Forex is a decent business

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.

Dictiony posted:
Forex is a decent money-making business and you can make a huge amount of money with it. But always remember if you have knowledge about it it will difficult for you to become a pro trader so learn and understand what is forex and how to trade is very important.

Yes, of course, it is very important to learn Forex trading. It is not possible to make money in trading without gaining knowledge.

Not only in forex, all business need to learning, anyone that want to driver they need to trained how to drive, if want to cook they need to learn how to cook, in forex if want to become trader also need to learn how to trade, this is basic information, but ins and out of forex is very complex, how to trade well and profitable need experience and good skill, first-time trade I use cent account FXOpen to learn, but now already move to use STP account

I quite agree that you can never be a good trader if you have lacked of knowledge and skills. Always be patient and never lose your hope to win.

Due to the fact that you have little knowledge, you cannot precisely control your trade and understand everything from start to finish.

Before opening any trade, test your strategy on different time frames that helps you to predict the trend.

thespreader posted:
Before opening any trade, test your strategy on different time frames that helps you to predict the trend.

Yeah right buddy! I also do the same.

according to me, every business is decent if you have real knowledge including a good money management. if not any place could be dangerous.

What do you mean forex is a decent business? I bought all my homes and cars trading.

For consistent earning in forex trading, one needs to be skilled and experience. Price always change it's pattern. If you are not skilled enough, you are gonna lose money.

StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.

Woohoooo!! How long did it take you to achieve this?

ele020 posted:

StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.

Woohoooo!! How long did it take you to achieve this?

Over eight months

StrategyCapitals posted:

ele020 posted:

StrategyCapitals posted:
What do you mean forex is a decent business? I bought all my homes and cars trading.

Woohoooo!! How long did it take you to achieve this?

Over eight months

Your strategy must be divine then, because generally it takes atleast 5-6 months of practice and learning to understand trading thoroughly.

Forex can really become a successful business for you, if, of course, you can figure it out.

Any job or business which is legitimate in money making is a decent business. Forex involves straight forward business skills and knowledge to make money. So for sure, it is a decent business.

Trading is easy only if you have good knowledge, skills and mental capabilities. It's designed in a way so that not everyone can make money. Most people want to make money here with least knowledge and skills.