Is trading hard?

Jan 03, 2021 at 07:20
5,966 Angesehen
161 Replies
Mitglied seit Jun 06, 2022   14 Posts
Jun 07, 2022 at 02:21
There's a reason roughly 90% fail.

As one of the few to survive over seven years of trading forex now, and even longer for stocks, compared to the 7+ billion people.

 Every person who tried to get started after seeing me trade that I knew quit.
Protect against loses and the profits take care of themselves.
Mitglied seit Jun 02, 2022   23 Posts
Jun 10, 2022 at 09:37
Pretty hard, I must say! Only a very small percentage of traders are able to make money through forex trading. You may feel that you have studied well and now you will be able to make money. But nothing such happens in reality and there are only a few instances when you will be able to make any money.
Mitglied seit Jun 02, 2022   20 Posts
Jun 14, 2022 at 12:52
Trading forex may seem hard and complicated initially. And the market being extremely volatile can make anticipation of the market movement tough. It can cause you a profit or a big loss. Have caution.
However, if you understand the market well and have deep knowledge about the market, then you can surely make enormous money by forex trading.
Mitglied seit May 24, 2022   17 Posts
Jun 16, 2022 at 10:48
Yes, that’s true. Trading forex is hard and the fact that you may or may not win makes it more difficult for traders to keep faith in the market. The moving nature of the market makes it extremely tough for new and old traders to trade in the direction of the market. And because you cannot always be accurate with your predictions, it’s truly a tough business to do.
Mitglied seit Jan 11, 2022   45 Posts
Jun 17, 2022 at 06:05
Forex trading is difficult because the market is volatile, but your knowledge and skills will undoubtedly assist you in making money.
Mitglied seit Jun 17, 2022   3 Posts
Jun 19, 2022 at 20:14
Depends on what the purpose is. “The goal of a successful trader is to make the best trades. Money is secondary.” Alexander Elder
Mitglied seit May 18, 2022   24 Posts
Jun 21, 2022 at 09:23
There's a lot of risk involved in trading. But the payoffs can be enormous. Making money is simple if you know how the market works and possess extensive knowledge.
Mitglied seit Jun 02, 2022   24 Posts
Jun 27, 2022 at 04:24
Money can never come easily to anyone. You have to work hard to fill your bank accounts. Trading is no different. If you are ready to take risks and overcome them with your knowledge, you will surely have a great time at trading and making winning trades.
Mitglied seit Jun 28, 2022   21 Posts
Jun 28, 2022 at 09:30
It certainly is. However, with focus and determination, one can comprehend forex trading. A trader must act rationally when trading because a simple error can result in a trade loss. So, if you trade with proper market analysis and a good understanding of technical indicators, nothing will seem harder in forex.
Mitglied seit Feb 15, 2022   219 Posts
Jun 28, 2022 at 14:31
LeviSievwright5 posted:
Yes, trading is very tough but Proper Knowledge and Money Management make trading easier.

You are right; knowledge is the key here & that’s why good skilled traders are making money here, where others are struggling! Without proper knowledge, Forex is so much risky!
Mitglied seit Jul 03, 2022   4 Posts
Jul 04, 2022 at 12:30
It`s not hard physically, but mentally and emotionally it is. But name me a job that isn`t hard;)
Time goes, you say? Ah, no! alas, time stays, we go.
Mitglied seit Feb 15, 2022   219 Posts
Jul 05, 2022 at 11:01
The big decision of any business is its investment and traders should know quite alone how to operate it. As it’s a big step, don’t let it go bust with your mistakes. Once an investment goes bust, it not only causes his capital to lose but also discourages him.
Mitglied seit Jul 13, 2022   19 Posts
Jul 21, 2022 at 06:35
Forex trading is challenging to begin with because you have little knowledge about it. Once you begin practising on your own and sign up for a demo account with a broker, trading is not difficult unless you practice with consistency. The biggest risk in life is not taking any risks.
Mitglied seit Jul 19, 2022   24 Posts
Jul 22, 2022 at 09:54
Very hard, I must say! You may have a proven strategy but still you may fail. What’s even worse is not being able to find an issue with your strategy. It requires nothing more than experience for a trader to do the right thing.
Mitglied seit Jul 19, 2022   22 Posts
Jul 25, 2022 at 06:32
It is hard to trade forex because it is challenging to anticipate the next step. In the currency market, there are no shortcuts. The market's high volatility and unpredictability may give the impression that forex trading is difficult. However, if a trader has enough expertise, forex trading is easier for them and there are fewer chances that they will lose.
Mitglied seit Jul 26, 2022   49 Posts
Jul 27, 2022 at 04:28
I won't claim that trading in forex is simple. You can survive in the market for a longer amount of time by regular practice and consistency. Trading won't be as difficult for you as you gain experience, but learning should never stop in forex to survive for a long time.
Mitglied seit Aug 17, 2022   39 Posts
Aug 19, 2022 at 04:50
Everything seems difficult at first but once you start learning and practising then with time your knowledge increases and your skills get upgraded, then it won’t seem too hard to trade.
Mitglied seit Aug 17, 2022   45 Posts
Aug 20, 2022 at 05:28
Trading can be hard sometimes because you have to handle the potential of the losses, which can affect both your mental and physical side. The best practice is to acknowledge the loss and learn from your mistake and act on how to improve that mistake. When you do that, you'll see that it gets a lot simpler to deal with the situation.

Mitglied seit Aug 17, 2022   80 Posts
Aug 23, 2022 at 04:31
Initially I used to feel that trading was hard as I did not had the skill set to perform well but by learning steadily it gave me more confidence and clarity.
Mitglied seit Aug 08, 2022   20 Posts
Aug 24, 2022 at 10:48
Truth to be told! Yes, forex trading is hard because it is a dynamic market that is highly unpredictable. There are no shortcuts or fixed strategies to become successful. However, it is not impossible. You need to be consistent with learning and understanding the ways of the market. It is hard, yet with consistent learning, it is possible to become a profitable trader.
Anmelden / Registrieren to comment
You must be connected to Myfxbook in order to leave a comment
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.