What are your top 7 problems as a Forex trader?
- Thread starter johnmmf
- Start date
Work, play, relax.
Btw, Taco, if you eat a taco is it classed as cannibalism? (Please don't take offence, it's only a joke from one newbie to another)
L
lovethetrade
I can't think of 7 problems. IMO, its an excellent market to trade.
Avoiding dodgy brokers can be easily resolved with some basic due diligence.
Avoiding dodgy brokers can be easily resolved with some basic due diligence.
Is that 2 many trades that are reliable check out my comments at this site threads on EurUsd Or GBpusd Pair as of current reliability Price is produced at so much accuracy as in bang on the pip - You will find the Pairs have use the Support Levels as Allocated just fine - with targets and take profit marks surrounding the entire structor of the investment plan.
Not necessarily my problem, but starting with too much capital, then blowing through that before you become profitable.
If problem centers around placing 2 many trades that are unreliable check out my comments at this site threads on EurUsd Or GBpusd Pair as of current reliability Price is produced at so much accuracy as in bang on the pip - You will find the Pairs have use the Support Levels as Allocated just fine - with targets and take profit marks surrounding the entire structor of the investment plan.
1. Lack of price and transactional transparency
2. Lack of reputable brokers are retail level especially for US traders
3. Lack of access to REAL liquidity
4. Lack of effective hedging solutions
5. Lack of REAL protection for traders by regulators
6. Steep reduction in volatility
7. Lack of seamless trading environment during news time
2. Lack of reputable brokers are retail level especially for US traders
3. Lack of access to REAL liquidity
4. Lack of effective hedging solutions
5. Lack of REAL protection for traders by regulators
6. Steep reduction in volatility
7. Lack of seamless trading environment during news time
strange .... All your 7 factors are external factors which are not within our control.
I would rather name 7 factors which are internal factors.
Forex trading is no different from any other trading except it has to deal with these 7 top problems that unfortunately the traders have no or little control over. It is troubling.
mine would be
1. fear
2. lack of confidence
3. vengeful
4. discipline
5. lack of concentration
6. anger
7. hestitation
and all the various negative emotions.
ie if there is any problem, it is myself, not the external environment / factor.
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