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Forex is good in terms of return
Dec 31, 2020 at 13:19
Miembro desde Jul 19, 2020
posts 749
Forex is good in terms of return it gives if you are skilled trader. Otherwise forex trading is the most difficult job in the world. You have to be enough knowledgeable and skilled. And the psychological aspect of trading makes the trading more difficult.
Miembro desde Jul 23, 2020
posts 696
Miembro desde Aug 27, 2017
posts 84
Miembro desde Sep 15, 2020
posts 20
Jan 05, 2021 at 08:12
Miembro desde Sep 15, 2020
posts 20
Yes, forex trading gives good returns because of its volatility and leveraged product, but only skilled and knowledgeable traders will win in the long term.
It's hard to keep consistent profits for the long run.
And it's a stressful job.
It's hard to keep consistent profits for the long run.
And it's a stressful job.
Miembro desde Nov 24, 2020
posts 14
Jan 05, 2021 at 10:56
Miembro desde Nov 24, 2020
posts 14
That is right. Without proper knowledge of forex, it is very difficult to trade. Every trader should also have a proper trading mindset for achieving some level of success. The returns are achievable at times and sometimes even getting 1% of overall profit is difficult. Since trading forex is risky, getting any amount of return feels like an achievement to me. I trade with some cost effective and low spread brokers that fulfil my trading needs.
Miembro desde Jul 19, 2020
posts 283
Miembro desde Aug 27, 2017
posts 84
Jan 12, 2021 at 13:49
Miembro desde Aug 27, 2017
posts 84
That's where consistency comes in. You can be making 100% a month for 6 months or maybe years then loses 100% in a day. Bye capital.
What you need is a good strategy that can possibly give a consistent return. It would always be better to go with the side of cautiousness and lower profit but safe capital than with aggressiveness with huge returns but could lead to a blown up account.
What you need is a good strategy that can possibly give a consistent return. It would always be better to go with the side of cautiousness and lower profit but safe capital than with aggressiveness with huge returns but could lead to a blown up account.
Trading is a marathon, not a sprint.
Miembro desde Dec 01, 2020
posts 16
Miembro desde Nov 03, 2020
posts 63
Miembro desde Sep 12, 2017
posts 232
Aug 03, 2021 at 06:00
Miembro desde Dec 28, 2020
posts 167
croisssan posted:
Also, do not forget that forex can help and lose money. Here everything depends only on the trader himself.
Yes, profit or loss in forex depends upon a trader’s psychology, his willingness to learn and the time he dedicates to practice.
Aug 03, 2021 at 07:22
Miembro desde Jul 07, 2021
posts 40
Forex trading can indeed lead to great returns, but it is important to avoid thinking that it is so easy and quick to attain. The truth is that it takes time, plenty of work such as by carrying out careful analyses, and you also need to be responsible in your trading by setting certain limits in terms of risks and money management.
Miembro desde Aug 10, 2021
posts 172
Sep 13, 2021 at 01:05
Miembro desde Aug 10, 2021
posts 172
While it is easy to put things on paper and plan while outside the market, getting into the market and implementing your plan really tests your ability and capabilities. Your first plan can be made better if you take market experience into account, since with experience you can overcompensate for any deficiencies.

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