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Whether various myths in this forex trading right?

Monday, December 12, 2016

1. Forex trading is easy
Many people like to dive into the world of foreign exchange market
believe that forex trading is easy. In their mind,
forex trading is a way of getting instant wealth.
Simply read books, practice, and will be able to get
profit per day with only work 2-3 hours each
today. In fact it's just a myth. Succeed in trading
Forex is not easier than mastering other professions,
It all takes time, effort, money and a lot of practice.

2. I successfully invest in the stock market, then I would
succeed in forex.
Success in the stock market does not mean that you will
earn success in the Forex market. There are many differences
between the stock and currency trading. For example, the
those who think the strategy of "buy and hold as long as possible"
can be applied on forex will be surprised to find that
This strategy is practically useless in forex trading. Iadi
You are already accustomed to trading in stocks, don't use
the science of trading shares in full. You should also learn
with a bang when want to succeed in the world of forex trading.

3. If large capital more easily succeed in forex trading.
Large capital will not help you in forex trading.
When you think able to move currency rates
you want such as the practice of "gambling" on the market
stocks, then you are a great one (May be, when you
have billions of u.s. dollars). Success in forex trading
more determined by analysis capability, discipline,
and the ability to regulate emotions.

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