THE REALITY OF TRADING FOREX (WHAT MOST GURUS WON'T TELL YOU!)
THE REALITY OF TRADING FOREX (WHAT MOST FOREX 'GURUS' WON'T TELL YOU!)
Institute Trader talks about the harsh realities of Forex trading, and what you should expect before starting your trading journey in Forex, Commodities, Stocks, Crypto, or any other financial market.
There's an age old saying in trading that goes something like this: "90% of traders lose 90% of their account in the first 90 days" Most beginner traders come in with the WRONG mindset. They come in thinking they will make boatloads of money overnight, but unfortunately that is not the case. And these traders soon realize the harsh reality, that it's not as easy as they had initially expected. So they quit. This is why 90% of Forex traders will fail. If you start playing a new sport, you don't expect to be a professional athlete by the following week, yet many new traders come into trading with this same expectation of being a pro trader overnight. This is the wrong mindset and coming into trading with this type of mindset can be very dangerous. Traders often learn this the hard way. Our goal at Forex Lens is to put you on the right path of success.
Trading professionally is one of the most sophisticated career paths in the world and it's the most rewarding. Forex Lens teaches traders all over the world how they can trade consistently and profitable in the Forex and Commodities marketplace. We trade using a form of technical analysis that involves Institutional / Smart Money concepts and price action trading to help us identify high probability trade setups. We will show you how we pick our entries, exits, stop losses, and take profit targets. We'll show you how to manage risk like a professional, how to improve your trading psychology, managing your emotions, and get past personal challenges that our traders have gone through in their journey.
We also provide technical and fundamental analysis on Cryptocurrency projects that we believe in and are adding to our portfolio. Join the Pro Trader Membership and learn how to trade like professionals in the Forex, Commodities and Crypto market.
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Any and all information presented or shared by Forex Lens Inc., operating as Forex Lens, should never be taken as, or mistaken for financial advice. All content, (including but not limited to videos, live sessions, videos, trade ideas, notifications, Discord messages and emails), including any translations in different languages should be used only for educational, entertainment or informational viewing purposes. At no point does Forex Lens, its associates, employees or traders make any financial claims or guarantees, and past performance does not guarantee future results.
Forex and/or Crypto trading (especially on margin) carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with off-exchange foreign currency trading and seek advice from an independent financial advisor if you have any doubts.
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