by User » Thu Jul 09, 2009 8:41 pm
Forum transfer: Submitted by User on October 14, 2007 - 02:13.
Some things can be said about how people think or feel when it comes to Forex. First off, since there so many new people trading currencies everyday, and so many of them are under 35, I get this feeling of childish competition, with phrases like: "I havent lost once since...", "I have never blown an account". The paradigm in which the questions arises, has nothing to do with Forex or Trading. In fact not loosing can be counted as one of your bigger weakneses. Is it that bad to blow 4 1000$ accounts if that leads to learn how to make 300% per year in your 10.000$ account? Is it bad having to lose 20 pips seven times in a row if that teaches how to make 200 pips in a week?
So you see, things tend to be relative, like our beloved market, or our fellow traders.