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Topic: Forex Trading is Profitable? - page 12. (Read 23560 times)

sr. member
Activity: 1414
Merit: 254
December 16, 2018, 06:36:08 PM
#43
forex trading is very good for day trading and swing trading , we can make lot of money if done properly
profitable and not depends on the person who plays, because there are already so many people who lose money because the experience is still small and there are those who succeed in forex too. and it depends on how you play
That's right, It also depends on someone's fate. Not everyone will succeed like most people, sometimes it becomes a disaster for them because their money will run out if their predictions are always wrong at all times.
full member
Activity: 378
Merit: 100
December 16, 2018, 06:35:14 PM
#42
Although forex trading is more profitable as you say, but I am still not interested because it is more risky than cryptocurrency. For example, if you incorrectly analyze in forex trading you will lose all your balance (margin call), but if you incorrectly analyze in cryptocurrency trading you still have the opportunity to reduce losses by holding it or doing cut loss.
full member
Activity: 1316
Merit: 126
December 16, 2018, 06:29:08 PM
#41
Everything in doing online investment is risky as compared to local investment. Forex have a good existence and it sees amazing on it but nothing good compared into crypto investment as any members involve in here. A lot of people we're become millionaire just because of crypto and many live have change.
full member
Activity: 1750
Merit: 186
December 16, 2018, 04:37:12 PM
#40
Can anyone do this as long as they have a bank account?
hero member
Activity: 1372
Merit: 503
December 16, 2018, 02:14:41 PM
#39
Forex trading is good. In fact I once tried to do forex trading, before I got into cryptocurrency. I know a lot of people that are into forex trading and they have been able to make a lot of money and able to buy houses and live a good life by trading forex.

But that doesn’t mean there are not people who are losing, a lot of people are losing their money forex, thought majority of them are due to lack of skills and experience, and as a matter of fact some of them has labeled it as scam.

So you mean to say cryptocurrency will be like this in the future?  Cheesy When people lose money they will label it as scam but if not, they will be psyched to believe that it's not even red flags are obvious. I would love to try FOREX as the market capital is the biggest in the world. But all of my earnings will be overflowed in crypto  Grin
sr. member
Activity: 1120
Merit: 256
December 16, 2018, 08:15:43 AM
#38
forex trading is very good for day trading and swing trading , we can make lot of money if done properly
profitable and not depends on the person who plays, because there are already so many people who lose money because the experience is still small and there are those who succeed in forex too. and it depends on how you play
legendary
Activity: 1442
Merit: 1025
December 16, 2018, 03:20:27 AM
#37
Forex is at least a bit more less volatile unless some political major break happens. The difference between crypto trading and forex trading is quite known. When you are trading crypto you check out the signals and charts and indicators and all that jazz and in the end you are just at the hands of some whales.

Everything could look like price is dropping and some major player could buy and price will go up, or it could be just the reverse when everything looks like price is going up but than it will fall. That is exactly what happened in 6.5 thousand dollars, everyone believed price would go up because everything looked amazing but than we are at 3 thousand dollars because of a whale.

Forex doesn't have that, unless some president does something silly the prices are not that much volatile and you just look for good indicators and buy/sell accordingly and you are mostly right.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
December 15, 2018, 11:45:58 AM
#36
forex trading is very good for day trading and swing trading , we can make lot of money if done properly

Forex trading is risky at the same time. You can end up liquidated if you do not trade properly. On the other hand, even an inexperienced trader, can keep and hold his coins for a longer term in case he is in loss.  
hero member
Activity: 3052
Merit: 651
December 15, 2018, 09:35:07 AM
#35
Zero risk? Is that a joke?

Then let us all just do forex trading if that is the answer.
Crypto trading wont be here if that is all true.

