Why Forex traders fail The truth behind success and failure – Playstore

Why Forex traders fail The truth behind success and failure

Forex strategies ways to find imbalance on a currency chart

Everyone in this financial market looking to make profits and they work very hard to succeed and make a living out of it, but only few of them succeed. There are rise and fall in every trader’s life and practice is the only way to learn skills and keep a record of facts that are repeatedly manipulated.

But wait ! does really we see repeatedly moves in forex market or any other financial market and those support and resistance, indicators, trendlines and fibos really work in forex market. My answer is ‘no’! Reason being simple as we are trained to visualize only those things which are used to trap.

Believe me or not as big movers don’t have any charts and they simply throw signals on chart to institutions to trap traders and do stop hunting.

Truth of Forex market is bitter than experienced

Its been 9 years of struggle for me till I found articles that really helped me lot and consistent help for 1 and half years, totally change the way I approach the forex market.

Interestingly, in the meanwhile search through tons of blogs that sells crap resources and still make millions and they dont bother what happens to traders using that material.

I myself used them a lot but directional bias was my big problem and even though I had good cherry pick trades once in a while and excitement to trade the same patterns was another reason for me falling for same trap but you will be shock to know that they still keeps the traders interested by couple of move favoring their lgging techniques but in the long run, they hardly let any easy money off the tables for retail traders.

Related Posts

Is this market really fundamentally driven ?

I’ve seen market takes turn based on what big players are focusing. Federation and Trump & OPEC, people with big guns turns the market at will. How…

Euro bulls have not finished yet look to add more longs

Hello traders, Its quite a long time since I have updated the blog but recent assignments and training did not allow me to complete all tasks assigned….

How to define PA zones in a flag Forex Trading strategies

Its has quite fascinated to see pound rallies to the target. Now new trade opportunity awaiting and with a very good risk reward. But we need to…

How Does Forex Trading Work and Is It Profitable?

Business sectors are a restricted system and news isَ mostly limited, and it also reflects the ferocity and fear of a losing group of traders. A Forex…

usd bears are looking for massive opportunities to short dollar against Euro

Euro is still in quite consolidate mode but it won’t be for longer periods . We have witness massive shorting opportunities at the release of non-farm payroll…

Forex Trading with Risk Reward & Low risk pullback entries

How to trade Pullback in Forex Trading Forex is all about sighting opportunities & wait till we saw trend resumes and always consider whats happening on bigger…

Leave a Reply

Your email address will not be published. Required fields are marked *

Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.