Forex is a business

Yes, forex trading is a big business, which comes with both earning opportunities and risks attached. Those who are able to minimise risks and tap every opportunity to their benefit, earn well here.

tts_markets posted:
Most investors are convinced that the whole exchange trade is a high-quality game and that the tables can be turned at all times. Profits are a pure chance for them. An expert trader always regards Forex as a company where loss is an unavoidable part. Losses incurred in any company are natural. But it makes the difference to understand that you should lose a little to gain a lot

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TRading is a risky business too and your morale should not get down by experiencing a loss on trades

Joz8 posted:
Yes, forex trading is a big business, which comes with both earning opportunities and risks attached. Those who are able to minimise risks and tap every opportunity to their benefit, earn well here.

How to minimize the risk?

In reality, if we relate to forex to business, then the result will be appropriate.

Forex can make a lot of money. So every trader should create a trading strategy according to the rules. Forex can be a profitable business if you can trade by acquiring Proper Knowledge.

Well, forex is a completely different world of trading and every trader is an essential part of it. Better than a business, I’d say.

I also agree. Forex trading is a serious business. It requires time to achieve success. So, traders have to be patient.

Traders need to be discipline, patient in order to execute their plan properly. Many fail to execute the plan and lose.

in Forex for learning Forex trading in a proper way we the traders always focus on learning , its okay , but any kind of learning can be useless if there is no focus, generally we dont believe the importance of demo account.

Mohammadi posted:
in Forex for learning Forex trading in a proper way we the traders always focus on learning , its okay , but any kind of learning can be useless if there is no focus, generally we dont believe the importance of demo account.

Learning forex trading is very necessary to make money.

'Is it possible to make money on Forex?' - is the central question that worries all the newcomers in this field. But to make the first income, it is necessary to understand the essence of the project. Earnings on the site are based on the purchase and sale of foreign exchange resources. That is, the idea is to buy assets to resell them at a more favorable value. For this procedure to bring a positive result, it is essential to close the deal in time and wait for the right time to sell.

The forex market was created in order to make money, but this type of activity is not suitable for everyone.

So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.

Forex is a business area where you can make very good money, but if you follow the rules of the game.

Starcliff posted:
Forex is a business area where you can make very good money, but if you follow the rules of the game.

Please tell me what the 'rules of the game' are?

Starcliff posted:
Forex is a business area where you can make very good money, but if you follow the rules of the game.

I agree with you. This is a money making business.

Unellene posted:
well, for some traders this is just a hobby, do not forget about these

My brother used to work for a large software firm (https://www.techloyce.com/sugarcrm-training/) that developed FX trading platforms for investment banks and other financial institutions. For someone who doesn't have any money in the FX sector, he learned a lot about it. The following is the one statistic that struck out to me:

Yes Forex is a business but unfortunately many people take it as gambling. Most of them do not have enough knowledge and skills to make money. So they gamble.

Forex is kind of investment business if you know how to do it. If you don't have enough knowledge and skills, you would end up gambling.