Forex is profitable for traders that have invested not only capital but also their time in it. Most new traders enter into forex with minimum experience and knowledge and profit through luck and a few traders assuming it to be profitable. But at the end of the day they will lose everything.
Certainly that’s the route one should ideally take, but whether forex trading is profitable or not, is highly questionable. I know it needs patience but I have been patient long enough and blown enough accounts by now. I am literally on the verge of losing patience now, I have tried so many different brokers and tried all the strategies, but I am still waiting to see some substantial amounts of profits.
This is a controversial issue regarding the profitability of forex. Forex is profitable for those who understand how to make money on it. And unprofitable for those who take risks and lose their money in Forex.
I don't see why it is so difficult to make a profit from day trading. Theories or just chats will not make you any profit and experience in day trading. People can spend hours, days, weeks to talk of how it is good to make a living from day trading or investing but in reality there will be just talk. Unless you get some money and put them into work you will not see any results. Like somebody who wants to learn to drive without a car. Get simple strategy and start using real money say 5% out of your total investment account. after several investments (profit or loss does not matter) you will figure out how to make a profit from investment.
Trading techniques and strategy is the main route to success in the forex market. If you want to make money from this market you have to make a good plan From your post a lot of new traders can set their plan.
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UPOZORNENIE NA VYSOKÉ RIZIKO: Obchodovanie s devízami prináša vysokú úroveň rizika, ktoré nemusí byť vhodné pre všetkých investorov.
Páka vytvára ďalšie riziká a straty. Než sa rozhodnete obchodovať s devízami, dôkladne zvážte svoje investičné ciele, úroveň skúseností a toleranciu voči riziku.
Môžete prísť o časť alebo všetky svoje počiatočné investície. Neinvestujte peniaze, ktoré si nemôžete dovoliť stratiť. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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