Forex is a decent business

Dec 06, 2020 at 13:37
2,003 Views
36 Replies
Member Since May 01, 2021   11 posts
Jun 13, 2021 at 09:14
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.
Member Since Jul 19, 2020   788 posts
Jun 13, 2021 at 16:46
Dictiony posted:
Forex is a decent money-making business and you can make a huge amount of money with it. But always remember if you have knowledge about it it will difficult for you to become a pro trader so learn and understand what is forex and how to trade is very important.
Yes, of course, it is very important to learn Forex trading. It is not possible to make money in trading without gaining knowledge.
Member Since Apr 03, 2021   470 posts
Jun 13, 2021 at 23:45
Not only in forex, all business need to learning, anyone that want to driver they need to trained how to drive, if want to cook they need to learn how to cook, in forex if want to become trader also need to learn how to trade, this is basic information, but ins and out of forex is very complex, how to trade well and profitable need experience and good skill, first-time trade I use cent account FXOpen to learn, but now already move to use STP account
Member Since Apr 01, 2020   231 posts
Jun 15, 2021 at 00:15
I quite agree that you can never be a good trader if you have lacked of knowledge and skills. Always be patient and never lose your hope to win.
Member Since Jan 13, 2021   38 posts
Jun 15, 2021 at 06:54
Due to the fact that you have little knowledge, you cannot precisely control your trade and understand everything from start to finish.
Member Since Jun 15, 2021   13 posts
Jun 15, 2021 at 08:16
Before opening any trade, test your strategy on different time frames that helps you to predict the trend.
Member Since Jun 15, 2021   20 posts
Jun 15, 2021 at 09:32 (edited Jun 15, 2021 at 09:32)
thespreader posted:
Before opening any trade, test your strategy on different time frames that helps you to predict the trend.
Yeah right buddy! I also do the same.
Member Since Jun 12, 2021   132 posts
Jun 16, 2021 at 08:30
according to me, every business is decent if you have real knowledge including a good money management. if not any place could be dangerous.
forex_trader_2237169
Member Since Mar 14, 2021   36 posts
Jun 26, 2021 at 11:40
What do you mean forex is a decent business? I bought all my homes and cars trading.
Member Since Mar 28, 2021   617 posts
Jun 27, 2021 at 09:58
For consistent earning in forex trading, one needs to be skilled and experience. Price always change it's pattern. If you are not skilled enough, you are gonna lose money.
Member Since Apr 15, 2020   219 posts
Jun 28, 2021 at 06:45
StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.
Woohoooo!! How long did it take you to achieve this?
The more your practice, the more you learn.
forex_trader_2237169
Member Since Mar 14, 2021   36 posts
Jun 28, 2021 at 07:00
ele020 posted:
StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.
Woohoooo!! How long did it take you to achieve this?
Over eight months
Member Since Apr 15, 2020   219 posts
Jun 29, 2021 at 03:46
StrategyCapitals posted:
ele020 posted:
StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.
Woohoooo!! How long did it take you to achieve this?
Over eight months
Your strategy must be divine then, because generally it takes atleast 5-6 months of practice and learning to understand trading thoroughly.
The more your practice, the more you learn.
Member Since Aug 26, 2020   78 posts
Jul 02, 2021 at 06:39
Forex can really become a successful business for you, if, of course, you can figure it out.
Member Since Feb 20, 2021   13 posts
Jul 02, 2021 at 09:39
Any job or business which is legitimate in money making is a decent business. Forex involves straight forward business skills and knowledge to make money. So for sure, it is a decent business.
Member Since Mar 28, 2021   617 posts
Jul 02, 2021 at 12:33
Trading is easy only if you have good knowledge, skills and mental capabilities. It's designed in a way so that not everyone can make money. Most people want to make money here with least knowledge and skills.
Member Since Jul 19, 2020   751 posts
Jul 02, 2021 at 13:21
@Mauk Yes to be successful, one needs to figure out how to make money without losing money. Success in trading is the combination of few skills. And ot takes time to get them
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