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Forex is a decent business

UweMoench
Dec 06 2020 at 13:37
751 Posts
Forex is a decent business in the event that you know how to do it. In the event that you need to get maximal outcome in Forex I think first about all you need to secure most intense breaking down trade information by learning. Without being skilled forex is a money losing machine.
AliaDare
Dec 06 2020 at 22:23
788 Posts
If you want to make a consistent profit in Forex trading, you must first learn to trade. Loss is inevitable if one joins trading without acquiring proper knowledge. Therefore, every trader should acquire proper knowledge and join the trading world.
mikehussy332
Dec 10 2020 at 10:25
21 Posts
I agree, just like any business, without knowledge if one initiates it, it is nothing but doom. Proper knowledge and a fair bit of experience is a must for profitable trading. I started out with Fxview after completing my trading course and attending numerous seminars and webinars of the same. But it was only after a year or so I started making real money. Discipline and patience are also very important in trading. One should not try and speed up the process by playing big numbers. I started trading more than 5k in one trade only after I started profiting on a consistent basis. Operating 2 accounts now, Oanda besides Fxview and happy with the direction my trades are taking.
Gracewilson1995
Dec 10 2020 at 11:57
147 Posts
it is a decent way to earn money, i personally will not make it a full time profession. as there is always a risk involved
Roberto21
Dec 21 2020 at 07:39
364 Posts
Managing the risk is the most demandable ability in Forex market where risk is everywhere. My trading career, many times I fallen a great loss due to lack of exact risk management . now I am studying about this
AmDiab
Dec 21 2020 at 12:17
718 Posts
success is not easy we know very well but still we try to bring success with no learning , as a result we become loser when try to make it in practical.
EbonyJones
Dec 21 2020 at 21:52
232 Posts
Yes. I agree with you. The most interesting thing about the forex market is that you can start the business with a low investment.
AliaDare
Dec 22 2020 at 01:31
788 Posts
Yes, you are right. It is never possible to gain trading profit without gathering trading research and information.
Imamul
Dec 22 2020 at 07:59
717 Posts
its a very decent business no way to ignore but you have to move in every step in a decent way.
rohitchawla455
Dec 22 2020 at 09:11
21 Posts
Because it’s much more than just a way to make money (for clarity, check out my About page).

You see, I don’t consider myself to simply be a trader. I really consider myself to be a capitalist and explorer.

For me, Trading was never meant to be an end in itself, but rather as a means to a more meaningful and fulfilling end.

https://fxreviewtrading.com/articles/top-hidden-secrets-of-forex-trading-and-its-application/
ddarko3
Dec 22 2020 at 12:12
70 Posts
It depends on people, to be quite frank. While I enjoy trading in forex trading, I do not consider it business just right away, but yes you can and will be able to make a profit, wouldnt that make you a trader, not a businessman?
garrychristians
Dec 24 2020 at 05:06
35 Posts
Yes, forex is decent, interesting and can bring good returns if done right. A good knowledge about the market and the market conditions is essential for trading in the financial markets.
SteveHanks
Apr 11 2021 at 18:52
536 Posts
garrychristians posted:
Yes, forex is decent, interesting and can bring good returns if done right. A good knowledge about the market and the market conditions is essential for trading in the financial markets.
Yes. If you have proper knowledge about the market, you can make enough money from this market.
UweMoench
Apr 13 2021 at 13:02
751 Posts
@ddarko3 To treat it a one of the main sources of income, one needs extensive skills and experience. And it takes years to come. But we should always treat it like business.
Adribaasmet
Apr 17 2021 at 09:36
994 Posts
Forex is a decent business in the present world but the main problem we traders take Forex as a casino, tried always bring money with no learning.
SofieAndreasen
Apr 27 2021 at 17:18
759 Posts
It is one of the best-trading markets in my opinion. But traders need knowledge for earning from this market.
Dictiony
Apr 28 2021 at 00:54
231 Posts
Earning in Forex trading is not so easy but we want to become rich quickly so in result mostly fail. So always get knowledge before the start and try to do mistakes when trade.
robindude
Apr 28 2021 at 06:12
110 Posts
Agreed. If you know what you are doing, then you would be able to make profit, and also grow your financial stability in that. And not just those, but also your skill and knowledge which I think are both most important.
Jude_craig
Apr 28 2021 at 07:01
81 Posts
Decent only as long as you are profitable. I do believe forex is not everyone's cup of tea, only a few have the patience to stand strong despite the uncertainties of markets.
Sar John (Sarjohn)
Apr 28 2021 at 11:16
187 Posts
Forex is a decent business only if there is no greed involved, most of the time trader greed for more and more money.
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