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Unrealistic goals


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  • 2 weeks later...

Many beginners come to Forex for quick and big earnings. It is such unrealistic goals that contribute to losses rather than profits. First, a trader must learn not to lose money and be able to save a deposit. This is the first task of any beginner. And only then, when you gain experience and skills, will you begin to make money on Forex.

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The hope and goal of traders entering forex is definitely to make a profit. However, it's not as easy as you imagine, that's why I keep learning, so that later I can understand and benefit from working with the Tickmill broker.

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  • 7 months later...

Many traders enter forex with unrealistic expectations, aiming to double their money quickly, leading to margin calls. A more achievable goal is 3-5% monthly returns, which is rare in most businesses. Setting realistic goals, like yours, helps ensure long-term success. LQDFX broker offers me flexibility in choosing leverage option so the risk management completely depends on me.

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As a trader, it is important to continue developing trading skills and abilities. In addition, developing understanding and knowledge is also important. This helps create the necessary balance and improve the quality of trading when trading with Tickmill broker.

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