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profits in forex trading
Member Since Oct 07, 2020
90 posts
Feb 16, 2021 at 04:48
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Feb 16, 2021 at 12:20
Trading forex is complex and requires a level of patience that is off the charts if you want to be extremely successful. When you first start trading, the amount of patience required is beyond most people's understanding. You can't gain that level of patience unless you have experience. You can have all the trading talent in the world, but w/o experience you are at a disadvantage to a more experienced trader.
Feb 17, 2021 at 07:34
richardmarcus posted:
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Yes I have been making profit, but you cannot just say that without expecting any learning or knowledge. You will need to know more about not just forex marketing, but paying attention to charts and indicators that is implying either bullish or bearish.
Member Since Oct 07, 2020
90 posts
Mar 01, 2021 at 04:53
blixtpiece posted:
People make profits in the forex market. There are no hard and fast rules that you need to follow.
ahan... but i have heard when people go live they are not able to generate as much profits as compared to demo accounts
Member Since Sep 12, 2017
232 posts
Mar 01, 2021 at 07:53
richardmarcus posted:
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Yes people do generate profit..there is no shortcut or fixed time line for that. they can make $100 in 10 trades and on the other hand lose $100 in just 1 trade.so winning and lossing are part of the game..
Mar 02, 2021 at 05:00
Most traders think that trading is all about strategy. They look for it everywhere. They think there is one strategy that will make them rich. They never try to understand that the success of a strategy mostly depends on the individual it's using. Strategy is just a single component of successful trading.
Mar 02, 2021 at 05:33
The foreign exchange market promises so many possibilities to the trader. Many people may be interested in the forex but are only afraid to take the first step. This attitude should be turned around. Just have a good vision, take the necessary steps and make the forex venture a success.
Mar 02, 2021 at 07:58
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.
Mar 22, 2021 at 10:58
triticieek posted:
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.
That is true to some extent but do not underestimate the time it may take to learn and make profit. It can take many years
Member Since Jul 23, 2020
816 posts
Mar 22, 2021 at 14:42
triticieek posted:
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.
True. New traders often face hardship in trading.
Member Since Mar 23, 2020
20 posts
Mar 22, 2021 at 14:57
78678676 posted:
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.
I agree, I am doing "Challenges" with accounts with different deposits and brokers, you can look at them from my profile if you are interested 😁
Experience is the hardest teacher because she gives the test first, the lesson afterward.
Mar 22, 2021 at 15:43
Proper knowledge is required first when doing the forex market. If it is possible to develop proper knowledge and skills, it is possible to earn a lot of money by trading. I made a lot of losses when I joined the Forex market as a beginner trader but after a lot of research, I am now able to make some profit.
Member Since Nov 19, 2020
2 posts
Mar 28, 2021 at 09:25
78678676 posted:
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.
i agree with you hard work for make money from forex market
but i have to get 100% for a month from my capital
Member Since Jan 08, 2021
11 posts
Apr 13, 2021 at 10:11
It can be difficult to generate profits at first. But every trader takes some time to process and understand the market in order to execute profitable trades.
