Let’s look at it in more detail.

The Experiment

Legendary trader Richard Dennis set out to prove over 20 years ago, that successful trading could be learned by anyone and set out to prove his point.

He took 23 people all with no trading experience:

Male, female, young, old and from a variety of jobs – many of them blue collar and set out to teach these people a method they could use to make big profits.

The result?

These traders went on to be some of the most successful and famous traders of all time and made him over $100 million dollars.

How did they do it and how did he teach them so quickly?

Let’s take a look.

Dennis set out to teach them a simple method; they could have confidence in and apply it with discipline and then added a set of money management rules to preserve equity.

There was no filler – he just taught them the knowledge they needed to win.

It’s a fact that trading is relatively simple, yet few succeed – and they fail for two main reasons:

- They do not have sufficient confidence in their method to follow it with discipline

And:

- They cannot run profits and cut losses.

Dennis focused on these two areas taught them how to overcome these obstacles and the group succeeded.

Is it really that easy to learn forex trading?

The answer is yes and no.

It’s a fact that forex trading can be learned by anyone, yet most traders don’t succeed but this is down to them – the opportunity is there for everyone.

Trading is hard (as any venture is in life where there is big money to be made) but there is a big difference between something being hard and not being achievable.

You can succeed but just like the turtles, you must get the RIGHT forex education and learn the right mindset for success.

Trading success in forex is a combination of the right mindset and the right knowledge.

Most traders simply learn the wrong information or are lazy and expect some guru or mentor, to give them success and lose.

Unfortunately most of the systems and e-books sold on the net are not from traders but from marketing companies who never trade the system!

They make their money making claims that have no substantiation and the gullible novice traders fall for it.

The challenge

If you have a burning desire to succeed and are prepared to apply yourself to trading in the right way, by learn the right knowledge, then you can enjoy currency trading success. The question is:

Are you up for the challenge?

If you are, forex trading can offer you the opportunity to make big consistent gains and brighten your financial future – the opportunity is there now, are you have to take it?

Good luck!

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Forex training classes are a great way to learn to trade forex. They are basically a method of getting a good grounding of knowledge from which to springboard a successful trading career. In this article, let me give you your first lesson of forex.

The Big Global Picture

Forex is how much you can sell one currency for to buy another – just like when you go on vacation.

But what affects forex prices is the big global picture. It is not just the economic picture but anything that affects a country.

So, forex prices will also be influenced by war, the threat of war, emigration patterns, the weather and much more. This is what makes forex so fascinating, because it is influenced by pretty much everything. Forex Lessons

Buyers And Sellers

If you look at a forex chart for today, it will look like a bunch of waves, moving up and down. What causes these up and down movements is the pulling and pushing between buyers and sellers of a currency.

At any given time, there can be more people wanting to buy or there can be more people wanting to sell.

Just understand that the price movements, although influenced by global events, are actually drive by individuals in the market. Forex Lessons

Forex Is Not Gambling!

In gambling, whether you are betting on a sportsbook or at a casino, the house has a huge edge against you. It makes it very, very difficult to consistently win.

In forex, the commissions or fees that you pay to trade are minuscule in comparison. This means that, so long as you are disciplined, it is not difficult to make consistent profits.

The only obstacle to that is yourself…

Discipline

After you learn the basics, the most important thing that you need is discipline. Never trade on a “gut feel” and don’t risk more money if you’re losing. This is the mentality of a gambler soon to lose all his money.

Instead, you should trade based on good decisions, based on logic. Remove emotion from the equation as much as you can. Always practice good risk management and don’t risk too much on a single trade.

These are the traits that make the difference between a winning and a losing trader. Forex Lessons

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Renowned trading coach Price Headley, author of “Big Trends in Trading”, once wrote about the dangers of letting your ego control your trading decisions, especially the three critical decisions of how much money to risk, when to enter a trade and when to get out.

  “The ego desires to make discretionary decisions because it desires to appear sophisticated, and daring, and to relieve boredom. But the point of trading is not sophistication, or excitement. It is to make money. So the key question to ask is, ‘What is the most effective way to trade?’. And the answer is, ‘Very systematically’.”

