Forex is not a bad business

You are right. Forex is neither bad nor good, it just exists and that's it. It is up to you whether you are able to gain profits from it or not. It is only you who is responsible for your trading results and you cannot blame anyone else for the fact that you lose the money.

I wonder who thinks of forex as a bad business? Maybe those who failed in forex trading. Forex is neither bad nor good, it just exists where you have the opportunity to gain profits or lose your deposit. Everything depends on concrete trader and the broker which they work with.

For many, a forex trading business may even be their primary means of income. Considered a lucrative means of making money, forex trading, or online forex trading is the process of purchasing and converting various currencies. The only variation here is that instead of stocks of a company, you are trading currencies.

I think a lot of people get the wrong idea about forex trading and think it's a scam or impossible to really make money due to all the failed traders out there. Of course it's possible to make money, it's just that it's more work than most people expect. You wouldn't take a regular job and expect to become rich without putting in effort, yet people expect that from trading or else they classify it as a sham.

Of course forex isn't a bad business, mainly because it can generate solid sums of money actually. To my mind, forex trading is a great business and if you can earn solid sums of money then it becomes really profitable for you. The main idea of trading as a business is that you should make some steps which should be contemplated beforehand. Of course, not all traders can make money on forex, nevertheless if we take into consideration traditional form of business, then there are also sme people who remained bankrupted after trying it. So, everything is individual here and depends on your goals and skills.

Its not a bad business but we shouldn't try any shortcut, stay almost 3--6 months with demo to build your skills.

its bad for losers and good for gainers.....

Forex is bad for those who lose due to greed.

croisssan posted:
Forex for work is a very good option. When I started working with a broker, I thought the same way. And now I am quite satisfied with Forex.

I agree with you, if forex trading is done with the adequate knowledge then it is really a good medium to earn.

Forex is an excellent business, which offers unlimited profit and unlimited loss. Thus, it depends on an individual what he wants to achieve from this business. One thing for sure this is not as easy business as it seems at the beginning to most of the traders. It is a serious business and it is to be dealt with very cautiously. A trader needs to learn and invest his time before getting into this business.

Yes forex is definitely interesting but at the same time it has huge risk. A person should be well prepared to manage risk.

Forex is a great business and we can not consider it bad because we can make a good income from it. Always learn forex basics before start.