The truth for youths about Forex business

Samtee said:
Eti utapata mtu kachukua mkopo wa kutrade au ndo those saved coins za kujiendeleza
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Lazima uliwe kichwa kwa kutokuwa confort pesa ya presha haitakiw ktk trade, maana unatakiqa uloose 100usd alafu unakiwa okey kama hakuna kilichotokea
 
It's important for young people to be aware of the realities and risks involved in the financial markets. I appreciate your personal testimony and the emphasis on the need for knowledge and education.As someone who's also looking for ways to make some extra cash, I've been considering giving MT4 Forex brokers a try. It's encouraging to hear that, with dedication and proper training, making money in the stock industry is possible, albeit difficult. I agree that investing in knowledge is crucial before entering the battlefield of trading.
 
Akili kubwa hii, big up 👍

lakini mbona inashauriwa mtu uwe na streams kadhaa za kipato..ukikomaa na specialization uta loose kwengine, just my 2 cents ila nakubaliana na wee kwa upande mmoja
 
Hey guys! I stumbled upon this forum thread while doing some research on forex trading, and I wanted to share my thoughts. As a young adult in my early twenties, I've been intrigued by the idea of entering the forex business. It's true that there are success stories out there, but it's equally important to acknowledge the risks involved. It's crucial to educate ourselves, start small, and be patient with the learning process. Finding a reliable mentor or joining a community of like-minded individuals can also be beneficial. I'm taking an in-depth look at Immediate Connect, a platform that helps you trade cryptocurrency.
 
''It is our fear that stops us from conquering our wildest dreams. You know the clichés, as
well as I do. Face your fears, live your dreams''

Umetisha sana Mkuu
 
Smart Gang said:
''It is our fear that stops us from conquering our wildest dreams. You know the clichés, as
well as I do. Face your fears, live your dreams''

Umetisha sana Mkuu
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The life that you desire it's in other side of wall that you're afraid to stumble through
 
I totally agree with the advice to invest in KNOWLEDGE! Forex trading isn't a "get-rich-quick" scheme, as some might claim. It takes time, dedication, and a solid understanding of the market's complexities to succeed.
I can relate to the struggles mentioned in the post. I've been in the forex game for about 5 years too, and I've faced my fair share of ups and downs. Learning from mistakes and developing a robust trading strategy is key.
As for anyone starting in this business, I've heard good things about Quantum AI - the trading tool. It might be worth exploring to enhance your trading experience. But remember, always do your research and trade responsibly!
 
Ngoja nikuweke sawa kaka hizo statistics ulisema hapo juu zinahusu international foreign exchange Market ambapo inajumlisha Hedging foreign exchange market, arbitration na Speculation.


Tatzo watu wanaosema wengi kitaa wanatrade forex huwa wanafanya speculation ambayo hii n kamari Gambling na haipo regulated hapa Tanzania. HII NI KAMARI WAKUU n makisio ya future exchange rates without setting exchange rate with a third party.

lakini Hedging ipo regulated kabisa na n very common in multinational companies
ukishika Arbitration haina loss kabisa n always profit..


TATIZO UELEWE UTAPIGWA NA SPECULATION AD UNAKUFA WE UNAIITA TU FOREX [emoji23][emoji23][emoji23][emoji23]
 
Marazone_kid said:
ide

iseme
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Utafundishwa ama ukitaka kuipata gold utajua namna ama Cha kufanya ili uipate,if you're really need it, otherwise utaishia njiani.
Hii Ni sawa na mvuta bangi aambiwe chimbo la kuuza bangi,ama mwizi afundishwe how kuiba.
Once you understand the destination of the TRADING journey then if it worth your energy you can spend that reach there
 
When it comes to the Forex business, here's my take. It's a high-risk game that promises quick gains, but it's essential to understand the complexities involved. I've personally dabbled in trading and found that using AI trading software, like Ethereum Code, added a new dimension. It helped me analyze data and make more informed decisions. Just remember, there are no guarantees, so start small and learn the ropes before diving in deep.
 
Your personal journey in the industry is quite the rollercoaster, but your perseverance and the lessons you've learned are truly valuable. Education and knowledge are undoubtedly the key players here, and your advice to do thorough research and invest in learning is spot on. Also, that point about the difference between forex and get-rich-quick schemes is crucial.While my response is a bit tardy, I hope it resonates with others who stumble upon your post. And speaking of investing, have you checked out AI routing for professional day traders? It might offer some fresh perspectives and tools for navigating the forex landscape. Here's the link, just in case: blackeaglefg.com.
 
It's awesome that you're shedding light on the truth about forex trading, especially for the younger generation. The allure of quick riches can be seriously tempting, but your insights hit home about the real deal. The forex market is like a wild jungle where only the well-prepared survive. Your journey of learning, giving up, and relearning speaks volumes. It's true, there's no shortcut to success here. It takes guts, grit, and most importantly, knowledge.
 
Your testimony echoes the importance of investing in yourself before investing your money. The lack of proper education can lead to unfortunate outcomes, and I completely agree that graduates should harness their education to navigate this terrain. Also, you've highlighted the pitfalls and scams that exist, and it's crucial for newcomers to be cautious. It's easy to get swayed by promises of overnight success, but as you've pointed out, success in this field demands dedication, strategy, and a good dose of realism. Thanks for sharing your wisdom and experiences. It's a wake-up call for those who think trading is a walk in the park. Remember, as you continue your journey, tools like Quantum AI could offer insights and support in this dynamic arena.
 
