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Forex is an investment business
Jun 28, 2021 at 15:44
Membro Desde Jul 19, 2020
788 posts
Master_Z posted:Yes, I need to consistently increase my account profit. In this case, I have to combine many formulas.
Consistent long-term work on a trading system is the only way to success in forex. But this does not mean that you should set a timer and after 3 years you will wake up successful. Everything will come up gradually, knowledge, experience and success.
Sep 30, 2021 at 19:21
Membro Desde Sep 22, 2020
12 posts
That is a nice approach to forex trading as an investment. You should plant the seed first and then nurture it gradually by practising and learning. You are highly unlikely to gain enormous profits overnight, but you can do it in the nearest future if you pull full efforts to it. Practice makes perfect and forex is not an ecxeptions of this rule.
Membro Desde Sep 20, 2021
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Oct 04, 2021 at 07:01
Membro Desde Sep 20, 2021
2 posts
Michihito posted:Forex trading is better than going to a casino because the spreads are lower, but it's still gambling, not trading or investing. Stocks grow at a rate of 12% each year on average. The best think is people can chose many payment methods. Currencies lose about 2% every year on average. To make it worthwhile, you must be extraordinarily skilled at currency trading. Only if you want to hedge your bets is it a good idea to exchange currencies.
Forex is an investment business. You need to build it gradually. Most people come into forex just to gain profits overnight. From the very beginning they live in the wrong concept pf forex trading. Forex trading is a work of professional. You have to treat it like professionals. Make a long term goal to build your account over years. I a
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Nov 22, 2021 at 01:57
Membro Desde Aug 10, 2021
178 posts
Therefore, you cannot consider it as an investment but rather as a business, since it requires you to always be involved in order to make a profit or a loss. It is not something you just give him money, he then needs to multiply it all by himself.
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Dec 08, 2021 at 23:19
Membro Desde Apr 03, 2021
470 posts
LyudmilLukanov posted:Yes I think so, all traders that come and joined forex want to make money and will become favorable businesses when able to make profit regularly
Forex turns out to be a good and favorable one when it comes to high returns and profitability.
and the successful trader also will pay attention when choosing broker, regulated and low spread broker is more favorable for traders
Membro Desde Oct 29, 2021
70 posts
Dec 29, 2021 at 04:45
Membro Desde Oct 29, 2021
70 posts
For beginners, forex is not gambling like binary options. It is a business where you can make a good return if done correctly. Most people lose money in the forex business. But you can avoid loss by learning the basics and trading with a plan.
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