My First Year in Forex! Lessons Learned and Achievements

[myron]

Today, I want to share my experience during my first year in the market. I've had ups and downs, but I've also learned a lot. What were your biggest challenges in your first months? Share your experiences.

 

[magiangelic]

I just made my $1500 usd day a few days ago. Seems like a lot but I'm scared it will all go missing

 

[JohanDM]

good for you , I also feel this way when I make a profit but you have to aim higher and learn even more even if that means loosing a little but you will make it back

 

[Fin_Trader]

Like most newbies, I had a lot of difficulties in my first year of trading. Firstly, trading without a profitable trading strategy brought a lot of losses. Secondly, I wanted to make a lot of money quickly, so I often did not control the risks. Therefore, I had to learn from my mistakes, gradually developing my strategy, learning risk management and controlling my emotions.

 

[skrimon]

Like most newbies, I had a lot of difficulties in my first year of trading. Firstly, trading without a profitable trading strategy brought a lot of losses. Secondly, I wanted to make a lot of money quickly, so I often did not control the risks. Therefore, I had to learn from my mistakes, gradually developing my strategy, learning risk management and controlling my emotions.

Sounds like you've learned some valuable lessons the hard way, which is common for new traders. Developing a strong strategy and emotional control are definitely key. Did you find any particular resources helpful in learning risk management? Sharing your experience could benefit others starting out.