    2. Lack of reputable brokers are retail level especially for US traders

    3. Lack of access to REAL liquidity

    4. Lack of effective hedging solutions

    5. Lack of REAL protection for traders by regulators

    6. Steep reduction in volatility

    7. Lack of seamless trading environment during news time
     
    #27     Mar 14, 2018
  8. maxinger

    maxinger

    strange .... All your 7 factors are external factors which are not within our control.

    I would rather name 7 factors which are internal factors.
     
    #28     Mar 14, 2018
  9. JSOP

    JSOP

    Forex trading is no different from any other trading except it has to deal with these 7 top problems that unfortunately the traders have no or little control over. It is troubling.
     
    #29     Mar 14, 2018
  10. maxinger

    maxinger

    mine would be
    1. fear
    2. lack of confidence
    3. vengeful
    4. discipline
    5. lack of concentration
    6. anger
    7. hestitation

    and all the various negative emotions.

    ie if there is any problem, it is myself, not the external environment / factor.

    _____________
     
    #30     Mar 14, 2018