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Thread: Unealistic Expectations

  1. #21
    Trader Killer_Queen's Avatar
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    Quote Originally Posted by Makaveli View Post
    I have always known that it is a wrong move when a trader think about making money every month from the market. Because that will not work that way, the best way a trader can trade and then earn money from the market is to basically have the good trading skills and then they should understand that, though they might have one of the best trading strategy, but sometimes they will not earn a dime.
    it is not purely wrong because there are traders who trade for living and they need to make money in monthly basis to pay their needs. the problem is not with the purpose of doing this business but the methods and how we react to our trading with our psychology. expecting to get more money from our little experience is also wrong thing to do because we must know our capability in trading and put our target into acceptable amounts.

  2. #22
    traders have big dream, if you ask a trader today where he see himself in the next two years he will reply, he sees himself becoming a millionaire but ask him how long has it took him to practice his craft, his reply might be 3months.which if we weigh this things he only have a big dream but lacks the right knowledge to bring them to reality.

  3. #23
    Quote Originally Posted by Makaveli View Post
    I have always known that it is a wrong move when a trader think about making money every month from the market. Because that will not work that way, the best way a trader can trade and then earn money from the market is to basically have the good trading skills and then they should understand that, though they might have one of the best trading strategy, but sometimes they will not earn a dime.
    Traders can not be making money in the market all the time, there are some times of losses, we have to learn how to be realistic. Unrealistic expectations are the major things that is causing problems for traders, we should never allow that. When we have the necessary knowledge on how to trade the market, we will think rightly and we will be gaining as we should.

  4. #24
    Quote Originally Posted by Toyen View Post
    Traders can not be making money in the market all the time, there are some times of losses, we have to learn how to be realistic. Unrealistic expectations are the major things that is causing problems for traders, we should never allow that. When we have the necessary knowledge on how to trade the market, we will think rightly and we will be gaining as we should.
    Expecting too much with forex field will make us to make lots of mistakes which are expensive and can cause our total account loss. Traders should not be thinking too high of themselves as there is no one that is perfect. Unrealistic expectation is being caused by the mind which does not know much about the forex field too, that is why they think awkwardly about it.

  5. #25
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    Expectations is one of the very things we can hope for in forex but for an unrealistic expectations it could cause us so much because when it does not come, you will take risky decisions that could cause you to loose. Expectations in this business is something very important and as long as we work hard and build a better business, we can always see ourselves reach for a great goal in time. We learn to have the right knowledge because if you understand this business you will know what kind of expectations we will see and know how to work around our trade.

  6. #26
    Trader Sascha's Avatar
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    Quote Originally Posted by Tonycee View Post
    Expectations is one of the very things we can hope for in forex but for an unrealistic expectations it could cause us so much because when it does not come, you will take risky decisions that could cause you to loose. Expectations in this business is something very important and as long as we work hard and build a better business, we can always see ourselves reach for a great goal in time. We learn to have the right knowledge because if you understand this business you will know what kind of expectations we will see and know how to work around our trade.
    make things balance and stays at appropriate amount. remember about our skills in trading because it determines how many expectations we can get later. we can't expect to get a lot of profits from using small risk in short term trading, and it won't make any sense if we force the trading with it. be careful what you wish for, and learning will pay things off.

  7. #27
    Quote Originally Posted by Sascha View Post
    make things balance and stays at appropriate amount. remember about our skills in trading because it determines how many expectations we can get later. we can't expect to get a lot of profits from using small risk in short term trading, and it won't make any sense if we force the trading with it. be careful what you wish for, and learning will pay things off.
    Many traders fail in Forex because they expect too much from their small deposits in a small time. Even if we are skilled and equipped with a strategy we should make sure we set targets that are well achievable. A strategy gives profits only when we understand it and with self control follows the management of risks. Balanced traders can be more focused and accurate in doing his trading.

  8. #28
    Quote Originally Posted by ola4real View Post
    Expecting too much with forex field will make us to make lots of mistakes which are expensive and can cause our total account loss. Traders should not be thinking too high of themselves as there is no one that is perfect. Unrealistic expectation is being caused by the mind which does not know much about the forex field too, that is why they think awkwardly about it.
    Such expectations with market is allowed to have in mind. To make things happens for real, we must also put more efforts with our trading and learning so we can increase our expectations bigger according to the plan. If we still expecting bigger things but do nothing about it, then we better stop trading a while before we lose everything we have due to low accuracy of strategy but big target to make from market. Having such unrealistic things will give us bad result.

  9. #29
    every trader have this big dream of making money from Forex within a short space of time,its not bad to think that way but you need to be well experience before you can achieve such goal in this business.knowing for a fact that Forex is one of the most difficult business to venture into,so plans need to be drawn and it has to be accompanied by patient in other successfully execute the plan.

  10. #30
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    Expectations are good to have in forex but having an unrealistic one could create trouble for a trader in forex. It's well necessary that we understand how to build the right trade and get on the chance to improve perfectly in our trade. I have seen a newbie who have the expectations to become a millionaire in 4 months of trading, however he later on felt depressed and disappointed understanding that forex is one of the very difficult business to do.

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