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    ​Can Forex Market Witness Windfall Profits?

    Abstract:The key to the success of forex trading is located in keeping reasonable positions that helps to maintain a fine trading mindset and guarantee good execution.

      Numerous traders expect that profits of their accounts gained via the forex market can be multiplied within a year. However, this market is not an ATM but an abattoir for individual investors. Although windfall returns can be enjoyed by someone, the situation can only occur on the basis of high risks.

      Consider rules of forex trading. They include leverage, transaction plus 0 days (t+0), round trip between bull and bear markets, and no restrictions on the growth or fall. The extremely high leverage is a precondition for windfall profits. Many traders can see short-term profitability, but only a few can obtain long-term steady profits.

      As every coin has two sides, liquidation is the other side opposed to windfall profits. More accounts end up with liquidation than with profits in the forex market. Novices need to contemplate how many losses they can endure amid their learning lessons in this industry where losses always hit beginners.

      Countless traders have the wishful thinking of being wealthy overnight but are reluctant to invest time, energy, and money. Many of them get used to liquidation, which is a bad habit existing even if a transaction is problematic, pinning their hopes on flukes with great risks.

      In fact, transactions can be easier when greed is controllable. The key to the success of forex trading is located in keeping reasonable positions that helps to maintain a fine trading mindset and guarantee good execution.

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

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