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Forex is an investment business
Členom od Jul 19, 2020
742 príspevkov
Jun 28, 2021 at 15:44
Master_Z posted:
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.
Yes, I need to consistently increase my account profit. In this case, I have to combine many formulas.
Členom od Jul 19, 2020
749 príspevkov
Aug 05, 2021 at 13:36
To increase consistency, trading psychology is very important. In most cases, after a good profitable trade, people lose more due to poor trading psychology. Most traders do not focus on improving his mindset.
Členom od Sep 22, 2020
12 príspevkov
Sep 30, 2021 at 19:21
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.
Členom od Mar 28, 2021
586 príspevkov
Oct 01, 2021 at 13:09
@croisssan Loss is a part of forex trading. That's why money management, risk management comes into play in trading. People who ignore this fact, eventually drop out.
Členom od Jul 19, 2020
742 príspevkov
Oct 01, 2021 at 16:18
Mikehamilton posted:
Keeping patience is the ultimate key to making profits while trading forex.
Patience is very important in the forex market. There is no substitute for patience in doing ideal business.
Členom od Sep 20, 2021
2 príspevkov
Oct 04, 2021 at 07:01
Michihito posted:
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
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.
Členom od Mar 17, 2021
494 príspevkov
Nov 04, 2021 at 18:14
skihav posted:
Forex is a really interesting investment option. The main thing is to correctly approach this issue and assess all the risks.
Yes. You can earn a huge amount of money from this market.
Členom od Aug 10, 2021
172 príspevkov
Nov 22, 2021 at 01:57
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.
Členom od Jul 23, 2020
816 príspevkov
Dec 08, 2021 at 15:26
Forex turns out to be a good and favorable one when it comes to high returns and profitability.
Členom od Apr 09, 2019
516 príspevkov
Dec 08, 2021 at 19:36
There are simpler investments for your money but I would say forex needs an investment in one's own self and education.
If you can't spot the liquidity then you are the liquidity.
Členom od Apr 03, 2021
437 príspevkov
Dec 08, 2021 at 23:19
LyudmilLukanov posted:
Forex turns out to be a good and favorable one when it comes to high returns and profitability.
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
and the successful trader also will pay attention when choosing broker, regulated and low spread broker is more favorable for traders
Členom od Mar 28, 2021
586 príspevkov
Dec 09, 2021 at 04:21
Yes forex is an investment it's not for gambling. It requires enough knowledge and skills to be successful. Without knowledge and skills, profit is not possible.
Členom od Oct 29, 2021
69 príspevkov
Dec 29, 2021 at 04:45
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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