Fishing Profit in Forex Trading

I have joined my friend who likes fishing several times, both fishing in the pond and in the river.

One of my friends named Baridin, he has a fatwa "fishing is simple, the bait is quite worm"


Another friend of mine named, let's call it codot, he gave the fatwa "fishing if you want to get lots of fish, the bait must be good, use sardines, pellets, duck eggs, kroto"


I joined them fishing several times, then which risk & reward ratio is better between baridin and codot? In theory, the codot's way of making bait is cooler when compared to baridin, which only relies on worms. Chances are the codot will get more fish.


But, there's a but, guys.. 😂


Fishing profit in forex trading



Every step in a business, in this case is a fishing effort . What we have to take into account is the risk.


Can you imagine? If codot bait, which is worth tens or even hundreds of thousands of rupiah, turns out to be eaten by broom fish, and barydine worm bait is eaten by the same fish, who will lose out? Of course codot.


Then if their bait is both eaten by goldfish, who will benefit the most?


Yes, obviously line up, only with worms.


Likewise with the stigma of doing business in forex, some people say "to be successful in forex, you must have a large capital"


Try the way of thinking behind "the greater the capital issued, the greater the risk"


Many of them invest $1000 just to earn $10 per day. This is the same as capital of 100 thousand IDR only for fishing 1 goldfish. Disproportionate risk and reward.


So, if you're only looking for $10 per day, you don't have to risk $1000. It's enough for $10 as bait, so if the MC is not stressed later, people will only lose $10.


Thus,

fisherman

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