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Forex game is not business

SteveHanks
Apr 27 2021 at 20:38
536 posts
SofieAndreasen posted:
Don’t treat it as a hobby or game. It is serious business. You may lose everything if you are careful enough.

Yes. Every trader should be very careful with their trading career.

first_time
Apr 28 2021 at 12:10
73 posts
Let's make it simple - Forex is not a game or something that you can gamble away.

Imamul
May 02 2021 at 09:31
679 posts
Forex is a long time approach , just you have to make sure great level of patience. also need a discipline

Elena Triston (ele020)
May 03 2021 at 04:39
219 posts
first_time posted:
Let's make it simple - Forex is not a game or something that you can gamble away.

I like the simplicity of this statement.. its 100% true, forex is technique and art both that a traders needs to understand and practice both.... Alone understanding wont help neither practicing aimlessly.

The more your practice, the more you learn.
Tradelist45
May 03 2021 at 08:26
220 posts
its a professional business right now in the present world , you can take this platform as scam or a good business , both of your own choice , thank you

Imamul
May 03 2021 at 09:24
679 posts
Forex is amazing , its all we know , it can be amazing in your life if you can acquire good knowledge and experience with a reliable support from a credible trading broker , thats all.

Davidfx89
May 03 2021 at 10:26
122 posts
as a newcomer i an consider Forex like an Ocean actually its a huge market place and to be experienced about Forex is a long time approach , so we lost interest after passing sometimes.

Mohammadi
May 06 2021 at 08:57
886 posts
You can earn money from Forex trading if you can acquire most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a profitable trading life without having a reliable support form a credible trading platform, because the broker can affects the result of our trading with certainly.

Adribaasmet
May 06 2021 at 10:56
994 posts
Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.

AliaDare
May 06 2021 at 16:45
788 posts
UweMoench posted:
Trading is not an easy job. The most important thing to develop is your psychology, if you cannot keep cool when your position is loosing money and make decisions based on facts rather than emotions you don't stand a chance.

Yes, every trader must maintain psychology. I never want to get out of a trading mindset and enter a trade.

Suradi (FXOday)
May 06 2021 at 23:45
281 posts
Yes forex is a real business, but this can do at home, in a pandemic situation in the world, where there are so many people who fear to move out on the crowd, forex trading is one business that not affected by this condition because we can work from home, sitting in front of the laptop and have more time for family, in addition, is already making money through forex business, will become happy family because has more time for the kids, I alone treat forex as the main business now because enforced by condition.

williamhayes
May 14 2021 at 11:31
39 posts
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

Cruz45
May 14 2021 at 11:54
31 posts
williamhayes posted:
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading with FXTM, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

It is quite interesting to see that forex is being compared to business, but I think just like business, there is always risk involved while spending money on capital or budget that you wish to prepare. But yes, gambling is a complete pure luck while Forex depends on your skill and hard work

lovefortrading (perryjohn765)
May 14 2021 at 15:40
238 posts
it can never be a full time business. with trading we always need a back up

Dictiony
May 15 2021 at 02:07
231 posts
Trading is not an easy job and it needs a lot of hard work and motivation. Most of the traders fail in forex because they have no plan and money management.

Tremblay
May 15 2021 at 09:16
330 posts
Without a proper plan, no trader can survive in this risky market.

SteveHanks
May 17 2021 at 17:24
536 posts
williamhayes posted:
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

Forex is a profitable business. If you have proper knowledge, you can make money easily.

Elena Triston (ele020)
May 20 2021 at 08:51
219 posts
Indeed forex trading is profitable but if you think you can quit your job and invest your life time saving in forex and start a new carer then let me enlighten a couple of things

1. Never invest in trading without a good amount of experience and knowledge
2. Never depend upon trading to pay your bills and other basic necessities.
3. Forex can increase you income but cannot be an only source of income
4. You need years of experience, skills and trading knowledge to become a pro trader who can depend upon trading for his life and family.

The more your practice, the more you learn.
Dailiesette
Jun 11 2021 at 05:07
6 posts
The best thing about forex trading is that you can do it from anywhere in the world using your phone or computer, and it is also very easy to get access to the market.

UweMoench
Jun 20 2021 at 12:05
751 posts
Making profit from the market is not a simple task. You have to take in the fundamental abilities and learning. You have know the all sort of markets i.e. uptrend, downtrend or sideways. What's more, for each market we require refine our procedure.

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