You can't expect to become a millionaire overnight. It takes time and effort. In my opinion forex trading is a hard job. The market doesn't move according to anyone, traders need to understand the nature of the market first and develop relevant skills and right trading psychology to be profitable.
Both yes and no. Trading can be hard for absolute beginners who have no idea about the market. They need to learn and trade consistently to become better. On the other hand, people who have devoted significant quality of time in learning about the market strategies, analysing them, and applying the procedures of risk management, for them, the market does not seem to be that hard. Of course the market is volatile in nature, and loss is for sure fated. But with a good strategy, you will make more profits than losses.
There's no denying that trading is a difficult endeavour. There are few occupations as financially rewarding as trading. It's not easy to earn a large sum of money. An individual must have extensive knowledge of the market in order to make money.
Hard. You have to look and learn a lot of information every day. Day after day. Excitement, waste of nerves and money. Generaly hard. But depending on what work to correlate. I think physically earning is harder.
To turn Forex trading easier, traders should focus on marker analysis. Traders must see the market from fundamental viewpoint besides technical one. Combination of these analyses leads a trader go ahead and make a better result in trading.
Whether Forex is tough or not that depends on trader’s experience. To avoid this toughness, make analysis is a part of trading. Trading analysis is a part of successful trading and technical as well as fundamental analyses are two types of special analyses.
I have no doubt in saying that trading is hard. But if you learn well and don’t take any shortcuts, you may have a long career that you anticipate. You have to do only what you understand, be it taking a risk or using a certain trading strategy.
Yes definitely trading is hard without proper knowledge and experience. You can never be a successful forex trader overnight. You have to do a lot of hard work for that. A proper strategy, excellent money & risk management skills, use of stop loss, emotion management, and a lot of patience is all that it takes to be a successful forex trader.
It is definitely hard. It is hard for those who don’t know the basics of trading. It becomes rapidly easier when one goes along the way. But to say that forex is hard is subjective; there is no specific answer to this question.
Pretty hard, I must say! Only a very small percentage of traders are able to make money through forex trading. You may feel that you have studied well and now you will be able to make money. But nothing such happens in reality and there are only a few instances when you will be able to make any money.
Trading forex may seem hard and complicated initially. And the market being extremely volatile can make anticipation of the market movement tough. It can cause you a profit or a big loss. Have caution. However, if you understand the market well and have deep knowledge about the market, then you can surely make enormous money by forex trading.
Yes, that’s true. Trading forex is hard and the fact that you may or may not win makes it more difficult for traders to keep faith in the market. The moving nature of the market makes it extremely tough for new and old traders to trade in the direction of the market. And because you cannot always be accurate with your predictions, it’s truly a tough business to do.
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.