Making big money is good or bad? - Page 337
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Thread: Making big money is good or bad?

  1. #3361
    Trader
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    Quote Originally Posted by juniorpeters View Post
    there is nothing bad in making big money from the market after all that is the target for every Forex trader,and its not just making the big money that is important its making it consistently that matters a lot.most traders makes big money today but loses it back tomorrow and even lose more of their trading account if not all.it has happens everyday in the Forex market.
    we can earn some good percentage of profit but we cannot say we can earn here consistently because in a lot of orders not all orders can go into profit, so we must need to accept some loss also, if we accept some loss we can easily place right orders later, but if we do not have acceptance of loss we can wait in case of loss and can lose big or all like me, so do not repeat this mistake

  2. #3362
    Quote Originally Posted by naeem555 View Post
    we can earn some good percentage of profit but we cannot say we can earn here consistently because in a lot of orders not all orders can go into profit, so we must need to accept some loss also, if we accept some loss we can easily place right orders later, but if we do not have acceptance of loss we can wait in case of loss and can lose big or all like me, so do not repeat this mistake
    It is not a new thing for forex traders to be trading their account with the aim of making huge income from it, that is the number one reason why forex traders are having losses as a result of the aggressive trading to get that huge income done. Forex traders should try to trade with their forex strategy who will let the trader to make income, the mindset of trading should be calm to support that income making too.

  3. #3363
    The main focus ought to be about making money in forex. This is what we need to make sure that we can deal with loss and have that which will help us to succeed always. It's very good we have the means to build a profitable trade and we should do well to make great income in forex. Here the chance to win good should be necessary and with sensible trading, we will have the means to become successful. It's always good to build a working trade and we have to understand the need to have a better trading target.

  4. #3364
    If you have gotten the good trading account, like huge amount of money and then you equally have got good trading skills, then making big amount of money should be possible for you, but in the case whereas you have little amount of money and then little trading trading experience and skills and making attempts to make big money, you will see that you will take huge risks, whereas causing yourself to take losses.

  5. #3365
    It is not bad as so long as we are not trading with limited experience or then we are trying to gamble, but in as much as we are doing the right thing and following the right risk management when we are trading then we are good to go and then we can make good amount of money from the market. However we should make sure that we have good amount of money been invested first.

  6. #3366
    Trader Lyon's Avatar
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    Jul 2017
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    Making bigger amount of money from the market has always been the dream of most of the traders, they want to to make huge amount of money and all that. But they don't know that before they can get to make that good amount of money from the market, they should really get to learn. Then also make sure that the risk been taken is well calculated, because taking a risk that is not calculated is so much going to be a way of getting margin call.

  7. #3367
    I thought that making big money is the main goal of the traders Of course, such a process is always risky, that's why it is important to imnprove skills and check forecasts and the latest news in this sphere.

  8. #3368
    To my mind, progress is much more important than the actual profit earned by the trader in particular day or even week. Such profit could be accidental while it is quite difficult to be consistently profitable even for experienced trader. At the same time, consistency in trading results is the onle way to become a professional and trade for living.
    For sure, skills are also important since they allow trader to make right trading decisions in unclear and challenging trading conditions, to deal with uncertainty and unpredictability which is an inevitable part of trading process.

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