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.

Yes, it is a business, but profitable only for those who take it seriously and start after acquiring proper knowledge and skills. Its not an overnight money making venture, which many beginners think it is.

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.

marioharmon posted:
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.

Well said. I agree with you. It is not a normal business. It is more than a business.

There are a lot of connotations regarding forex and some people prefer to call it a business, while some even relate it to gambling. But forex is an entirely different market.

LeviSievwright5 posted:
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.

Yes. A good trading strategy can make you rich in the forex market.

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.

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

Yes. Without patience you can not survive in the forex market.

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.

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

It is absolutely right. If you give time, it will give you 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.