Is trading hard?

Jan 03, 2021 at 07:20
5,951 Views
161 Replies
Member Since Jul 23, 2020   869 posts
Mar 19, 2022 at 06:16

When you are new at Forex trading, it should seem hard to you. But you have to recover from the fear overtime. Otherwise it will create hurdle in the way of your trading. Make your own trading strategy and keep developing it on a daily basis.
Member Since Sep 22, 2019   6 posts
Mar 19, 2022 at 09:56
I can trade for you by profit sharing. If you agree, knock me here.
Member Since Mar 28, 2021   617 posts
Mar 19, 2022 at 11:27
Gewgaw posted:
Forex trading is not only hard but a risky business. A trader needs to be very careful while trading. Like any other business, it needs a deep understanding of the market and a well calculated trading plan.

For me, Forex trading isn’t the easy option to make money! I have been doing Forex trading since 2016 but till now I’m not happy on my own trading skill! Here I’m making near about 68% success ratio although I use both, technical & fundamental analysis!
Member Since Oct 27, 2020   16 posts
Mar 21, 2022 at 05:56
davemack posted:
I totally agree. There are many people who claim forex trading to be easy and one can easily make profit out of it. They are all scams and a trader should know that.
I totally agree! And lack of knowledge is the main reason for new traders being scammed.
Member Since Feb 15, 2022   183 posts
Mar 22, 2022 at 11:26
UweMoench posted:
Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.
That’s true, there is nothing like easy way of money making in Forex! More than 95% traders are unable to earn consistent money here! So, new traders need to focus on their learning process so keenly! Even, pro traders are unable to make more 80% success ratio!
Member Since Feb 15, 2022   183 posts
Mar 23, 2022 at 04:16
Trading is hard when the market remains out of its general behavior. This is how the market frequently behaves. Under this circumstance, a trader should trade very carefully to avoid losses. Controlling greed is the toughest job in trading that maximum traders can control in the end of the day.
Member Since Nov 06, 2018   83 posts
Mar 23, 2022 at 09:36
UweMoench posted:
Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.
For sure it is.

The actual aspect of it seems simple, but the psychology part is the hardest.
Member Since Feb 16, 2022   63 posts
Mar 23, 2022 at 16:38
UweMoench posted:
Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.
Forex is a psychological game! So, if you want to follow your greed, then surely you’ll suffer! There is no way to make quick money in Forex! Money management is the obvious rule here, no way to ignore!
Member Since Aug 10, 2021   178 posts
Mar 28, 2022 at 01:57
Yes, forex is very hard but you can make it easier with good knowledge and money management.
Member Since Aug 21, 2021   61 posts
Mar 28, 2022 at 04:54
Well, it depends on your knowledge, it seems hard to those with lack of trading knowledge while easy for those who understands the market well.
Member Since Mar 17, 2022   29 posts
Mar 28, 2022 at 08:13
Trading isn’t hard, but it isn’t easy either. You need to have a strong mindset, strong knowledge of the market, good analytical skills and have to put in your time and efforts.
Member Since Feb 15, 2022   183 posts
Mar 29, 2022 at 04:47
Trading is hard for those who are not familiar with the nature of the market. They don’t have the right approach of trading, a better strategy. For those who are suffering this issue should not frustrate rather they should keep practicing to develop themselves. Talk to professional traders, if possible, to develop trading.
Member Since Jul 23, 2020   869 posts
Mar 29, 2022 at 05:49
Whether trading is hard or not depends on the market condition. Traders should avoid trading in critical conditions because such untoward situation can carry loss for a trader. Traders don’t understand the actual market trend that cause problem in trading.
Member Since Feb 12, 2019   105 posts
Mar 29, 2022 at 21:43
Definitely it is and the hardest part is the emotional aspect if it dealing with losses when you've traded according to your strategy
Member Since Apr 03, 2021   470 posts
Mar 30, 2022 at 00:08
Forex trading is a risky business, but this is a very potential business, and many traders like this business and keep involved in trading and learn how to make consistent profit here, maybe not be easy for some traders, because this also depends on skills in trading, the risk remains in forex trading business but we can control the risk start from the beginning to invest money in account trading.
Member Since Oct 20, 2018   300 posts
Mar 31, 2022 at 21:03
Davidwise posted:
Those who find trading hard should stop it right then and there. Trading isn’t hard, but it’s the mindset with which a person is trading that makes it hard. If someone is passionate about trading and is willing to go an extra mile to learn its concepts properly would never say that trading is hard.
So you're telling that trading is easy?
momchil_slavov@
Member Since Mar 11, 2022   22 posts
Apr 04, 2022 at 04:42
Yes, definitely forex trading is not a piece of cake for anyone. It’s quite tough especially for beginners. Forex trading has no shortcuts and you need to be patient and highly determined throughout your trading journey. Most of the forex traders are not able to earn money consistently because they lack adequate information and rely on some shortcuts and get themselves scammed too. When you start trading, make sure you have covered all the basics, fundamental, and technical analysis yourself and also you have to develop a trading strategy that suits you the best. I know it’s a lengthy process but there are no shortcuts to success and there’s no way out you can make money quicker.
Member Since Dec 21, 2020   36 posts
Apr 04, 2022 at 06:36
Trading is not easy i agree but for people who think about forex as a get rich quick scheme and lose money in the end, it is definitely hard for those.
Member Since Apr 04, 2022   23 posts
Apr 04, 2022 at 16:27
For me, trading is a very time-consuming process. I need a lot of time to concentrate on the analysis and find the right solutions. I'm not the kind of trader who finds it easy. But I know those who solve these problems much faster than me
A falling leaf does not try to influence the wind, it enjoys flying.
Member Since Feb 16, 2022   67 posts
Apr 07, 2022 at 07:25
Trading is hard for those who don’t have sufficient trading knowledge. Traders who can’t analyze the market technically and fundamentally feel fear of trading. So traders should bolster their basement with proper analytical knowledge. They should also develop their human qualities to stay in Forex for a longer time.
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