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avoid trading with a debt burden in Forex Education_67f83ac065b44

avoid trading with a debt burden

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Dyandra

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What you focus on here is not debt because when you focus on debt, your trading will not be consistent and of course you will be eager to get lots of profits just to pay off debt and that will actually make you lose and drain your own account.
#556 - September 24, 2023, 02:11:41 AM

Vernalta

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when you do forex trading activities and when you want to be successful you should focus on developing and increasing your capital so that you don't do forex trading just to pay debts or to meet your daily needs
#557 - September 25, 2023, 01:11:59 AM

Dyandra

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When you are trading forex you should focus on trading with the right results. The point here is that you should never focus on trading because you want to pay off debt or want to make a quick profit so you can use it for your daily needs.
#558 - September 26, 2023, 01:13:09 AM

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#559 - Today at 01:42:46 AM

Vernalta

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If possible, don't use debt as a reference for trading. When you trade, your focus should be on investing, not paying off debt or getting profits for your daily needs. Use it fully for your future savings
#559 - September 27, 2023, 01:14:51 AM

Dyandra

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I agree with this because it is true when we trade forex. Don't ever focus on paying off debt. Our focus is only on getting a certain income every month, so throw away the thought of paying off debt.
#560 - September 28, 2023, 02:19:05 AM

Vernalta

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Our focus is on investing, not paying off debt, so when you trade, you have to focus on your future, not on debt or whatever.
#561 - September 29, 2023, 01:42:37 AM

Dyandra

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Many people who trade do not aim to invest but to pay off debts or to meet daily needs without a learning process without the process of using a trading plan and I assure you that things like this will not be possible. Can't forex trading be a sudden thing
#562 - September 30, 2023, 01:46:45 AM

Vernalta

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When you choose trading, focus on increasing your income, focus only on investment. Never focus on trading just to pay off debt or want to spend extravagantly on your daily needs.
#563 - October 01, 2023, 01:47:32 AM

Dyandra

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I agree with today because debt is really used as a benchmark for carrying out any activity, for example when you trade. Don't ever dream of just paying off debt or paying off debt. Your dream of trading is to develop capital.
#564 - October 02, 2023, 01:57:06 AM

Vernalta

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I agree with what you say because when you focus on trading you should avoid thinking about paying off debt because when you trade just to do that, you will actually lose twice.
#565 - October 03, 2023, 01:06:19 AM

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#566 - Today at 01:42:46 AM

Dyandra

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I suggest that you don't, for whatever reason, use debt as a tool to concentrate on trading. It's wrong. Your concentration on trading is for future investment to increase your income.
#566 - October 04, 2023, 01:21:43 AM

fxVirtuoso7

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Don't go trading when you're drowning in debt, dude! It's like trying to swim with bricks in your pockets ? a total disaster waiting to happen. Get your financial house in order first, pay off those bills, and then maybe dip your toes into the trading waters. You'll thank yourself later for not adding more stress to your life.
#567 - October 04, 2023, 05:02:49 AM

aizafx

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Tipically forex is not suitable for traders who like take loan in his life because tension during trades impacted in trading performance, trading forex is different with selling goods, the most important in forex is quality than quantity. But if likely you trapped in situation that enforced to borrow money, how to trade forex with secure is joined in demo contest to win prize.
#568 - October 04, 2023, 09:10:22 PM

Dyandra

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If you trade forex, you should be able to avoid wrong activities, such as when you have debt and you trade in the hope of being able to pay it off. I think it's a mistake to think that you have to be able to differentiate between long-term investments and work that is needed for every day
#569 - October 05, 2023, 04:30:34 AM

aizafx

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Quote from: Dyandra on October 05, 2023, 04:30:34 AM
If you trade forex, you should be able to avoid wrong activities, such as when you have debt and you trade in the hope of being able to pay it off. I think it's a mistake to think that you have to be able to differentiate between long-term investments and work that is needed for every day
For safe trading, investing in forex is obey the golden rules in high risk business, just spent money that afford to lose, the skills is really matter in forex trading success. but skills also can't separately with psychology, when using debt in trading, it could make trader being rush because they must pay loan at time, while trading forex is a business that gives variable profit due loss in trading also inevitable
#570 - October 05, 2023, 10:02:56 PM
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