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Author Topic: Why I'd prefer to be forex trader of my own  (Read 232 times)
palle11
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August 24, 2021, 10:51:25 AM
 #21


Instead of getting stressed out with hundreds of questions it’s always better to keep my money with myself and trade it slowly and grow the assets with lowest risk.  Grin

This is the advantage of trading on forex and making gradual profit, with such you will be surprised at your accumulated profit. Reducing the lot size to bearest range which is 0.01 to pick your pips slowly is better than rushing and increasing it. Also wiisuch low lot size, your losses too will be very minimal incase the order hit the stoploss. But at every trade, stop loss is important because it has plenty of advantages.
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August 24, 2021, 11:08:09 AM
 #22

Each person would have their own decision to use forex or crypto to trade. If you choose forex as your way to make money, you must learn and master the skills for forex trading. No need to join in the forex academy if you think that is not enough to fills what you want because as long as you can search for the lesson on the internet, that will enough to get as much lessons as you want. That is what we did in the crypto trading and only with learning that we can do to improve our skills to get something that we want.



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AakZaki
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August 26, 2021, 05:32:23 PM
 #23

Each person would have their own decision to use forex or crypto to trade. If you choose forex as your way to make money, you must learn and master the skills for forex trading. No need to join in the forex academy if you think that is not enough to fills what you want because as long as you can search for the lesson on the internet, that will enough to get as much lessons as you want. That is what we did in the crypto trading and only with learning that we can do to improve our skills to get something that we want.
Knowledge on the internet is very much and can be searched for yourself. Self-taught and focused will give you more knowledge that you won't get in the academy.
I also never trade in forex, I fully trade in cryptocurrencies too.
Everyone has their own choices, so whatever they choose is their responsibility.
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August 26, 2021, 06:26:32 PM
 #24

I would prefer to learn forex trading than for me to give a forex academy to manage my fund or to trade for me. There are countless forex academy who claim to do perfect trading for people to deliver profits. some of these academies are doing well, they making good delivery. While  I have come across some forex academy whereby it was been shot down because they were not able to meet up with trading percentage they were supposed to return to there customers, and nobody knows the were about of this fx academy.

I prefer to learn how to trade myself because most forex academy I don't know there foundation if they are legit, anything can happen. It is better to have the knowledge about the market, meet mentors that will give the necessary idea and sound knowledge about forex trading.  Trading myself I will hold my self responsible for low performances or losses. I will be able to manage capitals myself, and my losses or low  performance can trigger me to do better.
If you are going to beat the markets then you might as well do it yourself, and the reason for this is that it is going to be almost impossible to beat the market if you hire someone else to do it for you and that is because they are going to charge you fees.

Now that doesn't seem like a big deal, however even if the fees that you're charged are very low this is going to act as a handicap against you and unless the trader that you are hiring is incredibly good you're not going to be able to outperform the market, as such the best option like always is to try to do it yourself as that is the only legitimate chance that you are going to have of beating the markets and obtaining profits.
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August 26, 2021, 11:49:14 PM
 #25

I would prefer to learn forex trading than for me to give a forex academy to manage my fund or to trade for me. There are countless forex academy who claim to do perfect trading for people to deliver profits. some of these academies are doing well, they making good delivery. While  I have come across some forex academy whereby it was been shot down because they were not able to meet up with trading percentage they were supposed to return to there customers, and nobody knows the were about of this fx academy.

I prefer to learn how to trade myself because most forex academy I don't know there foundation if they are legit, anything can happen. It is better to have the knowledge about the market, meet mentors that will give the necessary idea and sound knowledge about forex trading.  Trading myself I will hold my self responsible for low performances or losses. I will be able to manage capitals myself, and my losses or low  performance can trigger me to do better.
As forex or crypto trader, as long it is profitable it is good for everyone. Because there are maybe some crypto traders who not jumped into forex because it more complicated, and some forex trader not joined into crypto because they already have big profit at forex. Both thing can be good to do as long we are doing it with knowledge and anything that can help us get profit in it. Like me i prefer on crypto trading because maybe not complicated like forex.

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August 27, 2021, 03:56:59 AM
 #26

I would prefer to learn forex trading than for me to give a forex academy to manage my fund or to trade for me.

Learning to trade on your own is long term compared to giving your capital to an individual or forex academy to trade for you which is short lived. The reason i say so is - if you learn to trade on your own, it becomes a life long skill that you are bound to become better at as long as there is constant practice from your side. Giving your capital to someone or an academy is not so advicable because if the academy or person doesn't teach you how to trade, if anything happens that stops the trading of this individual or academy, that may be the end of your trading career.

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Ararbermas
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August 27, 2021, 03:34:37 PM
 #27

If you fell comfortable with forex then stay on it and don't just rely in what other people saying because it can't help to be honest, and for your information most of them are fraud to let them fell what are their experienced when it comes trading.. So if i were you must decide and pick the best one for you, because it's your money so you should make your own decision for it.
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August 28, 2021, 05:10:39 AM
 #28

Its always a good thing to manage your fund on your own i also do the same. I Don't trust anyone with my fund other than me. It help me a lot. Whenever  i need money i don't have to ask anyone to give me my money. I can use them as i want
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September 06, 2021, 09:07:53 PM
 #29

I would prefer to learn forex trading than for me to give a forex academy to manage my fund or to trade for me.

Learning to trade on your own is long term compared to giving your capital to an individual or forex academy to trade for you which is short lived. The reason i say so is - if you learn to trade on your own, it becomes a life long skill that you are bound to become better at as long as there is constant practice from your side. Giving your capital to someone or an academy is not so advicable because if the academy or person doesn't teach you how to trade, if anything happens that stops the trading of this individual or academy, that may be the end of your trading career.
Trading academies which charge you a fortune are scams, there is no other way around it, I have seen courses going as high as a few thousands dollars for just two classes of two hours each, that is not going to be enough to address all of the doubts the students may have.

So like in most instances the best way to learn is on your own, after all most of the information that you are going to find on those courses is already online with the advantage that is free and you can save yourself that money and use it when you are trading for real on the markets.
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