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Forex market offers great opportunity

Oct 04, 2020 at 12:14
2,476 Views
54 Replies
Member Since Jul 19, 2020   751 posts
Oct 04, 2020 at 12:14
Forex market offers great opportunity but unfortunately most people can not materialize the opportunity due to lack of knowledge and skills. They treat it just like gambling. As a result they can't make consistent money.
Member Since Jul 19, 2020   298 posts
Oct 07, 2020 at 10:13
Yes forex market offers a great opportunity. But only skilled people can take that opportunity. Rest just trade and lose money. If anyone wants to take this opportunity he must focus on learning.
Member Since Jul 20, 2020   341 posts
Oct 07, 2020 at 19:13
Yes. The forex market is very profitable for those who have enough knowledge and experience in trading and the market.
Member Since Jun 22, 2020   39 posts
Oct 26, 2020 at 07:25
In order to make good profits trading Forex everyone must learn and practice to prepare themselves for live trading.
Member Since Nov 16, 2020   21 posts
Dec 10, 2020 at 08:09
If you have enough knowledge and the required skills, you can make profits in the forex market.
Member Since Apr 01, 2020   231 posts
Dec 10, 2020 at 09:09
If you want to earn the money with forex you must learn the basics of Forex and after it you invest your money with your broker and can start trading.
Member Since Dec 28, 2020   25 posts
Jan 13, 2021 at 10:00
I can agree with the opinion that there are really big enough opportunities for making money in the forex market and for trading conditions than in the rest.
Member Since Nov 03, 2020   70 posts
Jan 13, 2021 at 12:02
UweMoench posted:
Forex market offers great opportunity but unfortunately most people can not materialize the opportunity due to lack of knowledge and skills. They treat it just like gambling. As a result they can't make consistent money.
Yes, I think some people still confuse trading as gambling when it is both completely different in every aspect, apart from winning and losing
Member Since Jun 17, 2020   37 posts
Jan 14, 2021 at 06:34
Trend trading works perfectly in forex. After I started applying strategy involving bollinger bands along with keltner, my profits increased by almost 5% on fxview and avatrade. There is hardly any instance now where I trade against the trend.
Member Since Feb 11, 2020   24 posts
Jan 14, 2021 at 11:58
It takes a lot of time to make consistent profits through trading. I think a lot of people sink to chasing loses and thats when the gambling aspect comes in to play.
Member Since Jul 23, 2020   869 posts
May 30, 2021 at 17:42
True. It is one of the best income sources online right now.
Member Since Apr 03, 2021   470 posts
May 30, 2021 at 23:36
LyudmilLukanov posted:
True. It is one of the best income sources online right now.
Best income for the skilled trader, because on negative edge, trader losing money in the forex market
Choosing a broker I think important, I use FXOpen because offer low spread and available market for forex, crypto, commodities, shares, and indices
Member Since Mar 28, 2021   617 posts
May 31, 2021 at 11:07
Yes opportunity is there in the forex market. But to make the best use of that opportunity, we need skills and experience. Otherwise it's not possible to utilize the opportunity.
Member Since Apr 22, 2021   8 posts
May 31, 2021 at 12:08
I suppose forex market is a good opportunity to earn money. First of all, you need to know a lot of info about the market. In order to understand the market and choose the right broker for trading, you need to learn all available info about brokers. You can surf the net and read this information. I can recommend u one site which calls Finarm. It's pretty convenient and can give you some insights. You can visit it and learn all necessary information.
Member Since Aug 17, 2021   94 posts
Sep 25, 2021 at 17:11
Foreign exchange is the marketplace for trading all the world's currencies and is the largest financial market in the world. There are many benefits of trading forex, which include convenient market hours, high liquidity, and the ability to trade on margin.
Member Since Jun 14, 2021   53 posts
Oct 01, 2021 at 09:28
The foreign exchange market is the largest financial market in the world. The market is open 24/5, which gives such flexibility to traders.
Member Since Mar 28, 2021   617 posts
Oct 01, 2021 at 09:47
@marindateal Yes forex is the largest financial market and open 24/5 for online trading. That what makes it more risky for unskilled people.
Member Since Jan 24, 2022   15 posts
May 03, 2022 at 15:24
You never know when this lucrative shiny chunk of return will move against you. When one is believing in FOMO, always caught in the trap of greed. Understand the thin line and have a more disciplined style of trading plan.
Member Since Jan 18, 2022   48 posts
May 06, 2022 at 04:13
Forex opportunities become mere market movements if you don’t understand how to take advantage of them. Learn to identify market opportunities and make use of them correctly.
Member Since Aug 05, 2021   401 posts
May 10, 2022 at 16:47
Trading can be a lucrative way to spend your time, but not if you don't know what you're doing. I think a lot of people are under the impression that trading is easy and think that money can accumulate much more quickly than it actually does. People are willing to put in time to work but not to learn to trade for some reason.
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