The reality of forex is winning or losing, nobody can dispute that.
The general winning trick about online CFD trading is in the right timing of when to open and close trades by ensuring that your trades operate within the margin of safety with the minimized risk, but expecting a big gain.
There are times when the traders can be certain about the market trends and that would be the right time to open trades investing in the CFD instruments with well determined market movement in favour of the trades involved.
But there also exist the times when that market trends are so uncertain and anyone expects the market to move in any direction without warning, meaning that it would result in a loss or a gain depending on the trades opened by the trader.
For example, assuming one has opened the sell positions on a certain instrument, he would have
the winning trades if the currency pair involved loses value and there happens the downward movement of several pips.
The opposite would happen if the currency pair one is holding open gains in value and there occurs the upward movement in the currency exchange rate, whereby unless the trader acts quick to cut the losses, the movement would hit the stop loss and the trader will lose all the investment involved.
On etoro, the largest online trading platform where most of the traders trade by copying the successful traders whose trading strategy can be relied on based on the past performance of the trader as it can all be seen on the trader’s OpenBook.
It is very hard to place the full reliance on any good trader, since there are very few traders who can consistently close the trades in winning positions for long without getting caught up in the storm when the market trends act against the trades opened and force the trader to either close the positions in loss.
So it is better for some traders who are wise enough to avoid trading in uncertain times rather than open trade positions and end up losing everything to the market.