Topic: Forex Trading is Profitable? - page 10. (Read 23523 times)
In forex trading the risks Involved here in this situation is lot more higher than any type of trading that's why it will play an important role in trading journey and making some good changes in the crypto field so I definitely believe that it will be a good way to get money for our future
I also had a huge craze in the forex trading from a long period of time because the risk involved in this trading will also be the plus point for lots of traders to get involved in this field I had a huge expectation from Forex trading to make money.
Long story short all this discussion comes down to the same thing. It depends on the market and luck and the trader. Sometimes even a bad trader can get lucky and make money on a bad market, sometimes even a good trader could lose money on a good market.
Sometimes everyone makes money and everyone loses money, there is absolutely no guide to becoming rich, if there was a way forex or any other thing in the whole world that would make you rich by doing it properly then everyone would work on doing that, since those things are hard to master and almost impossible to reach to the wealthy level its always a toss up.
My friends' uncle was into forex and dude made insane amount of money from it, hell he had a supplement shop and sold it because he made so much money that he could afford to retire (he was already a bit late 50's) dude lost everything he had on forex after a year of selling his shop. Anything could happen in forex, you could make millions and lose millions, there is no definite answer.
Luck is one of the factors for you on getting rich into these kind of markets and as you said even a bad trader can luckily make huge sums of money and the good ones would lose bigtime.Sometimes everyone makes money and everyone loses money, there is absolutely no guide to becoming rich, if there was a way forex or any other thing in the whole world that would make you rich by doing it properly then everyone would work on doing that, since those things are hard to master and almost impossible to reach to the wealthy level its always a toss up.
My friends' uncle was into forex and dude made insane amount of money from it, hell he had a supplement shop and sold it because he made so much money that he could afford to retire (he was already a bit late 50's) dude lost everything he had on forex after a year of selling his shop. Anything could happen in forex, you could make millions and lose millions, there is no definite answer.
The risk of these markets are just the same forex and crypto and as long it do involves buy and sell it can always give out the chance on making profits.You do execute orders which can
give out potential profits or loss depending on where the market would move.
Based on my experience, forex trading always gives profit, but it may need time and lots of processes for it. because a lot of traders in forex suffer losses and this can be one of the things that must be improved.
- Every job can be profitable as long as we have enough knowledge and competence in that area, trading forex is similar, it can always be profitable, even a lot of profit but as you said, many traders have lost in this area, this tells us that trading forex is not an easy job, the risks and dangers are very high, it requires traders to have a lot of experience and acumen in each situation. The process of building and succeeding with forex trading is very difficult, so we should think before joining, crypto trading seems to be a safer option.got coming from this business, those who failed to earned are traders who treat this venue as a quick access to gained money but lack of
skills that needed inside, everything will be based from your capability it will depend from how good you can analyze and make a proper call.
Forex Trading:
Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly.
Forex trading startup Benefits :
There is no risk in forex trading?
It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master.
How do you start forex trading?
You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading.
You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up.
There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk.
To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting.
Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly.
Forex trading startup Benefits :
- The forex market is trading up to 4 trillion dollars per day. You can always give your trade buy, sell and close in seconds.
- You can spend 24 hours a day, from Monday to Friday. When the Sydney Market opens, then the Westman closes in the market. When Sydney closed the market, then the Westran Market opened.
- As long as you have internet, you will be able to trade at any time during the working time.
- Many Forex Tradesing Institution (Forex Broker), one can easily open an account.
- You can start trading even with the lowest $ 50 dollar invoice.
- Many Forex Broker Trading offers a commission of 0.
There is no risk in forex trading?
It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master.
How do you start forex trading?
You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading.
You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up.
There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk.
To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting.
Before I got here in crypto currency, I heard Forex trading already, but I had no idea about it. Until I discovered crytpo currency were I can able to do an actual trade in the market. Until time goes by I found out that forex trading is much more risky than crypto trading in my assessment of this matter.
most "traders" here only know "all in trading". lol
than they try out Forex on one of those 500x brokers and make 10 lots+ "trades"
Forex is undoubtedly a high-risk market.
