Are you losing in Forex?

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Forex is a very complicated field, and if you start without guidance or training, I can guarantee you will lose hope 🤣

Trading against the trend increases forex losses and stress. To avoid financial and emotional risks, it's essential to learn before you earn. Prioritize education because Educating yourself on forex trading will make the process much easier and more manageable.

The Forex community is actually where the common advice we get come from such as trade only what you can afford to lose and the trend is your friend.

The come up with these advices because they been around before crypto market even started. If anything that should be learned consider the things the the Forex community been saying but not the Bitcoin criticism.

[milewilda]

Forex market is really that known to be that huge market on which this is mostly where traders and investors do really that make up that focus on before crypto market exist.
Losing is inevitable but the key on here is on how you would really be that making yourself sustainable on which this had been always the main aim or goal when dealing up with markets.
If you do make focus on the moment that you do lose up then it will even bring more loses, not unless if you do make those errors to be your learning curve then you will really be having that progress on which this is really that also applicable when you do do tend to shift into crypto or would be trying it out.

[Flavour]

I will say no because ones win rate is what determines ones profitability. For instance, I can take 10 trades and only 4 trades and still be profitable. It also comes to to my risk management.

[albon]

Choosing forex market trading as a career involves huge risks and for many people it is not worth investing in this market. The high level of leverage in this market can be the cause of loss and also the cause of your success. So before investing your capital in this market, think carefully about the investment objectives and think about the amount of risk involved and therefore the amount of experience required. Moreover, you need to take proper leverage after fully reviewing your current financial situation. If you have any idea about this then please take the advice of a professional trader before investing.