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Forex game is not business

FXOday (FXOday)
May 06 at 23:45
52 Posts
Yes forex is a real business, but this can do at home, in a pandemic situation in the world, where there are so many people who fear to move out on the crowd, forex trading is one business that not affected by this condition because we can work from home, sitting in front of the laptop and have more time for family, in addition, is already making money through forex business, will become happy family because has more time for the kids, I alone treat forex as the main business now because enforced by condition.

williamhayes
May 14 at 11:31
39 Posts
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

Cruz45
May 14 at 11:54
30 Posts
williamhayes posted:
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading with FXTM, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

It is quite interesting to see that forex is being compared to business, but I think just like business, there is always risk involved while spending money on capital or budget that you wish to prepare. But yes, gambling is a complete pure luck while Forex depends on your skill and hard work

perryjohn765 (perryjohn765)
May 14 at 15:40
187 Posts
it can never be a full time business. with trading we always need a back up

Dictiony
May 15 at 02:07
216 Posts
Trading is not an easy job and it needs a lot of hard work and motivation. Most of the traders fail in forex because they have no plan and money management.

Tremblay
May 15 at 09:16
222 Posts
Without a proper plan, no trader can survive in this risky market.

SteveHanks
May 17 at 17:24
147 Posts
williamhayes posted:
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

Forex is a profitable business. If you have proper knowledge, you can make money easily.

ele020 (ele020)
May 20 at 08:51
186 Posts
Indeed forex trading is profitable but if you think you can quit your job and invest your life time saving in forex and start a new carer then let me enlighten a couple of things

1. Never invest in trading without a good amount of experience and knowledge
2. Never depend upon trading to pay your bills and other basic necessities.
3. Forex can increase you income but cannot be an only source of income
4. You need years of experience, skills and trading knowledge to become a pro trader who can depend upon trading for his life and family.

The more your practice, the more you learn.
Dailiesette
Jun 11 at 05:07
4 Posts
The best thing about forex trading is that you can do it from anywhere in the world using your phone or computer, and it is also very easy to get access to the market.

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