Moja ya maswali ambayo yanawatatiza watu wengi wakitaka kuanza kujifunza forex trading ni kuwa ajifunze kwa nani, na je kweli huyo mtu anayetaka kujifunza kwake amefanikiwa kwenye ambacho anataka kujifunza. Watu wamekuwa wengi sana mtandaoni wakijinadi kuwa wao ni trader na wamefanikiwa sana kwenye hii biashara kumbe ni uongo na kujiingizia kipato kwa njia ya udanganyifu.Hapa nimekuletea mambo muhimu yakuzingatia kabla hujatoa pesa yako kwa mtu yoyote ili akufundishe forex trading au akufanyie shughuli yoyote inayohusiana na trading ikiwepo Signal Services au Account Management;

1. Experience / Uzoefu .

Kabla yakuanza kutaka kujifunza kwa mtu yoyote yule anza kwa kutafuta uzoefu wake sokoni. Unaweza kutambua uzoefu wake kwa kumuuliza yeye mwenyewe, kuuliza kwa watu, kuangalia ukarasa wake wa mitandao ya kijamii na njia nyingine ambayo utaweza kuitumia ili kutambua uzoefu wake. Hii itakusaidi kufundishwa na mtu ambae ana uzoefu wa kutosha sokoni na pia utaweza kuepuka makosa mengi ambaye yeye atakuelekeza kutokana na uzoefu wake.

2. Profitability Consistency / Muendelezo wake wa kupata faida sokoni.

Huwezi kujifunza kwa mtu ambae hapati faida hapo ni sawa na kuongozwa na kipofu au kufundishwa hesabu na mtu ambae hesabu alipata F. Na ili kujua kama mtu huyo anapata faida anza kwa kumuomba historia ya akaunti yake. Historia ya akaunti yake iendane na muda ambao amekwambia kuwa anapata faida. Mfano amekwambia mimi nimekuwa nikitengeneza faida kwa kipindi cha miezi sita (6) basi hakikisha kuwa akupe historia ya miezi sita ya akaunti yake ikionesha faida. Chakuzingatia hapa haijalishi mtu anauzoefu wa muda gani sokoni bali tunaangalia anatengeneza faida kwa muendelezo kwa muda gani kwasababu anaweza akawa ana uzoefu sokoni wa miaka minne(4) lakini akawa ametengeneza faida kwa muendelezo kwa miezi 8.

3. Eyes Proof / Ushahidi wa macho.

Kukutumia tu historia ya akaunti yake kwenye simu kuwa anatengeneza faida haitoshi nenda mwenyewe ukajionee kwa macho kuwa anatengeneza faida. Siku hizi kuna App fake za mt4 & mt5 so mtu anaweza akaedit mt4 & mt5 akionesha kuwa anatengeneza faida kumbe anaishi kwa hela za kufundisha.

4. Recommendation from Others / Mapendekezo kwa watu ambao walifundishwa nae

Lazima utafute angalau watu kadhaa ambao walifundishwa na mtu ambae unataka kujifunza kwake au mwalimu ambae alimfundisha ambae unataka kujifunza kwake. Hii itakusaidia kupata mrejesho chanya au hasi kwa ambao walipita mikononi mwa mtu huyo na pia kujua kama kweli ni mkweli au mbabaishaji. Watu hao unaweza kuwapata kwenye ukurasa wake wa mitandao ya kijamii (Watu ambao wememfollow) au kwa kumuuliza yeye mwenyewe watu ambae amewafundisha.

5. Personal Commitment / Utayari binafsi

Kabla yakuchukua hatua na maamuzi yakutaka kujifunza hii biashara lazima kwanza wewe mwenyewe uwe tayari kwa kujitoa kwa hali na mali. Utayari wako ni wa muhimu sana kwani itakufanya kusonga mbele licha ya vikwazo na changamoto utakazo kutana nazo na kuweza kupata matokea chanya. Kumbuka tulikuwa wengi darasani, tukafundishwa wote na mwalimu mmoja lakini tukapata matokea tofauti kwa hiyo lazima utia juhudi binafsi ili kuweza kusonga mbele.

Mwisho

Gharama ya malipo kwa ajili ya kufundishwa forex trading haina maana anayekufundisha ni bora au utapata matokea chanya. Wapo ambao watataka gharama kubwa lakini hawatakupa kilicho bora. Wapo wengi ambao wanafundisha kwa gharama nafuu na kukupa kilicho bora. Nakutakia mafanikio mema katika safari yako ya trading.
 
Mimi Forex ime nifilisi na kufanya maisha yangu kuwa magumu sana kwakweli.
 
1. Keep it simple, Choose one trading pair focus and master it.

2. Experince is everything, reading books won't get you any invaluable skills. keep trying and failing till you get there( use demo account) or real money which is way better to keep you in check.

3. Choose one strategy and tune it to your liking; risk reward ratios, risk management, entry & take profit zones e.t.c

4. The most important take away lesson I learned with forex is " It's always you vs you"
 
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