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Forex Trading: It's More Than Just About Money

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This is more than just money

Of course, you might start trading because the prospect of earning income or building wealth over time, but forex trading is more than that. This may sound like nonsense and too philosophical, but trade also teaches us lessons that can be applied to our daily lives.

For the first, it teaches us how to look for opportunities and ways to pursue them.

A number of decent experiences in trading make you understand situations where you have to be more aggressive, like playing a retracement, while a contrarian arrangement seems better if you trade more carefully.

You also begin to realize the fact that with each situation and decision, there is a level of risk and appreciation, and you begin to learn how to weigh one against another.

The most important value of trading is that if you do the work needed to master it, you can get better not only as a trader, but also as a better person.

Among a number of other self-improvements, this teaches you to develop in the midst of uncertainty, to not be afraid to pursue opportunities, and to be disciplined, all of which can be directly applied to other goals and aspirations in life.

So, do what you should do. Research before entering a trade, plan for it, manage your risk, make a journal, and see the small setback.

This is not just about money. Even though you might not see it in your account, if you do work, you get better.



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#1 - February 11, 2019, 01:15:47 PM

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This is more than just money

Of course, you might start trading because the prospect of earning income or building wealth over time, but forex trading is more than that. This may sound like nonsense and too philosophical, but trade also teaches us lessons that can be applied to our daily lives.

For the first, it teaches us how to look for opportunities and ways to pursue them.

A number of decent experiences in trading make you understand situations where you have to be more aggressive, like playing a retracement, while a contrarian arrangement seems better if you trade more carefully.

You also begin to realize the fact that with each situation and decision, there is a level of risk and appreciation, and you begin to learn how to weigh one against another.

The most important value of trading is that if you do the work needed to master it, you can get better not only as a trader, but also as a better person.

Among a number of other self-improvements, this teaches you to develop in the midst of uncertainty, to not be afraid to pursue opportunities, and to be disciplined, all of which can be directly applied to other goals and aspirations in life.

So, do what you should do. Research before entering a trade, plan for it, manage your risk, make a journal, and see the small setback.

This is not just about money. Even though you might not see it in your account, if you do work, you get better.
on the other hand, forex trading teaches many things, from discipline, getting little by little, patiently, and must be realistic about what is seen even though what we know is different, and in forex trading it is actually a way to defeat your ego to be able become successful
#2 - February 12, 2019, 03:54:03 PM

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on the other hand, forex trading teaches many things, from discipline, getting little by little, patiently, and must be realistic about what is seen even though what we know is different, and in forex trading it is actually a way to defeat your ego to be able become successful
I agree, I myself learned many things from forex trading, such as discipline, patience, money management, risk management, and psychological. if there are people who think trading is only related to money, for me that person doesn't know anything about forex trading and needs to learn a lot more.
#3 - February 13, 2019, 06:43:46 AM

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I agree, I myself learned many things from forex trading, such as discipline, patience, money management, risk management, and psychological. if there are people who think trading is only related to money, for me that person doesn't know anything about forex trading and needs to learn a lot more.
well, it must learn continuously, because from managing on forex it is very interesting for those who learn it
#4 - February 13, 2019, 09:35:45 AM

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I agree, I myself learned many things from forex trading, such as discipline, patience, money management, risk management, and psychological. if there are people who think trading is only related to money, for me that person doesn't know anything about forex trading and needs to learn a lot more.
learning in forex for me is special because it starts from a char graph, I learned a lot of meaning and from the process of buying and selling transactions and the nature of trading, from forex trading I learned a lot about economics related to forex, for example about NFP news why is that special for forex traders and I just realized why every country leader when declaring a policy could have an impact on the country's economic sector
#5 - February 13, 2019, 10:35:51 AM

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that's why some say trading don't think of profit but prioritize the risk then the profit will follow.
#6 - May 22, 2019, 06:49:45 AM

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if we trade only thinking of money or profit, then the risk will approach if we think more about the risk then the profit will approach.
#7 - May 22, 2019, 07:53:47 AM

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This is more than just money

Of course, you might start trading because the prospect of earning income or building wealth over time, but forex trading is more than that. This may sound like nonsense and too philosophical, but trade also teaches us lessons that can be applied to our daily lives.

For the first, it teaches us how to look for opportunities and ways to pursue them.

A number of decent experiences in trading make you understand situations where you have to be more aggressive, like playing a retracement, while a contrarian arrangement seems better if you trade more carefully.

You also begin to realize the fact that with each situation and decision, there is a level of risk and appreciation, and you begin to learn how to weigh one against another.

The most important value of trading is that if you do the work needed to master it, you can get better not only as a trader, but also as a better person.

Among a number of other self-improvements, this teaches you to develop in the midst of uncertainty, to not be afraid to pursue opportunities, and to be disciplined, all of which can be directly applied to other goals and aspirations in life.

So, do what you should do. Research before entering a trade, plan for it, manage your risk, make a journal, and see the small setback.

This is not just about money. Even though you might not see it in your account, if you do work, you get better.
interesting writing thank you for the motivation
#8 - May 22, 2019, 04:27:31 PM

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trading is complex ranging from strategies to psychology, so if you think of money alone trading will be difficult to progress.
#9 - May 22, 2019, 04:32:15 PM

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Forex trading is not a matter of money but a strategy, process and risk management.
#10 - May 22, 2019, 04:48:54 PM

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Trade is much more than trading and getting money, it does not seem to me something so philosophical because it is true, many of the fields and attitudes we have in the market (especially psychological ones) can be applied in real life, as for example the control of our emotions, is something that not many can do in our current society and it teaches you the trading because without it you will not be able to obtain the success that all those who enter the market seek, We must always make the best of anything we do to change as people to be a better society every day.
#11 - August 27, 2019, 07:56:10 PM

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I agree with your opinion that trading is not just for money or towards profit, but forex trading is a thing to go through and enjoy the process and learn continuously.
#12 - February 19, 2020, 06:04:37 AM

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Forex trading is an art, a science and a job as well as even some that make forex as a hobby, for that forex is not just just money but even further.
#13 - February 20, 2020, 10:08:28 AM

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trading is a business that is quite complicated and always growing so don't just target one thing even though it's profit and the main purpose of trading is profit. But before we also have to think about other things such as strategy, psychology and MM.
#14 - February 20, 2020, 05:18:07 PM

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trading is indeed quite complex, not just pursuing profit or just focusing on one thing that makes us obsessed but trading is very complicated and even makes us difficult to learn.
#15 - February 20, 2020, 09:51:23 PM

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