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Forex is a pressure Test ?

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  • Forex is a pressure Test ?

    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 ?

  • #2
    Consider it more in the line of being stressful and not always on the same levels. The stress level declines when one becomes more confident when trading.

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    • #3
      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.

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      • #4
        Originally posted by Uncle Gober View Post
        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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        • #5
          ya it is a pressure test for sure, emotion test i say... have to stick to trading plan no matter what, it is so easy to make mistake on emotions, have to be good to leave emotions and stick to plan only

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          • #6
            Of course, forex - a certain amount of pressure on the person. Therefore it is necessary to understand and take into account when trading. Otherwise, you can get a big problem

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            • #7
              Yeah but some times, There may be the possibility here in Forex for the traders that Forex may be a pressure test for them. Traders should always keep calm and cool in Forex for the sack of success and profitability. Traders should always take care about trading activities.

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              • #8
                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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                • #9
                  Forex traders face a tot of tests. Every body knows that if their is no pressure for doing something, there is no success in any work. So, pressure is required in doing any business. A successful man has to have enough experience and patience to bear the pressure.

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                  • #10
                    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.

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                    • #11
                      Originally posted by Princess Fuzzie View Post
                      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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                      • #12
                        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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                        • #13
                          Originally posted by LenoxGF View Post
                          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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                          • #14
                            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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                            • #15
                              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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