Forex is not a bad business

Nov 22, 2020 at 07:04
1,581 Views
32 Replies
Member Since Dec 26, 2019   20 posts
Sep 25, 2021 at 15:26
You are right. Forex is neither bad nor good, it just exists and that's it. It is up to you whether you are able to gain profits from it or not. It is only you who is responsible for your trading results and you cannot blame anyone else for the fact that you lose the money.
Member Since Nov 09, 2020   9 posts
Oct 07, 2021 at 18:16
I wonder who thinks of forex as a bad business? Maybe those who failed in forex trading. Forex is neither bad nor good, it just exists where you have the opportunity to gain profits or lose your deposit. Everything depends on concrete trader and the broker which they work with.
Member Since Aug 17, 2021   94 posts
Oct 09, 2021 at 18:20
For many, a forex trading business may even be their primary means of income. Considered a lucrative means of making money, forex trading, or online forex trading is the process of purchasing and converting various currencies. The only variation here is that instead of stocks of a company, you are trading currencies.
Member Since Aug 05, 2021   401 posts
Oct 12, 2021 at 17:03
I think a lot of people get the wrong idea about forex trading and think it's a scam or impossible to really make money due to all the failed traders out there. Of course it's possible to make money, it's just that it's more work than most people expect. You wouldn't take a regular job and expect to become rich without putting in effort, yet people expect that from trading or else they classify it as a sham.
Member Since Dec 20, 2019   23 posts
Oct 20, 2021 at 16:43
Of course forex isn't a bad business, mainly because it can generate solid sums of money actually. To my mind, forex trading is a great business and if you can earn solid sums of money then it becomes really profitable for you. The main idea of trading as a business is that you should make some steps which should be contemplated beforehand. Of course, not all traders can make money on forex, nevertheless if we take into consideration traditional form of business, then there are also sme people who remained bankrupted after trying it. So, everything is individual here and depends on your goals and skills.
Member Since Jun 17, 2021   12 posts
Oct 21, 2021 at 05:47
Its not a bad business but we shouldn't try any shortcut, stay almost 3--6 months with demo to build your skills.
Member Since Jul 03, 2021   18 posts
Oct 21, 2021 at 06:15
its bad for losers and good for gainers.....
Member Since Oct 19, 2021   18 posts
Oct 21, 2021 at 08:04
Forex is bad for those who lose due to greed.
Member Since Aug 21, 2021   61 posts
Oct 22, 2021 at 12:05
croisssan posted:
Forex for work is a very good option. When I started working with a broker, I thought the same way. And now I am quite satisfied with Forex.
I agree with you, if forex trading is done with the adequate knowledge then it is really a good medium to earn.
Member Since Dec 09, 2013   139 posts
Oct 22, 2021 at 16:00
Forex is an excellent business, which offers unlimited profit and unlimited loss. Thus, it depends on an individual what he wants to achieve from this business. One thing for sure this is not as easy business as it seems at the beginning to most of the traders. It is a serious business and it is to be dealt with very cautiously. A trader needs to learn and invest his time before getting into this business.
Member Since Mar 28, 2021   617 posts
Oct 27, 2021 at 14:54
Yes forex is definitely interesting but at the same time it has huge risk. A person should be well prepared to manage risk.
Member Since Aug 10, 2021   178 posts
Oct 28, 2021 at 01:32
Forex is a great business and we can not consider it bad because we can make a good income from it. Always learn forex basics before start.
Member Since Aug 05, 2021   401 posts
Oct 28, 2021 at 17:19
I think forex gets a bad reputation because of all the scammers out there, along with the influencers that trick newbies into signing up with little knowledge and blowing their account.
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