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Very tough business.
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togr

Member Since Feb 22, 2011  4753 posts vontogr (togr) Jul 20 at 12:23
Forex is the same as any other business that creates a big income.
If you are CEO of company you had even more stress and work to do.

Forex is rather easy to handle if you need just like 2% a month, that could be achieved easilly but in such case you have to deposit significant amount of money.
So with let say 25% a year profit and $50,000 living costs you need to deposit $200,000 and trade it carefully.

I trade what I like. I like what I trade.
Dictiony

Member Since Apr 01, 2020  86 posts Dictiony Jul 21 at 00:55
Yes, it is true that Forex is very tough business and you should not leave at this stage and should contnue learning. One day you will be able to make good profit in it and you can be a successful trader.

lavis_book

Member Since Jul 09, 2019  34 posts lavis_book Jul 21 at 10:47
Dictiony posted:
Yes, it is true that Forex is very tough business and you should not leave at this stage and should contnue learning. One day you will be able to make good profit in it and you can be a successful trader.


I agree with you. The process of learning has to be ongoing for any trader.

Tradelist45

Member Since Jun 26, 2020  11 posts Tradelist45 Jul 22 at 16:45
i think there is no trading business which is easy ,
 any business is really difficult if you dont know to manage money .

Imamul

Member Since Aug 09, 2017  482 posts Imamul Jul 22 at 17:37
Newcomers should focus on others inevitable part of trading besides acquiring good trading knowledge. Controlling emotions , avoid revenge trading , overtrading , money management ,RR and much more things they have to observe for avoiding unfortunate loss.

Shelby10

Member Since Jul 15, 2020  17 posts Shelby10 Jul 26 at 13:34
Forex is very tough business, when you don't have any knowledge about this market. If you have enough knowledge about this market, it will be very profitable and easy.

Roberto21

Member Since May 02, 2019  267 posts Roberto21 Jul 27 at 10:58
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.

Juan_Garcia

Member Since Jun 05, 2020  15 posts Juan_Garcia Jul 28 at 08:28
I agree with @Shelby10 Good knowledge is what can make this field little easy for beginners. One cannot be successful here without good learning

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