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Forex game is not business

Dictiony
Jan 20 at 07:43
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.

beltvurm
Feb 15 at 04:37
posts 13
That is right. I am glad you took the time to explain this here. A lot of newbies can benefit from this information, thanks.

UweMoench
Feb 16 at 12:21
posts 635
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.

Tremblay
Apr 18 at 09:26
posts 330
UweMoench posted:
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.

Yes. You are right. If you don't have proper knowledge you can lose all your money in this risky market.

Ferdii
Apr 18 at 13:11
posts 20
I would also add not only knowledge, but also the attitude to trade, because it directly depends on whether you lose your money or not.

WaltonCharles
Apr 18 at 18:58
posts 128
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.

By gathering good trading knowledge from a secured platform, you can earn a lot of money.

LukeRachel
Apr 18 at 22:06
posts 364
UweMoench posted:
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.

Yes, you are right. I have to work hard to learn forex trading and the most important thing is to control psychology.

Mohammadi
Apr 19 at 07:29
posts 886
its a business where we take as money making machine. but with no knowledge and experience there is no way to survive successfully

Sar John (Sarjohn)
Apr 19 at 09:25
posts 187
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.

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.

Akasuki
Apr 19 at 12:47
posts 334
Yes forex is not a game to gamble. It's a business that needs deep understanding and skills to get success. The earlier a trader will understand it the better for him.

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