I have just one question though.
Why post it in bitcointalk forum?
I mean why are you here if you really believe that forex trading is the answer for you to be ricch?
full member
Activity: 868
Merit: 104
December 15, 2018, 07:53:09 AM
#34
I am into Forex trading for last 9 years, infact forex took me into a deep debt, its the cryptocurrency market which helped me in recovering my losses but since the time crypto market in bloodshed there are again deep losses. Every financial market is having its own cons and pros, most of the crypto exchanges do not allow over margin trading so your equity cannot be wiped out in short time but forex exchanges provide over margin trading up to 1000 times and people do not control their emotions of taking high risk trades, it leads to account wipe out in few moments sometime.
Same is vice versa there is lot you can earn in forex trading if you know how to take trades and control emotions, if you are good in fundamental or tech analysis you can double your account in few days by taking small risk, there is high volume forex trading so you have good fluctuations of price most of the time. Forex brokers offers lot of trading tools inorder to analyze market, also you can trade demo account to test your trading skills.
legendary
Activity: 3094
Merit: 1127
December 15, 2018, 07:27:40 AM
#33
As long a market do have Buy and Sell then profitability would always be there. Im a long time Forex Trader but i temporarily switched to Crypto market for some years due to profitability matters.
We cant really deny that crypto can give out 1000x possible profits if your are somehow lucky with your investment which you cant able to achieve on forex for a short period of time but when it
comes to risk then they differ but both things are actually risky if you dont know on what your are doing.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
December 15, 2018, 07:25:40 AM
#32
forex trading is a world big platform for currency pair trading it is profitable but also risky if you want success in forex you need to learn and practice in demo account
All the trading platform is risk one, so we need some experience But If we start forex trading automatically it will improve skills so everything is our learning knowledge. I said Forex trading is less ricky platform compared to crypto investment, So I recommend to crypto because If we take more risk you will get more profit in trading.
member
Activity: 137
Merit: 16
Educator | Trader | YouTuber
December 15, 2018, 06:21:24 AM
#31
I use a lot of forex based trading methods to trade Crypto, just got to make sure you use good risk management with the crazy movements we can get.
legendary
Activity: 2413
Merit: 1003
December 15, 2018, 06:19:41 AM
#30
forex trading is a world big platform for currency pair trading it is profitable but also risky if you want success in forex you need to learn and practice in demo account
or prove you can make profit on a small account. Trading on a demo account is different in psychology than trading with real money in my experience, even if it is only a small amount of money.


best is to take steps.
start on demo account (better stay there for a couple of WEEKS),
then go 0.01 lot until you make constant gains,
than you can make the positions bigger (in small steps)
copper member
Activity: 322
Merit: 15
December 15, 2018, 05:50:52 AM
#29
forex trading is a world big platform for currency pair trading it is profitable but also risky if you want success in forex you need to learn and practice in demo account
or prove you can make profit on a small account. Trading on a demo account is different in psychology than trading with real money in my experience, even if it is only a small amount of money.
member
Activity: 231
Merit: 10
December 15, 2018, 12:18:57 AM
#28
forex trading is a world big platform for currency pair trading it is profitable but also risky if you want success in forex you need to learn and practice in demo account
sr. member
Activity: 1274
Merit: 263
December 14, 2018, 06:57:36 PM
#27
I have friend earn a lot of money in forex trading. And maybe someday I will watch a video to learn more how to earn because for me I think it is not easy base of what I see but it depends to person of what strategy they use.
hero member
Activity: 1274
Merit: 516
December 14, 2018, 06:11:05 PM
#26
It is profitable if you know how to trade properly, there are numerous of people make a living by becoming a traders so every trading could be profitable, forex is one of the trading that got high risk, the price movement factors is almost the same with stock market, but the price movement is a bit faster than stock, if you already familiar with stock then you won't have too much difficulty to do forex trading
full member
Activity: 827
Merit: 100
December 14, 2018, 01:12:54 PM
#25
forex trading can make profit or not it depends on the person who does it, many people and traders benefit and also many people don't get profit because they can't work well in trading. become profit or not seen from skills and abilities
newbie
Activity: 56
Merit: 0
December 14, 2018, 01:02:52 PM
#24
The real problems can begin to develop when communication between a trader and their broker begins to break down.
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