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profits in forex trading
Mitglied seit Sep 12, 2017
232 Posts
Apr 15, 2021 at 13:01
one can make a good profit in forex if using the skills correctly. Though it wont work 100% of the times.
Apr 15, 2021 at 15:39
UweMoench posted:
Both the fundamental and technical analysis are very important for any trader who really want to make success here he must try his best and be learn how to do the forecast and get what its take to succeed here as well
That's right. The first step in trading is to gain knowledge about analysis. There are different types of analysis, I have to make a profit by applying that analysis. I like to make a profit by trading technical and fundamental. These two analyzes have to be combined.
Mitglied seit Jul 01, 2020
1 Posts
Apr 15, 2021 at 18:58
Truth be told! You making profits with your own capital or with a firm?
Apr 15, 2021 at 23:13
There are so many options to investing in the financial market, if you cant make a profit from forex trading, stocks or crypto trading maybe become another option, forex trading needs more special skill to make money, not every investor trader suitable and make money from here, although there are two edge opportunities, buy and sell might get profit, but the risk also has same portion, even higher risk, because of your emotion and fear.
Mitglied seit Aug 27, 2017
875 Posts
Apr 16, 2021 at 09:29
profit is important but in spite of having good knowledge and experience, there is no way to bring consistent profit if there is no strong money maangement.
keeping patience.......
Mitglied seit Aug 27, 2017
875 Posts
Apr 19, 2021 at 09:45
profit consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.
keeping patience.......
Jun 07, 2021 at 11:13
Loss is inevitable in forex trading. And it gives pain no doubt. Actually no one learn how to accept loss. You have to learn how to overcome loss. Successful traders focus on their risk reward ratio and winning trade percentage. So you should have a well defined trading system that includes everything very clearly.
Mitglied seit Mar 17, 2021
494 Posts
Jun 09, 2021 at 11:09
Adribaasmet posted:
profit consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.
Making profit consistently is not an easy task. If you can make a good strategy you can make consistent profits.
Jun 09, 2021 at 23:46
SteveHanks posted:Adribaasmet posted:
profit consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.
Making profit consistently is not an easy task. If you can make a good strategy you can make consistent profits.
Yes, it is not easy, but possible, learn from good trader maybe will help to make sharp trading skill,
because skill matter in forex to making profit also need supported broker, regulated and low spread broker is more preferable
Mitglied seit Feb 20, 2021
13 Posts
Jul 10, 2021 at 11:36
Yes, you will be able to generate profits if you have a strategy and you know how to use different indicators and trading strategies. If you don’t, you can first learn and then earn in the market.
Mitglied seit Jul 20, 2020
385 Posts
Jul 11, 2021 at 15:13
For sure i agree with above most dont get to the profit stage as they dont handle losses well
Jul 11, 2021 at 20:38
All traders wants to make profit in every day trading, but not all trader able to making profit, because risk also as part in trading, how to making profit in trading required good trading sill in determine entry and exit point, trader can get the best time to entry and exit
Jul 12, 2021 at 12:13
I am still a beginner, but till now I have managed to get a good grasp at least that is how I feel. Profits are not the only goal, I believe you need time and experience first and in time profits can be made too. I prefer to take things rather slowly so as to learn a bit first and then hopefully trades will be better and more successful.
Mitglied seit Jun 17, 2021
9 Posts
Jul 12, 2021 at 12:21
With experience and time the profits will eventually come. Too much focus on profit immediately will just result in over trading
Mitglied seit May 19, 2020
321 Posts
Jul 12, 2021 at 12:31
As long as your trading strategy does not generate a constant income, you should not consider you are a forex trader or any other trader.
@Marcellus8610
Jul 12, 2021 at 22:56
If trader still not yet achieved their goal, the good motivation is don't give up, still many opportunities to make money through forex trading, if not yet ready in real trading account using a demo account, or micro account for low-risk trading
