Forex is an investment business

Sep 29, 2020 at 14:17
32 Replies
Biedrs kopš   788 ieraksti
Jun 28, 2021 at 15:44
Master_Z posted:
Consistent long-term work on a trading system is the only way to success in forex. But this does not mean that you should set a timer and after 3 years you will wake up successful. Everything will come up gradually, knowledge, experience and success.
Yes, I need to consistently increase my account profit. In this case, I have to combine many formulas.
Biedrs kopš   751 ieraksti
Aug 05, 2021 at 13:36
To increase consistency, trading psychology is very important. In most cases, after a good profitable trade, people lose more due to poor trading psychology. Most traders do not focus on improving his mindset.
Biedrs kopš   12 ieraksti
Sep 30, 2021 at 19:21
That is a nice approach to forex trading as an investment. You should plant the seed first and then nurture it gradually by practising and learning. You are highly unlikely to gain enormous profits overnight, but you can do it in the nearest future if you pull full efforts to it. Practice makes perfect and forex is not an ecxeptions of this rule.
Biedrs kopš   617 ieraksti
Oct 01, 2021 at 13:09
@croisssan Loss is a part of forex trading. That's why money management, risk management comes into play in trading. People who ignore this fact, eventually drop out.
Biedrs kopš   788 ieraksti
Oct 01, 2021 at 16:18
Mikehamilton posted:
Keeping patience is the ultimate key to making profits while trading forex.
Patience is very important in the forex market. There is no substitute for patience in doing ideal business.
Biedrs kopš   2 ieraksti
Oct 04, 2021 at 07:01
Michihito posted:
Forex is an investment business. You need to build it gradually. Most people come into forex just to gain profits overnight. From the very beginning they live in the wrong concept pf forex trading. Forex trading is a work of professional. You have to treat it like professionals. Make a long term goal to build your account over years. I a
Forex trading is better than going to a casino because the spreads are lower, but it's still gambling, not trading or investing. Stocks grow at a rate of 12% each year on average. The best think is people can chose many payment methods. Currencies lose about 2% every year on average. To make it worthwhile, you must be extraordinarily skilled at currency trading. Only if you want to hedge your bets is it a good idea to exchange currencies.
Biedrs kopš   536 ieraksti
Nov 04, 2021 at 18:14
skihav posted:
Forex is a really interesting investment option. The main thing is to correctly approach this issue and assess all the risks.
Yes. You can earn a huge amount of money from this market.
Nov 22, 2021 at 01:57
Therefore, you cannot consider it as an investment but rather as a business, since it requires you to always be involved in order to make a profit or a loss. It is not something you just give him money, he then needs to multiply it all by himself.
Dec 08, 2021 at 15:26
Forex turns out to be a good and favorable one when it comes to high returns and profitability.
Biedrs kopš   538 ieraksti
Dec 08, 2021 at 19:36
There are simpler investments for your money but I would say forex needs an investment in one's own self and education.
If you can't spot the liquidity then you are the liquidity.
Biedrs kopš   470 ieraksti
Dec 08, 2021 at 23:19
LyudmilLukanov posted:
Forex turns out to be a good and favorable one when it comes to high returns and profitability.
Yes I think so, all traders that come and joined forex want to make money and will become favorable businesses when able to make profit regularly
and the successful trader also will pay attention when choosing broker, regulated and low spread broker is more favorable for traders
Biedrs kopš   617 ieraksti
Dec 09, 2021 at 04:21
Yes forex is an investment it's not for gambling. It requires enough knowledge and skills to be successful. Without knowledge and skills, profit is not possible.
Biedrs kopš   70 ieraksti
Dec 29, 2021 at 04:45
For beginners, forex is not gambling like binary options. It is a business where you can make a good return if done correctly. Most people lose money in the forex business. But you can avoid loss by learning the basics and trading with a plan.
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