The reason traders lost in the Forex market is very simple. They invest their money when the market is out of money! The result is very natural. The market absorbs the money. If you are hungry and you are asked to hold onto a room full of chips, it is impossible that you will not eat any chips. You will take some chips and put it into your mouth. It is the Forex market. You are the trader with a hunger for trading and the Forex market is your stomach. If you place a trade when there is no money in the market, you cannot make a profit. If you look at the professional traders then you will notice that most of them are trading high-quality trading signals with the easyMarkets app. Unlike the novice traders, they know that only good setups will allow them to make money in forex trading.
Don’t trade if the market has no money
Newbie traders trade in the market when there is no money. It is like trying to catch a fish in the pond with your bare hands when there is no fish. If you know when fish will come, you will hold on and can catch many fishes without any equipment. If there is no money, do not trade. It is very simple. When there is no money, you cannot profit if your strategy is right. You make a profit from the other trader’s money in the market. No money and you cannot make a profit. Do not be optimistic and place a trade in an empty market with your easyMarkets app. Make sure that you trade the market with rational logic and with proper risk management factors. And by the terms no money we are referring to low volatile market conditions which don’t have anything to offer to the trade.
Why you need a market with money?
You will ask the question that why do I need to trade in a market with money flowing? Because of it the money which moves from traders to traders in the market. When the market is still, it is not showing any movement, it means the buyers and sellers are in equal position and nobody can take the rope to their side. If you place a trade, it is like giving your money to the charity. You cannot recover your money in a steady market or in a choppy market. You need a place a trade when the market is going on with natural movement and everybody is having their turn. Figure out who is going to win and dominate the market and place a trade.To be precise you need to find the volatile market to execute your orders with the easyMarkets app offered by the reputed broker.
Conclusion: It is much easier to make money when there is money flowing into the markets. Once you have placed a trade and lost money, it is almost impossible to return that money to your account.