  The key to successful trading, he concluded, is the consistent application of clear, well-conceived and objective trading rules. One of the cruelest paradoxes of this incredibly fascinating and challenging pursuit is that trading seems to offer so much freedom, seemingly unlimited freedom to those who are successful at it, yet requires so much regimentation and self-control. An out-of-control trader, whether rookie or seasoned veteran, will crash and burn quickly. A trader in control of his emotions has the game nearly won at the start.

  The problem is, once the game is on, self-control seems to evaporate like water in the Gobi desert. But a good set of trading rules will give the newbie a fighting chance, and keep the veteran in the game long after many of his or her fellow traders have moved on to less stressful pursuits. Your rules don’t have to be sophisticated or designed by a Nobel Prize-winning economist. In fact, the simpler the better – as long as they are clear and as long as you follow them! Otherwise you will succumb, as every trader does on so many occasions, to what the trading psychology guru Mark Douglas called “The Four Primary Fears”.

  In his classic book “Trading in the Zone”, Douglas wrote that all trading errors – every single one – result from succumbing to one of these Four Primary Fears:

  1. The fear of being wrong.

  2. The fear of losing money.

  3. The fear of missing out (on the trade and profits).

  4. The fear of leaving money on the table, or giving back open profits.

  These fears lead traders to second-guess their well-designed systems, causing them to exit before an exit signal is given, or to jump in before an entry signal is given. We’ve all jumped into trades too soon, afraid that the market was going to run away without us. And we’ve all jumped out too soon, whether second-guessing the entry and not waiting for the trade to develop or snatching the quick profit instead of letting the trade play out and hit our target. Witness the Four Primary Fears in action.

  The solution?

  1. Have a well-designed (and profitable) system.

  2. Have a clear set of rules for entering and exiting trades.

  3. Follow your rules!

  A well-designed system allows you to trade securely, even serenely, in the knowledge that over time you will make money, and that the result of any single trade doesn’t matter to the profitability of your system. After all, losses are part of the best systems ever designed. So is giving back some open profits on each trade. To expect otherwise is to expect, literally, perfection! And in this business, as in life, that is not rational!

  So, have faith in your system and faith in your rules and trade well. If your system is a good one you will make money. But perhaps just as importantly, if you follow the rules of your system, instead of reacting to your emotions when deciding whether to enter or exit a trade, the whole enterprise of trading will be much more enjoyable for you.

  Happy Trading!

About the Author
CFD FX Report is a real time tool for clients with an interest in the trading of stock markets, stocks, indices and commodities globally and forex.CFDs (Contracts For Differences) are one of the worlds’ fastest growing trading instruments that allows clients to profit from a rising and falling market. The CFD FX Report is a company comprising of expert traders that analyse the market daily and are able to make recommendations for the following day trades based on this analysis. The CFD FX Report is released everyday at 6.30 p.m. (Singapore time) for review by the clients for the next trading day so you are ready for trading when the Singapore Stock Exchange Opens.
We provide real time sms and email service for our trade ideas as well as full member support. The trading tool that traders needs. Free 1 week trial

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The next challenge is to find a daytrading system that works. Today you have the chance to choose from more than 300 trading systems available. Unfortunately just 10% of them are trading profitably.

In the next three minutes I will present you the 10 Power Principles for Successful Day Trading Systems, which will help and support you in your research.

Principle #1: Few rules – easy to understand

It may surprise you that the best daytrading systems have less than 10 rules. The more rules you have, the more likely you “curve-fitted” your trading system to the past, and such an over-optimized system is very unlikely to produce profits in real markets.

It’s important that your rules are easy to understand and execute. The markets can behave very wild and move fast, and you won’t have the time to calculate complicated formulas in order to make a trading decision. Think about successful floor traders: The only tool they use is a calculator, and they make thousands of dollars every day.

Principle #2: Trade electronic and liquid markets

We strongly recommend that you trade electronic markets because the commissions are lower and you receive instant fills. You need to know as fast as possible if your order was filled and at what price, because based on this information you plan your exit.

You should never place an exit order before you know that your entry order is filled. When you trade open outcry markets (non-electronic) you might have to wait awhile before you receive your fill. By that time, the market might have already turned and your profitable trade has turned into a loss!

When trading electronic markets you receive your fills in less than one second and can immediately place your exit orders. Trading liquid markets you can avoid slippage, which will save you hundreds or even thousands of dollars.

