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Topic: Forex Trading is Profitable? - page 13. (Read 23523 times)

copper member
Activity: 322
Merit: 15
December 14, 2018, 01:38:23 PM
#23
Im copytrading with zulutrade, just as a diversifacation of my total assets. Up until now the earnings are quite ok.
legendary
Activity: 2388
Merit: 1003
December 14, 2018, 09:02:24 AM
#22
crytpotraders have some problems with Forex since bagholding "strategies" will get you killed very fast (will fail in cryptos in the end, too however).
Also position sizing is very important with the huge leverages you can get on some brokers. Many cryptotraders haven't even ever heard of it lol.

a I made a list of recomended Forex brokers for cryptousers here: https://bitcointalksearch.org/topic/trading-forex-with-bitcoin-depositwithdraw-716530
there are so many out there now, better stick with the better options
newbie
Activity: 55
Merit: 0
December 14, 2018, 07:24:06 AM
#21
forex trading is very good for day trading and swing trading , we can make lot of money if done properly
newbie
Activity: 2
Merit: 0
December 14, 2018, 06:07:20 AM
#20
More than 99%people losing their hard earned money in forex trading ,it is a professional game needs years of practice and experience.Forex trading is very risk and it's not a game of gambling , volatility also extremely high in certain times, due to its leverage functionality behaviour it makes extremely risky, even professionals also fall in holes sometimes,If you don't know what you are doing in those times in trading, it costs you more than life.Forex trading lossess can exceed your account balance also. Thank you!!!☺️
member
Activity: 338
Merit: 10
StartFi
December 14, 2018, 05:10:05 AM
#19
Forex is a huge market and you can make a lot of money from it. But if you do not have a lot of capital to invest in, you will not have anything there. Because the profit margin of winning is very small, so we need big capital to be profitable.
newbie
Activity: 1
Merit: 0
December 14, 2018, 05:04:37 AM
#18
It is risky for sure but is it profitable? Hard question. Some people do it for living every day and do it well. Some people already made respectable capital on Forex trading. But huge amount of people suffered loses. I guess it is because of lack of knowledge, they just want to trade but don't really explore it. First of all you better to explore assets you want to trade on as well as you can and right risk management strategy is so important! For example hedging (I recommend read it https://capital.com/hedging-definition). Just small part of traders know how to use it in right way. And they lose their money. But if you will use right strategy, analysis, risk management and avoid mental biases it will be profitable.
newbie
Activity: 16
Merit: 0
December 12, 2018, 10:59:04 PM
#17
i think forex trading is good. anyway it don't intense like this market
sr. member
Activity: 826
Merit: 252
December 12, 2018, 10:55:41 PM
#16
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 :

  • 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.



