It is basic that FX is not easy to win. It takes years of practice to actually win forex. Therefore, it is natural that it will only be a loss. There are many people who don’t like it, but it’s important to continue trial and error.
The reason why FX is said to stop
Forex is often said to quit well. It is for the following reasons.
90% of investors quit FX within a year
90% of the traders who actually entered the exchange market have disappeared. Therefore, most people are destined to disappear without winning. So if you give up, that’s the end of it. And most people choose that ending.
Forex has many loss cuts
It is natural for FX to have many loss cuts. Even professional traders cut losses many times, and they can make a big profit in it, so they can make a total plus. No trader is 100% guaranteed to win.
take a few years
It is said that it takes more than 3 years for Forex traders to be able to win. For some reason, many people think that they can win quickly in Forex, but that is not true. Forex traders are like craftsmen so it doesn’t work right away. It is said that it takes three years to become a full-fledged professional even in general occupations.
run out of money
Forex traders especially beginners can hardly win. That’s why it’s very mentally hard to lose money. But it’s natural that you can’t win the first time. You should drop the lot and compete with the minimum lot. It doesn’t matter if you increase the lot after you start winning.
sense of gambling
Some Forex traders, especially beginners, trade with a sense of gambling. This type is very dangerous because it will surely go bankrupt. It is not suitable for FX, so I think it would be better for me to make other investments. Forex can make a lot of money, but it can also make a big loss.
What to do when you don’t like it
As mentioned above, when I just started FX, I always lose and get depressed. In such a case, please try the following. If you give up on Forex, the goals and dreams you set at the beginning will come to naught, so you need to overcome the difficult phase.
Minimum lot
First, we need to stop the depletion of funds. Especially if you are a beginner, you can’t win in the first place. For that, let’s enter with the minimum lot first. That way, if you lose, you lose less money. Try to have a total plus for at least a month with a minimum lot. All you have to do is raise the lot after winning.
review the rules
In the case of beginners, there are many cases where the trade rules are not decided and the entry is somehow. Beginners often ignore even if they have their own rules. Let’s calm down first and then trade. If you are ruled by emotions, FX will always lose.
practice period
As explained above, FX is 100% impossible to win suddenly. It will take at least a few years, so please think of it as a practice period until then. No one wins that easily. You need to have a practice period to solidify the foundation. Of course, no profit can be expected, and the tedious work of repeating trial and error continues.
Change of pace
As explained above, FX is 100% impossible to win suddenly. If you repeatedly make loss-cutting trades, you will feel disgusted. In such a case, it is effective to change the mood by doing something different. Move your body and change your mood. And when you calm down, let’s trade again.
get advice
If you have exchanges with surrounding traders, etc., it is a good idea to consult about the fact that you cannot win. Trading is subjective in many ways, so third-party opinions are very valuable. By receiving advice from a perspective different from your own, you can see something new.
Exness is for scalping
Exness is for scalping. This is because the spread is extremely narrow. Therefore, if you like scalping, please register with Exness and start trading. Since opening an account is free, please refer to the following article to open an account.
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