Principle #3: Make consistent profits

You should always look for a trading system that produces a nice and smooth equity curve, even if in the long run the net profit is slightly smaller. Most professional traders prefer to take small profits every day instead of big profits every now and then. If you trade for a living, you need to pay your bills from your trading profits, and therefore you should regularly deposit profits into your trading account.

Making consistent profits is the secret of successful traders!

Principle #4: Maintain a healthy balance between risk and reward

Let me give you an example: If you go to a casino and bet everything you have on “red”, then you have a 49% chance of doubling your money and a 51% chance of losing everything. The same applies to trading: You can make a lot of money if you are risking a lot, but then risk of ruin is very high. You need to find a healthy balance between risk and reward.

Let’s say you define “ruin” as losing 20% of your account, and you define “success” as making 20% profits. Having a trading system with past performance results let you calculate the “risk of ruin” and “chance of success”.

Your risk of ruin should be always less than 5%, and your chance of success should be 5-10 times higher, e.g. if your risk of ruin is 4%, then your chance of success should be 40% or higher.

Principle #5: Find a system that produces at least five trades per week

The higher the trading frequency the smaller the chances of having a losing month. If you have a trading system that has a winning percentage of 70%, but only produces 1 trade per month, then 1 loser is enough to have a losing month. In this example, you could have several losing months in a row before you finally start making profits. In the meantime, how do you pay for your bills?

If your trading system produces five trades per week, then you have on average 20 trades per month. Having a winning percentage of 70% – your chances of a winning month are extremely high.

That’s the goal of all traders: Having as many winning months as possible!

Principle #6: Start small – grow big

Your trading system should allow you to start small and grow big. A good trading system allows you to start with one or two contracts, and then increase your position as your trading account grows. This is in contrast to many “martingale” trading systems that require increasing position sizes when you are in a losing streak.

You probably heard about this strategy: Double your contracts every time you lose, and one winner will win back all the money you previously lost. It’s not unusual to have 4-5 losing trades in a row, and this would already require to trade 16 contracts after just 4 losses! Trading the e-mini S&P you would then need an account size of at least $63,200, just to meet the margin requirement. That’s why martingale systems don’t work.

Principle #7: Automate your trading

Emotions and human errors are the most common mistakes that traders make. By all means you have to avoid these mistakes. Especially during fast markets, it is crucial that you determine the entry and exit points fast and accurately; otherwise, you might miss a trade or find yourself in a losing position.

Therefore you should automate your trading and look for a trading system that either already is or can be automated. Automating your trading makes it free of human emotion. The buy and sell operations are all automatic, hands-free, with no manual interventions and you can be sure that you make profits when you should according to your plan.

Principle #8: Have a high percentage of winning trades

Your trading strategy should produce more than 50% winners. There’s no doubt that trading systems with smaller winning percentages can be profitable, too, but the psychological pressure is enormous. Taking 7 losers out of 10 trades and not doubting the system takes great discipline, and many traders can’t stand the pressure. After the sixth loser they start “improving” the system or stop trading it completely.

Especially for beginners it is a big help to gain confidence in your trading and your system if you have a high winning percentage of more than 65%.

Principle #9: Look for a system that is tested on at least 200 trades

The more trades you use in your back testing (without curve-fitting), the higher the probabilities that your trading system will succeed in the future. Look at the following table:

Number of Trades 50 100 200 300 500 Margin of Error 14% 10% 7% 6% 4%

The more trades you have in your back testing, the smaller the margin of error, and the higher the probability of producing profits in the future.

Principle #10: Chose a valid back testing period

I recently saw the following ad: “Since 1994 I’ve taught thousands of traders worldwide a Simple and Reliable E-Mini trading methodology”.

That’s very interesting, because the e-mini S&P was introduced in September 1997, and the e-mini Nasdaq in June 1999, therefore, none of these contracts existed before 1997. What kind of e-mini trading did this vendor teach from 1994-1997???

The same applies to your back testing: If you developed an e-mini S&P trading strategy, then you should back test it only for the past 2-4 years, because even though the contract has existed since 1997, there was practically nobody trading it (see chart below):

Now you know how to separate the scam from good working trading systems. By applying this checklist you will easily identify trading systems that work and those that will never make it.

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While there are many ways to achieve currency-trading success, all methods have the following salient points in common:

1. Simplicity

Most of the best trading systems are simple.

There is no correlation between how complicated a strategy is and how successful it will be.

