The beauty of forex trading

Dec 06, 2020 at 13:32
2,364 Views
36 Replies
Member Since Jul 19, 2020   298 posts
Dec 06, 2020 at 13:32
The beauty of forex trading is you can do it from anywhere. You are your own boss. If you know how to do it, it gives you freedom of time and money. The ugliness is it's the most risky business in the world. You can lose some money even before you understand what trading is. It's not easy as you have heard. You have to be skilled by dedicating yourself to learning and practicing.
Member Since Jul 20, 2020   298 posts
Dec 06, 2020 at 22:51
Forex trading is very popular with me. Forex can gain a lot of profit if the experience is possible. Because it is impossible to survive in trade without trading experience.
Member Since Jul 23, 2020   759 posts
Dec 16, 2020 at 17:44
Trade as a side business or part time job. Even student can trade in forex market.
Member Since Jan 11, 2019   147 posts
Jan 07, 2021 at 13:59
Yes, trading can be done from anywhere but earning profits is not possible in every scenario

Member Since Jan 21, 2021   48 posts
Feb 08, 2021 at 11:25
Beauty of forex is you are your own boss and you can do it from anywhere. But this is not so easy, forex trading demands knowledge, experience, consistency and patience.
Member Since Jul 19, 2020   751 posts
Mar 10, 2021 at 13:07
If you are a day trader it's not possible to make pips everyday. In some days you won't get any trades. You have to sit on sideline bench. If you want to keep a goals make it 3 months 6 months or yearly goals.
Member Since Dec 17, 2020   20 posts
Mar 12, 2021 at 11:05
That is right. You can actually trade anytime you want from anywhere in the world.
Member Since Jan 11, 2019   147 posts
Mar 12, 2021 at 11:24
yes the access from everywhere is the best part. one can earn money (also loose😁) while sitting at home.
Member Since Aug 09, 2017   785 posts
Mar 13, 2021 at 06:44
Only good trading knowledge cannot brings profit regularly. Besides trading knowledge you have to focus on money and risk management which is the key to success in Forex trading.
Member Since Jul 20, 2020   399 posts
Mar 13, 2021 at 17:19
Michihito posted:
The beauty of forex trading is you can do it from anywhere. You are your own boss. If you know how to do it, it gives you freedom of time and money. The ugliness is it's the most risky business in the world. You can lose some money even before you understand what trading is. It's not easy as you have heard. You have to be skilled by dedicating yourself to learning and practicing.

Yes some day soon ill be sitting in the sun trading :) Im from Ireland the sun doesnt come here often lol
Member Since Dec 28, 2020   187 posts
Mar 23, 2021 at 08:47
Yes obviously it is easy to trade, you are not restricted to a place or within a time period still trading is not that easy which we initially think. To become an experienced trader you need to learn a lot of things and you have to on a regular basis.
Member Since Nov 17, 2020   23 posts
Mar 25, 2021 at 04:31 (edited Mar 25, 2021 at 04:38)
George my man, I think automated tools should also be provided by it.
Member Since Mar 19, 2021   9 posts
Oct 06, 2021 at 20:28
I believe that the main beauty of forex trading is that it never ends actually. There is no border at all. You can earn here as much as you can, nobody prohibits you to stay in this activity during the whole life, the matter is a proper money and risk managements. In my opinion, it's the main convenience of forex trading as well as any other kinds of tradding activity. Of course some people sometimes burn out from trading, because it sometimes can be mentally tough to handle the burden, nevertheless in these times market determines who is suitable and who deserves to stay on it further, and who isn't deserved.
Member Since Apr 03, 2021   470 posts
Oct 06, 2021 at 23:39
Yes, of course, the broker has an important role for traders make money, they like as bridge between trader to the interbank market, but not all brokers use Direct Access Market, there are some broker called market maker or dealing desk broker, which order by the client not directly throwing to the interbank market, but held on the desk if no matches price it will requote.
Member Since Jul 27, 2020   102 posts
Oct 07, 2021 at 10:49
Agreed! But it is wise to be prepared to expect any changes in your trading.
Member Since Aug 17, 2021   94 posts
Oct 09, 2021 at 18:29
You can trade anytime and from anywhere in the world. The forex market is open 24 hours a day and i think that is the plus point

Member Since Jun 09, 2021   44 posts
Oct 11, 2021 at 06:25
The beauty of forex trading is in its wide scope of opportunities. You can get to enjoy high liquidity, flexible trading hours and if you know how to consider macroeconomics of the country, you can make some really profitable trade decisions. On the top of that, you can be your own master and work for yourself.
Member Since Mar 17, 2021   536 posts
Oct 12, 2021 at 06:59
marcusobrien posted:
The beauty of forex trading is in its wide scope of opportunities. You can get to enjoy high liquidity, flexible trading hours and if you know how to consider macroeconomics of the country, you can make some really profitable trade decisions. On the top of that, you can be your own master and work for yourself.
Yes. You are right.
Member Since Aug 07, 2020   75 posts
Oct 12, 2021 at 07:12
You need to be able to calculate everything, analyze the market, and if you don't understand, you can use the analytical reviews of Amarkets.
Member Since Aug 05, 2021   401 posts
Oct 12, 2021 at 17:18
The risk is worth it for me because I'm a stay at home mom with 3 kids. I could afford daycare off of my husband's salary to go to work, but probably wouldn't make much money and don't see the point when I can trade from home and be with my kids instead. I love the flexibility and especially not having to worry about things like sick days or planning around vacation since I can decide those things for myself. There's also the added bonus of not having to deal with people because I'm more of an introvert and have had horrible experiences with people when I used to work retail.
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