Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Razor1911]

We have joined the forex market from different parts of the world. The only expectations from forex is to earn some nice amount of profits. In the initial stages everyone of us probably gone through tough Times. Only few traders can continue their journey in this risky business for long time and we are lucky to be one of them.

Initially when I traded for the first time I had incurred a loss. I invested $10 in a broker and traded without much knowledge. I lost around $5 and then closed my account and withdrawn the amount. Though the amount is small, But it had shown me how risky the forex business is. After that I had not invested for more than 6 months and I only tried to learn in that period. What is your story about your first trade. Was it a profit or loss, please share with us.

 

[Frank008]

Forex traders frequently begin with a small account and progress to larger ones over time. This enables individuals to learn how to trade and make money without taking on too much danger at once. Because it's challenging for a trader to forecast what will happen in the market, the initial trade frequently ends in a loss. Their chances of making money rise with time as they gain experience.

 

[btaliat]

Having our first trade to be loss doesn't even mean that we are not good or we are making a big mistake. It only means that we need to be more proactive while taking trades subsequent times by making sure we take the necessary steps.

 

[Franca01]

My first trade is a loss as well , like many other traders. I invested less amount , somewhere like $10 or even less than that , and I remember losing 50% of it in a week or so , i went for long term trading which didn't suit me. From then on , I am busy finding short term trading strategies like chart reading and insider news about the market to earn wisely from stick market trading.

Actually, i think trading is not all about profit , though we to to get profit yet we need to always learn from our losses in order to make the profit. Many people give up just because their start up was always losses, but to me i don't think is the best.

 

[MarryL9]

The very first trade which I took was loss so I can tell you that when you get started you will need to learn how to trade properly its the best way to trade safely for someone like me I learn but I think that the channels which I use to trade wasnt good enough.

Now after series of learning and practice I was able to aquire something good so I think that the first trade was loss but after sometime I was able to start taking profitable trade because my experience was upgrade