In fact, the simpler a system the more likely it is to be robust in the face of changing market conditions.

Some of the most successful systems of all time have been extremely simple and you don’t need much mathematical knowledge to understand them.

2. Liquidate Losers Quickly and Run Big Profits:

The basis of any successful trading systems that deals in leveraged products is:

You need to be able to run the big profitable trends and exit losers quickly.

All good trading methods do this, and use strict money management rules, to ensure preservation of equity.

3. Understand your Method

This may sound obvious, but you need to understand your trading method, and the logic behind it, so you can execute it with confidence and discipline.

4. The Importance of Discipline

Currency trading success is rooted in a successful method applied with discipline. This means a trader has a method and follows it. This however is much harder in practice than many traders believe.

When money is on the line all traders emotions come into play and unless they can maintain discipline, currency-trading success will elude them.

Let’s look at some ways to maintain self-control and discipline when making trading decisions:

Firstly, you must be confident in your trading method. You should know exactly what you are going to do:

· When a signal indicates that you should enter a trade

· When a signal tells you to exit

You must execute your trading method in a disciplined fashion; if you don’t, you won’t have a method in the first place!

Secondly, and perhaps the best way to maintain self-control and discipline, is to feel confident in your trading method from the start.

If you have confidence when you execute your trades, you will “know” that over time they will be successful – even if you are suffering a string of short-term losses.

You must execute the buy and sell signals with confidence – these signals will lead to currency trading success in the long run, as you rigidly adhere to your method.

You need to stick with your method through good and bad times, and confidence in the underlying logic, will help you remain disciplined.

The more disciplined you are in trading, the more profits you will make longer term.

You should not underestimate the need for discipline, if you want long-term currency trading success.

If you read Jack Shwager’s Market Wizards, and the New Market Wizards, where he interviews the top traders of all time, you will see how all of them place an influence on discipline.

Currency trading success relies on a number of factors and these are:

Robust trading method + discipline = currency trading success

Remember, when trading any method, it will be of little use to you, unless you have confidence in it and can execute it with discipline.

There are a number of variables involved in longer-term currency trading success and the above are the salient points to keep in mind when deciding how to trade currencies.

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Back in the days, the use of cables and wires to transmit forex signals were the ones used. In today’s generation, these traditional and long-standing concepts have long been changed to better the trade and the traders behind it. Forex trading online paves way in rallying round traders both beginners and professionals to obtain reliable trading signal information and updated changes in helping them come up with accurate and sound decision. This alone thwarts the presence of possible losses and the risk of disturbing your finances in a manner everyone would not dare to acquire.

Forex Trading Online Program

Forex trading online courses on the net may come with a hefty price tag, but this brings about a sound investment for every trader who wants to be successful in the trade and develop their understanding of the entire forex market. As efforts are being made to pave way for an easy trade, these courses help you get in and out of the trade without major threats to your finances. These courses serve as your way towards creating more profits in the future to eliminate false steps in the past and make way for a more developed and improved present dealings. Forex trading online does not only speaks of what a trader knows about the trade, but most importantly, what one needs to know. A common mistake of online courses such as this is that they provide too much insignificant information regarding the trade that tackles not the very gist of what traders need to know. In this manner, traders are left with a kind of program that only talks about the basics of forex market without new and advanced trading techniques to impart. Hence, the right online forex trading course should be one that has the ability to provide learners distinguishing types of currencies and how they can aptly and effectively be instigated in your online dealings. Quote rates, ask and bid prices, pips and other forex trading jargons should also be well discussed.

Forex Trading Online Strategies

Realizing profit can also be attained through forex trading online strategies and these are referred to as the leverage, stop loss order and automatic entry order. Leverage is a kind of forex trading tactic that allows traders to use further resources greater than the ones they’ve consigned. This is one of those basic strategies that enable traders to multiply their chances to make more profits whilst multiplying the amount of ones deposits. Conversely, the stop loss order is a way of organizing your funds. This is done by placing a specific limit to your investing power. Through this, there will be no room for over the limit transactions and trades. Finally, the automatic entry order is a kind of strategy that enables traders to trade the moment the price of currency in the market becomes affable and good-natured.

Whatever the forex approaches employed, forex trading online strategies and courses both serve as your way to survive the world of forex trading. Make each of these resources act according to your bidding.

