Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Why Do People Fail At Trading?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="moonchild, post: 275543, member: 57467"] Personally, when I started out in Forex Trading I thought I'll get rich and make money in a very short period of time, which is really crazy thinking of it now in hindsight. Then it turns out it's not only me, most people that got into trading, are here because they want to get rich quickly. So they don't apply risk management and go all in, one to two trades and account is blown, back to where it started. Forex is not and never a get rich quick thing, it's a steady climb, I think what caused this is the constant bombardment of millionaires lifestyle on YT and IG brainwashed us into thinking we can be in their position within a short period of time. It shocked me when I realized expert forex traders that have over a decade of experience are aiming for 5% per month, it was really an awakening for me. Traders fails because of mindset and get rich quick syndrome, get over it and start seeing the markets as business, where you can have proportional returns, sharpen your skills and start applying to prop Firms, manage big accounts and start making your money monthly, these firms will share the profits you make 50/50 with you, so imagine you're dealing with. 100k account and you hit 5% of it monthly, that's 5k$, prop firms will pay you $2500 out of it. leave the camp of full margin trading for beginners. I hope this helps, please leave a feedback. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Why Do People Fail At Trading?
Top