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Forex is a decent business

Dec 06, 2020 at 13:37
1,152 Angesehen
41 Replies
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.
Elena Triston (ele020)
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.
Mitglied seit May 01, 2021   11 Posts
Jun 13, 2021 at 09:14
Forex market or forex trading i think is completely secure
but it depends on your broker performance , because without a broekr you cant a trade at all.
Mitglied seit Jul 19, 2020   788 Posts
Jun 13, 2021 at 16:46
Dictiony posted:
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.
Yes, of course, it is very important to learn Forex trading. It is not possible to make money in trading without gaining knowledge.
Suradi (FXOday)
Mitglied seit Apr 03, 2021   470 Posts
Jun 13, 2021 at 23:45
Not only in forex, all business need to learning, anyone that want to driver they need to trained how to drive, if want to cook they need to learn how to cook, in forex if want to become trader also need to learn how to trade, this is basic information, but ins and out of forex is very complex, how to trade well and profitable need experience and good skill, first-time trade I use cent account FXOpen to learn, but now already move to use STP account
Mitglied seit Apr 01, 2020   231 Posts
Jun 15, 2021 at 00:15
I quite agree that you can never be a good trader if you have lacked of knowledge and skills. Always be patient and never lose your hope to win.
Mitglied seit Jan 13, 2021   38 Posts
Jun 15, 2021 at 06:54
Due to the fact that you have little knowledge, you cannot precisely control your trade and understand everything from start to finish.
Mitglied seit Jun 15, 2021   13 Posts
Jun 15, 2021 at 08:16
Before opening any trade, test your strategy on different time frames that helps you to predict the trend.
Mitglied seit Jun 15, 2021   20 Posts
Jun 15, 2021 at 09:32 (bearbeitet Jun 15, 2021 at 09:32)
thespreader posted:
Before opening any trade, test your strategy on different time frames that helps you to predict the trend.
Yeah right buddy! I also do the same.
Mitglied seit Jun 12, 2021   132 Posts
Jun 16, 2021 at 08:30
according to me, every business is decent if you have real knowledge including a good money management. if not any place could be dangerous.
Mitglied seit Jun 16, 2021   111 Posts
Jun 26, 2021 at 11:38
There are a lot of factors that determine your success in the forex market. To make the most of the market movements, you will have to learn and practice hard.
forex_trader_2237169
Mitglied seit Mar 14, 2021   36 Posts
Jun 26, 2021 at 11:40
What do you mean forex is a decent business? I bought all my homes and cars trading.
Mitglied seit Jul 20, 2020   399 Posts
Jun 26, 2021 at 16:14
billysnyder posted:
There are a lot of factors that determine your success in the forex market. To make the most of the market movements, you will have to learn and practice hard.

So true i dont know where people get the idea that you can deal with complex markets after 3 months of demo trading. Hard work and perseverance are essential
Mitglied seit Mar 28, 2021   617 Posts
Jun 27, 2021 at 09:58
For consistent earning in forex trading, one needs to be skilled and experience. Price always change it's pattern. If you are not skilled enough, you are gonna lose money.
Elena Triston (ele020)
Mitglied seit Apr 15, 2020   219 Posts
Jun 28, 2021 at 06:45
StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.
Woohoooo!! How long did it take you to achieve this?
The more your practice, the more you learn.
forex_trader_2237169
Mitglied seit Mar 14, 2021   36 Posts
Jun 28, 2021 at 07:00
ele020 posted:
StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.
Woohoooo!! How long did it take you to achieve this?
Over eight months
Elena Triston (ele020)
Mitglied seit Apr 15, 2020   219 Posts
Jun 29, 2021 at 03:46
StrategyCapitals posted:
ele020 posted:
StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.
Woohoooo!! How long did it take you to achieve this?
Over eight months
Your strategy must be divine then, because generally it takes atleast 5-6 months of practice and learning to understand trading thoroughly.
The more your practice, the more you learn.
Mitglied seit Aug 26, 2020   78 Posts
Jul 02, 2021 at 06:39
Forex can really become a successful business for you, if, of course, you can figure it out.
Mitglied seit Feb 20, 2021   13 Posts
Jul 02, 2021 at 09:39
Any job or business which is legitimate in money making is a decent business. Forex involves straight forward business skills and knowledge to make money. So for sure, it is a decent business.
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