Forex is not the only way to make money online

[blonde]

I like binary options - they are an alternative to Forex but with different content in terms of tactics and strategy

 

[Fxzombie]

I have never traded binary options, I have read a lot that most BO brokers are unregulated so they are susceptible to broker scams. I often used to get offers via inbox to join and get bonuses, but I ignored them.

 

[Lobito]

We may only get free lunch at home, not in a restaurant .
Indeed, forex trading is not a get-rich-quick scheme. However, many people are tempted by investment facilities in the name of forex that promise high profits and even guarantee losses covered by investment managers. Investors must be wary of all forms of enticement high-profit investment that seems easy to become true

There are several reasons why forex traders fail, including a lack of proper education, poor risk management, emotional decision making, a lack of discipline, overtrading, and an inability to adapt to changing market conditions...

 

[Fxzombie]

There are several reasons why forex traders fail, including a lack of proper education, poor risk management, emotional decision making, a lack of discipline, overtrading, and an inability to adapt to changing market conditions...

I think psychology is the problem that hinders the quality of trading the most, this is related to trading discipline, the average trader fails to control emotions such as greed, dissatisfaction, and lack of discipline. Even though you have a good strategy without discipline you can fail.

 

[mhsn1985]

I think psychology is the problem that hinders the quality of trading the most, this is related to trading discipline, the average trader fails to control emotions such as greed, dissatisfaction, and lack of discipline. Even though you have a good strategy without discipline you can fail.

exactly my problem. I tured 100$ into 1500$ in 4 days and lost it all in one greedy attempt

 

[Fxzombie]

exactly my problem. I tured 100$ into 1500$ in 4 days and lost it all in one greedy attempt

It is an amazing return, maybe when someone gets big and easy profits, instinct says they want to repeat the previous success, but luck often doesn't come twice.