Profitable " YES " easy " NO ". Forex strategy/ pattern/ money management is similar with crypto but they have two direction option ( buy & sell in one pair ). We can say forex is better because already have government law and great product ( currency ) that we use daily. I see your post is like explanation about basic knowledge, this is good for people who want to start trading but I think you should also include your strategy ( with picture ) for us as learning lesson.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
December 12, 2018, 06:02:16 PM
#15
I heard forex really profitable, but for who already expert in that section. Like in crypto, some professionals can get profit in any kind of market situation. But personally i not like forex trading because my friend said that must learn it for long time before we can do trade in it with good skill.
sr. member
Activity: 2618
Merit: 439
December 12, 2018, 05:55:14 PM
#14
Obviously when the huge amount of money involved, someone is bound to make a lot of money in Forex. I was also in Forex trading before I joined Crypto's, but just like any other markets, you really need to understand the underlying concepts otherwise you're just playing and gambling on it. And it's a long journey as well because as a beginner, you will encountered a lot of bumps along the way, but it's how you get up and make yourself a better trader. There are a lot of strategies, so learn to execute them properly, have a good trading plan and learn from your past mistakes. And sooner or later you will make profits that you can't imagine.
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
December 12, 2018, 05:41:45 PM
#13
It's about as profitable as any type of trading out there if you execute it correctly. For the most part, any sort of trading can be profitable if you're experienced enough in it and you have the know-how to correctly trade; having basic trading knowledge is much more important than finding what type of trading you should conduct for maximum profits in my experience. I personally trade cryptocurrency more than I do anything else, as I've historically gotten better returns from trading crypto than anything else I've ever traded, but everyone's experience is different.
member
Activity: 112
Merit: 20
December 12, 2018, 05:06:46 PM
#12
forex trading is profitable if done correctly it will replace our jobs for sure
Not sure how trading forex is gonna replace jobs,except one is unemployed and wants to go full time into forex trading,i do not see anyone doing that though
Forex trading is different from cryptocurrency trading,but with almost the same amount of risks involved,talking about skills and experience,for sure they do count,but most times they could be floored,in trading at one point or the other I feel luck plays a whole/huge part in success
sr. member
Activity: 1624
Merit: 250
December 12, 2018, 03:41:31 PM
#11
The other side of Forex trading is a lot of scam accusations. I know that many people lost money in shady manipulations, at least in my country. That is why I have never involved in Forex trading and I prefere to stick to cryptocurrencies or to be precise to Bitcoin. Forex trading gives many promises but not so many profit, at least these are informations that I have.
You must own state for manipulation at Forex that has a daily volume of 4 trillion. There may be manipulation but at least hundreds of times less than cryptocurrency. And if it is about the brokers you call scam, this is the loser's own fault. At the moment there are many brokers in the world who have proven themselves, the LCG and Oanda are 2 of them.
legendary
Activity: 2030
Merit: 1028
December 12, 2018, 01:48:20 PM
#10
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 )
legendary
Activity: 3458
Merit: 1350
December 12, 2018, 11:09:42 AM
#9
Profitable or not is obviously depend on ourselves, as long as we are understanding how to trade effectively then we will have better chance to make profit. No matter it is forex trading or crypto trading, both works similar IMO. I myself prefer crypto trading than forex trading now although my trading experience started with forex. It is because I feel that I have better chance to make profit in crypto trading.
newbie
Activity: 56
Merit: 0
December 12, 2018, 10:35:21 AM
#8
forex trading is profitable if done correctly it will replace our jobs for sure
legendary
Activity: 2870
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
December 12, 2018, 08:45:09 AM
#7
Forex Trading is good when you know the base skills of trading. A lot of persons have made it through forex trading. I still prefer cryptocurrency trading to forex trading because cryptocurrency trading still have a lot of ground to cover in term of development of coins or tokens that will make you a millionnaire or billionnaire within a short time. There is great future in cryptocurrency despite the challenging of this year.Very soon those that take time to invest will laugh in no time.

The other side of Forex trading is a lot of scam accusations. I know that many people lost money in shady manipulations, at least in my country. That is why I have never involved in Forex trading and I prefere to stick to cryptocurrencies or to be precise to Bitcoin. Forex trading gives many promises but not so many profit, at least these are informations that I have.
newbie
Activity: 56
Merit: 0
December 12, 2018, 07:53:33 AM
#6
what i like in forex is volumes are very good and manipulation is very less

lot of brokers are having many non sense bonus and offers be careful while choosing forex brokers    
jr. member
Activity: 252
Merit: 1
December 12, 2018, 07:50:33 AM
#5
Forex Trading is good when you know the base skills of trading. A lot of persons have made it through forex trading. I still prefer cryptocurrency trading to forex trading because cryptocurrency trading still have a lot of ground to cover in term of development of coins or tokens that will make you a millionnaire or billionnaire within a short time. There is great future in cryptocurrency despite the challenging of this year.Very soon those that take time to invest will laugh in no time.
sr. member
Activity: 896
Merit: 253
December 12, 2018, 07:42:13 AM
#4
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 :

  • 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.

It is truly profitable to trade in Forex and a lot of people is making a living with that. They treat trading in Forex like a business and a lot of people already became rich with that.
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