Is trading hard?

When you are new at Forex trading, it should seem hard to you. But you have to recover from the fear overtime. Otherwise it will create hurdle in the way of your trading. Make your own trading strategy and keep developing it on a daily basis.

I can trade for you by profit sharing. If you agree, knock me here.

Gewgaw posted:
Forex trading is not only hard but a risky business. A trader needs to be very careful while trading. Like any other business, it needs a deep understanding of the market and a well calculated trading plan.

For me, Forex trading isn’t the easy option to make money! I have been doing Forex trading since 2016 but till now I’m not happy on my own trading skill! Here I’m making near about 68% success ratio although I use both, technical & fundamental analysis!

davemack posted:
I totally agree. There are many people who claim forex trading to be easy and one can easily make profit out of it. They are all scams and a trader should know that.

I totally agree! And lack of knowledge is the main reason for new traders being scammed.

UweMoench posted:
Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.

That’s true, there is nothing like easy way of money making in Forex! More than 95% traders are unable to earn consistent money here! So, new traders need to focus on their learning process so keenly! Even, pro traders are unable to make more 80% success ratio!

Trading is hard when the market remains out of its general behavior. This is how the market frequently behaves. Under this circumstance, a trader should trade very carefully to avoid losses. Controlling greed is the toughest job in trading that maximum traders can control in the end of the day.

UweMoench posted:
Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.

For sure it is.

The actual aspect of it seems simple, but the psychology part is the hardest.

UweMoench posted:
Of course trading is hard. Trading is a high rewarding work. High reward doesn't come easily. A person needs deep knowledge and understanding of the market to be profitable. He also needs very strong mind set.

Forex is a psychological game! So, if you want to follow your greed, then surely you’ll suffer! There is no way to make quick money in Forex! Money management is the obvious rule here, no way to ignore!

Yes, forex is very hard but you can make it easier with good knowledge and money management.

Well, it depends on your knowledge, it seems hard to those with lack of trading knowledge while easy for those who understands the market well.

Trading isn’t hard, but it isn’t easy either. You need to have a strong mindset, strong knowledge of the market, good analytical skills and have to put in your time and efforts.

Trading is hard for those who are not familiar with the nature of the market. They don’t have the right approach of trading, a better strategy. For those who are suffering this issue should not frustrate rather they should keep practicing to develop themselves. Talk to professional traders, if possible, to develop trading.

Whether trading is hard or not depends on the market condition. Traders should avoid trading in critical conditions because such untoward situation can carry loss for a trader. Traders don’t understand the actual market trend that cause problem in trading.

Definitely it is and the hardest part is the emotional aspect if it dealing with losses when you've traded according to your strategy

Forex trading is a risky business, but this is a very potential business, and many traders like this business and keep involved in trading and learn how to make consistent profit here, maybe not be easy for some traders, because this also depends on skills in trading, the risk remains in forex trading business but we can control the risk start from the beginning to invest money in account trading.

Davidwise posted:
Those who find trading hard should stop it right then and there. Trading isn’t hard, but it’s the mindset with which a person is trading that makes it hard. If someone is passionate about trading and is willing to go an extra mile to learn its concepts properly would never say that trading is hard.

So you're telling that trading is easy?

Yes, definitely forex trading is not a piece of cake for anyone. It’s quite tough especially for beginners. Forex trading has no shortcuts and you need to be patient and highly determined throughout your trading journey. Most of the forex traders are not able to earn money consistently because they lack adequate information and rely on some shortcuts and get themselves scammed too. When you start trading, make sure you have covered all the basics, fundamental, and technical analysis yourself and also you have to develop a trading strategy that suits you the best. I know it’s a lengthy process but there are no shortcuts to success and there’s no way out you can make money quicker.

Trading is not easy i agree but for people who think about forex as a get rich quick scheme and lose money in the end, it is definitely hard for those.

For me, trading is a very time-consuming process. I need a lot of time to concentrate on the analysis and find the right solutions. I'm not the kind of trader who finds it easy. But I know those who solve these problems much faster than me