Forex trading can be considered a business because it provides leverage. It acts like an already established and reputed business and allows you, the trader, to massively increase your borrowing power. However, increased borrowing power translates to major financial risks – so be careful!
The people who take forex as a game are the same people who increase the percentage of failures in forex trading. Then these people discourage other traders. If you want to be successful in trading, take it seriously otherwise don’t even start.
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Forex game is not business. Yet, many people confuse this with a legitimate business that helps clients make money. The truth is that the only way to get real profits from trading is by knowing and using few simple rules that can be applied in your chosen field and at your leisure. Follow [url=https://iecasimile.com/new-online-casinos/]IEcasimile.com[/url] to learn more tips about new casino online ireland. The game is created by people who really want to enjoy themselves and make some money in that way.
Forex is a business, not a game, maybe you only see successful people from one edge, every business can make people succeed but there are other people maybe still struggle to achieve success and there are so many failures in business. If you get fail in a certain business don't blame the business but the problem is you.
Dictiony posted: Forex is not the name of a game or a tide. It is a business of international standard. Forex means foreign exchange. Forex is the international foreign exchange market. Countless people around the world are involved in this business. Where its daily turnover is more than 6 trillion US dollars. The only competitor in the forex market is the American Stock Exchange. Of this, about 30 billion is transacted every day, much less than Forex. So many people think it's a gamble, which is not true. It has created an alternative income path for some people as a professional or part-time job.
I agree it is a business and not a game, and like all business, learning to trade takes skills.
FXOday posted: Forex is not a game, forex transaction is a real business, however, the forex market is very complex, there is so many market participants inside of a forex, including the central bank, institution company, an international company that making transaction buying and selling currency related to export and import, broker as a bridge between a trader and the market, a trader from big trader until retail trader, forex is big business with the high-risk high gain model.
Yeah it is not a game. It involves real money and requires knowledge, skill, and discipline to be successful.
While some people may consider forex trading to be gambling, it is not accurate to categorise it as such. Like any other business or investment, forex trading requires knowledge, skills, and experience to be successful. Many individuals around the world have made a decent living through forex trading, either as a profession or a part-time job.
Forex trading is often misunderstood as gambling, but it's important to recognize the distinction between the two. Unlike gambling, forex trading is not purely based on chance or luck. It's a form of investment that involves analyzing market trends, understanding economic indicators, and implementing strategies to make informed trading decisions.
Successful forex trading requires continuous learning, staying updated with market news, and developing analytical skills. Traders need to study charts, patterns, and factors that influence currency fluctuations. Risk management is also crucial in forex trading, as traders aim to minimize potential losses and maximize profits.
While there are risks involved, many individuals have achieved financial success and stability through forex trading. It can be a viable profession or a supplementary source of income for those who have dedicated time and effort to master the necessary skills.
ПРЕДУПРЕЖДЕНИЕ О ВЫСОКОМ УРОВНЕ РИСКА: торговля иностранной валютой связана с высоким уровнем риска, который может подходить не для всех инвесторов.
Кредитное плечо создает дополнительный риск и вероятность убытков. Прежде чем принять решение о торговле иностранной валютой, тщательно проанализируйте свои инвестиционные цели, уровень опыта и толерантность к риску.
Вы можете потерять часть или все свои первоначальные инвестиции. Не вкладывайте деньги, которые вы не можете позволить себе потерять. Ознакомьтесь с рисками, связанными с торговлей иностранной валютой, и обратитесь за советом к независимому финансовому или налоговому консультанту, если у вас возникнут вопросы.
Любые данные и информация предоставляются 'как есть' исключительно в информационных целях и не предназначены для торговых целей или консультаций.
Прошлые показатели не являются признаком будущих результатов.