Forex is a decent business

Dec 06, 2020 at 13:37
1,679 Angesehen
36 Replies
Mitglied seit Jul 19, 2020   751 Posts
Dec 06, 2020 at 13:37
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.
Mitglied seit Jul 19, 2020   788 Posts
Dec 06, 2020 at 22:23
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.
Mitglied seit Nov 16, 2020   21 Posts
Dec 10, 2020 at 10:25
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.
Mitglied seit Jan 11, 2019   147 Posts
Dec 10, 2020 at 11:57
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
Mitglied seit Apr 18, 2017   718 Posts
Dec 21, 2020 at 12:17
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.
Mitglied seit Jul 19, 2020   788 Posts
Dec 22, 2020 at 01:31
Yes, you are right. It is never possible to gain trading profit without gathering trading research and information.
Mitglied seit Aug 09, 2017   785 Posts
Dec 22, 2020 at 07:59
its a very decent business no way to ignore but you have to move in every step in a decent way.
Mitglied seit Oct 30, 2020   21 Posts
Dec 22, 2020 at 09:11
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.
Mitglied seit Nov 03, 2020   70 Posts
Dec 22, 2020 at 12:12
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?
Mitglied seit Jul 19, 2020   751 Posts
Apr 13, 2021 at 13:02
@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.
Mitglied seit Aug 27, 2017   994 Posts
Apr 17, 2021 at 09:36
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.
Mitglied seit Jul 23, 2020   759 Posts
Apr 27, 2021 at 17:18
It is one of the best-trading markets in my opinion. But traders need knowledge for earning from this market.
Mitglied seit Apr 01, 2020   231 Posts
Apr 28, 2021 at 00:54
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.
Mitglied seit Dec 11, 2020   110 Posts
Apr 28, 2021 at 06:12
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.
Mitglied seit Dec 05, 2020   81 Posts
Apr 28, 2021 at 07:01
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.
Mitglied seit Dec 28, 2020   187 Posts
Apr 28, 2021 at 11:16
Forex is a decent business only if there is no greed involved, most of the time trader greed for more and more money.
Mitglied seit Apr 28, 2021   9 Posts
Apr 28, 2021 at 13:05
wanting more and more money is what keeps us trading and makes us want to learn and develop. IF there was no greed and no money then what would be the point
Mitglied seit Apr 01, 2020   231 Posts
Apr 29, 2021 at 01:03
Forex is a decent money-making business and you can make a huge amount of money with it. But always remember if you have knowledge about it it will difficult for you to become a pro trader so learn and understand what is forex and how to trade is very important.
Mitglied seit Apr 15, 2020   219 Posts
Apr 29, 2021 at 06:08
Forex helps you earn a decent living only if you invest time first before investing capital. Huge capital investment will not turn fetch you profits if you havent done your early research. Knowledge and practice is a key to successful trading.
The more your practice, the more you learn.
Mitglied seit Jul 23, 2020   869 Posts
Apr 30, 2021 at 17:19
Forex is a decent business but a risky one. If you are not careful you may lose everything for trading here.
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