Begin again!
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  1. #1

    Begin again!

    Forex is a type of business that many people do invest in and little did they know that it is just the same with the way we do our business offline and we meet challenges, so when there is little issue along the line they run away, but some months to come they will still come back , because they have known that the business is real is only there was little challenge that happen, and they now accept to take courage an start again. Now , to me we only need to be brave and continue, the time we have taken to have this brake we would have gone far in knowledge. But now it would seem as if we are beginning again.Challenge may come , it is common to all business, all we need is to sit down and review our method of trading and the problem will be solve.

  2. #2
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    Actually the big question one has to ask is, what could possibly make a trader to run away from the market if not that they have lost their money from the market? That means they have not really learned and understand, that way, they don't make use of risk management. It could be prevented by always applying of risk management so the losses will not discourage us.

  3. #3
    Quote Originally Posted by sharegistFX View Post
    Actually the big question one has to ask is, what could possibly make a trader to run away from the market if not that they have lost their money from the market? That means they have not really learned and understand, that way, they don't make use of risk management. It could be prevented by always applying of risk management so the losses will not discourage us.
    sir, I think no matter how the risk management even in the offline business, not only here in the forex trading, there would be a time when the challenge may just emerge, the only thing i think we should have is endurance, we can not avoid this absolutely in all business.

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    Quote Originally Posted by Kelv View Post
    Actually there is no way we can trade in such business without facing challenges, the challenges are what make this business tough and without this challenges we cannot get to understand how this business work, forex is risky and difficult if we don't learn from our challenges we cannot get to make money in the market it normal to face challenges but we should be ready to learn from the challenges to become better traders.
    Thanks so much, this is a reality of live we can not avoid meeting with challenges in business, but we can not articulate this with forex trading business only, so in all places where we may come across any challenge , we just need to be courageous and take hearth with the mind that the success lies ahead if we relented no to be pressing on.
    Last edited by famousfx; 07-15-2017 at 10:24 PM.

  4. #4
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    Quote Originally Posted by sharegistFX View Post
    Actually the big question one has to ask is, what could possibly make a trader to run away from the market if not that they have lost their money from the market? That means they have not really learned and understand, that way, they don't make use of risk management. It could be prevented by always applying of risk management so the losses will not discourage us.
    I think they run away because they do not see themselves making profits from this market,Forex is a very technical market and only those who understand how the market works fully can make it here,it is better if you know you can not cope for you to leave rather than losing money.

  5. #5
    Quote Originally Posted by BOSST View Post
    I think they run away because they do not see themselves making profits from this market,Forex is a very technical market and only those who understand how the market works fully can make it here,it is better if you know you can not cope for you to leave rather than losing money.
    You are right about this, unfortunately many traders are in a stubborn state with the market, despite their successive loss.
    I don't want to say that Forex is not fit for everyone. But that's the truth! Why insist on moving forward with loss?
    Either we learn well, or we leave.

  6. #6
    Quote Originally Posted by big.pharaoh View Post
    You are right about this, unfortunately many traders are in a stubborn state with the market, despite their successive loss.
    I don't want to say that Forex is not fit for everyone. But that's the truth! Why insist on moving forward with loss?
    Either we learn well, or we leave.
    Forex is not so simple and we should never be stubborn or egoistic to learn, when we are facing losses. When some outsider looks at a good trader earning good profits from Forex. To be successful, a trader needs to set up there trading plan, so that they can operate there trade sense-fully.

  7. #7
    Quote Originally Posted by sharegistFX View Post
    Actually the big question one has to ask is, what could possibly make a trader to run away from the market if not that they have lost their money from the market? That means they have not really learned and understand, that way, they don't make use of risk management. It could be prevented by always applying of risk management so the losses will not discourage us.
    but my brother loss can not send anybody away but we need to seek for more knowledge , so it is in every other business, let us view it from this angle, if there is loss in the other business like selling cloth or any other materials , would the business man or woman run away, actually no.we just need to be courageous.

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    Quote Originally Posted by adeelyaz View Post
    In forex business we should always keep on working. If we have faced big loss in the market then we should stop for a moment and make some special trading plan and strategy in order to get our share from forex market. The people who think forex is very tough must keep in mind that success can be gain in this business only when we work day and night with a clear motive of success. We must start forex business again in order to recover our loss from the forex market.
    Yes my brother it is an avenue for trader to have personal retreat and strategize , he may even need to revisit the demo account for more practice and learning for a while. we learn by doing and practice makes perfect.

  8. #8
    Quote Originally Posted by sharegistFX View Post
    Actually the big question one has to ask is, what could possibly make a trader to run away from the market if not that they have lost their money from the market? That means they have not really learned and understand, that way, they don't make use of risk management. It could be prevented by always applying of risk management so the losses will not discourage us.
    Yes, we need to be following risk and money management in our trading daily so as to be able to face any challenge with courage, following these in trading, if at all there would be be issue to face it won't scared us from the market.

  9. #9
    Quote Originally Posted by sharegistFX View Post
    Actually the big question one has to ask is, what could possibly make a trader to run away from the market if not that they have lost their money from the market? That means they have not really learned and understand, that way, they don't make use of risk management. It could be prevented by always applying of risk management so the losses will not discourage us.
    But it is not only loss that could make traders to run away but impatience may cause this as we all know that in any trade we must firstly endure thing before good profits would come,everything is little by little, we don't need to be rushing to make it overnight.

  10. #10
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    Actually there is no way we can trade in such business without facing challenges, the challenges are what make this business tough and without this challenges we cannot get to understand how this business work, forex is risky and difficult if we don't learn from our challenges we cannot get to make money in the market it normal to face challenges but we should be ready to learn from the challenges to become better traders.

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