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Forex is a pressure Test ?


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Do you think Forex is a pressure Test ? Are you feeling bad after opening a position ? Are you feeling pressure after enter order ? Do you think this is bad for your health ?

 

IF not then share us, what happening to you after opening a position ?What should we do and how can we shove this matter ?

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Sometimes I lost my patience but if you want to succeed in forex trading, we must be able to control it. By control the risk, I think patience will be easier. I am using free no deposit 15 eur from armada markets now,so I get a little pressure hehe. I get the lowest spread too.

 

Yeah, we have to be patient when trading, if we are not patient, we will lose our money faster because forex is high risk business. I also get free capital for trading in InstaForex and it's very helpful for me.

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not necessarily, pressure is but a part of forex trading, there can be pressure if u want while other trade it with out, it depends on how much knowledge you have the more you know the less pressure it can be, people just learn to deal with it, though i have to admit, been trading years with hotforex but i still have pressure around
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If you take it as a risky business then you are always going to be pressure work. Take it as normal work, learn more and more about this subject. Working on demo will helps you more about it. Always follow money management rules to control your trading.

 

Yeah, main mistake of newbie traders that they see trading as their opportunity to make a leap to fortune with little efforts, meanwhile its hard and routine job, but quite rewarding if you don't make casino out of it. Traders should always follow systemic trading and never yield to take more risk to make huge reward from one trade.

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i agree with fxrival most people think Forex is a get rich quick scheme but for most people it is a lose money fast scheme. It is not easy to make money doing Forex trading. I think everyeone feels the pressure when they trade real money for the first time and this can increase as the losses increase. That is why everyone should start ona demo account and only trade real money when they can make money on demo for at least a couple of months
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i agree with fxrival most people think Forex is a get rich quick scheme but for most people it is a lose money fast scheme. It is not easy to make money doing Forex trading. I think everyeone feels the pressure when they trade real money for the first time and this can increase as the losses increase. That is why everyone should start ona demo account and only trade real money when they can make money on demo for at least a couple of months

 

Demo trading is fraught with more psychological mistakes as traders prone to take higher lots, not honor their SL and TP and choose more risky strategies as demo is free of slippage and sometimes spreading widening. I think newbies shouldn't spend too much time on demo but to switch to live as soon as possible to get prepared for making money.

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I can see the benefits of demo and live accounts. People don't treat 'demo money' the same way they would their own money. But people often freak out when it's real cash on the table and lose all their money. But even if people move onto a real account fairly soon they often lose all their money through poor money management! I think everyone should learn money management before the even consider Forex trading and strategies etc.
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Demo can work both ways. If you trade on demo and get lucky then you think trading is easy and when you trade for real you are most likely to lose a lot of cash. But if you lose on a demo it tells you that trading is hard and encourages those traders to learn more
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Guest Mohamad Tammat
It was easy and exciting for me to trade on demo. And when I became quite profitable on demo, I decided to open micro account. And I realised what people mean, when they are talking about trading psychology. It`s really stressful, even though I risk very small ammount. This pressure makes me close orders earlier, than I planned and make bad dessisions. Hope, it`s just because I`m a beginner and I`ll handle it.
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Guest Moon_shine
Forex is your personality test, that how you can maintain yourself during risky market movement. It depends on you that how you are dealing with a risky market with your skills and knowledge.
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