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    ​Lessons Given by Losses Worth 2 Million in Forex Market!

    Abstract:What exactly made forex traders suffer from the losses in the market?

      A cascade of complaints against the great difficulty of forex trading is piled up due to the losses caused by carelessness. However, did complainers introspect what exactly made them suffer? Maybe the following important lessons can provide them with guidance:

      1. It is inappropriate to use “right” or “wrong” when describing the situation of the market. Trading decisions, irrelevant to right or wrong, are only associated with profits or losses.

      2. In the forex trading process, losses are a component of this game as expected, which have to be accepted calmly.

      3. Forex trading is an everlasting game without a starting point, thanks to which suffering from losses is temporary and you always have a bonanza to turn the tables.

      4. During transactions, it is necessary for you to build up your own trading rules and find trading instruments suitable for yourself.

      5. The probability of profits is unpredictable, causing you to manage latent losses instead of predicting profits.

      6. Please dont adopt the risk-reward ratio of funds when considering forex transactions, which can only offer you a prediction other than playing a decisive role in raking in a fortune.

      7. Very few things can be under your control once the forex trading starts, leading to the lesson that all decisions and plans should be done before transactions.

      Download WikiFX to get lessons from experts who have traded forex for over 20 years. (bit.ly/wikifxIN)

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