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Is trading hard?

Jun 19 at 20:14
3 posts
Depends on what the purpose is. “The goal of a successful trader is to make the best trades. Money is secondary.” Alexander Elder
Jun 20 at 05:56
93 posts
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.
Personally, I don’t have any doubt on it; more than 95% traders are the losers and for me it took almost 2 years to learn Forex! So, I don’t consider the Forex market as like a easy money making opportunity!
Jun 21 at 09:23
24 posts
There's a lot of risk involved in trading. But the payoffs can be enormous. Making money is simple if you know how the market works and possess extensive knowledge.
Jun 27 at 04:24
24 posts
Money can never come easily to anyone. You have to work hard to fill your bank accounts. Trading is no different. If you are ready to take risks and overcome them with your knowledge, you will surely have a great time at trading and making winning trades.
Jun 28 at 09:30
21 posts
It certainly is. However, with focus and determination, one can comprehend forex trading. A trader must act rationally when trading because a simple error can result in a trade loss. So, if you trade with proper market analysis and a good understanding of technical indicators, nothing will seem harder in forex.
Jun 28 at 14:31
195 posts
LeviSievwright5 posted:
Yes, trading is very tough but Proper Knowledge and Money Management make trading easier.

You are right; knowledge is the key here & that’s why good skilled traders are making money here, where others are struggling! Without proper knowledge, Forex is so much risky!
Jun 29 at 06:05
415 posts
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.
True, but good news is, till now you can manage the risk %; on the other hand, I don’t think Forex is easy! Practically, Forex is so much challenging business! So, don’t expect any easy money here!
Jun 30 at 07:19
111 posts
Fx trading does test your limits. Stay true to your plan and maintain discipline with good risk management.
Jun 30 at 10:44
23 posts
Trading is like just any other way of making money where you have to work for money. The good thing about trading is that you can build your own rules in accordance with your understanding and risk appetite. It’s customizable and that’s why it's a great way of enhancing your overall income.
Jun 30 at 11:42
18 posts
Trading is hard but so are other money-making professions. You have to learn and develop an understanding of what you want to do. The same goes with trading. If you don’t understand what is happening, you are bound to lose. I agree that the unpredictable nature of the market makes it more difficult but if you are good at analysis, you will be able to handle that as well.
Jul 04 at 05:07
25 posts
Trading forex is challenging and carries some risk. Forex traders have to gain knowledge and develop their skills to trade profitably without losing much in the process. Traders must be prepared to face the challenges in the initial phase and learn from their mistakes. Those who commit to learning and stay in the forex market for a long term can become profitable traders over time.
Jul 04 at 12:30
4 posts
It`s not hard physically, but mentally and emotionally it is. But name me a job that isn`t hard;)
Time goes, you say? Ah, no! alas, time stays, we go.
Jul 05 at 06:55
29 posts
Yes, forex trading is hard. It requires a lot of knowledge and experience to be successful. There are a lot of factors to consider when trading forex, and it can be difficult to keep track of all of them. You need to be able to read charts and make accurate predictions about where the market is going. If you don't have the proper knowledge and experience, it is very easy to lose money in forex trading.
Jul 05 at 11:01
195 posts
The big decision of any business is its investment and traders should know quite alone how to operate it. As it’s a big step, don’t let it go bust with your mistakes. Once an investment goes bust, it not only causes his capital to lose but also discourages him.
Jul 20 at 07:41
34 posts
Trading is not an easy job. One needs to be consistent, alert and informative when it comes to forex trading.As the market is very volatile so a trader should always be consistent in learning if he wants to sustain in the market.
Jul 20 at 09:21
35 posts
trading is really hard because there is no one who can predict the real faction of this market with certainly.
Jul 21 at 06:35
16 posts
Forex trading is challenging to begin with because you have little knowledge about it. Once you begin practising on your own and sign up for a demo account with a broker, trading is not difficult unless you practice with consistency. The biggest risk in life is not taking any risks.
Jul 22 at 09:54
22 posts
Very hard, I must say! You may have a proven strategy but still you may fail. What’s even worse is not being able to find an issue with your strategy. It requires nothing more than experience for a trader to do the right thing.
Jul 25 at 05:30
27 posts
The forex trading market is unpredictable; it is difficult to foresee price swings, so it appears challenging at first. Everything becomes clear once you enter the market and begin to understand the market behaviour. It is preferable to devote adequate time to gaining necessary knowledge and abilities in order to make trading profitable and simple.
Jul 25 at 06:32
18 posts
It is hard to trade forex because it is challenging to anticipate the next step. In the currency market, there are no shortcuts. The market's high volatility and unpredictability may give the impression that forex trading is difficult. However, if a trader has enough expertise, forex trading is easier for them and there are fewer chances that they will lose.
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