But you are past that stage. You already went through that dark tunnel, and are now a consistently profitable trader. A winning & successful trader. The past is gone!
At your level of success, you no longer need to ask questions. Just keep doing your bread & butter trading which is working great. If it is not broken, why fix it. You already won, just increase your size gradually...
Unrealistic Expectations, Not Having or Not Following a Trading Plan, Poor Risk Management, Not Adapting to the Market Conditions, Over trading are some reason i think people lose money in Forex trading. Studying hard, researching and adapting to the markets, preparing thorough trading plans, and, ultimately, managing capital correctly can lead to profitability.
Everyone knows that forex is a risky market and when real funds are involved people tend to get emotional, moreover many new traders do not have much knowledge and good strategy so maybe that's why.
When a new trader starts Forex trading, he wants to become rich quickly and in this way, he makes a lot of mistakes and loses his money. Also, most of the traders start trading without knowledge and skills and want to become rich with scalping and want to become rich in no time.
when i joined into this trading place some people always discourage me not to move on this market place. actually people before joining in here think , this a casino something like that.
Well said. People discourage others to not get into forex. But with the right knowledge its got vast money making opportunities so nothing to worry about.Just keep learning, practicing and forex is all good to trade.
Many, because they do not understand, in reality, the reality of trading in the field of forex draw false conclusions.