Is trading hard?
Uczestnik z Jul 20, 2020
385 postów
Aug 24, 2022 at 16:45
Caricology posted:
Truth to be told! Yes, forex trading is hard because it is a dynamic market that is highly unpredictable. There are no shortcuts or fixed strategies to become successful. However, it is not impossible. You need to be consistent with learning and understanding the ways of the market. It is hard, yet with consistent learning, it is possible to become a profitable trader.
I think its sometimes seen as more difficult than it is by people wanting quick money and quick gratification. If people treated it like a degree or other professional job they would accept there are ups and downs
Aug 25, 2022 at 10:08
Yes it is. The art of forex trading can be challenging. To be successful, you must possess a wealth of knowledge, from an understanding of the various currency pairs to a command of technical analysis. Although it can be a fantastic way to earn some extra cash, forex trading is not without risk. The random nature of the forex market is another factor that makes it difficult to trade. You cannot predict the future with absolute certainty and this is why it's crucial to have a sound plan in place and the flexibility to adjust when circumstances change.
Uczestnik z Feb 15, 2022
131 postów
Aug 27, 2022 at 03:59
Risk management policy is a policy maintained to lower trading risk. It is a policy that flourishes a trader’s trading but we see the absence of using this policy among traders. As a result, traders can’t prosper in their trading highly.
Uczestnik z Aug 02, 2022
24 postów
Aug 29, 2022 at 10:09
When a trader trades with patience and knows their goals and path to follow, their journey will become easy. Otherwise, trading will remain hard. Longing for quick money can never make money; only hard work can.
Uczestnik z Aug 17, 2022
79 postów
Aug 30, 2022 at 06:24
Trading is hard if the person doesn't have the basic knowledge and jumps in the market to trade, that will for sure bring losses. The difficulty level of trade depends upon one’s abilities solely which gets better with experience and practice.
Uczestnik z Aug 19, 2021
203 postów
Sep 05, 2022 at 14:02
Oh, who says trading is easy?? Those who then lost fast, lmao. 😄😄 Trading is hard. Very very hard. And only the most purposeful people achieve some success in this. And maybe even a narrow popularity among others. But this is not given to everyone. And fortunately there are other ways to make money on Forex. 😉 Partnership, investment, sale of signals. So, everyone can succeed in something.
Uczestnik z Apr 05, 2021
28 postów
Sep 05, 2022 at 14:09
Trading is very easy. Just click buy or sell 😄
Profiting from it in the long run, on the other hand, is hard and requires a solid effort.
Profiting from it in the long run, on the other hand, is hard and requires a solid effort.
Ask, and you will receive; seek, and you will find; knock, and it will be opened to you.
Uczestnik z May 22, 2017
85 postów
Sep 05, 2022 at 20:11
Its very hard
F*** it we ball!
Uczestnik z Apr 03, 2021
437 postów
Sep 07, 2022 at 00:01
Experience and knowledge matter in trading, but psychological trading has a high role during trades. Trading is easy when it is easy, but difficult when the time is difficult. Making profit consistently in long term is big challenge among traders
Uczestnik z Jul 26, 2022
45 postów
Sep 07, 2022 at 05:44
Trading is a difficult journey, to be sure, but it is not impossible if you are determined to give your all.
Uczestnik z Feb 15, 2022
210 postów
Sep 17, 2022 at 17:01
Here, brokers serve traders with numerous trading facilities and they act as an intermediary. So, we have to be careful about choosing the right trading broker.
Uczestnik z Jul 26, 2022
45 postów
Sep 19, 2022 at 12:32
Yes indeed, trading is hard as you cannot predict the market 100% accurately. It requires a lot of understanding and daily detailed analysis of the market.
Uczestnik z Sep 06, 2022
26 postów
Sep 22, 2022 at 07:25
Yes, forex trading is difficult and risky. However, it is also profitable. If you put in the time and effort to learn as much as possible about it, it could be a huge financial boon. Gaining that level of success requires a lot of time and effort. So, be consistent.
Sep 23, 2022 at 09:16
Yes, forex trading is a hard job. It requires more dedicated hard work. Also, one must be knowledgeable in the financial field and have a good understanding of how the market works in order to succeed at forex trading.
Forex traders should also be aware of the risks involved in trading with leverage and understand how it impacts their positions.
Forex traders should also be aware of the risks involved in trading with leverage and understand how it impacts their positions.
Uczestnik z Jun 22, 2022
21 postów
Oct 03, 2022 at 04:05
Yes, it is quite hard. But if you know how to trade properly, you will know how to maintain a balance between your wins and losses. Keep in mind that you will never lose more than you can afford to lose. So, keep your risks low until you are sure about your skills.
Uczestnik z Feb 15, 2022
210 postów
Oct 03, 2022 at 07:22
A trader should acquire efficiency in both technical and fundamental analysis. Deficiency of analytical knowledge works as a bar in the way of gaining profit from the market.
Uczestnik z Jul 23, 2020
816 postów
Oct 04, 2022 at 17:08
As learning is quite easy now, you should not miss out on this. There are so many e-books containing the basics of Forex trading and a pile of video tutorials available on Youtube.
