Feb 16 at 04:48
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Feb 16 at 12:20
Trading forex is complex and requires a level of patience that is off the charts if you want to be extremely successful. When you first start trading, the amount of patience required is beyond most people's understanding. You can't gain that level of patience unless you have experience. You can have all the trading talent in the world, but w/o experience you are at a disadvantage to a more experienced trader.
richardmarcus posted:
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Yes I have been making profit, but you cannot just say that without expecting any learning or knowledge. You will need to know more about not just forex marketing, but paying attention to charts and indicators that is implying either bullish or bearish.
Feb 26 at 10:12
People make profits in the forex market. There are no hard and fast rules that you need to follow.
Mar 01 at 04:53
blixtpiece posted:
People make profits in the forex market. There are no hard and fast rules that you need to follow.
ahan... but i have heard when people go live they are not able to generate as much profits as compared to demo accounts
Mar 01 at 07:53
richardmarcus posted:
Do people usually generate profits in forex market. I have been trading in stocks and is able to generate some profits but i am highly skeptical about trading in forex market will i beable to gain something out of my trades or not.
Yes people do generate profit..there is no shortcut or fixed time line for that. they can make $100 in 10 trades and on the other hand lose $100 in just 1 trade.so winning and lossing are part of the game..
Mar 01 at 08:17
I consider forex as a business. It is also a business like other businesses. But the distinction is the vast majority of traders in forex take impulsive decision. This is the thing that make the forex business unsafe. If you take after the tenets of risk management and can control your emotions you can get colossal achievement around here.
Mar 02 at 05:00
Most traders think that trading is all about strategy. They look for it everywhere. They think there is one strategy that will make them rich. They never try to understand that the success of a strategy mostly depends on the individual it's using. Strategy is just a single component of successful trading.
Mar 02 at 05:33
The foreign exchange market promises so many possibilities to the trader. Many people may be interested in the forex but are only afraid to take the first step. This attitude should be turned around. Just have a good vision, take the necessary steps and make the forex venture a success.
Mar 02 at 05:43
Tremblay posted:
I consider forex as a business. It is also a business like other businesses. But the distinction is the vast majority of traders in forex take impulsive decision. This is the thing that make the forex business unsafe. If you take after the tenets of risk management and can control your emotions you can get colossal achievement around here.
yea patience is always good in any kind of business and trading always require some kind of patience
