Maybe this whole thing is just a forex scam…?”
I assure you it’s not, you just haven’t mastered it yet, as it takes time and effort and long days to learn how to trade.
I’ve been making money trading for a few years now, as have my colleagues . But it ain’t easy at all.
There are a number of day trading techniques and strategies out there, but all will rely on accurate data, carefully laid out in charts and spreadsheets. Options include:
- Swing trading
- Trading zones
- Trading on volume
- Arbitrage trading
- A simple day trading exit strategy
- Utilising news
Each one of us thought about quitting in the early days. There were times when I found it difficult to keep my head up, or face my friends and family after a string of losses. Doubt crept in and I would dream about getting a regular 9-5 job so I’d know when my next paycheck was coming in. So now With our Signals site you can subscribe and learn from our forex signals sent dirctly to your WhatsApp , Email or Telegram Channel.
Boy am I glad I didn’t listen to that little voice in my head telling me to work in a grey cubicle.
The trap many traders fall into is thinking this is a get-rich-quick scheme, and if they just follow a simple moving average strategy they’ll make a bucket load of money and be able to sit on a beach for the rest of their life.
If you really sit back and think about that for a moment, it’s ludicrous. One of my favourite saying is “If it was easy, everyone would be doing it.” and forex trading proves this point.
New traders generally give up after a few months and then dont enter again , or maybe a year due to repeated failures. If you started a new business and didn’t make money during the first year, would you consider it a failure?
Probably not. Most business take a few years to generate a profit, and trading is no different.
It’s hard to rise above the 95% of losing traders, you have to claw your way into the 5% group through focus, sweat and determination.
With so many broker forex trading strategies out there, its very hard to decide which one works best for you. So if you are looking to trade in your own time frame and are not looking for specific timed signals then look no further and use our Best Forex Indicator Today.
Remember: the process of becoming a trader is all about you. What works for one investor may not work for another. There are very few wrong ways to invest, as long as you do so in an educated, consistent, and thoughtful manner.