Forex game is not business

its a professional business right now in the present world , you can take this platform as scam or a good business , both of your own choice , thank you

Forex is amazing , its all we know , it can be amazing in your life if you can acquire good knowledge and experience with a reliable support from a credible trading broker , thats all.

You can earn money from Forex trading if you can acquire most powerful analyzing trade knowledge , on the other hand , despite of good trading knowledge that’s not possible at all to lead a profitable trading life without having a reliable support form a credible trading platform, because the broker can affects the result of our trading with certainly.

Forex market or forex trading i think is completely secure but it depends on your broker performance , because without a broekr you cant a trade at all.

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, every trader must maintain psychology. I never want to get out of a trading mindset and enter a trade.

Yes forex is a real business, but this can do at home, in a pandemic situation in the world, where there are so many people who fear to move out on the crowd, forex trading is one business that not affected by this condition because we can work from home, sitting in front of the laptop and have more time for family, in addition, is already making money through forex business, will become happy family because has more time for the kids, I alone treat forex as the main business now because enforced by condition.

Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

williamhayes posted:
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading with FXTM, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

It is quite interesting to see that forex is being compared to business, but I think just like business, there is always risk involved while spending money on capital or budget that you wish to prepare. But yes, gambling is a complete pure luck while Forex depends on your skill and hard work

it can never be a full time business. with trading we always need a back up

Trading is not an easy job and it needs a lot of hard work and motivation. Most of the traders fail in forex because they have no plan and money management.

williamhayes posted:
Forex surely can be compared to business, there are risks involved in it like in any kind of business. One has to make projections and accordingly fix targets. However, what I don’t get is how anyone can compare forex to gambling. Gambling is pure luck! And in my sagacious experience of trading, I know for a fact that luck will take you nowhere when you are trading. You need to work hard on developing a workable strategy and execute it to the T.

Forex is a profitable business. If you have proper knowledge, you can make money easily.

Indeed forex trading is profitable but if you think you can quit your job and invest your life time saving in forex and start a new carer then let me enlighten a couple of things

1. Never invest in trading without a good amount of experience and knowledge
2. Never depend upon trading to pay your bills and other basic necessities.
3. Forex can increase you income but cannot be an only source of income
4. You need years of experience, skills and trading knowledge to become a pro trader who can depend upon trading for his life and family.

The best thing about forex trading is that you can do it from anywhere in the world using your phone or computer, and it is also very easy to get access to the market.

Making profit from the market is not a simple task. You have to take in the fundamental abilities and learning. You have know the all sort of markets i.e. uptrend, downtrend or sideways. What's more, for each market we require refine our procedure.

I use every day.

wat do u mean?

Forex is not a game. It's a serious business for serious people. It requires a deep understanding of the forex market to make regular money.

Forex trading can be considered a business because it provides leverage. It acts like an already established and reputed business and allows you, the trader, to massively increase your borrowing power. However, increased borrowing power translates to major financial risks – so be careful!

The people who take forex as a game are the same people who increase the percentage of failures in forex trading. Then these people discourage other traders.
If you want to be successful in trading, take it seriously otherwise don’t even start.