Forex is good in terms of return

Forex is good in terms of return it gives if you are skilled trader. Otherwise forex trading is the most difficult job in the world. You have to be enough knowledgeable and skilled. And the psychological aspect of trading makes the trading more difficult.

True. Learning is the most important aspect for success in trading.

I am happy while trading forex and earning enough profits out of it.

In the Forex market, if you trade competently and sensibly, taking into account all the points that you need to know, you can make good money

Well I agree. Nothing comes for free an so is the case with forex. Need to put a lot of efforts, learning and practice out there in order to generate returns in forex.

On my case, I blew a couple of accounts. 😆 But I know it would be worth it. Just keep on learning from your mistakes. Make the necessary adjustments as your learn more.

Yes, forex trading gives good returns because of its volatility and leveraged product, but only skilled and knowledgeable traders will win in the long term.

It's hard to keep consistent profits for the long run.

And it's a stressful job.

Depending how much strategy you have used in the trading, but yes it is a good return in short term

That is right. Without proper knowledge of forex, it is very difficult to trade. Every trader should also have a proper trading mindset for achieving some level of success. The returns are achievable at times and sometimes even getting 1% of overall profit is difficult. Since trading forex is risky, getting any amount of return feels like an achievement to me. I trade with some cost effective and low spread brokers that fulfil my trading needs.

Yes. making money from this market is very simple. You need to have proper knowledge and experience. With your knowledge and experience, you can make a profitable plan and make money from this risky market easily.

cardigan posted:
Depending how much strategy you have used in the trading, but yes it is a good return in short term

And long term too?

That's where consistency comes in. You can be making 100% a month for 6 months or maybe years then loses 100% in a day. Bye capital.

What you need is a good strategy that can possibly give a consistent return. It would always be better to go with the side of cautiousness and lower profit but safe capital than with aggressiveness with huge returns but could lead to a blown up account.

That's right. Expert traders make some good amount of returns from trading forex. There is a lot of scope with it if you have the knowledge and skills to trade.

Yes it is, but only those who are serious about this field, get good returns here. Being consistent with your earnings is the most difficult part though.

Yes, one has to be passionate about making wins in the particular field, be it forex or any other. If someone is taking the play lightly, then there's hardly a chance that goals will be achieved by him.

If you approach trading wisely, you can really get a good income, which is why I started using copy trading RAMM from Amarkets and started earning at the professional level.

Yes it can be a good return but only if the trader is consistent and have willingness to learn. but that alsso does not guarantee profit

croisssan posted:
Also, do not forget that forex can help and lose money. Here everything depends only on the trader himself.

Yes, profit or loss in forex depends upon a trader’s psychology, his willingness to learn and the time he dedicates to practice.

Forex trading can indeed lead to great returns, but it is important to avoid thinking that it is so easy and quick to attain. The truth is that it takes time, plenty of work such as by carrying out careful analyses, and you also need to be responsible in your trading by setting certain limits in terms of risks and money management.