To use chat, please login.
Back to contacts

The beauty of forex trading

Dec 06, 2020 at 13:32
1,456 Views
45 Replies
Member Since Jul 19, 2020   298 posts
Dec 06, 2020 at 13:32
The beauty of forex trading is you can do it from anywhere. You are your own boss. If you know how to do it, it gives you freedom of time and money. The ugliness is it's the most risky business in the world. You can lose some money even before you understand what trading is. It's not easy as you have heard. You have to be skilled by dedicating yourself to learning and practicing.
Member Since Jul 20, 2020   298 posts
Dec 06, 2020 at 22:51
Forex trading is very popular with me. Forex can gain a lot of profit if the experience is possible. Because it is impossible to survive in trade without trading experience.
Member Since Nov 11, 2020   31 posts
Dec 15, 2020 at 11:22
Yes, it is also very convenient since anyone can trade anytime and from anywhere in the world. The forex market is open 24 hours a day so that’s a perk.
Member Since Jul 23, 2020   759 posts
Dec 16, 2020 at 17:44
Trade as a side business or part time job. Even student can trade in forex market.
Member Since Nov 18, 2020   23 posts
Jan 07, 2021 at 08:58
Yeah. It is easy to trade and the market is open 24 hours, so anyone can trade from anywhere in the world. It is very convenient.
Member Since Jun 22, 2020   77 posts
Jan 07, 2021 at 12:18
Alisson332 posted:
Yeah. It is easy to trade and the market is open 24 hours, so anyone can trade from anywhere in the world. It is very convenient.
But the problem is not everyone can make a good profit in return if they are not very well versed in trading. They are literally asking for trouble with opening an account with zero experience.
Member Since Jan 11, 2019   147 posts
Jan 07, 2021 at 13:59
Yes, trading can be done from anywhere but earning profits is not possible in every scenario

Member Since Jan 21, 2021   48 posts
Feb 08, 2021 at 11:25
Beauty of forex is you are your own boss and you can do it from anywhere. But this is not so easy, forex trading demands knowledge, experience, consistency and patience.
Member Since Jul 19, 2020   751 posts
Mar 10, 2021 at 13:07
If you are a day trader it's not possible to make pips everyday. In some days you won't get any trades. You have to sit on sideline bench. If you want to keep a goals make it 3 months 6 months or yearly goals.
Member Since Dec 17, 2020   20 posts
Mar 12, 2021 at 11:05
That is right. You can actually trade anytime you want from anywhere in the world.
Member Since Jan 11, 2019   147 posts
Mar 12, 2021 at 11:24
yes the access from everywhere is the best part. one can earn money (also loose😁) while sitting at home.
Member Since Aug 09, 2017   785 posts
Mar 13, 2021 at 06:44
Only good trading knowledge cannot brings profit regularly. Besides trading knowledge you have to focus on money and risk management which is the key to success in Forex trading.
Member Since Jul 20, 2020   399 posts
Mar 13, 2021 at 17:19
Michihito posted:
The beauty of forex trading is you can do it from anywhere. You are your own boss. If you know how to do it, it gives you freedom of time and money. The ugliness is it's the most risky business in the world. You can lose some money even before you understand what trading is. It's not easy as you have heard. You have to be skilled by dedicating yourself to learning and practicing.

Yes some day soon ill be sitting in the sun trading :) Im from Ireland the sun doesnt come here often lol
Member Since Feb 23, 2021   330 posts
Mar 13, 2021 at 18:20
It is very important to choose a good broker first to do proper trading. After choosing a broker, you have to practice a demo under that broker. After long 6 months of demo trading, you have to join real trading. You have to learn trading online or from a good mentor. You have to analyze the strategy with patience and move forward in trading.
Member Since Nov 17, 2020   23 posts
Mar 23, 2021 at 04:15
Tremblay posted:
It is very important to choose a good broker first to do proper trading. After choosing a broker, you have to practice a demo under that broker. After long 6 months of demo trading, you have to join real trading. You have to learn trading online or from a good mentor. You have to analyze the strategy with patience and move forward in trading.
Don’t you think there’s no fixed time for how much time one takes to learn? It’s not mandatory that one has to spend 6 months demo trading. One can shift to live markets whenever you feel confident enough.
Sar John (Sarjohn)
Member Since Dec 28, 2020   187 posts
Mar 23, 2021 at 08:47
Yes obviously it is easy to trade, you are not restricted to a place or within a time period still trading is not that easy which we initially think. To become an experienced trader you need to learn a lot of things and you have to on a regular basis.
Member Since Nov 10, 2020   24 posts
Mar 24, 2021 at 09:42
deborahbennett posted:
Tremblay posted:
It is very important to choose a good broker first to do proper trading. After choosing a broker, you have to practice a demo under that broker. After long 6 months of demo trading, you have to join real trading. You have to learn trading online or from a good mentor. You have to analyze the strategy with patience and move forward in trading.
Don’t you think there’s no fixed time for how much time one takes to learn? It’s not mandatory that one has to spend 6 months demo trading. One can shift to live markets whenever you feel confident enough.
True. I just demo traded for 2 months. Learned enough and now I am earning good.
Member Since Nov 17, 2020   23 posts
Mar 25, 2021 at 04:31 (edited Mar 25, 2021 at 04:38)
George my man, I think automated tools should also be provided by it.
Member Since Mar 17, 2021   536 posts
Jul 06, 2021 at 12:15
Tremblay posted:
It is very important to choose a good broker first to do proper trading. After choosing a broker, you have to practice a demo under that broker. After long 6 months of demo trading, you have to join real trading. You have to learn trading online or from a good mentor. You have to analyze the strategy with patience and move forward in trading.
Yes, a broker is the most important element in this market.
Member Since Mar 19, 2021   9 posts
Oct 06, 2021 at 20:28
I believe that the main beauty of forex trading is that it never ends actually. There is no border at all. You can earn here as much as you can, nobody prohibits you to stay in this activity during the whole life, the matter is a proper money and risk managements. In my opinion, it's the main convenience of forex trading as well as any other kinds of tradding activity. Of course some people sometimes burn out from trading, because it sometimes can be mentally tough to handle the burden, nevertheless in these times market determines who is suitable and who deserves to stay on it further, and who isn't deserved.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.