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Author Topic: never invest your hard earned without reading this.  (Read 2172 times)
Idrisu (OP)
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December 02, 2016, 06:39:01 PM
 #1

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!

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December 02, 2016, 08:13:01 PM
 #2

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!


You want advice, It is hard understanding your english, but here you go.
Well let me start of by saying that if you are extremely inexperienced(Of which you say you are), your best bet would be to not start trading. Easy as that.
Instead, Start googling how it exactly works, how the system works, and read about it. For example this site,
ThinkForex It has alot of useful information and tips and tricks.

Further down the road i'd say start with low amounts or demo accounts.
Don't be greedy, and have a goal, and stop if that is reached.


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December 02, 2016, 11:46:29 PM
 #3

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!



Too hard to understand your sentences, But The forex was risky comparing with the Alt trading or bitcoin. Just need a second for the price was going down for a lot.  It is very sensitive.

I may think for a stay away from there.
I jump on the best place which can produce a lot of profit for me. You was talking about forex and not related to crypto trading.

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December 03, 2016, 01:08:14 AM
 #4

Um, yeah.  It is a well-known fact that people who fly into things Leeroy Jenkins-style tend to get their asses handed to them.  A lot of people try to do day trading (stocks, cryptocurrency, forex, whatever), and they haven't a clue what they're doing.  Those are the people who get fleeced, because the markets are like mother nature and the honey badger.  They just don't give a fuck about you.

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December 03, 2016, 03:02:22 AM
 #5

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!



Too hard to understand your sentences, But The forex was risky comparing with the Alt trading or bitcoin. Just need a second for the price was going down for a lot.  It is very sensitive.

I may think for a stay away from there.
I jump on the best place which can produce a lot of profit for me. You was talking about forex and not related to crypto trading.
Trading in forex and trading on bitcoin/altcoin is really different even though they are the same on trading field but the difficulty is different and i could say forex is too far away because of too volatile price of currencies and commodities thats why most beginners will surely blown up their accounts on a short period of time thats why better to made some demo accounts before going to live.

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December 03, 2016, 03:22:00 AM
 #6

there are a lot of tools that helps on predicting on forest. Only careless newbies will just jump to forex on trading with zero knowledge. When i'm newbie on forex, I do a lot of research before start trading with my own money especially my salary. I think wisely and carefully before dealing with it because i know the risk of losing. i think no one or few people will just trade careless especially when it is involved hard earned money.  Wink


I advised to do more homework before trading or it is better to avoid it if you really have no idea.

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December 03, 2016, 04:03:15 AM
 #7

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!


As an individual you must be sensible enough to yourself and minding to learn up the most important things first before engaging into forex because its not really an easy thing and its not for everyone.Technical and Emotions will really plays off when you are doing forex trading.We cant actually give advices because we could able to realize it when we experience loss on our trade.
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December 03, 2016, 04:11:32 AM
 #8

You must have enough knowledge before entering either bitcoin/altcoin trade or even forex because for sure if you have good information and enough knowledge your judgement will favored you in anyhow.
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December 03, 2016, 04:26:30 AM
 #9

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!


You want advice, It is hard understanding your english, but here you go.
Well let me start of by saying that if you are extremely inexperienced(Of which you say you are), your best bet would be to not start trading. Easy as that.
Instead, Start googling how it exactly works, how the system works, and read about it. For example this site,
ThinkForex It has alot of useful information and tips and tricks.

Further down the road i'd say start with low amounts or demo accounts.
Don't be greedy, and have a goal, and stop if that is reached.

by reading all these websites (resources) you can only gain "information" not experience and trading is all about experience not information. all those knowledge can help you learn a lot of good and useful stuff but in the end that is never going to make you any money unless you start watching the market and do lots of dummy trades first.

