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Forex game is not business
Jan 20, 2021 at 07:43
Miembro desde Apr 01, 2020
posts 231
Forex is not the name of a game or a tide. It is a business of international standard. Forex means foreign exchange. Forex is the international foreign exchange market. Countless people around the world are involved in this business. Where its daily turnover is more than 6 trillion US dollars. The only competitor in the forex market is the American Stock Exchange. Of this, about 30 billion is transacted every day, much less than Forex. So many people think it's a gamble, which is not true. It has created an alternative income path for some people as a professional or part-time job.
Miembro desde Mar 16, 2021
posts 477
Apr 18, 2021 at 22:06
Miembro desde Mar 16, 2021
posts 477
UweMoench posted:Yes, you are right. I have to work hard to learn forex trading and the most important thing is to control psychology.
Trading is not an easy job. The most important thing to develop is your psychology, if you cannot keep cool when your position is loosing money and make decisions based on facts rather than emotions you don't stand a chance.
Apr 19, 2021 at 09:25
Miembro desde Dec 28, 2020
posts 187
Dictiony posted:Yes Forex is not a game or gamble. In this time of pandemic where a lot of people are losing jobs, Forex has emerged as a great platform where people are taking it as a good path for income.
Forex is not the name of a game or a tide. It is a business of international standard. Forex means foreign exchange. Forex is the international foreign exchange market. Countless people around the world are involved in this business. Where its daily turnover is more than 6 trillion US dollars. The only competitor in the forex market is the American Stock Exchange. Of this, about 30 billion is transacted every day, much less than Forex. So many people think it's a gamble, which is not true. It has created an alternative income path for some people as a professional or part-time job.
Miembro desde Jul 23, 2020
posts 869
Miembro desde Jul 20, 2020
posts 399
Apr 20, 2021 at 06:50
Miembro desde Jul 20, 2020
posts 399
LyudmilLukanov posted:
Gambling is not the best way to trade proper analysis and strategy are needed for real trading.
Completely agree. You need to find a set of rules that have the statistical edge in your favour. Once you execute and control your emotions you will be profitable
Apr 20, 2021 at 07:18
Miembro desde Apr 15, 2020
posts 219
Dictiony posted:
Forex is not the name of a game or a tide. It is a business of international standard. Forex means foreign exchange. Forex is the international foreign exchange market. Countless people around the world are involved in this business. Where its daily turnover is more than 6 trillion US dollars. The only competitor in the forex market is the American Stock Exchange. Of this, about 30 billion is transacted every day, much less than Forex. So many people think it's a gamble, which is not true. It has created an alternative income path for some people as a professional or part-time job.
It is not a gamble.. I agree with you, but people treat it as a gamble which will make them rich over night and eventually end up loosing everything... Its such a shame
The more your practice, the more you learn.
Miembro desde Sep 12, 2017
posts 238
Apr 20, 2021 at 08:06
Miembro desde Sep 12, 2017
posts 238
true that, forex is not a gamble but a game of understanding and learning on daily basis. thinking that a study of few days will be enough for trading then it is a stupid thought. There are others who think the luck will favor them but that is also not true. all those who thinks its a game dont play in the real for long
Miembro desde Jul 23, 2020
posts 759
Miembro desde Aug 27, 2017
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Miembro desde Mar 17, 2021
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Miembro desde Jun 22, 2020
posts 77
May 03, 2021 at 04:39
Miembro desde Apr 15, 2020
posts 219
first_time posted:I like the simplicity of this statement.. its 100% true, forex is technique and art both that a traders needs to understand and practice both.... Alone understanding wont help neither practicing aimlessly.
Let's make it simple - Forex is not a game or something that you can gamble away.
The more your practice, the more you learn.
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