Trading Discussion Hope is very important

Jack Reacher

Verified member
Hope is very important for success in any Field. But there is one more important thing which is skills. If we are not skilled enough no hope will help is to survive. Once we are skilled enough we can hope for the best. Most people don't give importance on skills as it needs time to get skills. People want profit quickly. As a result they lose money in the forex. Broker is also very important for trading. A good broker like Eurotrader is very much necessary for success.
 

Dita Walczak

Verified member
Skills need to be developed for trading. Profits cannot be made without skills development. Investment can be wasted if skills are not developed. This is why research is always needed. Skills can be developed through online research.
 

btaliat

VIP Contributor
Just like you said, hope must be built on something, if not, it will die off. That's the reason why we need to have a good skill after having hope. This will make sure that the hope is alive. And from your last sentence, people will lose money if they don't have the required skill.
 

Victorial

Active member
Hope works pretty well when you are sure of your skills and the kind of services you render with your skills. If you are skillful, you will know that people are going to come to patronize you. In forex, you don't trade blindly. All traders must have a strategy to trade and this strategy must be good
 

Letlhogonolo

New member
Hope is very important for success in any Field. But there is one more important thing which is skills. If we are not skilled enough no hope will help is to survive. Once we are skilled enough we can hope for the best. Most people don't give importance on skills as it needs time to get skills. People want profit quickly. As a result they lose money in the forex. Broker is also very important for trading. A good broker like Eurotrader is very much necessary for success.
yeah hope definately is necessary cause its the light that comes through when it gets dark
 

Mandy96

Valued Contributor
Speaking of hope, this is what specifically keeps a forex trader going. Because the business is very similar to gambling. And you just have to keep hoping that you win when you play. I mean if we take a good look at it, one will notice that it deals with prediction because as far as I am concerned, I can’t really say that there is any basic technique that works for it. Even if you decide to master the trade for years. That does not stop you from losing like you do not know anything about it. It is a very unpredictable job, that is the number one thing you should know about it
 
Everything in this world exists in hope. We are trading because of our hope that it’s possible to make money in the market. If the hope is lost nothing can drive you to work for it. As put-in by OP, skills are equally important. If you don’t work on your skills and fail continuously, empty hope can’t push you any farther.
 

Nite

Valued Contributor
Hope is very important, yes, but it requires skills to have success in that field. And in today's digital era, anyone can try their hand in forex market, but it needs essential skills to master the art of trading. As a trader, you need to have the mental stamina and discipline for the ups and downs you're going to experience while forex trading, also it will be helpful if you are proficient in analytical mechanics.
 

rextee

Member
Yes, I agree that hope is important in trading. But you also need to have good trading skills and knowledge of fundamental and technical analysis. Traders who are consistent and are backtesting will definitely see the results.
 

Jack Reacher

Verified member
Forex is a tough journey for beginners. Keeping that in mind, beginners can curve our their plans to achieve the market. Much struggle, patience and perseverence are needed to survive in this market. FXOpulence provides traders with advanced technology and narrow trading spread.
 
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