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❓ASK Small and steady profit should be the target

Razor1911

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Most of the traders try to earn huge money in short period of time. And due to such greedy behaviour, many traders fails to survive in the market. Specially the newbie traders not understanding such things loses their capital.

In forex, our target should always be to earn small yet steady profits. If we trade for high profits, maybe once or twice we can succeed, but in long term we will ultimately lose everything. So better try to achieve long term goals by small profits with Consistency.
 
I guess you are right. Provided one is not ruled by greed, small but steady profits should be enough which doesn't rule out the lucky days one gets in the course of trading.
Small and steady profits will only give us long term succees. By trading with luck, some traders may get some temporary profits but to sustain for long term, you need to be steady and consistent.
 
Concerning to the topic on small and steady profit being the target. Well, the word consistency is very vital. A trader should not be in a hurry to make huge money within a short period of time. Slow and steady inflow of money is much better
It is much better than an one time sale. Steady earning will ensure that you have continuous liquidity in your hand which you can reinvest to earn even more.
 
Yes, you are right. Nowadays, most of the tradea are only fond of money. They want a lot of money in a short time. There is a proverb that "Grasp all lose all". I think in trading, we should think of slow and steady profit not a huge profit in seconds...
 
Yeah slow and steady is the best technique to follow in forex or wherever you earning online. Greed makes the situation worse and there is more chance of losing money due to it.
 
Yeah slow and steady is the best technique to follow in forex or wherever you earning online. Greed makes the situation worse and there is more chance of losing money due to it.
When people becomes greedy, small profits will not give them solace. They will strive to earn more and more and in that quest of earning more, they lose all their profits.
 
Most of the traders try to earn huge money in short period of time. And due to such greedy behaviour, many traders fails to survive in the market. Specially the newbie traders not understanding such things loses their capital.

In forex, our target should always be to earn small yet steady profits. If we trade for high profits, maybe once or twice we can succeed, but in long term we will ultimately lose everything. So better try to achieve long term goals by small profits with Consistency.
Really nice tips here op. I think it's a result of inpatience that's why the Market has only about 1% of its traders as successful.
 
That should be the watch word especially for newbies. The act of small and steady profit though might tiring and tasking can help to prevent losses and also help to understand trading strategy very well, but sometimes greed do take over us and that might make us lose so much.
 
That should be the watch word especially for newbies. The act of small and steady profit though might tiring and tasking can help to prevent losses and also help to understand trading strategy very well, but sometimes greed do take over us and that might make us lose so much.
small and steady profit is the best but in forex greed is what that make us loss sometime if we can trade gradually obtain the small profit that come in then surely we will still reach where we are going so some forms of emotion like greed need to be control
 
Most of the traders try to earn huge money in short period of time. And due to such greedy behaviour, many traders fails to survive in the market. Specially the newbie traders not understanding such things loses their capital.

In forex, our target should always be to earn small yet steady profits. If we trade for high profits, maybe once or twice we can succeed, but in long term we will ultimately lose everything. So better try to achieve long term goals by small profits with Consistency.
Most times people allow greed to affect the way they think and thus they will end up losing more from their investment . The little profit should be appreciated.
 
We have a family friend who is a veteran in forex trading. Her first rule is to invest only the amount that you can afford to lose. Take note, it is the money that you can throw away. When it earns, invest all of it until you hit the 3 times lucky streak. That will earn you a substantial profit.
 
That is very good advice, thank you for telling us. Indeed greed and that need to make fast money is what makes many people fail in forex trading. Many newbies go there wanting instant gratification instead of taking their time to learn the skill and be content with small but steady/consistent profits.
 
Steady profit is very hard to achieve. Last 3 years, I am doing business and I know it is very tough to have constant profit every time. Continuous hard work is required.
 
Most of the traders try to earn huge money in short period of time. And due to such greedy behaviour, many traders fails to survive in the market. Specially the newbie traders not understanding such things loses their capital.

In forex, our target should always be to earn small yet steady profits. If we trade for high profits, maybe once or twice we can succeed, but in long term we will ultimately lose everything. So better try to achieve long term goals by small profits with Consistency.
Not everyone understands the language of start small and steady till you earn big, the first time I tried forex trading although not doing it again, had to give someone to monitor and give me my cut or share of the wins, funny, well the person. That introduced it to me was like when you start it gonna give you the wins like good pay in 2 weeks got excited and ahead myself, my expectations was cut down so much that I was doubting myself, but a friend had to tell that is not the way this whole thing works you have to go through some stages and be prayerful if it will work out or nay. So will just urge every one to just be patient though.
 
Many traders lack that patience and have more greed and they go for huge amount of profit with a very small investment ,then they lose a lot of money at the end
 
Most of the traders try to earn huge money in short period of time. And due to such greedy behaviour, many traders fails to survive in the market. Specially the newbie traders not understanding such things loses their capital.

In forex, our target should always be to earn small yet steady profits. If we trade for high profits, maybe once or twice we can succeed, but in long term we will ultimately lose everything. So better try to achieve long term goals by small profits with Consistency.
The same thing happens in crypto trading also, many peoples do future trading and took high leverage to take profits in minimum time, but one market crash or dump can lose the money.
only invest that you afford to loose
 
Most of the traders try to earn huge money in short period of time. And due to such greedy behaviour, many traders fails to survive in the market. Specially the newbie traders not understanding such things loses their capital.

In forex, our target should always be to earn small yet steady profits. If we trade for high profits, maybe once or twice we can succeed, but in long term we will ultimately lose everything. So better try to achieve long term goals by small profits with Consistency.
I agree with you this is what is called small and steady wins the game. If we leave greed we can always win. Strategy of trying to making small profit for a long period of time never fails
 
Many traders lack that patience and have more greed and they go for huge amount of profit with a very small investment ,then they lose a lot of money at the end
Yeah, trading that is based on greed mostly leads to losses. A small investment usually gives you small profits and you should be satisfied with that as you continue learning and being skilled so as to improve.
 

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