Forex is profitable ?

Question: Forex is profitable?
Answer: No.

As long as there is favourable moment to trade, it is an oppotunity for us to make profits.

Nasrul_Swing posted:
Question: Forex is profitable?
Answer: No.

Yes, it's profitable! like in any human activity trading is governed by 20/80 rule (Pareto rule), meaning for those who try 20% are in profit (successful) and 80% are not in profit (Nasrul)... This could be seen from the stats fx brokers are obliged (in the EU) to publish on their sites - some 75-85% lose money... You task, Nasrul, as a trader to be in those 20%... or hire a pro / copy good signals etc

The best answer is no as majority still loss than profits (based on statistics).

To become profitable trader, just follow these 3 simple steps:
1. Proven technique.
2. Every trade have Stop Loss and Take Profit.
3. Wise Money Management.

Even most of us know these 3 simple rules, yet it difficult to follow.

tacet posted:

Nasrul_Swing posted:
Question: Forex is profitable?
Answer: No.

Yes, it's profitable! like in any human activity trading is governed by 20/80 rule (Pareto rule), meaning for those who try 20% are in profit (successful) and 80% are not in profit (Nasrul)... This could be seen from the stats fx brokers are obliged (in the EU) to publish on their sites - some 75-85% lose money... You task, Nasrul, as a trader to be in those 20%... or hire a pro / copy good signals etc

Nice

FrankHo posted:
Greedy and lack of the intention to study is the main reason that you fall into a scam.

Exactly, those two are the main reasons. A person has to be very well updated on the research part if he wants to be safe against such scams.

In short, Yes it is profitable. 😄

I actually do not see the need for the question in the first place

It's not profitable at all it's full of risks, everywhere SCAMMERS are waiting to rob your money
Selling ice cream is more profitable than Forex trading

It's profitable only those who are really know how to trade

GlobalScalper posted:
It's not profitable at all it's full of risks, everywhere SCAMMERS are waiting to rob your money
Selling ice cream is more profitable than Forex trading

It's profitable only those who are really know how to trade

This is why, manual trading is the Best! In addition, all of the successful traders are using their own system; no way with others plan!

Yes. Forex is a very profitable business if you have proper knowledge and skills about trading.

GlobalScalper posted:
It's not profitable at all it's full of risks, everywhere SCAMMERS are waiting to rob your money
Selling ice cream is more profitable than Forex trading

It's profitable only those who are really know how to trade

That’s true. One of most common reason to lose money in trading for scam brokers.

according to me, any kind of business can be profitable if there is focus commitment and discipline , i think you will understand , thank you .

yes discipline is really important and more important is to keep patience , because success in Forex is a long time approach thats why we need to make sure this habit first of all.

in Forex trading the expert trader is a trader who can predict the real faction of this market with certainly, as a newcomer its a very good wish but sho0uld be practical, move on step by step.

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.

there are profitable people. but I am also looking to copy. but almost all holes

it can surely be profitable if you get your research, knowledge and tactics right.

Gracewilson1995 posted:
it can surely be profitable if you get your research, knowledge and tactics right.

Very true. As I said it in another thread, you will need to have a proper research and understanding and knowledge to make a right and profitable return else it will never gonna happen.