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People who are suitable for Forex business in General Forex Discussion_67f83e56a90ff

People who are suitable for Forex business

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zanurreload

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there are several characteristic features of people who are compatible with the forex business, namely:
1. Idler people
forex trading is a job for lazy people. Hardworking in forex trading can end in losses. Forex trading is actually simpler than what people think. Making more profits by working hard on forex does not necessarily produce better than those who are more relaxed in transactions.
2. Dodgy
In forex trading, even though it doesn't work hard, what is important is clever because ingenuity is needed to analyze and monitor several currency pairs. If you are not smart, you will spend hours at the computer and analyze the time frame like a 5-minute chart.
3. Calm and patient
Forex trading requires peace of mind and emotional balance. When spending so many hours at a computer waiting for the right transaction, you might lose balance and then make a mistake. Your mind actually realizes that you have predicted the direction of the market. Because you don't want the clock to run out in vain in front of the computer, then you take an open position. This position is usually a losing position, because it is taken based on emotion and illusion, not based on signals and price movements.
4. Clever use of time
Time in this case is the time frame. If you want to become a successful forex trader, you have to work with a larger time frame. For example, analyze the market for one hour every day. Why do you have a bigger time frame? Because price movements with a large time frame make the price movement can be legally read and have a slight signal.


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#1 - July 05, 2019, 12:56:35 AM

ASHfx

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Quote from: zanurreload on July 05, 2019, 12:56:35 AM
there are several characteristic features of people who are compatible with the forex business, namely:
1. Idler people
forex trading is a job for lazy people. Hardworking in forex trading can end in losses. Forex trading is actually simpler than what people think. Making more profits by working hard on forex does not necessarily produce better than those who are more relaxed in transactions.
2. Dodgy
In forex trading, even though it doesn't work hard, what is important is clever because ingenuity is needed to analyze and monitor several currency pairs. If you are not smart, you will spend hours at the computer and analyze the time frame like a 5-minute chart.
3. Calm and patient
Forex trading requires peace of mind and emotional balance. When spending so many hours at a computer waiting for the right transaction, you might lose balance and then make a mistake. Your mind actually realizes that you have predicted the direction of the market. Because you don't want the clock to run out in vain in front of the computer, then you take an open position. This position is usually a losing position, because it is taken based on emotion and illusion, not based on signals and price movements.
4. Clever use of time
Time in this case is the time frame. If you want to become a successful forex trader, you have to work with a larger time frame. For example, analyze the market for one hour every day. Why do you have a bigger time frame? Because price movements with a large time frame make the price movement can be legally read and have a slight signal.
point number 3 is the most important, calm and patient waiting for the moment / opportunity, and always fast to execute so that it can get profit.
#2 - July 05, 2019, 01:42:24 AM

susisufi

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forex is only suitable for people who have a high level of patience and have exceptional discipline in complying with their trading plans, these two things are the key to jumping into the forex world, everyone is indeed suitable to enter the forex world but not everyone is able produce in this business, everyone is able to analyze but not everyone is able to do it consistently and therefore need to learn to condition emotions first
#3 - July 07, 2019, 06:43:00 PM

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#4 - Today at 11:24:12 PM

Jajanq

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some of these things do indicate a suitable person but all return to their respective endeavors.
#4 - October 11, 2019, 02:15:17 AM

dores00

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everyone is suitable for the forex trading business.
#5 - October 12, 2019, 04:18:39 PM

davit

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people who are disciplined and have large capital that is suitable for forex trading.
#6 - October 12, 2019, 05:16:35 PM

ariezz

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almost everyone fits in forex with the terms of perseverance and confidence and everyone does not have all the conditions so that only those who can succeed in forex like certain traders are sure and disciplined.
#7 - February 02, 2020, 04:01:37 PM

Admirald

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People who are suitable to do forex trading are not arbitrary in my opinion because forex requires people who are patient and disciplined in carrying out it so that people who are suitable in forex are people who have high patience and discipline in everything.
#8 - February 02, 2020, 05:27:16 PM

ReezteexFx

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in my opinion all of that is just human nature that might be changed, but indeed in forex trading it takes all of these things although it is a bit different for example between patience in everyday life with patience in trading.
#9 - February 03, 2020, 03:53:09 AM

Astronacy

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If in general I agree with a patient trader who is most suitable to undergo forex trading because in forex the first and most must be maintained is patience, the second is discipline because it is also very important.
#10 - February 03, 2020, 07:04:55 AM

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#11 - Today at 11:24:12 PM

havis

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actually everyone has the same opportunity to succeed in forex, but only certain people who can survive in forex can succeed and survive as disciplined traders, patience and so on.
#11 - February 18, 2020, 10:35:27 AM

CikuFx

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people who dedicate themselves in the forex business well will surely reap success and certainly he will have patience and high discipline and unyielding effort.
#12 - February 19, 2020, 04:54:57 AM

Cobra Pokerz

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in my opinion only certain people are suitable in forex because not everyone has the criteria as what forex wants and to be successful in forex it takes a lot of elements to achieve it.
#13 - February 19, 2020, 06:11:29 AM

cuterz

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forex needs people who are patient and understand the character of price movements, the character of price movements can be known through market psychology which can be analyzed with technical and fundamental as well.
#14 - February 20, 2020, 03:53:06 PM

Tapakliman

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the suitability of someone with a job depends on the intentions and interests of the job and how much effort he does, including in carrying out forex trading, in fact only certain people are suitable.
#15 - February 20, 2020, 08:31:33 PM
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