Forex Forex trading is not a get-rich-quick scheme

[Rookery]

I think forex trading is like a skill, such as programming. You can’t learn it instantly. As a trader, you need to learn and implement new things continuously. It is a misconception among traders that they will become rich instantly from trading. There is a high level of risk associated with forex trading. And you only understand it when you trade.

 

[glabella]

Forex is a wide concept and learning it in a short period of time is very difficult. It is very wrong and misleading to relate forex trading with a get rich quick scheme. Traders should consistently practise trading to refine their trading skill.

 

[Torsade]

You might not get rich quickly with forex trading. But if you keep patience and trade properly, you will surely become rich one day. Start with obtaining forex knowledge before trading in the live market. Good things take time and effort.

 

[Hydrogenic]

Although it is possible to become rich with forex trading, it doesn’t happen instantly. The market is risky and requires years of learning and practise, which a majority of traders fail to understand. Thus, before you trade, you should be clear of this and trade with realistic expectations.

 

[pawelkolasa]

A Get rich quick scheme in forex trading is a misconception which is more popular among new traders. The lack of awareness makes it harder for them to realize the facts of trading forex which leads them to lose and blow off their account.

 

[Palaeophile]

You’ve lost half your battle if you get into forex with the mindset to earn money quickly. Trading is learning initially. No new trader is able to make consistent good profits without proper knowledge and prior practice.

 

[cashisking149]

Learning to trade anything should be considered undertaking learning a skill that gives you great earning potential. As such why would any reasonable person expect this is something that can be acquired quickly? It literally baffles me. It's arrogant and stupid.

 

[Ithedicious]

Well , people will always like to make that mistake by believing that an online skill is something that you can just make money from without having to learn and understand it all . In the case of forex trading you can't possibly make money with it when you don't really understand about it , But instead of you making money here you will instead be losing your money .

Because of this , it is not advised that you to do things you will definitely lose your money except you really understand how to do it perfectly and that is what everyone are always advised to do...

Anyone who is interested to prove that a lot of people are losing in forex trading should make a research to understand how many percentage of Forex traders will always lose their money and this will really help you to understand a bit of what Forex is all about .

Apart from paid to post website , I don't really think you should consider any other online business as a get-rich-quick scheme because you will be so disappointed to find out that this is not the case as it will require a lot of training and dedication.

 

[Symphonia]

When traders enter the market thinking they will get rich in no time, they are highly mistaken as it doesn’t work like this. It takes time to make profit returns. Only through experience and lots of practice can you understand how to analyse the market conditions and make sufficient profit. Many traders end up blowing their account due to over trading with this mindset which is why they lose.