Forex game is not business

More new traders need to take this on board. It is a multi-trillion dollar a day business. it will eat you alive if you think you can just rock up with no education or practice.

Forex game is not business. Yet, many people confuse this with a legitimate business that helps clients make money. The truth is that the only way to get real profits from trading is by knowing and using few simple rules that can be applied in your chosen field and at your leisure. Follow [url=https://iecasimile.com/new-online-casinos/]IEcasimile.com[/url] to learn more tips about new casino online ireland. The game is created by people who really want to enjoy themselves and make some money in that way.

Forex is not a game, it is a difficult business, and your knowledge and consistency are what keep you going.

So true! I think a lot of people see it as risky and on the same level as gambling but a lot more data goes into trading - it's completely different.

Gambling can either make you a gainer quickly or turn you loser. Many traders are addicted to gambling because it helps them secure profit or loss very quickly.

You need all the patience you can get to make it through the tense market situations. Knowledge and practice can help gauge through tough market changes.

Forex is a business, not a game, maybe you only see successful people from one edge, every business can make people succeed but there are other people maybe still struggle to achieve success and there are so many failures in business. If you get fail in a certain business don't blame the business but the problem is you.

Dictiony posted:
Forex is not the name of a game or a tide. It is a business of international standard. Forex means foreign exchange. Forex is the international foreign exchange market. Countless people around the world are involved in this business. Where its daily turnover is more than 6 trillion US dollars. The only competitor in the forex market is the American Stock Exchange. Of this, about 30 billion is transacted every day, much less than Forex. So many people think it's a gamble, which is not true. It has created an alternative income path for some people as a professional or part-time job.

I agree it is a business and not a game, and like all business, learning to trade takes skills.

It becomes a business when you discover the opportunity to invest in traders.

FXOday posted:
Forex is not a game, forex transaction is a real business, however, the forex market is very complex, there is so many market participants inside of a forex, including the central bank, institution company, an international company that making transaction buying and selling currency related to export and import, broker as a bridge between a trader and the market, a trader from big trader until retail trader, forex is big business with the high-risk high gain model.

Yeah it is not a game. It involves real money and requires knowledge, skill, and discipline to be successful.

While some people may consider forex trading to be gambling, it is not accurate to categorise it as such. Like any other business or investment, forex trading requires knowledge, skills, and experience to be successful. Many individuals around the world have made a decent living through forex trading, either as a profession or a part-time job.

Forex trading is often misunderstood as gambling, but it's important to recognize the distinction between the two. Unlike gambling, forex trading is not purely based on chance or luck. It's a form of investment that involves analyzing market trends, understanding economic indicators, and implementing strategies to make informed trading decisions.

Successful forex trading requires continuous learning, staying updated with market news, and developing analytical skills. Traders need to study charts, patterns, and factors that influence currency fluctuations. Risk management is also crucial in forex trading, as traders aim to minimize potential losses and maximize profits.

While there are risks involved, many individuals have achieved financial success and stability through forex trading. It can be a viable profession or a supplementary source of income for those who have dedicated time and effort to master the necessary skills.