Forex Trading | Bitcointalksearch.org

BlueStackz

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Quote from: rumexx on September 19, 2018, 12:35:01 PM

Forex trading is risky and a lot of money are being lost and also a lot money are made. You need to learn how to trade and you must have a mentor who will be there for you after your learning. Both Altcoin trading and Forex trading are same except for forex you trade on fiat while for altcoins you trade on coins or tokens. Both need the trader to be experienced to make a living out of the art of trading.

Bro, there is certainly no form of trading that is not risky. The essence of gaining huge level of knowledge and experience before you start trading properly is so that you can be able to manage those risks and minimize them. Just like any other market, as long as you are not knowledgeable enough, you are doom to fail anyway.

I would not say both altcoin and Forex are the same, they are in par, and it depends on the Forex pair you are trading, that the volatility can be compared to that of altcoins, but all in all, be it Forex, crypto or stocks, if you have no knowledge, the same fate awaits you.

sana54210

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Quote from: jcojci on September 20, 2018, 04:18:12 AM

it's too difficult to start forex even if we have a demo account trading because we need to learn the forex lesson and I don't think that we can understand in a short time. but for some people that can learn in the short time, then I think they can be familiar with the forex market, and they can start to trade. but for me, I don't understand with forex, and it's too complicated for me, and I am not too smart to follow the tutorial.

If you have the zeal to learn, understanding how to trade Forex should never be a problem, the only major problem as far as I am concerned is that people are always too lazy to learn and because of that they just keep coming up with some market is risky statement when obviously they should know the same market they are considering very risky, is the same market some are really making a lot from.

Forex can be as complicated as trading cryptocurrency or stocks, the only way you can make the best out of any of it, is to be fully equipped with knowledge.

Itcher

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I probably will not open for you something new, but such statistics are inherent in any kind of business

ethereumhunter

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Quote from: rumexx on September 19, 2018, 12:35:01 PM

Forex trading is risky and a lot of money are being lost and also a lot money are made. You need to learn how to trade and you must have a mentor who will be there for you after your learning. Both Altcoin trading and Forex trading are same except for forex you trade on fiat while for altcoins you trade on coins or tokens. Both need the trader to be experienced to make a living out of the art of trading.

But for the less risk, I think altcoin trading is the one he can do because to analyze the price is not too complex than the forex trading. Besides that, if he can do analyze in the crypto, he can choose any of the valuable coins that can help him to make a profit. And in forex trading, he still needs to deposit big money to start, and I think he needs at least $100 to start. But after that, there is no guarantee for him to make a profit in the forex trading and crypto trading.

jostorres

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Quote from: gayan777 on September 17, 2018, 10:07:22 PM

If you are new forex trading you can start demo trading. Demo trading and real trading both are same but difference is demo money is not real money. If you start demo trading and can earn money then you can start real trading. So must be 1st learn about forex then start demo trading

Forex, or any form of trading, this is certainly something I will always recommend. Certainly, the first thing is just to learn all the necessary basics and see how you can utilize those basics in formulating a strategy for your trade. Without the knowledge, you will certainly just be wasting your time anyway.

One thing I have known over the years is that, few months of doing it right and getting it right is far better than few years of wasted effort making the same mistakes over and over again.

jcojci

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it's too difficult to start forex even if we have a demo account trading because we need to learn the forex lesson and I don't think that we can understand in a short time. but for some people that can learn in the short time, then I think they can be familiar with the forex market, and they can start to trade. but for me, I don't understand with forex, and it's too complicated for me, and I am not too smart to follow the tutorial.

deisik

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Quote from: wuvdoll on September 19, 2018, 11:42:20 AM

Quote from: apityeh71 on September 18, 2018, 03:23:43 AM

The different between forex trading with crypto trading is in crypto we can make profit just buy hold it for long term, as long we not use margin its possible to get big profit in the long term, but in forex trading actually has low volatility and not possible to make huge profit in the long term. Forex trading will be more risk than crypto trading because level of leverage is high. We can see the price action of forex just going up and down about 0.02 - 0.1% a day, but in crypto the price can be going up to 100% a day or 1000% a month.

Well, that is one, but do not forget that you can also do leverage trading on some platforms for crypto as well. Nevertheless, cryptocurrency gives room for normal type of investment compared to the whole of Forex, where the leverage trading is paramount. There is no trading however that is not risky since there will always be fluctuations and you will require knowledge to do it right.

The differences here is just that with leverage trading, you can completely get liquidated and lose everything where as in normal trading, you can be patient and hold as long as you are not selling for loss.

In short, I agree with you. But I have to add that what people call here Forex is not true Forex. If you have direct access to this market, which you don't as only financial institutions (banks, investment management firms, etc) and big guns of George Soros caliber have it, you can buy and keep foreign currency in the same way as crypto. What people discuss here are dealing centers which are not much different from online casinos and betting sites which have house edge, meaning you are set to lose in the end. Some brokers (for example, big international banks) can offer "forex trading", but most of these trades never leave the broker's internal system. If you want to buy a certain amount of foreign currency, you would be better off by doing that via exchanges which offer spot trades (as opposed to currency futures and options)

And this will be real currency which you can withdraw to your bank account

rumexx

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Forex trading is risky and a lot of money are being lost and also a lot money are made. You need to learn how to trade and you must have a mentor who will be there for you after your learning. Both Altcoin trading and Forex trading are same except for forex you trade on fiat while for altcoins you trade on coins or tokens. Both need the trader to be experienced to make a living out of the art of trading.

wuvdoll

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Quote from: apityeh71 on September 18, 2018, 03:23:43 AM

The different between forex trading with crypto trading is in crypto we can make profit just buy hold it for long term, as long we not use margin its possible to get big profit in the long term, but in forex trading actually has low volatility and not possible to make huge profit in the long term. Forex trading will be more risk than crypto trading because level of leverage is high. We can see the price action of forex just going up and down about 0.02 - 0.1% a day, but in crypto the price can be going up to 100% a day or 1000% a month.

