Forex, business, casino or?
Forex as the biggest market on the world is attracting people by its gloss and size. It could be said that forex is the biggest casino on the world and millions of people are pulled into this game by a media massage.
Why is it like this and how does it all work? Unfortunately, you won´t find out in this article and it is a very important part of successful trading at forex. However, you can understand the whole nature of forex in the paid part.
Imagine that you have an opportunity to create something like forex. How would you do it? How would you aim it in order to have a working system which would earn money for you at the same time? Try to answer these questions. Answer might significantly help you in your trading.
Forex can be very easily likened to casino. On one side is the market (casino) and on the other side are we as players. There are coming many people to casino with various amount of money and the most of them, as we know, will stay for the casino´s owner. It works exactly the same way at forex. People are coming up with various impulses and they are setting up new accounts. They deposit their money to the market and they expect to earn quickly. Of course, sooner or later they will lose everything and here starts their journey through forex´s obstacles or their dreams end.
However, there exist a group of people who are approaching forex more responsibly and they know they need to have a system to out-jockey the casino. This thinking group of people is encountering obstacles as well as the first group was. These obstacles will sooner or later largely reduce all their money.
A lot of people are seeing forex as business. Despite it is nice, but an issue is that they don´t behave as if it is a real business. Let´s have a simple example of a trader who enters the market with an idea of earnings in a particular time range. At beginning traders is often an idea that they will earn 100 % or more in a month. So if I deposit 1,000 €, I can calmly live. Such a trader has sort of an idea what he/she expects from the market and he/she has even copied a system somewhere. He/she is looking at graph and he/she is searching for desired signal. As he/she wants to earn fast, his/her system is surely intraday because he/she has read that this is the fastest way to get rich. So he/she is looking at graph and signal is not coming. In his/her plan is that he/she has to do 50 pips today to fulfill the plan. But signal is not coming, so he/she will simply find his/her own signal to fulfill his/her plan. And that is it. Imagine that you have a construction company which has one particular order for construction at house. There come workers to work at one Monday morning and the house is locked (owner is perhaps getting some extra sleep after weekend). What will you do now? Will you crash the door or will you go working on neighboring house? Because you have to fulfill the plan? Not for sure.
Stop seeing forex as casino and stop gambling. You have to start seeing it real and you have to know that when the owner hasn´t approached the door, there is nothing to be constructed (traded).
Fact that a harsh trader who is strictly adhering his/her rules will eventually end up in losses is an another chapter to which we will focus at some time in future.
This very simplified example illustrates how is the most of people seeing forex and why it is necessary to gain overview and to understand the forex´s nature. It simply doesn´t work without it. It is being made impossible for middle-level informed crowd to keep in game due to what is hidden behind the curtain. As I have already once written in another article: Either I don´t know anything at all or on the contrary, I have to know a lot to succeed. There is no middle way in this case and here belongs the vast majority of people due to information possibilities nowadays…
I wish you beautiful days and a lot of success!
The whole idea of investing is very similar to betting. Well you can’t wonder, cause just like in casino, you can lose much money but still there is chance to win. Only in Forex you got higher chance to win than in casino.
Good post!
Thx!
Thank you.
wing888 ที่น่าเชื่อถือ ระบบการเล่นเกมของ Wing888 มีชื่อว่า Wing888 Gaming Platform pg slot ซึ่งเป็นระบบเสริมสร้างความสะดวกสำหรับผู้เล่นในการเข้าถึงเกมที่เป็นสินค้าของ เล่นWing888
pg slot autogame เว็บเกมตออนไลน์ PG SLOT ที่มาพร้อมระบบออโต้อย่างเต็มระบบ ทั้งการฝากถอน ที่รวดเร็วทันใจมากๆ แถมยังมีแอดมินคอยสอดส่องดูแลตลอด 24 ชั่วโมงอีกด้วย
dior188ที่คุณภาพดี เป็นเว็บไซต์เกมออนไลน์ที่ได้รับความนิยมมากในประเทศไทย PG SLOT ซึ่งมีเกมส์ให้เล่นหลากหลายประเภท ไม่ว่าจะเป็น เกมส์สล็อตออนไลน์ หรือเกมส์คาสิโนออนไลน์
pg slot autoทางเข้าเล่น หรือ pg slot เกมออนไลน์ (pg slot auto) จากค่าย pg soft และก็ ออนไลน์ที่มาในรูปแบบใหม่เป็นเกมส์ ยอดฮิตที่สุดในปี 2023
pg slot 6gมาแรง ที่สุด ในตอนนี้ เป็นเรื่องที่น่าสนใจอย่างมากในวงการเกม PG สล็อตออนไลน์ในปัจจุบัน ซึ่งมีการพัฒนาและนวัตกรรมที่ทันสมัยเข้ามาเพื่อให้ผู้เล่นได้สัมผัสประสบการณ์การเล่นที่ยิ่งใหญ่และเพลิดเพลินไปกับความตื่นเต้น
pg mobile slotเล่นได้ทุกที่ แตกดี เป็นแพลตฟอร์มการเล่นเกมสล็อตออนไลน์ที่ถูกออกแบบมาเพื่อให้ผู้เล่นสามารถเข้าถึงเกม PG ได้ทุกที่ทุกเวลาผ่านอุปกรณ์มือถือหรือแท็บเล็ตของพวกเขา
เว็บ สล็อต 888 ฟรีเครดิต เป็นหนึ่งในเว็บไซต์ pg ออนไลน์ที่น่าสนใจสำหรับผู้เล่นที่ต้องการลองเสี่ยงดวงโชคโดยไม่ต้องใช้ของตัวเองก่อน โบนัสฟรีเครดิต เป็นทางเลือกที่ดีในการทดลองเล่น
What fabulous ideas you have concerning this subject! By the way, check out my website at UY3 for content about Podcasting.
Great post! I learned something new and interesting, which I also happen to cover on my blog. It would be great to get some feedback from those who share the same interest about SEO, here is my website Article World Thank you!
Nice post! You have written useful and practical information. Take a look at my web blog UY6 I’m sure you’ll find supplementry information about Thai-Massage you can gain new insights from.
Your writing style is cool and I have learned several just right stuff here. I can see how much effort you’ve poured in to come up with such informative posts. If you need more input about SEO, feel free to check out my website at Article Star
As someone still navigating this field, I find your posts really helpful. My site is FQ7 and I’d be happy to have some experts about Cosmetics like you check it and provide some feedback.
Your ideas absolutely shows this site could easily be one of the bests in its niche. Drop by my website UY4 for some fresh takes about Content Writing. Also, I look forward to your new updates.
The way you put together the information on your posts is commendable. I would highly recommend this site. You might also want to check my page YH9 for some noteworthy inputs about Airport Transfer.
Thank you for sharing your precious knowledge. Just the right information I needed. By the way, check out my website at YW9 about Airport Transfer.
Hey, if you are looking for more resources, check out my website 92N as I cover topics about Content Writing. By the way, you have impressive design and layout, plus interesting content, you deserve a high five!