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profits in forex trading

richardmarcus
Feb 16 2021 at 04:48
posts 104
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
UweMoench
Feb 16 2021 at 12:20
posts 751
Trading forex is complex and requires a level of patience that is off the charts if you want to be extremely successful. When you first start trading, the amount of patience required is beyond most people's understanding. You can't gain that level of patience unless you have experience. You can have all the trading talent in the world, but w/o experience you are at a disadvantage to a more experienced trader.
ddarko3
Feb 17 2021 at 07:34
posts 70
richardmarcus posted:
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Yes I have been making profit, but you cannot just say that without expecting any learning or knowledge. You will need to know more about not just forex marketing, but paying attention to charts and indicators that is implying either bullish or bearish.
blixtpiece
Feb 26 2021 at 10:12
posts 45
People make profits in the forex market. There are no hard and fast rules that you need to follow.
richardmarcus
Mar 01 2021 at 04:53
posts 104
blixtpiece posted:
People make profits in the forex market. There are no hard and fast rules that you need to follow.
ahan... but i have heard when people go live they are not able to generate as much profits as compared to demo accounts
lovefortrading (perryjohn765)
Mar 01 2021 at 07:53
posts 238
richardmarcus posted:
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Yes people do generate profit..there is no shortcut or fixed time line for that. they can make $100 in 10 trades and on the other hand lose $100 in just 1 trade.so winning and lossing are part of the game..
Tremblay
Mar 01 2021 at 08:17
posts 330
I consider forex as a business. It is also a business like other businesses. But the distinction is the vast majority of traders in forex take impulsive decision. This is the thing that make the forex business unsafe. If you take after the tenets of risk management and can control your emotions you can get colossal achievement around here.
Michihito
Mar 02 2021 at 05:00
posts 298
Most traders think that trading is all about strategy. They look for it everywhere. They think there is one strategy that will make them rich. They never try to understand that the success of a strategy mostly depends on the individual it's using. Strategy is just a single component of successful trading.
UweMoench
Mar 02 2021 at 05:33
posts 751
The foreign exchange market promises so many possibilities to the trader. Many people may be interested in the forex but are only afraid to take the first step. This attitude should be turned around. Just have a good vision, take the necessary steps and make the forex venture a success.
richardmarcus
Mar 02 2021 at 05:43
posts 104
Tremblay posted:
I consider forex as a business. It is also a business like other businesses. But the distinction is the vast majority of traders in forex take impulsive decision. This is the thing that make the forex business unsafe. If you take after the tenets of risk management and can control your emotions you can get colossal achievement around here.
yea patience is always good in any kind of business and trading always require some kind of patience
yana hansen (78678676)
Mar 02 2021 at 07:58
posts 137
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.
triticieek
Mar 22 2021 at 09:51
posts 35
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.
Greenwood
Mar 22 2021 at 10:58
posts 13
triticieek posted:
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.

That is true to some extent but do not underestimate the time it may take to learn and make profit. It can take many years
LyudmilLukanov
Mar 22 2021 at 14:42
posts 851
triticieek posted:
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.
True. New traders often face hardship in trading.
FedericoLin (FedericoLin)
Mar 22 2021 at 14:57
posts 20
78678676 posted:
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.

I agree, I am doing 'Challenges' with accounts with different deposits and brokers, you can look at them from my profile if you are interested 😁
Experience is the hardest teacher because she gives the test first, the lesson afterward.
AliaDare
Mar 22 2021 at 15:43
posts 788
Proper knowledge is required first when doing the forex market. If it is possible to develop proper knowledge and skills, it is possible to earn a lot of money by trading. I made a lot of losses when I joined the Forex market as a beginner trader but after a lot of research, I am now able to make some profit.
UweMoench
Mar 23 2021 at 13:19
posts 751
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
Mohammadi
Mar 28 2021 at 07:46
posts 886
90% or less doesn’t matter. Mostly loser from here not only due to lack of real market principle, they lose because they try to revenge from here after a huge loss. this is the foremost reason for 95% statistics.
Imamul
Mar 28 2021 at 09:03
posts 740
i dont beieve the percentage , i dont know which organization published this statistic
bluecat (Suhariyani)
Mar 28 2021 at 09:25
posts 3
78678676 posted:
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.
i agree with you hard work for make money from forex market
but i have to get 100% for a month from my capital
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