Market research is needful to make wise trading decisions and constant practice and learning will lead you to achieve the desired goals in trading business sometimes greed effect the trader as result of loss as well.
Revenue is vanity, profit is sanity, but cash is king
steveday1976 posted: yes i agree, too many advertise Forex on Social media claiming it will make them rich overnight.
Beginners get charmed by these advertisements. I don’t even understand why people would run after such.
That’s for the basic reason that they want quick money and the offers that these scammers throw definitely make you see huge earning potentials in there. Beginners just get trapped because they think that they will really be able to make money with them.
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.
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