It Is Impossible To Be The Successful Trader? What’s The Problem? Part 1

By in Intro to Forex on July 15, 2019

Once very long time ago (or not so) you have decided to become the trader. Easy money you thought, beautiful life, what else is necessary for the person. And you became the trader. I hope that all has turned out just how you dreamed. Work brings only pleasure and financial well-being. Every day (well, or nearly so everyone) you thank God for the greatest creation of human hands – electronic trading. Your bank accounts burst with quantity of earned money. If it is so you don’t have to read further. Safely close a tab and go further to enjoy a wonderful life of “the virtual speculator”. And if in your trading something isn’t got on, I think, you should spend some minutes, and together with me try to understand how all this work.


And so let us begin

The advertising booklet in the underground colourfully described your future. You, in a beautiful white hat lying on a beach, in hands is the laptop, and around long-legged mulattos. You lazy clicking on keys, and you earn huge money. Even, the usual student can do it. And I can, I am not worse. Oh, everything, I throw institute (work, the husband etc.), and I start to earn millions. The smiling girl at office at the broker has quickly helped to fill documents and to get the account. Well, here it is, now it will begin, you think, rubbing sweaty palms from impatience. Open the terminal, and there … What here to tell, I think, each beginning trader endured similar shock from point-of-sale terminals. And further started to learn to work on it by means of rates or it is independent.

Having seized simple technics of exhibiting of requests you there and then rush in fight. In the first some days (at especially talented, hours) you lose an impressive part of the deposit and start to reflect (that in itself already not bad) why it occurs. And then – how to win back “the blood-earned money” …

Aha, here also bookmarks with indicators come for help, and in shop you buy pair of books on fundamental analysis and booklet with waves of some Elliot. So, we will understand. Aha, here it isn’t necessary to me, I know it, already somewhere heard. Here you think I will listen to BBC, and … voila, before you knew you become a successful trader.

For those who want to participate in forex trading should start from learning the basics of currency exchange market to make sure you do not have problems with this industry.

There is another option – you can hire professional traders to managed your trading account – read more about forex investment here. Also make sure to look for the info in a good forex book.


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