Forex is good in terms of return

Dec 31, 2020 at 13:19
1,550 Zobrazení
29 Replies
Členom od Jul 19, 2020   751 príspevkov
Dec 31, 2020 at 13:19
Forex is good in terms of return it gives if you are skilled trader. Otherwise forex trading is the most difficult job in the world. You have to be enough knowledgeable and skilled. And the psychological aspect of trading makes the trading more difficult.
Členom od Jul 23, 2020   759 príspevkov
Dec 31, 2020 at 17:13
True. Learning is the most important aspect for success in trading.
Členom od Dec 21, 2020   36 príspevkov
Jan 04, 2021 at 07:22 (upravené Jan 04, 2021 at 07:27)
I am happy while trading forex and earning enough profits out of it.
Členom od May 24, 2020   112 príspevkov
Jan 04, 2021 at 09:55
In the Forex market, if you trade competently and sensibly, taking into account all the points that you need to know, you can make good money
Členom od Sep 23, 2020   42 príspevkov
Jan 04, 2021 at 11:30
Well I agree. Nothing comes for free an so is the case with forex. Need to put a lot of efforts, learning and practice out there in order to generate returns in forex.
Členom od Aug 27, 2017   121 príspevkov
Jan 05, 2021 at 05:35
On my case, I blew a couple of accounts. 😆 But I know it would be worth it. Just keep on learning from your mistakes. Make the necessary adjustments as your learn more.
Trading is a marathon, not a sprint.
Členom od Sep 15, 2020   20 príspevkov
Jan 05, 2021 at 08:12
Yes, forex trading gives good returns because of its volatility and leveraged product, but only skilled and knowledgeable traders will win in the long term.

It's hard to keep consistent profits for the long run.

And it's a stressful job.
Členom od Jul 27, 2020   102 príspevkov
Jan 05, 2021 at 08:23
Depending how much strategy you have used in the trading, but yes it is a good return in short term
Členom od Nov 24, 2020   28 príspevkov
Jan 05, 2021 at 10:56
That is right. Without proper knowledge of forex, it is very difficult to trade. Every trader should also have a proper trading mindset for achieving some level of success. The returns are achievable at times and sometimes even getting 1% of overall profit is difficult. Since trading forex is risky, getting any amount of return feels like an achievement to me. I trade with some cost effective and low spread brokers that fulfil my trading needs.
Členom od Jul 19, 2020   318 príspevkov
Jan 10, 2021 at 19:42
Yes. making money from this market is very simple. You need to have proper knowledge and experience. With your knowledge and experience, you can make a profitable plan and make money from this risky market easily.
Členom od Dec 21, 2020   36 príspevkov
Jan 12, 2021 at 10:27
cardigan posted:
Depending how much strategy you have used in the trading, but yes it is a good return in short term
And long term too?
Členom od Aug 27, 2017   121 príspevkov
Jan 12, 2021 at 13:49
That's where consistency comes in. You can be making 100% a month for 6 months or maybe years then loses 100% in a day. Bye capital.

What you need is a good strategy that can possibly give a consistent return. It would always be better to go with the side of cautiousness and lower profit but safe capital than with aggressiveness with huge returns but could lead to a blown up account.
Trading is a marathon, not a sprint.
Členom od Dec 01, 2020   20 príspevkov
Feb 10, 2021 at 09:34
That's right. Expert traders make some good amount of returns from trading forex. There is a lot of scope with it if you have the knowledge and skills to trade.
Členom od Oct 05, 2020   18 príspevkov
Feb 10, 2021 at 10:55
Yes it is, but only those who are serious about this field, get good returns here. Being consistent with your earnings is the most difficult part though.
Členom od Nov 19, 2020   104 príspevkov
Feb 11, 2021 at 05:25
Yes, one has to be passionate about making wins in the particular field, be it forex or any other. If someone is taking the play lightly, then there's hardly a chance that goals will be achieved by him.
Členom od Nov 03, 2020   65 príspevkov
Feb 11, 2021 at 08:05
If you approach trading wisely, you can really get a good income, which is why I started using copy trading RAMM from Amarkets and started earning at the professional level.
Členom od Sep 12, 2017   238 príspevkov
Mar 11, 2021 at 08:13
Yes it can be a good return but only if the trader is consistent and have willingness to learn. but that alsso does not guarantee profit
Členom od Dec 28, 2020   187 príspevkov
Aug 03, 2021 at 06:00
croisssan posted:
Also, do not forget that forex can help and lose money. Here everything depends only on the trader himself.
Yes, profit or loss in forex depends upon a trader’s psychology, his willingness to learn and the time he dedicates to practice.
Členom od Jul 07, 2021   41 príspevkov
Aug 03, 2021 at 07:22
Forex trading can indeed lead to great returns, but it is important to avoid thinking that it is so easy and quick to attain. The truth is that it takes time, plenty of work such as by carrying out careful analyses, and you also need to be responsible in your trading by setting certain limits in terms of risks and money management.
Členom od Aug 10, 2021   178 príspevkov
Sep 13, 2021 at 01:05
While it is easy to put things on paper and plan while outside the market, getting into the market and implementing your plan really tests your ability and capabilities. Your first plan can be made better if you take market experience into account, since with experience you can overcompensate for any deficiencies.
You must be connected to Myfxbook in order to leave a comment
*Komerčné použitie a spam nebudú tolerované a môžu viesť k zrušeniu účtu.
Tip: Uverejnením adresy URL obrázku /služby YouTube sa automaticky vloží do vášho príspevku!
Tip: Zadajte znak @, aby ste automaticky vyplnili meno používateľa, ktorý sa zúčastňuje tejto diskusie.