Many people want to learn foreign exchange currency transactions. They like to work from home without having to go to work 9-5. I can't blame them. I know that is exactly I want to start trading in foreign exchange. I hate my job, I heard from all these people on the Internet that they are doing foreign exchange transactions. This seems to be nothing good, right?
Well, one thing you should know immediately about the online forex trading community is that they can of course talk, but few people can actually walk.
I'm sure you have considered foreign exchange, then you may have heard of this statistic. If not, you will go now: 95% of foreign exchange traders are losing money .
Does this mean that it is difficult to learn foreign exchange transactions? No... not really.
The problem is that most people don't have Learn it. They enter it directly like its roulette table. Most people lose in Las Vegas for a reason, which is why most people lose foreign exchange. They regard it as gambling. They believe that the right direction to choose a currency pair is luck.
You will also notice that many traders actually use the term from
Play . For example, you will hear the trader say from
"How much do you play?" . Instead of using the word trading They are using the word Play . By using this word, you can tell them how to treat their money.
Also, please note how many people want a shortcut. How many people like to use one of these chart packages, where do you need to think, the software will do all the work for you, and tell you when to buy and sell?
Of course it sounds good, but if it is so simple, why do so many people lose money?
Orignal From: Learn Forex Currency Trading - What other people don't tell?
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