I was wondering if anyone would like to share what is your biggest challenge about Forex trading. What is the biggest frustration or obstacle you have had so far in making this work as a real business.
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DislikedI was wondering if anyone would like to share what is your biggest challenge about Forex trading. What is the biggest frustration or obstacle you have had so far in making this work as a real business.Ignored
Dislikedthere is a proverb that only free stuff is cheese in mouse trap.Ignored
Dislikedundercapitalization is a big one, you just can't start with 1-2000 Dollars and expect to make enough to live by if you're following the 2% risk ruleIgnored
DislikedWell then mate, in my opinion, actually you can't say can't for anything. There's always possibility for outliers exist.
Undercapitalization ain't the problem here, I guess, in order to make enough. (Furthermore, 'enough' itself is subjective right?).Ignored
Dislikedwith enough I mean enough to start making a decent living as a full time trader.
and if you're only taking 2% risks on your capital that's like 40 dollars a trade in a 2000 dollars account, you'll end up overtrading if you want to make any kind of decent moneyIgnored
hey dan..... there is another proverb, a helping hand makes a happy heart....
my biggest obstacle has and will likely always be my tolerance of losses....
rather than cut losses short, i'll take the "let it ride and see how it will turns out" approach......
large precentage of the time it still ends in a loss with the additional cost of wasting valuable time......hIgnored