I plan to quit forex!

If you feel quitting is the right option available in front of you then go ahead but make sure you have tried enough before quitting something.

I agree. One should try their best, but if that is not working, quitting is not shameful.

when you feel like quitting remember why you started , i got this line from fearless motivational Chanel.

motivation works for very short time , you have to practice more and more if you want to be a perfect man in life and business.

it depends on you ,
if you take motivation and believe this , of course it will work. thanks for reply instantly.

Its alright to not get profitable trades, but if you are loosing your hard earned money, you need to start again with proper trading research or work on money management. Quitting to soon is not an option. But lastly it depends on your capacity.

Trading should not be something for everyone...understanding that fact itself is going to determine your success..If you are someone who thinks you have to get it right all the time you will most definitely be an emotional trader who wont be a able to stick with your trading rules when thing go wrong because of mental denial...if things dont work just get out and sit back maybe it will be better just investing and letting someone with experience do the job.

Understandably, some traders may want to quit in trading forever because they are not able to make the profit for some times. But if they were able to make the profit in the beginning, like the OP said, it could be that the strategy or technique may have been outdated and that he/she should review what went wrong and find the way to make it correct. But sometimes it does not work out the way we want to.

Don't quit because victory is sweet!

I'm a newbie and not a rich one. I'm very carefull with my investment. I think that is important to have an ending point to not risk too much.

That is a very prudent approach! I wish you success in your trading!

I imagined myself to quit many times after losing all of my investments, but I'm still here, trying to learn things from failures. However, actually, I think to be able to quit at the right time is a smart decision.

Most of the traders try to quit forex at the beginning. But those can become successful who remain strong on their bad time and try to overcome their losses with their strategy. So, Be strong and try to make a strategy to overcome the losses.

A very practical way of going about it. One should know one's limit.

Hi does withdrawl a huge profit from forex account requires you to pay personal income tax? As my account belongs to an overseas brokerage company

I think it depends on in which country you live. Every country has different tax law. You better consult with someone in your country. Or here mention your country so that traders from your country can answer you.

Any trader can quit at any moment. But only brave people will stay on the market and have courage to look at their mistakes and do their best to make necessary improvements and challenge the market once again. These people are real winners.

ok, quitting forex is also a good idea for each individual. But, I think maybe you might be back in forex again

If quitting is in your mind right now then it is better to take a break for a while.

Don't lose your hope so early. Make a strong strategy and try to recover your losses and try to make a good career in this platform.