Forex , its addiction ?

when traders trade aimless that means there is no money management at all , and trading condition like at random. and become loser at the end of the day. thanks
 
sometimes our money management works to fail after having good knowledge and experience . this is the real character of this market.
 
Zafar Al Asad said:
i did huge losses during news but didn't quit from trading at all , again kick off Forex trading.
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I agree! Overtrading is one of the reasons why traders blow up their accounts many times. Traders should take small risks and learn from their past mistakes.
 
florriefello said:
I agree! Overtrading is one of the reasons why traders blow up their accounts many times. Traders should take small risks and learn from their past mistakes.
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Me too! As a trader I find it extremely challenging to keep sufficient drive under challenging trading circumstances. It becomes uneasy over a stretch of losses. Once you are able to readily prevent over trading, you will be able to easily place good trades.
 
In the case of Forex, you do not become addicted to it until you take unnecessary risks, risks that are more about feeling high and getting an adrenaline rush than actually making returns.
 
Forex is a long time issue , so traders need to keep a patience first of all , otherwise no way to survive successfully from there.
 
Addiction of forex trading can be the result of emotions like excitement or greed, that can increase the number of trades made. Increase in number of trades can decrease the quality of the trades and eventually leads to losses, one after another.
 
Abbas Ali Khan said:
i think if anyone work hard in this trading place for 2 years , i hope he will be able to make profitable , its my own opinion.
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I agree! Nothing can beat hard work and consistency. With time, traders can gain a good hold over their trading skills and psychology.
 
Roustabout said:
Addiction of forex trading can be the result of emotions like excitement or greed, that can increase the number of trades made. Increase in number of trades can decrease the quality of the trades and eventually leads to losses, one after another.
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Agree! It’s greed that makes you an over trader.The thing is you will not always make money in the forex market and you should be fine with this. Learn from your losses and use this as an opportunity to become better, rather upsetting about it..
 
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