MoneyTec Traders Community Forum - View Single Post - If Forex is so lucrative then why many people are not interested in this?

bearprofits · 24-01-2004, 10:22

Peteuk,

Glad to see you back on the forums! Thought we were going to have to post a ransom, but I see you escaped! LOL

What I have found is most Forex players are undisciplined. ( Judgement from my own past experience and close friends who are afflicted with the trading bug ) Having a workable system is not enough, either you use strict money management rules, cut you loses short, let the profits run, ect... All these axioms are either enforced or it's a matter of time before your account is wiped out.

Just my $.02 worth.

24-01-2004, 10:22	#14
bearprofits aka " The Wallet " Join Date: Oct 2003 Posts: 857 Downloads: 4 Uploads: 0 Rep Power: 0	Peteuk Ditto Peteuk, Glad to see you back on the forums! Thought we were going to have to post a ransom, but I see you escaped! LOL What I have found is most Forex players are undisciplined. ( Judgement from my own past experience and close friends who are afflicted with the trading bug ) Having a workable system is not enough, either you use strict money management rules, cut you loses short, let the profits run, ect... All these axioms are either enforced or it's a matter of time before your account is wiped out. Just my $.02 worth.