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December 03, 2016, 04:45:01 AM
 #10

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!


i agree that trading forex is very risky and for me which is inexperienced traders will not do this because its mean i am make risk with my money in something that i don't know anything and its give potential big loss for me. so i will stay away from trading forex but if i am learn something with trading forex, maybe i will trying to trade forex.
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December 03, 2016, 05:48:23 AM
 #11

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!


i agree that trading forex is very risky and for me which is inexperienced traders will not do this because its mean i am make risk with my money in something that i don't know anything and its give potential big loss for me. so i will stay away from trading forex but if i am learn something with trading forex, maybe i will trying to trade forex.
The problem is people get greedy when they see they could earn big profits by trading and they try to enter in those markets without realizing most traders without experience and knowledge are going to lose everything they have.
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December 03, 2016, 06:48:06 AM
 #12

all related to money certainly have their own risk especially trading because these thing is very risky if you have no knowledge to do so and learn from basic is good but to minimize the risk and adding the experience you can start trading with low amount even though the profit will low too but if you were lost you only risking small money so you won't experience huge lost
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December 03, 2016, 07:15:24 AM
 #13

As some experted traders and many wise man said, Use the money for trading only if you can afford when you're losing. using hard earned money is definitely not wise at all whilst the person still need to fulfill their monthly needs with the money and expecting a profit from things which is uncertain
only counting on luck will not help you because luckyness rarely come

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December 03, 2016, 08:27:50 AM
 #14

We cannot take out the real fact that losing from trades are given to us on the first try of doing it, and we surely need that in some instance in order to learn new things on trading ecosystem, and also we cannot force people to stop risking their money since its their decision to spend it and try new things that they can see where they can earn some profits, losing money might be helpfull at first and it can be called also as experimental trading/betting and etc.


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December 03, 2016, 08:49:06 AM
 #15

We cannot take out the real fact that losing from trades are given to us on the first try of doing it, and we surely need that in some instance in order to learn new things on trading ecosystem, and also we cannot force people to stop risking their money since its their decision to spend it and try new things that they can see where they can earn some profits, losing money might be helpfull at first and it can be called also as experimental trading/betting and etc.
Fails and losses are really normal since we are just starting and those are just stepping guides which we could able to learn from our past mistakes and in the next time we will engage we would actually avoid those things again and everyday you will learn up new things and thats the time on where your experience would build ep even more together with your knowledge.
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December 03, 2016, 11:42:53 AM
 #16

before you join any trading, whether it is forex or crypto currencies trading, the trader need to know that earning from trading is not that easy, you can even lose all of your money in one small mistake, and trading is a high risk thing, so you need to prepare to lose your money, before you start to trade you need to know the basic, what is the factor that can cause the price to go down and go up and trading need a lot of patience and knowledge, you need to learn a lot before you become a professional trader


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clickerz
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December 03, 2016, 12:14:44 PM
 #17

The problem is people get greedy when they see they could earn big profits by trading and they try to enter in those markets without realizing most traders without experience and knowledge are going to lose everything they have.

You are correct here,it is greed that drive people to dive in trading even without concrete knowledge about it.All they wanted was a big profit,they focus on how to double even triple or more with their money without realizing also that they could lose it.

Trading like gambling is also risky.Just learn the trading by actually trading in small amounts, this is what I always said. Experience in actual trading gives us more confident and when you lose, its not a big amount. 

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December 03, 2016, 12:54:33 PM
 #18

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!



The only way to get better in trading forex is to get experience. There are trading platforms that let you use dummy account and do practice trading without spending money. You can practice there and develop a system that is profitable. Once you are comfortable in practice trading, then you can move to live trading using real money. Just remember that you have to trade only the money that you can afford to lose. And remember too that even professional traders lose sometimes. So do not be disappointed or lose heart if you lose some times. You can always go back to practice trading if you feel you need it.
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December 03, 2016, 12:57:42 PM
 #19

Experience has shown that: Trading forex is very risky and most times inexperienced traders jump into trade with they hard earned money without thinking of what they going into. Please advice inexperienced trader here.!!!!!



It is why i have programmed a risk free system where you can not lose but only earn.

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December 03, 2016, 12:58:31 PM
 #20

There is a wealth of knowledge should potential forex traders actually want to learn something before investing. By good deed for the day is referring you to babypips.com it is where dreams are made. Good luck.
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