As the risk is high, so is the potential for Forex profit. The most important question you should ask yourself is whether you have the appetite for risk. Not all trades will result in a profit and you must be prepared for losses. Are you ready to keep going, even after a string of losses? Even the most successful traders make losses from time to time, so, if you don't think you can handle it, Forex probably isn't for you. If you do decide to trade Forex, you should consider using risk management in your strategy. This helps to minimise the risks associated with trading.
As the risk is high, so is the potential for Forex profit. The most important question you should ask yourself is whether you have the appetite for risk. Not all trades will result in a profit and you must be prepared for losses. Are you ready to keep going, even after a string of losses? Even the most successful traders make losses from time to time, so, if you don't think you can handle it, Forex probably isn't for you. If you do decide to trade Forex, you should consider using risk management in your strategy. This helps to minimise the risks associated with trading.
Forex Trading:
Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly.
Forex trading startup Benefits :
There is no risk in forex trading?
It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master.
How do you start forex trading?
You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading.
You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up.
There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk.
To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting.
Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly.
Forex trading startup Benefits :
- The forex market is trading up to 4 trillion dollars per day. You can always give your trade buy, sell and close in seconds.
- You can spend 24 hours a day, from Monday to Friday. When the Sydney Market opens, then the Westman closes in the market. When Sydney closed the market, then the Westran Market opened.
- As long as you have internet, you will be able to trade at any time during the working time.
- Many Forex Tradesing Institution (Forex Broker), one can easily open an account.
- You can start trading even with the lowest $ 50 dollar invoice.
- Many Forex Broker Trading offers a commission of 0.
There is no risk in forex trading?
It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master.
How do you start forex trading?
You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading.
You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up.
There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk.
To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting.
Before I got here in crypto currency, I heard Forex trading already, but I had no idea about it. Until I discovered crytpo currency were I can able to do an actual trade in the market. Until time goes by I found out that forex trading is much more risky than crypto trading in my assessment of this matter.
Long story short all this discussion comes down to the same thing. It depends on the market and luck and the trader. Sometimes even a bad trader can get lucky and make money on a bad market, sometimes even a good trader could lose money on a good market.
Sometimes everyone makes money and everyone loses money, there is absolutely no guide to becoming rich, if there was a way forex or any other thing in the whole world that would make you rich by doing it properly then everyone would work on doing that, since those things are hard to master and almost impossible to reach to the wealthy level its always a toss up.
My friends' uncle was into forex and dude made insane amount of money from it, hell he had a supplement shop and sold it because he made so much money that he could afford to retire (he was already a bit late 50's) dude lost everything he had on forex after a year of selling his shop. Anything could happen in forex, you could make millions and lose millions, there is no definite answer.
Sometimes everyone makes money and everyone loses money, there is absolutely no guide to becoming rich, if there was a way forex or any other thing in the whole world that would make you rich by doing it properly then everyone would work on doing that, since those things are hard to master and almost impossible to reach to the wealthy level its always a toss up.
My friends' uncle was into forex and dude made insane amount of money from it, hell he had a supplement shop and sold it because he made so much money that he could afford to retire (he was already a bit late 50's) dude lost everything he had on forex after a year of selling his shop. Anything could happen in forex, you could make millions and lose millions, there is no definite answer.
Based on my experience, forex trading always gives profit, but it may need time and lots of processes for it. because a lot of traders in forex suffer losses and this can be one of the things that must be improved.
- Every job can be profitable as long as we have enough knowledge and competence in that area, trading forex is similar, it can always be profitable, even a lot of profit but as you said, many traders have lost in this area, this tells us that trading forex is not an easy job, the risks and dangers are very high, it requires traders to have a lot of experience and acumen in each situation. The process of building and succeeding with forex trading is very difficult, so we should think before joining, crypto trading seems to be a safer option.Currently I'm join copy trade that partner with James Harrison as my trader partner.
