- Search Crypto Craft
- Deepak.Dubey replied Nov 18, 2020
Ah yes! Some people trade excessively. They enjoy the "high" from winning entirely too much for their own good.
the greatest strategy for losing money
- Deepak.Dubey replied Nov 18, 2020
I agree. All trades present some unique conditions. The point is it "might" help to take a review at your old trades but then it's quite a task to maintain a trading journal.
Do you record your trades?
- Deepak.Dubey replied Nov 8, 2020
Any trading system can be a losing system in the absence of a proper risk/money management.
the greatest strategy for losing money
- Deepak.Dubey replied Nov 8, 2020
Yes, some even say that this number goes as far as 99% to 1%. I think it may have started as a warning to newcomers so that they may take trading seriously and eventually became a catch-phrase.
90% of traders lose money! True or False?
- Deepak.Dubey replied Nov 7, 2020
True, trading is a hard profession like being a lawyer or practicing medicine, those take years of learning. Why should trading come naturally?
Why do Newbies Lose?
- Deepak.Dubey replied Nov 7, 2020
Well, the current popular figure is 95% lose and 5% win. I am not sure if that is accurate. I haven't seen any concrete data on that.
90% of traders lose money! True or False?
- Deepak.Dubey replied Nov 7, 2020
True, trading with emotions is a losing game. Therefore, building a trading plan and following it religiously helps you from being distracted by emotions.
Why you still lose
- Deepak.Dubey replied Nov 7, 2020
Reliable as in leaving your job and depending on trading as your only source of income? I would have to say No, at least not till you become good at it.
Is Forex reliable?
- Deepak.Dubey replied Nov 7, 2020
I agree, 20% is a slightly unrealistic target with/without a global event affecting financial markets.
20% per month. Is this possible?
- Deepak.Dubey replied Nov 6, 2020
MOSTLY the people selling courses are not making money in the markets, else they would not be selling courses.
No One Should Ever Pay For A Beginner Course
- Deepak.Dubey replied Nov 6, 2020
Any strategy can stop working at any time while being used by anyone. If you want to be profitable then understand how the market works and how it affects your trading. Accordingly, improve your strategy.
Is it true that anyone can succeed using any strategy?
- Deepak.Dubey replied Nov 6, 2020
You are lucky to have someone to help you. Appreciate the help being offered. Most traders learn from the internet and books, all by themselves.
New to Trading and Forex
- Deepak.Dubey replied Nov 6, 2020
Learn the important components of the market such as trading terminology, types of orders, market fluctuation, etc. The more you know the better your chances will be at succeeding. Don't jump into any kind of trading without background information.
Forex Basics
- Deepak.Dubey replied Nov 6, 2020
As it turns out, the application mentioned above has over 1M downloads and mixed reviews.
Is it possible to trade the forex market without a broker?
- Deepak.Dubey replied Nov 6, 2020
An indicator is only a tool. How well it will work depends on the trader using it.
I can pay 300$ for an accurate indicator
- Deepak.Dubey replied Nov 5, 2020
Firstly, one method cannot suit all traders so everyone has to determine what is suitable/easy for them. Secondly, the success of a method once or even 20 times doesn't guarantee that it will be profitable in the next trade.
Is There Any Simplest Method To Success In Forex?
- Deepak.Dubey replied Nov 5, 2020
Correct, every trading system can be a potentially losing system in the absence of a proper risk management system.
I want a losing system
- Deepak.Dubey replied Nov 5, 2020
I am very curious as to what brought you to the conclusion that it is an "easy" thing because just about everyone seems to be struggling to make any substantial profit from the market.
7 pips per day? is it possible?