Forex Trading

Alchemist

New Lister
If you hear stories of guys losing money either they had too little capital or they took huge risk.

Having a 100% win rate is impossible. You will loose some trades and win more trades. If your losing trades wipe you out your risk is too high.

I feel sorry for the guy who lost due to brexit. When a currency or commodity has too much uncertainty you switch to others. You don't marry your positions.

In investment, remember Rome was not built in a day and when trading remember Hiroshima was destroyed in a day - respect risk.
 

Wanaruona.

Lister
If you hear stories of guys losing money either they had too little capital or they took huge risk.

Having a 100% win rate is impossible. You will loose some trades and win more trades. If your losing trades wipe you out your risk is too high.

I feel sorry for the guy who lost due to brexit. When a currency or commodity has too much uncertainty you switch to others. You don't marry your positions.

In investment, remember Rome was not built in a day and when trading remember Hiroshima was destroyed in a day - respect risk.
Boss saidia Mimi na hii mawaitha siwezi kosa 350 USD ya kutake risk. Bana.
 

Gichboi254

New Lister
The sort of short term trading being advertised is more or less gambling, it is weird they have started going mainstream after betting Giants were evicted from this side of the Sahara... investment banks, trust funds and pension schemes buy and trade the same commodities but invest in terms of years and based on projected economic, population and market projections, you can't realistically master this in a few days/weeks...even experienced professionals and large investment banks make mistakes and lead to recessions, how every Tom, Dick and Harry will survive is nothing short of miraculous. A few will win, because the system is designed as such to bait the rest and after a while, we'll complain of forex trading ruining jobless youth.... following closely
 
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