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i. The Psychology of Trading
ii. Money Management
iii. Trading Strategy

Let’s see how these essential pillars affect a trade:

i. The Psychology of Trading: The controller here is the mind. In trading everyone must be mentally very strong and capable of controlling emotional responses during trading. It applies when a trader in a condition where he losses certain amount of trading money or when a market drops. An expert trader knows how to find solution in any condition of stock market. He executes a trade when there’s possibility of profit from a running trade. Many people let their trade run on so-called autopilot software. Actually it is not true. Software helps traders to research current market and decide what to do. The greatest decider is the trader himself. It is a psychological game that traders play when trading in real platform.
ii. Money Management: Management of trading money is the most critical components of any successful trading plan. Many traders overlook this matter. If you fail to properly manage your risk, your odds of making money over the long-term will be diminished greatly. It is always important to have proper knowledge in managing money, especially in trading. Setting Stops, Position Sizing can help trader saving money with a minimum profit but saving from loss. Stops options are important when the trade move towards wrong direction. In fact everyone has a limit to amount of money one can handle in trading. One might have consistently made profit handling a capital of 10,000 dollars very easily but may not be able to make the same when it comes to an amount of 50,000 dollars. The risks increase when capital becomes bigger. One needs to gain enough ability before jumping into trading with larger capital.
iii. Trading Strategies: The Strategy of Online Trade bring all terms of trading together. All traders focus on their strategies before starting a trade online. Strategies are the backbones of a business. Seek Strategy considering all aspects into trading, set your goals and investments for each trade you are going to perform before you trade. Some online tools helps to do all research and set a strategy. You can take the benefit by using them during the initial setup of trading.

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So, let’s look at the conventional wisdom most traders follow, and why it actually causes them to fail – and how if you ignore the conventional wisdom, you can actually make big profits!

1. It’s Easy to Make Money!

Most currency traders are led to believe, that successful currency trading is easy – and there are plenty of vendors and brokers, who perpetrate this myth – as they make money from this myth.

As we all know in life making money in any area is not easy.

If you think successful currency trading is easy, you’re in for a reality check – successful trading isn’t easy.

2. Responsibility

This leads on from the above – if you want to make big profits, then you are responsible, and no one else.

The fact is, the majority of people in life can’t accept responsibility – and this means they will fail. They think someone else can give them success – and of course, they can’t. Many people rely on guru’s – who, if they could make money themselves, wouldn’t be selling their advice.

3. Methods Doomed to Failure

There are plenty of methods out there that are doomed to failure.

Let’s take day trading – as the biggest doomed method of all! How can you make profits in day, which are big enough to cover the losses on your losing days, cover large commission and slippage costs? You can’t – but brokers will tell you that you can, as they are making more commission!

There are many more examples – but this is the perfect example of how not to be successful in currency trading.

4. Money Management

We all know that money management is one of the keys to successful currency trading – but on small accounts, conventional wisdom states the risking of about 2% per trade! Well your risk on a 10,000 account is just $200. So what happens? – You take small risks and get stopped out most of the time – and never make any money.

If you aren’t going to take a risk – don’t trade currencies.

5. Market Timing is the Key to Success

No, it isn’t – this involves predicting the market. Many traders like to follow predictive theories such as Gann and Elliot Wave – that try to predict where you should enter the market in advance. These predictive theories don’t work.

You simply need to follow market action – and wait for confirmation. You may miss part of the trade, but your odds of making money are far higher.

Some Positive Advice

Successful currency trading depends on the following character traits:

1. Individual Responsibility – You and you alone are responsible – and you can’t follow, or blame anyone else.

People generally like to think other people can give them success, but life is simply not like that – it’s all down to you.

2. Confidence – To acquire this trait you need to do your own research, and come up with a trading method you are happy to follow.

3. Discipline – This follows on from confidence – if you have confidence, you can apply your method with the rigid discipline necessary, and achieve currency-trading success.

4. Method – Your method needs to be long term based and not predictive – simply follow market confirmations.

5. Risk – You need the courage to take calculated risks. If you have a small account forget 2% – 10% to 20% is a more realistic figure – which means you have to trade sparingly – and have the courage to hit the big trades hard.

The Big Secret

We can’t cover all the aspects of successful currency trading in a single article.

However, 90% of traders follow conventional wisdom – and 90% of traders lose money – which tells you, the biggest secret of currency trading success is not to follow conventional wisdom.

