Unellene posted:Agreed buddy!
everyone has their own profit option, but I agree about forex - a great option, but not for everyone
Forex is a great option for making money but it's not for those who have no understanding of the market, are fearful of volatility and allow emotions fuel their decisions.
why is it not the first source of profit? which one is you in the first place?
necolesilvers
Member Since Jun 14, 2021
28 posts
Sep 14 2021 at 06:03
@Smith_fx you are so right. These are the very people who enter the market with a hope of making huge profits but end up being broke. It requires a strong mind to survive in the market which goes through continuous ups and downs.
Mekhi_Jerde
Member Since Dec 05, 2020
11 posts
Sep 25 2021 at 16:05
The idea of your tips is right, but they are too vague. I mean that It is common sense that you need to choose the best strategy. The question is where to find these strategies and how to understand that this strategy is the best?
In my opinion, forex can be considered as an additional option for earning money. As for me, this option is quite worthy of attention.
Oleg_Kramarenko
Member Since Feb 06, 2021
8 posts
Sep 27 2021 at 20:32
That is a nice overview what trading is all about. A newbie should also understand that markets are different. I mean that stock markets are different from the forex market and commodity market. So, you'd better concentrate on a single market and learn it.
Forex as the second source of income, I think good to make diversification investment, not only in forex but an investor can make a balancing for portfolio investment, like as buy stocks or mutual funds or bond, forex is high gain business but also high-risk business, treat as the main source maybe if lack confidence will make a trade under pressure, profit today is not guarantee will profit again tomorrow
Account managers would not be a safe option, there is no easy route to make money
Williamfreed
Member Since Aug 10, 2021
176 posts
Sep 28 2021 at 11:01
I strongly advise you to build a solid plan that allows you to gradually turn to trading in the foreign exchange market for income if you are interested in trading in the foreign exchange market for income. Although you may think that your trading performance will be better when you devote all of your practical energies to trading in the forex market, this is not always the case. Even if it is reasonable to think that more time means more money, you will not necessarily make more money through speculation compared to trading Forex with poses.
Alexthetrader
Member Since May 27, 2021
64 posts
Sep 28 2021 at 11:18
Williamfreed posted:'Even if it is reasonable to think that more time means more money, you will not necessarily make more money through speculation compared to trading Forex with poses.'
I strongly advise you to build a solid plan that allows you to gradually turn to trading in the foreign exchange market for income if you are interested in trading in the foreign exchange market for income. Although you may think that your trading performance will be better when you devote all of your practical energies to trading in the forex market, this is not always the case. Even if it is reasonable to think that more time means more money, you will not necessarily make more money through speculation compared to trading Forex with poses.
Strongly agree with point buddy!
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