For a lot of people it's really much better to go to some job instead of learning all that ropes around it and we may need to see what is really happening here anyway. I do not clearly see this but I do love what it is and that's really it.
Jan 23 2020 at 05:41
Jalath posted:Yes, for the people who cannot handle the patience and discipline, forex is out of their league. If it is something that you are passionate about, then you are going to spend most of the time preparing and gaining knowledge.
For a lot of people it's really much better to go to some job instead of learning all that ropes around it and we may need to see what is really happening here anyway. I do not clearly see this but I do love what it is and that's really it.
But I have seen some people who quit their decent job with decent life for forex trading, so anything can happen.
Risk is a common issue in forex market. There is no trader who can trade without any risk. We can not remove risks but we can minimize the risk by studying more and more about forex market. We can also select a good broker to get the guideline of minimizing the risks. I always trade with Tpglobalfx, a regulated broker. They help me to minimize the risk and help to make profit. They are like a complete guideline for me in this risky market.
TeamNotreDame posted:That’s right and in addition to timely entry/exit, I think keeping control on one’s emotions is another tough job to handle in forex. Mostly traders fail here.
Easier said than done. I wish it were that simple but the fact is the timing of entry and exit along with direction make trading very difficult
For some people trading is easy, for some people it is very tough. It is fully depend on the knowledge and techniques trader has. If he can do all the trade very sharply it will be very easy to make profit. But those who can't deal the trade simply with their mind they may face difficulties in forex market. Sometimes some trader feels the trade tough just because of their broker. Broker plays an important role in trading.
practice can make you perfect , but in Fx we practice at random in demo and got nothing ultimately. si, i recommend micro account for practicing.
Earning from the forex is not so easy. A trader needs to have a lot knowledge about forex market. Without proper knowledge, trader can loss all his investment. To earn from the forex surely, there are so many brokers in the market who can assist the trader. They can be the guideline of the trader. I am also a regular trader. I always trade with Tpglobalfx. Most of the time they help me to make profit from my investment. They help me to minimize the risk of loss. So, Earning money from forex is an easy task if you can select a good broker.
every trading business can be a tough game if you don't have much knowledge and experience. so bring good knowledge and earn more money from this market place.
And what's so special about this case, I can give you an analogy with any other business, and if you're banal about everything and you're not ready to take serious and decisive action, then nothing really helps you. And if you have enough courage, then you will be able to cope with any difficulties and be a specialist, in this case in trading.
And I agree that trading is not for everyone, because this business is too gambling, and requires tremendous willpower, I can not say that this is a big problem, it happens, the main thing is to make the right decision in time and not embarrassed about it, it's absolutely normal...
Mar 10 2020 at 17:51
any business is not an easy thing, and it is a fact, the main thing here is to have the necessary attitude so that you can always cope with some difficulties and find a way out of any situation, so that ingenuity and activity will definitely be useful, and of course a positive attitude, I think that without it there is nowhere
as a beginner I started my live trading with 400$; basically I didn’t force myself to arrange money! Since, 400$ was available, I invested that amount willingly!
Mar 12 2020 at 05:50
AmDiab posted:You did a very good thing, 16 years ago, I start with triple of that, and I'm happy for all my journey so far till now, thinking of writing a book about it someday.
as a beginner I started my live trading with 400$; basically I didn’t force myself to arrange money! Since, 400$ was available, I invested that amount willingly!
Mar 12 2020 at 15:50
TeamNotreDame posted:Trading in the forex market is difficult for both beginners and professionals.
Easier said than done. I wish it were that simple but the fact is the timing of entry and exit along with direction make trading very difficult
For sure it's tough, what did you expect? It gives you ability to make a lot of money and then you could make something from it but it's not guranteed, so do not make it your own possible income anyway, it will hurt you in the long run absolutely.
Arthur63265353 posted:I agree with you!
Trading in the forex market is difficult for both beginners and professionals.
Sure it's very tough, and it's business mainly for forex brokers and big stock exchanges worldwide, but not for end person, it's more like hobby for them which MAY give some profit, I hope it's totally applicable to some sense out there entirely and clearly.
Forex is easy if you have the right strategy but tough part is finding a strategy that works
Well, no one ever said that it was going to be easy. Tough times do not last, it is the tough people that do. The ads we see about forex are usually made to attract potential clients. They make forex trading seem so easy. The person in the ad makes money in just 30 seconds without losing. That is not how things work as it turns out.
Forex trading is not hard. it is just complicated. In a sense it seem like some very complex mind game that we are all playing. it is no winder that many traders fail and we all know it and there is no point in denying it. if you do not tame forex then it will tame you and kick you hard.
