Pros and Challenges of Trading Forex

Sep 25, 2020 at 01:58
1,116 Paparan
28 Replies
Ahli sejak Oct 07, 2020   104 hantaran
Nov 24, 2020 at 04:06
ele020 posted:
The Forex market is the biggest financial market on earth. It requires very specific knowledge and skills to make a profit. It is advantageous as well as risky also. Forex trading can be started at a very low cost, low investment is required and higher returns are expected from trading, but risk is also associated with it as you can’t control volatility in the market.
true that this market is highly dependent on the news breaking out and volatility in the market
Ahli sejak Jul 19, 2020   788 hantaran
Nov 24, 2020 at 04:11
Trading is very risky and perfect decisions should be made to make this easier. If the decision is not right, it is never possible to achieve success by trading.
Ahli sejak Oct 07, 2020   104 hantaran
Nov 25, 2020 at 04:28
AliaDare posted:
Trading is very risky and perfect decisions should be made to make this easier. If the decision is not right, it is never possible to achieve success by trading.
rightly said
Ahli sejak Sep 12, 2017   238 hantaran
Nov 25, 2020 at 05:48
there are various pros like making money without going out and just using the desktop and internet. one learns and gain alot of knowledge from this, the cons are people start greeding for more, lose patience and end up losing. the cons will be set up the trader itself.
Ahli sejak Apr 15, 2020   219 hantaran
Nov 25, 2020 at 05:55
AliaDare posted:
Trading is very risky and perfect decisions should be made to make this easier. If the decision is not right, it is never possible to achieve success by trading.
I get your point but don't you think its impossible to take a perfect decision about something which is uncertain? Markets can treat you either ways out of nowhere, I believe that yes, we should be taking the correct decision which helps us to mitigate any unfortunate circumstances along with proper understanding of the market.
The more your practice, the more you learn.
Ahli sejak May 13, 2020   128 hantaran
Nov 25, 2020 at 10:51
The main disadvantage is probably the improvement of personal funds and the expenditure of a large amount of time, but there are a lot of advantages, and you can feel them only when you start trading.
Ahli sejak Oct 07, 2020   104 hantaran
Nov 26, 2020 at 04:18
ele020 posted:
AliaDare posted:
Trading is very risky and perfect decisions should be made to make this easier. If the decision is not right, it is never possible to achieve success by trading.
I get your point but don't you think its impossible to make a perfect decision about something which is uncertain? Markets can treat you either way out of nowhere, I believe that yes, we should be taking the correct decision which helps us to mitigate any unfortunate circumstances along with a proper understanding of the market.
true that there are sometimes when your imperfect decisions can also lead to huge profits. Many experienced traders have gone through it to earn profits that were uncertain.
Ahli sejak Apr 15, 2020   219 hantaran
Nov 26, 2020 at 06:24
richardmarcus posted:
ele020 posted:
AliaDare posted:
Trading is very risky and perfect decisions should be made to make this easier. If the decision is not right, it is never possible to achieve success by trading.
I get your point but don't you think its impossible to make a perfect decision about something which is uncertain? Markets can treat you either way out of nowhere, I believe that yes, we should be taking the correct decision which helps us to mitigate any unfortunate circumstances along with a proper understanding of the market.
true that there are sometimes when your imperfect decisions can also lead to huge profits. Many experienced traders have gone through it to earn profits that were uncertain.

Well its more like taking a calculated risk rather than an imperfect decision.
The more your practice, the more you learn.
Ahli sejak Jul 19, 2020   751 hantaran
Nov 26, 2020 at 14:39
People come into forex to make money easily. Forex may seem easy but to earn money you need knowledge and skills. Most people are unwilling to study. They run for ready-made strategy and never settle down. They don't know what they are doing.
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