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    Thread: Why people fear forex? (part 13)

    1. #21
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      It is natural to fear what you do not understand. Most people that fear forex have one thing in common, and that is varying degree of lack of proper knowledge of the forex market. Learning can replace fear with the knowledge that can enable a trade to earn money through forex trading.
      POSSIBILITIES ARE INFINITE IN THE FOREX MARKET, YOU CAN ACCOMPLISH ANYTHING !


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    3. #22
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      So many people today fear forex because they know that it is highly risky and dangerous, they know itts not an easy place to make money and they know that millions can be lost in it. These things did not make me fear forex rather i had to learn to trade with full carefulness, if we learn forex well the business will no more be hard for us rather it will be easy and we will be making money well.


    4. #23
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      People fear forex because they don't really know what forex is all about. You know when someone is ignorant of something he or she is always scared of that thing, so people that are scared of forex is because they are ignorant of it, not having any real knowledge of how forex trading works.


    5. #24
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      When a trader house fear in his mind, he his only making a way for himself to fail in the trade of Forex, that is how simple it is. Furthermore the most important thing in here is trading the market in such a way that you are confident in your trades and placed orders, the moment fear sets in, any thing could happen to your placed orders. Thats how simple it can be, So Keep fear out of the game.


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      Actually there is no final strategy in Forex business and for this reason a trader cannot start earning from the beginning of this business.Without huge practice no success comes in real business.One should take demo like real business,otherwise no benefits come from demo.


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      Forex is not a business that we use a half baked knowledge to engage in the market so we need to develop the full knowledge capture in other to effectively participate in the market, trade is something that becomes fun when we learn to do it according to our plans in the market.


    8. #27
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      Well people fear forex because forex is a high risk business only those people who brave enough to take the risk can do the forex business. but not all of them because there are lot of trader who still fear in their trading. they fear to lose their money in the trading because of the lack of knowledge and lack of experience.
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    9. #28
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      Because forex is a largest financial market in the world and the largest banks like Central banks ,Multinational corporations and other financial market are participate largely in Forex market so volatility is high in market.So traders on forex market involves substantial risks,including complete possible loss of finds and other losses and is not suitable for everyone.


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      Forex is a big earning business but it is very risky too . Some people fear from its risky position because it is possible to lose big money due to making single mistake while expert traders make more money than losing . There fore learning is the basic need to release the fear of failure in Forex while inexperienced people always blame other things after losing money .


    11. #30
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      Maximum trader fear from Forex trade because there are no guarantee of earning money . Forex is technical business so Forex knowledge and trading experience are most important if trader want to earn money from trade . First , trader should learn and practice on demo platform to gain all essential trading experience , and it will be possible to earn money from Forex .


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