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.
Dec 31 2020 at 17:13
True. Learning is the most important aspect for success in trading.
I am happy while trading forex and earning enough profits out of it.
In the Forex market, if you trade competently and sensibly, taking into account all the points that you need to know, you can make good money
Well I agree. Nothing comes for free an so is the case with forex. Need to put a lot of efforts, learning and practice out there in order to generate returns in forex.
On my case, I blew a couple of accounts. 😆 But I know it would be worth it. Just keep on learning from your mistakes. Make the necessary adjustments as your learn more.
Trading is a marathon, not a sprint.
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.
Depending how much strategy you have used in the trading, but yes it is a good return in short term
Jan 05 2021 at 10:56
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.
Jan 10 2021 at 19:42
Yes. making money from this market is very simple. You need to have proper knowledge and experience. With your knowledge and experience, you can make a profitable plan and make money from this risky market easily.
cardigan posted:And long term too?
Depending how much strategy you have used in the trading, but yes it is a good return in short term
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.
Trading forex can be difficult but it is not impossible to do so. It requires a certain skill set and a lot of knowledge. Without it, a trader will not be able to survive the market.
Feb 10 2021 at 09:34
That's right. Expert traders make some good amount of returns from trading forex. There is a lot of scope with it if you have the knowledge and skills to trade.
Yes it is, but only those who are serious about this field, get good returns here. Being consistent with your earnings is the most difficult part though.
Yes, one has to be passionate about making wins in the particular field, be it forex or any other. If someone is taking the play lightly, then there's hardly a chance that goals will be achieved by him.
Feb 11 2021 at 08:05
If you approach trading wisely, you can really get a good income, which is why I started using copy trading RAMM from Amarkets and started earning at the professional level.
Mar 11 2021 at 03:58
Yes, that is right. There is a lot of possibility of returns in forex. All you have to do is work hard and gain some experience.
Mar 11 2021 at 08:13
Yes it can be a good return but only if the trader is consistent and have willingness to learn. but that alsso does not guarantee profit
