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Hard to make money in forex?


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It's really hard to make money in forex, and hard to see yourself losing a lot of money. Maintaining good posture and controlling your emotions are important for good trading results. I am grateful to Eurotrader's educational resources. I learned trading psychology from it. It also offers a quick id verification process, easy and fast account opening, and much more.

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It's not difficult at all in case we know what to do. The vast majority of novices have no idea what to do in order to become successful in forex, so they have to dedicate uncertain amount of time to searching for some opportunities which can help them to gain experience, skills and knowledge. Actually, trading activity in terms of difficulties doesn't differ from any other kinds of activities. All of the activities require knowledge and skills. All of them seem to us difficult until we start doin these activities and start gaining experience. So, I believe that everything is relative. One can state that it's hard, while others claim that it's simple. 

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22 hours ago, 7bledin said:

It's not difficult at all in case we know what to do. The vast majority of novices have no idea what to do in order to become successful in forex, so they have to dedicate uncertain amount of time to searching for some opportunities which can help them to gain experience, skills and knowledge. Actually, trading activity in terms of difficulties doesn't differ from any other kinds of activities. All of the activities require knowledge and skills. All of them seem to us difficult until we start doin these activities and start gaining experience. So, I believe that everything is relative. One can state that it's hard, while others claim that it's simple. 

We will need to make use of a Planned Trading Strategy so that we can start getting more Profits.

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  • 1 year later...

A beginner who has just entered the forex trading world should indeed take advantage of the facilities provided by a broker, such as a demo account or educational resources offered by brokers like Tickmill. This is very beneficial for learning how forex works and preparing oneself for more successful trading in a real account.

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