richardmarcus
Uczestnik z Oct 07, 2020
104 postów
Feb 16 2021 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.
UweMoench
Uczestnik z Jul 19, 2020
751 postów
Feb 16 2021 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: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.
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.
blixtpiece
Uczestnik z Dec 22, 2020
45 postów
Feb 26 2021 at 10:12
People make profits in the forex market. There are no hard and fast rules that you need to follow.
richardmarcus
Uczestnik z Oct 07, 2020
104 postów
Mar 01 2021 at 04:53
blixtpiece posted:ahan... but i have heard when people go live they are not able to generate as much profits as compared to demo accounts
People make profits in the forex market. There are no hard and fast rules that you need to follow.
lovefortrading
(perryjohn765)
Uczestnik z Sep 12, 2017
238 postów
Mar 01 2021 at 07:53
richardmarcus posted: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..
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.
Tremblay
Uczestnik z Feb 23, 2021
330 postów
Mar 01 2021 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.
Michihito
Uczestnik z Jul 19, 2020
298 postów
Mar 02 2021 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.
UweMoench
Uczestnik z Jul 19, 2020
751 postów
Mar 02 2021 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.
richardmarcus
Uczestnik z Oct 07, 2020
104 postów
Mar 02 2021 at 05:43
Tremblay posted:yea patience is always good in any kind of business and trading always require some kind of patience
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.
yana hansen
(78678676)
Uczestnik z Oct 16, 2020
137 postów
Mar 02 2021 at 07:58
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.
triticieek
Uczestnik z Dec 18, 2020
35 postów
Mar 22 2021 at 09:51
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.
triticieek posted:
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.
That is true to some extent but do not underestimate the time it may take to learn and make profit. It can take many years
LyudmilLukanov
Uczestnik z Jul 23, 2020
869 postów
Mar 22 2021 at 14:42
triticieek posted:True. New traders often face hardship in trading.
It can be difficult to generate profits in forex at first but with proper learning and education, anyone can make better returns.
FedericoLin
(FedericoLin)
Uczestnik z Mar 23, 2020
20 postów
Mar 22 2021 at 14:57
78678676 posted:
Yes, you can certainly make money in the forex market, given you are ready to put in the hard work . Forex market is way different from a stock market. You better gain knowledge of the forex market and trade on a demo account for a good amount of time. Then move on to a live account with a very small deposit and see if you can double them. You need to find a strategy that works for you.
I agree, I am doing 'Challenges' with accounts with different deposits and brokers, you can look at them from my profile if you are interested 😁
Experience is the hardest teacher because she gives the test first, the lesson afterward.
AliaDare
Uczestnik z Jul 19, 2020
788 postów
Mar 22 2021 at 15:43
Proper knowledge is required first when doing the forex market. If it is possible to develop proper knowledge and skills, it is possible to earn a lot of money by trading. I made a lot of losses when I joined the Forex market as a beginner trader but after a lot of research, I am now able to make some profit.
UweMoench
Uczestnik z Jul 19, 2020
751 postów
Mar 23 2021 at 13:19
Both the fundamental and technical analysis are very important for any trader who really want to make success here he must try his best and be learn how to do the forecast and get what its take to succeed here as well
Mohammadi
Uczestnik z Aug 11, 2017
886 postów
Mar 28 2021 at 07:46
90% or less doesn’t matter. Mostly loser from here not only due to lack of real market principle, they lose because they try to revenge from here after a huge loss. this is the foremost reason for 95% statistics.
Imamul
Uczestnik z Aug 09, 2017
761 postów
Mar 28 2021 at 09:03
i dont beieve the percentage , i dont know which organization published this statistic