Forex is profitable ?

Nov 10, 2017 at 11:03
14,916 Views
406 Replies
forex_trader_688163
Member Since Feb 28, 2019   140 posts
Dec 26, 2019 at 06:41
Question: Forex is profitable?
Answer: No.
Member Since Dec 26, 2019   3 posts
Dec 26, 2019 at 08:45
As long as there is favourable moment to trade, it is an oppotunity for us to make profits.
Member Since Mar 10, 2019   57 posts
Dec 26, 2019 at 15:36
Nasrul_Swing posted:
Question: Forex is profitable?
Answer: No.

Yes, it's profitable! like in any human activity trading is governed by 20/80 rule (Pareto rule), meaning for those who try 20% are in profit (successful) and 80% are not in profit (Nasrul)... This could be seen from the stats fx brokers are obliged (in the EU) to publish on their sites - some 75-85% lose money... You task, Nasrul, as a trader to be in those 20%... or hire a pro / copy good signals etc
every beautiful garden has a strong hedge around
forex_trader_688163
Member Since Feb 28, 2019   140 posts
Dec 26, 2019 at 16:25
The best answer is no as majority still loss than profits (based on statistics).

To become profitable trader, just follow these 3 simple steps:
1. Proven technique.
2. Every trade have Stop Loss and Take Profit.
3. Wise Money Management.

Even most of us know these 3 simple rules, yet it difficult to follow.
Member Since Dec 18, 2019   38 posts
Dec 27, 2019 at 00:33
tacet posted:
Nasrul_Swing posted:
Question: Forex is profitable?
Answer: No.

Yes, it's profitable! like in any human activity trading is governed by 20/80 rule (Pareto rule), meaning for those who try 20% are in profit (successful) and 80% are not in profit (Nasrul)... This could be seen from the stats fx brokers are obliged (in the EU) to publish on their sites - some 75-85% lose money... You task, Nasrul, as a trader to be in those 20%... or hire a pro / copy good signals etc

Nice
Trender
Member Since Oct 19, 2019   34 posts
Dec 27, 2019 at 09:58
FrankHo posted:
Greedy and lack of the intention to study is the main reason that you fall into a scam.
Exactly, those two are the main reasons. A person has to be very well updated on the research part if he wants to be safe against such scams.
Member Since Jan 26, 2019   7 posts
Dec 27, 2019 at 15:44
In short, Yes it is profitable. 😄
Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come
Member Since Dec 18, 2019   38 posts
Dec 28, 2019 at 05:17
I actually do not see the need for the question in the first place
Trender
forex_trader_745947
Member Since Jul 08, 2019   57 posts
Dec 29, 2019 at 19:12 (edited Dec 29, 2019 at 19:16)
It's not profitable at all it's full of risks, everywhere SCAMMERS are waiting to rob your money
Selling ice cream is more profitable than Forex trading

It's profitable only those who are really know how to trade
Member Since Apr 18, 2017   718 posts
Dec 30, 2019 at 13:33
GlobalScalper posted:
It's not profitable at all it's full of risks, everywhere SCAMMERS are waiting to rob your money
Selling ice cream is more profitable than Forex trading

It's profitable only those who are really know how to trade

This is why, manual trading is the Best! In addition, all of the successful traders are using their own system; no way with others plan!
Member Since Jul 20, 2020   341 posts
Dec 10, 2020 at 18:05
Yes. Forex is a very profitable business if you have proper knowledge and skills about trading.
Member Since Jul 23, 2020   759 posts
Dec 12, 2020 at 17:41
GlobalScalper posted:
It's not profitable at all it's full of risks, everywhere SCAMMERS are waiting to rob your money
Selling ice cream is more profitable than Forex trading

It's profitable only those who are really know how to trade
That’s true. One of most common reason to lose money in trading for scam brokers.
Member Since Jun 26, 2020   327 posts
Dec 14, 2020 at 06:59
according to me, any kind of business can be profitable if there is focus commitment and discipline , i think you will understand , thank you .
Member Since Aug 09, 2017   785 posts
Dec 15, 2020 at 05:50
yes discipline is really important and more important is to keep patience , because success in Forex is a long time approach thats why we need to make sure this habit first of all.
Member Since Aug 27, 2017   994 posts
Dec 15, 2020 at 10:58
in Forex trading the expert trader is a trader who can predict the real faction of this market with certainly, as a newcomer its a very good wish but sho0uld be practical, move on step by step.
Member Since Aug 27, 2017   994 posts
Dec 20, 2020 at 07:59
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 Feb 19, 2017   6 posts
Dec 20, 2020 at 16:21
there are profitable people. but I am also looking to copy. but almost all holes
I TRUST IN GOD
Member Since Jan 11, 2019   147 posts
Dec 21, 2020 at 05:42
it can surely be profitable if you get your research, knowledge and tactics right.
Member Since Nov 03, 2020   70 posts
Dec 22, 2020 at 12:07
Gracewilson1995 posted:
it can surely be profitable if you get your research, knowledge and tactics right.

Very true. As I said it in another thread, you will need to have a proper research and understanding and knowledge to make a right and profitable return else it will never gonna happen.
Member Since Feb 11, 2020   12 posts
Dec 22, 2020 at 14:42
This is a controversial issue regarding the profitability of forex. Forex is profitable for those who understand how to make money on it. And unprofitable for those who take risks and lose their money in Forex.
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