Question How much is expected!!!!

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  1. #21
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    Question How much is expected!!!!
    I recommend not to use any target in your trade. it will ask you to make more and more profit without thinking about your focus changing and emotional temper.

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    Quote Originally Posted by olga99 View Post
    I recommend not to use any target in your trade. it will ask you to make more and more profit without thinking about your focus changing and emotional temper.
    Yes profit will come as you gain experience, the most important thing is to have a planned approach while trading.

  3. #23
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    I also think that one should be careful with expectations. Once you know the market and how it works then you can evaluate (according to your investment and strategy) how much you are supposed to make in Forex. But entering into the market with wrong expectations could lead you to big losses.

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    If you are new to the forex market, it is recommended that you find a broker to help you with your trading strategy and transactions. There is a wide variety of brokers available to you, so be prepared to ask some main questions. for example spread, Naturally, the lower the spreads, the better it is for my trading strategies, I held my ecn account with Tickmill which ensure my trading condition requirement, narrowest trading spreads, low mark up fees even for commision base broker. By long time research about broker activity, thought I have chosen best brokerage service as my trading partner.

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    No limited for expection, I think make money slowly in forex market is stable and right way, as for profit limitation, it depends on your skills and mind.

  6. #26
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    Well, I don?t need unlimited money, because I respect my monthly target very well. So, when I get my monthly target before ending the month then I stop my trading and try to contribute my free times only for my family. I seem, it?s a good way of trading as a trader needs enough refreshment for doing good trading. By the way, my monthly target is 20% profit. As I get 200+ trading instruments with CFDs and Indices trading opportunity from TradingBanks broker. That?s way, for every month I get enough safe points for trading.

  7. #27
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    As a beginner I expect a lot from forex. I thought it will make me a millionaire in days. After some experience I know the reality of forex business . It is a business where my own money is used .I have to do trading with care . Now I expect not more, I just want some regular profits. I make 10% to 20% return from my capital.

  8. #28
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    Quote Originally Posted by Ao hao View Post
    No limited for expection, I think make money slowly in forex market is stable and right way, as for profit limitation, it depends on your skills and mind.
    A reasonable expectation might be realistic as forex trading is not gambling however we risk our own money to make more money like risking 1 usd to make 1 or 2 etc.

  9. #29
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    I try to choose moderate targets like 10% month and avoid trying to do more because it's a kind of discipline you don't let your emotions like greed to take control of you.

  10. #30
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    in ro ham eslah kon:
    Only in the same way going to night school to get up to speed to then go to law school or med school does. Forex trading is a skill and needs solid education and practice to become competent. Money can come with that but focus on just making money tends to do the opposite in this field.

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