16: Unrealistic Expectations
We all dream of making it “big” online trading currency. Nothing wrong with that. It is a good goal or ambition.
But when you are trading, you got to be realistic.
I shouldn’t be the one telling you this because I’m the worse culprit of having unrealistic expectations in forex trading and I’ve suffered a lot for it.
I once took my live $8,000 trading account to $22,000 in a month or two and then blew it up within a week because I though: “Hey, I could make $50,000 this month”.
Solution:
- You are not going to be forex millionaire overnight.
- If you by good forex trading practice increase your account 100% or 200% in a short time, protect your capital and don’t be greedy.