You are not making money in forex
trading yet until today? Don’t get discouraged, it is a fair situation and very common.
All we need is improve
our skills, and change the bad habit. No one gets rich in a count of week
unless he has a genie-in-a-bottle, kidding!
Check some of these, might be yours to change.
Over Forex trading, enough?
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| 10 Reason Why You're Not Making Money in Forex Trading |
Over forex trading can be caused by a number of different catalysts, but
typically it comes about either from not knowing what your forex trading edge / strategy really is. This causes over-trading because most people forex trading without a strategy are
going to ‘manifest’ trade signals that aren’t actually high-probability events.
Again, Manage your Risks!
I will never get tired to
remind all investors to put your Risk Management on top of every decision! It’s
the main rules. Learn to know your risk tolerance and stick to it in each
trades if you’re really want to gain profit instead of losing it.
Preserved Forex trading Capital for (the sake of) Good Trades
It is a stable both
emotional and passion to win until reaches a certain price action setup forms. As an active trader, if we’re runs the trade
all the time and spending all of our ammunition, apparently, we will not going
to reach the right mindset. Pick the right trade in the right time, not all the
time. It wastes your money and your-self.
Trade the news
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Try to learn the wave
before you jump to deep. It is your money that you’re going to risk. There’re
gonna be some day (trade) where’re you’ve put so much effort based on the news,
but in the end, you loose. Yes, the money’s gone out of nowhere but lesson learned.
Too Many Opinions will Kill Your (Money!)
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It is a detrimental for
investor. Discuss with your broker, and try to protect your capital as much as
you can by trusting to your own decision. Not an impulsive one, but the wise
one. The one decision without lots of opinions.
Too Small To Win
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Start to trade with
amount more that $500. Yes I know, there’re nothing wrong forex trading with
$100, but it’s hard to reach the amount expected. Pointless and in my opinion,
if we wan’t to invest, then do it properly. Wait (save!) until it reach at
least $1,000.
Stop Losses Point
This is not a playride,
this is business. Put away your greedy-needy and learn more about stop losses
point. It brings you to positive improvement and build long-term and
sustainable forex trading.
Disciplined
This is not only about strategy, but also about how you manage
your trade time-table. Don’t waste your energy for some unplanned forex trading
that causes a proper risk. Combine these two (time-table and strategy) and get
ready to earn your profit.
Emotional Trader? Ough!
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We’re dealing with large
financial market, lots of trader also put their capital against to win and the
market wil give no bugger for what we want. As long as you’ve followed the
rule, then let the market do its job. Put away your impatience.
Do You Know What You’re Doing?
I believe we have learned
about forex forex trading. What I wanna know is, Do You Know What You’re Expecting
is? Are you confident enough about your ability to join this market? Because
this is not a $10 dollar business, you genuinely have to understand about forex trading and it will help you avoid making forex trading mistakes.
Why you're not making money in forex trading is a general issue and don't make it a big problem. Keep trading with attitude, find your best plan and have a pleasant business, everyone!
