Nov 13 2019 at 12:46
if you look to my account it would not be right to say forex is not profitable, i am makeing money all the time, but its also true that the majority is losing money with trading. so lets say it can be profitable if you have enough experience. beside of good money management you need also know how to trade how the charts working, you must know what you are doing to build somethink like a trust but always with enough care.
Nov 13 2019 at 15:10
Forexquanten posted:Majoirty definitely lose
if you look to my account it would not be right to say forex is not profitable, i am makeing money all the time, but its also true that the majority is losing money with trading. so lets say it can be profitable if you have enough experience. beside of good money management you need also know how to trade how the charts working, you must know what you are doing to build somethink like a trust but always with enough care.
Forex trading is no doubt amazing but trader have to be very wise and experienced always ask an experienced traders help
Revenue is vanity, profit is sanity, but cash is king
Nov 14 2019 at 13:53
It’s a long road to trading profitably. Took me a couple of years until I started making a profit full time :)
Winning...
Nov 14 2019 at 13:53
Baazex posted:
Forex trading is no doubt amazing but trader have to be very wise and experienced always ask an experienced traders help
Just study hard
Nov 14 2019 at 15:23
Baazex posted:
Forex trading is no doubt amazing but trader have to be very wise and experienced always ask an experienced traders help
It doesn't matter what your strategy is, as long as it's a profitable one.
Focus on Risk Management as your #1 priority, and you will protect your account against unreasonable losses.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Nov 16 2019 at 06:11
Admoni posted:
At present Forex is definitely a profitable business. The first thing as a newcomer you need to do is learn everything you can about the market . then before you get a real account , get a demo account and practice as much as you can so you will get a better idea about the market. You probably should use the demo account for months. However , if you feel like you are ready , then by all means open up a real account.
Forex is a huge area to understand. Basically, you need to trade currency pairs in this market by analyzing several factors. You can read some articles for basic knowledge. If you want to learn more about Forex trading, you can read some books and watch some videos from the video library. That can help you to understand more. Besides learning, you can practice in a demo account with our free signals. Without Proper knowledge, I think no one can do well in this sector. So everyone should learn before starting trade.
What is your thought ??
Nov 16 2019 at 06:19
PrestonM posted:
Of course is profitable but you have to be patient.
Patience is the most important thing in Forex without this no one can succeed in this field.
Success depends on among these 4 pillars also.
1. Trade Entry Strategy
2. Discipline
3. Money Management
4. Trade Exit Strategy
Nov 16 2019 at 06:31
PrestonM posted:
Of course is profitable but you have to be patient.
Nov 16 2019 at 06:31
ForexViking69 posted:
It’s a long road to trading profitably. Took me a couple of years until I started making a profit full time :)
There is only one way to increase your success rate as a forex trader - Practice. No matter how skilled you are, you can not improve your success if you relax with no practice. Study the market and practice risk management. Learn from your mistakes.