Well, that is one, but do not forget that you can also do leverage trading on some platforms for crypto as well. Nevertheless, cryptocurrency gives room for normal type of investment compared to the whole of Forex, where the leverage trading is paramount. There is no trading however that is not risky since there will always be fluctuations and you will require knowledge to do it right.

The differences here is just that with leverage trading, you can completely get liquidated and lose everything where as in normal trading, you can be patient and hold as long as you are not selling for loss.

apityeh71

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The different between forex trading with crypto trading is in crypto we can make profit just buy hold it for long term, as long we not use margin its possible to get big profit in the long term, but in forex trading actually has low volatility and not possible to make huge profit in the long term. Forex trading will be more risk than crypto trading because level of leverage is high. We can see the price action of forex just going up and down about 0.02 - 0.1% a day, but in crypto the price can be going up to 100% a day or 1000% a month.

gayan777

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If you are new forex trading you can start demo trading. Demo trading and real trading both are same but difference is demo money is not real money. If you start demo trading and can earn money then you can start real trading. So must be 1st learn about forex then start demo trading

Wong owah

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Forex Trading market is the same as the market at INDODAX, the way to trade in the forex market is very easy, the price reduction in the forex market is not too low.

gayan777

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Currency Trade, Forex Trade, FX Trade – these are all terms used to describe the exchanging of one currency for another; for example, the exchanging of U.S. Dollars to British Pounds. In the foreign exchange market, this is viewed as buying pounds while simultaneously selling dollars*. Because two currencies are always involved, currencies are traded in the form of currency pairs, with the pricing based on the exchange rate offered by dealers in forex trading market.

Justinalex

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Do you want to make a profit in forex, you have to treat it like everyday activities, I just choose a broker that can be trusted, FXopen offers Bitcoin, Litecoin, Ethereum, and against EUR and USD or AUD and USD, because of the risk of losing money to trade Bigger, and
The numbers of losing money cannot be proven but may be true. thank you

fasdorcas

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Quote from: juperos on September 07, 2018, 03:24:35 AM

Quote from: CODE200 on November 02, 2016, 09:39:39 AM

I just read some article about Forex trading. I read that 90% of traders in Forex Fail or lose their money and 10% are succeed and make a large profit.

I am just wondering if the Forex is better that C-cex because as far as I know Forex is using Real amount rather a Real money and at C-cex is altcoins. So do you think trying the luck in Forex can make a profit or just stay at bitcoin trading? Luck and strategy is needed but what do you think is safer C-cex or Forex?

C-cex and Forex are same in some aspect so what? Cryptocurrency or real money?

I think investing in electronic money is easier than investing in Forex. It is a market that needs a broad knowledge of politics and economics. If we do not master it, we will die as soon as we start investing.

You do not invest in Forex per se, you actually tend to trade the fluctuations most of the time, sure, your act of trading may be considered as an investment or possibly an activity for you to make profit, but it is just that.

The same principle of trading Forex, applies to the same principle when it comes to trading cryptocurrency and the only difference here is that cryptocurrency market is not a regulated market and it is still new, but whether you like it or not, the potentials are enormous.

capoeira

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Quote from: upsidedown75 on September 11, 2018, 08:52:51 AM

The only difference here is just the type of market and the fact that Forex is a regulated market whereas cryptocurrency market is a decentralized market which brings about the volatility.

actualy the forex market is not regulated. this is not a stock market. forex is a network of banks and brokers. it's actualy as if you would join all crypto exchanges into a network to create a shared orderbook

alizalela7

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Have you ever traded with forex? It's a Forex trading platform. The original purpose of Forex - just currency trading, but over time people have learned how to make money on the difference of exchange rates . The source of income for many people

upsidedown75

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Quote from: XIANNE25 on September 07, 2018, 12:26:53 AM

Forex trading and cryptocurrency trading are both the same, too risky and need learning.C-cex is a crypto currency exchange.. For me I am confident more on crypto trading than forex trading and I know many legit exchanges. u can check them in coinmarketcap.

Trading is generally the same. The things you look out for in Forex to make a trade, is virtually the same thing you will still have to look out for in cryptocurrency or stock market to make a trade. The only difference here is just the type of market and the fact that Forex is a regulated market whereas cryptocurrency market is a decentralized market which brings about the volatility.

Nevertheless, volatility is a common thing across board when it comes to trading, and so many currency pairs even in Forex are quite volatile than the others, which can actually be as volatile as the crypto space.

ChaChaiTL

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Foreign exchange market is decentralized There are many different players in the foreign exchange market. Some traders make a profit, others trade to hedge their risk.

Ranly123

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Quote from: metribitcoin on September 10, 2018, 03:45:15 AM

The level risk of Forex trading actually depend on the level of leverage, if we use low leverage the risk and the potential profit also smaller, and in forex trading promising smaller profit than crypto because the volatility is low. In Spot trading of forex that without margin has very small volatility so there are actually small risk and small return. The risk of trading forex will be higher because use high leverage and margin.

I would agree with you, volatility in forex trading is low that's why earning is actually potential. But in forex trading you only have a lower profit than crypto trading. The only difference between the two is that in cryptocurrency, the higher the risk then you will have a higher gain.

Topic: Forex Trading (Read 4383 times)