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Forex is profitable ?

niceGLer
Feb 07 2019 at 14:52
165 príspevkov
Jdimitrov posted:
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4


I use H4 mainly for support & resistance analysis.

Anthony Rizal (AnthonyWins)
Feb 10 2019 at 07:22
212 príspevkov
BenTrader posted:
Yep, Traders who lose money don't trade correctly.

Trading is simple when you understand a few basic things.




Nice expression. Could you share your simple basic things?
(This is a rhetorical question)

P.S. 'understand' is not 'adhere'.

Imamul
Feb 10 2019 at 07:23
615 príspevkov
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.

Teejy88
Feb 11 2019 at 06:47
36 príspevkov
Forex is profitable as long as you have a decent system for managing risk, aim too high and you will burn.

Imamul
Feb 11 2019 at 11:05
615 príspevkov
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.

MontaBill
Feb 11 2019 at 12:46
7 príspevkov
babypips is ok but it is very basic. I also think that it makes Forex sound simpler than it really is. There is a lot of analysis required for Forex and babypips just scrapes the surface

ScottyCarsonMVP
Feb 12 2019 at 07:03
54 príspevkov
If people are consistently doing it then that answers the question surely?

Alcides666
Feb 12 2019 at 09:53
10 príspevkov
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game

Gracewilson1995
Feb 13 2019 at 07:34
147 príspevkov
Forex is profitable as long as you are using the right strategies to place the trade. You must be completely aware of all the terminologies before placing trades in the live environment. The leverage, spreads should be kept in consideration before placing any trade. The best option to learn about the forex market is to place as much trades as you can on the demo account so that you can become familiar to market conditions, its liquidity, and volatility. Choosing a right broker also plays an important role in forex as the money makers make money when the traders lose, so in order to earn more profit, search for a pure ECN broker with lower spreads.

vontogr (togr)
Feb 13 2019 at 07:39
4862 príspevkov
Alcides666 posted:
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game


I am sure majority of them [being profitable] are in this discussion. :)

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