Forex its a patience business?
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Thread: Forex its a patience business?

  1. #1

    Post Forex its a patience business?

    I think that a lot of people who have tryed forex and losses once or twice thei leave it forex need a lot of time to understand and have patience for the profit.Do you agree?

  2. #2
    Trader
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    yes of course i think the forex trading is the patience business because it is high risky and complicated and we being a trader we nee to control the patience to get the success in the forex trading business so in my opinion we need to patience and determination in the trading.

  3. #3
    yeah without patience it is not possible to manage trade for long term in forex mostly sometimes we not able to control our emotions and open trade without patience mean not on right time which result in loss so we need to adopt patience skills and try to follow proper planning then we able to trade well in forex.

  4. #4
    Trader dkarev's Avatar
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    Quote Originally Posted by traderx View Post
    yeah without patience it is not possible to manage trade for long term in forex mostly sometimes we not able to control our emotions and open trade without patience mean not on right time which result in loss so we need to adopt patience skills and try to follow proper planning then we able to trade well in forex.
    patient is needed especially for long trader,if they are patient enough they only stand a chance to loss more than they might made when trading,patient is the key to succeed in Forex,if not we stand a chance to make noting when trading.

  5. #5
    Forex trading is certainly a business that must be done with a lot of caution and patience. Most new traders who want to quickly get rich end up overtrading with big lots and they only get margin call. Traders need to patiently trade with small lots and make consistent small profit for them to succeed in forex

  6. #6
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    Forex is such a trading place where we need not any physical work rather than brain work. Forex is risky trade where any mistakes are not excused, any mistake for while can bring much loss in this trade. So we need to become more careful in making forex trade. Patience is very important in profitable forex trading- I agree.

  7. #7
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    Forex traders should know that they need a whole lot of patience if they want to have success in the business. There are many thins that traders needs, but it is the patience that will help them to get the best they ever want in the forex trading. All strategies might be good if the trader can add patience.

  8. #8
    Yes I am agree with you , i think Patience is mandatory for any business not exception in forex trade business. Either it, we can survive for long here. But in reality many trader can't hold their patience and try to get big profit in over night which cause a huge lose their money

  9. #9
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    Learning to trade and trading in the market require patience indeed.you would defiantly lose money in the beginning,but If your determined youll break every challeng that comes your way,challenges would come your way which in translation means losses,frustration and anger but you can control theses experience youvev gained over time to your advantage.

  10. #10
    Yes dear it is the business which needs patience , we must have to wait for a perfect trade in order to earn money from that trade so we must have this quality otherwise we will face a lot of problems or even blows the trading account of forex.

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