You may be able to find what you want to invest in, but it isn't a fact that it will bring you income. I would say that 2020 isn't the best year for a successful investment, as the pandemic has affected all areas of our lives. This is pretty sad, but it is true :c All we can do now is hope that things will get better and the situation overall will get better. But for now, if I were you, I would rather refrain from making any investments, especially large ones.
Yes, I agree with you here. Nowadays it's really hard to find something in which it would be safe, and the main thing is profitable to invest. Now many areas have become quite unstable and volatile, because of pandemic and other shocks. But it seems to me that despite all this, you can still invest safely in Forex trading. For many people, trading is still a reliable source of additional income, and this is cool.
It is so difficult to find good return. You should need to thinking that 'what you can do?' If you get good answer from your mind then decide. I hope you will be success. But patience is important. God bless you. Thank you.
If you have learned Proper Learning from trading, you can invest your hard-earned money in Forex trading. There is no such thing as a Forex business. So I would suggest if you can learn trading then deposit in Forex trading.
This year definitely hasn't been easy for investors. Trading has been a better option in my opinion. I saw and still see better and clearer opportunities on the stock market. Nothing is completely secure, of course.
Jude_craig posted: Forex is a great place to make money provided one is ready to do the hard work it requires.
Exactly! You can’t trade forex without working hard for it. The profits depend on it.
Yes but it also requires some skill set. You don’t just get profits out of working hard only. There has to be some balance between learning and developing the necessary skills to trade. One needs to analyse the margin risk carefully, and know how to use stop loss, like price + trigger price, or just the trigger. There’s so much to it that some traders take years to know it all and still don’t get it, while others understand the complex price mechanisms quickly.
Forex is great for making some money and the trick is to effectively use leverage. If you have to make profits, you’ll have to risk more. I believe in working smart and that’s the way I work with my other investments too. Like for trading forex I first determine the position size and use the customizing options of Acttrader (in terms of colors and shapes) which helps me in a better use of indicators that I use for ascertaining whether to go long or short on fxview and avatrade’s acttrader trading platform.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.