Investing in Forex

newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

Oliver3634 posted:
This is the best place to start making money without investing heavily.

I agree. Invest small and learn the way of trading effectively.

forex is not a safe invertment. you trade you earn. no broker gives you interest for keeping money in the account.

If you are a new trader, please don’t be scared because of this statistic! Just concentrate on your learning process!

emotions only things that can make you loser in real life even trading life. generally we traders choose with our broker emotionally . and trade emotionally most of the time.

You can invest in forex after you get a complete picture of how the forex itself works.

Elias64453 posted:
You can invest in forex after you get a complete picture of how the forex itself works.

Yup and for that one should spend a good time on learning all about it and shouldn't rush to start forex trading as soon as possible. Until you don't get your facts right about forex, you won't be able to trade well. So Learning is the key!

investment in forex should be done only after the proper research and practise.

Forex trading is getting popular day by day. You can make money by trading foreign currency. It can be a good source of income if you can learn the art of trading. To acquire the knowledge and skills you need to study a lot.

All transactions in the foreign exchange market take place through platforms that provide brokerage services

People here want to make lot of money in a short time. As a they are more interested in trading than learning. But knowledge and skills comes first. They are not ready to understand it.

When I first opened a trading account I was anxious and nervous. I worried that all the money I had sunk into it would be wasted. Once I actually figired out wjay I was doing, I'd say it was rather exhilarating and seeing a large profit increase made it all worth it in the end.

Forex is a great investment for traders that have good skills, or if they type an investor trader, looking profitable manager PAMM is one way to make money without trading use own hand, investing forex need to obey golden rules just to spend money that affords to lose.and looking trusted broker also important

FXOday posted:
Forex is a great investment for traders that have good skills, or if they type an investor trader, looking profitable manager PAMM is one way to make money without trading use own hand, investing forex need to obey golden rules just to spend money that affords to lose.and looking trusted broker also important

You're right. I totally agree with you.

Forex investment is not like any other investment where you put the money and expect the price of that particular asset to go up. In forex, you invest the money for trading and buy the currency pair if you think the price of the base currency will increase against the quote currency and sell the pair if you think the price of base currency will lower.

Not even forex, but all other professions also require training. This is true of every task in the world! Why would it not be true for online Forex trading? There is no such thing as a “guaranteed system” that will enable you to make risk free profits. Instead, a strategy will provide a general set of rules that will serve as guiding principles as you navigate the highs and lows of the markets.

@AlanSolarsh Yes training is very important for forex. Without psychological and technical knowledge it's not possible to make money in forex market.