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Before you enter into the world of Forex trading it is important that you think carefully about the trading strategy that you will adopt. There is no one strategy for trading in the currency markets and each Forex trader will need to find his own strategy. What is important, however, is that you do have a clearly defined plan right from the outset. Most Successful Forex Trading Strategy

Some traders choose to adopt a technical approach to trading while others feel more comfortable with a fundamental approach. Both of course are sound, but the truth is that truly successful traders use a combination of both to give them both a broad overview of the market and to allow them to plot specific entry and exit points for their trading.

The key concept behind technical analysis is that prices move according to trends and that markets possess clearly identifiable patterns which can be seen if you know what to look for. Here of course knowledge and experience come into play but it is also a matter of making use of the numerous analytical tools that are available and gaining a sound working knowledge of each tool in turn. Many of these tools work together and using several alongside one another can give you a good, clear picture.

Many traders also look for support and resistance levels. “Support” refers to a low price level that is repeatedly seen as the bottom of the market and from which prices tends to rise. “Resistance” levels are high prices beyond which a currency rarely trades.

If a currency price breaks through either its support or resistance level then the prices are likely to continue in that direction. For example, if the price rises above its previous resistance level it is seen as bullish and the price can often be expected continue its rise. Most Successful Forex Trading Strategy

Another common tool used in Forex trading is that of moving averages. The simple moving average (SMA) shows the average price in a chosen period of time (say 7 or 14 days) plotted out over a longer time period. Moving averages are used to eliminate short term price fluctuations and to give a clearer picture of the movements in currency prices. Forex traders can plot a SMA to indicate when prices are showing a tendency to rise or fall. When prices rise above the average they will often continue to rise and, similarly, when prices fall below the average they will frequently continue to fall.

These are two from many examples of trading strategies that can be used either on their own or in combination and Forex traders should use a number of trading tools to analyze market condition. If several indicators from different tools show that the market is moving in a particular direction then you can trade with reasonable confidence, while relying on the indication from just a single tool is often risky.

Fundamental analysis also provides an extremely useful tool and can often be used to reinforce the indications derived from technical analysis.

Whatever your trading strategy it must provide you with clear expectations about movements in the market and indicate just where and when you should both enter and exit trades. A sound knowledge and understanding of both fundamental and technical analysis should be your starting point in building your own Forex trading strategy. Most Successful Forex Trading Strategy

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Before you start or continue trading, you need to know the main rule of successful forex traders: you should use your own forex trading system. You can ask: why is this system so important? It is very simple. If you don’t have your own successful trading system you may lose your money after only 1 or 2 weeks. It’s very difficult to be a successful trader without using a tried and tested system. For many people trading is a gamble. They try to start trading as soon as possible and make money too quickly. This usually leads to losing on the first trade. Many successful traders have their own strategies that have proven their effectiveness.

But the problem is – it can take many years before you you’ll find this strategy, and also it will take some time to test how well it works. Yes this is true – some traders develop their strategies over 2 or more years! Here’s a simple test for you – Check your trading results for the last 3 Months. – Do you have your own rules? Do you make profits consistently? Is your capital growing every week / month? – If all answers are “yes” – you have already your own forex trading strategy. But if any questions were answered “no” – Stop your trading immediately! You’re losing your funds and you need to make some changes.

The easy way to change your losses to profits – Get an already working trading strategy from traders who are already making money! These successful traders have incorporated their trading strategies into a piece of forex trading software that helps traders make their decisions immediately. You need to be using software that gives you exact buy/sell signals.

This forex trading software will alert you about the best opportunities at the right moments – Because the program calculates many forex indicators and follows all trading rules automatically. So there isn’t the “human-error” factor. Ask yourself – do you say sometimes “It was a bad day today…” I’ll tell you why this is bad day for you. Because you think this is a bad day… and you made mistakes in your trading and lost money today. This software doesn’t know about “bad” days. It just follows the trading rules without emotion to make profits for you.

Every successfully trader uses a few strategies to increase their profits, and minimize losses. The simpler a strategy is, the better it is. I started to use an already proven and working forex trading system after an experienced professional trader gave this advice to me. And this helped me a lot. I think for many new traders or people who have some problems with it right now “I mean losses” this will be a good opportunity to turn your losses into profits.

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