He's expert on Forex trading for XAUUSD ( gold-USD ) as you can see his portofolio on https://www.myfxbook.com/members/MIA491/james-harrison/2411336
You can see that he can made 10%-15% / month , of course I'm sharing 60:40 profit that I obtain from his trading ( 60 is my part )
this looks interesting! Especially to spread and have other assets than cryptos. I do try to trade myself on the forex market and i use copy trading on zulutrade.He's expert on Forex trading for XAUUSD ( gold-USD ) as you can see his portofolio on https://www.myfxbook.com/members/MIA491/james-harrison/2411336
You can see that he can made 10%-15% / month , of course I'm sharing 60:40 profit that I obtain from his trading ( 60 is my part )
Do you have more information you can share on this, like minimum capital needed, is it possible to follow with microlots etc?
Based on my experience, forex trading always gives profit, but it may need time and lots of processes for it. because a lot of traders in forex suffer losses and this can be one of the things that must be improved.
Every thing will be profitable when faced by people who match the job. Similarly, when someone does forex trading, the person also gets a chance to succeed or even suffer losses. But when compared to crypto trading, I will choose crypto trading, this is because crypto trading is a way that is so easy to trade. With a variety of facilities that are easily accessible and the vairation of the number of coins makes crypto an interesting thing at this time. I've seen data that the percentage of crypto trading makes people more successful than forex trading.
Forex trading is not profitable because of leverage and margin, so if you beginner trader is better avoid it and spend.more times to trade on the spot market, like stocks and crypto. All forex trading platform is offer product of CFDs ( Contract For Differents) that has high risk. We should be understanding first how CFds trading work and the level of risk by try in demo account before we put money in real account.
Forex is like from other exchange but now we can't say those traders in forex if they earn until now the market is not in a good situations and same to other good exchanges.
Forex trading is definitely profitable, but you have to learn technical analysis to be successful in that. As only relying on luck wouldn't help you in Forex trading.
profitable if we know how to trade forex.but if we dont know how to analize market movement it would be difficult for us to earn profit.so we have to trying using virtual account first.
Forex trading is very risky trading because use leverage and margin, but we are still possible to earn profit from it. We have to learn and try it first in demo account until we make profit consistently. I think we have to try in demo account in a few month to test all different strategy and risk management. If we already make profit consistent in 4 or 5 month in demo account we can use the same strategy in real account.
Forex trading is definitely profitable, but you have to be patient and learn technical analysis only then you can be successful in that. As only relying on luck wouldn't help you in Forex trading.
Forex Trading:
Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly.
Forex trading startup Benefits :
There is no risk in forex trading?
It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master.
How do you start forex trading?
You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading.
You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up.
There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk.
To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting.
Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly.
Forex trading startup Benefits :
- The forex market is trading up to 4 trillion dollars per day. You can always give your trade buy, sell and close in seconds.
- You can spend 24 hours a day, from Monday to Friday. When the Sydney Market opens, then the Westman closes in the market. When Sydney closed the market, then the Westran Market opened.
- As long as you have internet, you will be able to trade at any time during the working time.
- Many Forex Tradesing Institution (Forex Broker), one can easily open an account.
- You can start trading even with the lowest $ 50 dollar invoice.
- Many Forex Broker Trading offers a commission of 0.
There is no risk in forex trading?
It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master.
How do you start forex trading?
You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading.
You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up.
There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk.
To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting.
Before I got here in crypto currency, I heard Forex trading already, but I had no idea about it. Until I discovered crytpo currency were I can able to do an actual trade in the market. Until time goes by I found out that forex trading is much more risky than crypto trading in my assessment of this matter.
there are already so many people who have suffered massive losses in Forex trading that I have seen so far
as there are in crypto lol
Like on every other market, someone is making money others are losing, on which side you will end up depends on your today's trades. I don't like to think about that, I know that risk of losing money is always present, so I'm trying to free my mind from those thoughts when I plan to buy or sell. My advice for people is to concentrate on what and when they are buying same as when and what they are selling, don't care about anything else.
there are already so many people who have suffered massive losses in Forex trading that I have seen so far
as there are in crypto lol
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