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Is forex trading really worth it?
Tham gia từ Feb 12, 2019
105bài viết
Nov 18, 2021 at 11:57
Tham gia từ Feb 12, 2019
105bài viết
It is absolutely.
You can make a great primary income from trading but i would always advise have other income streams .
Dont put your eggs all in one basket as they say
You can make a great primary income from trading but i would always advise have other income streams .
Dont put your eggs all in one basket as they say
Tham gia từ Oct 27, 2020
18bài viết
Nov 19, 2021 at 07:00
Tham gia từ Oct 27, 2020
18bài viết
The answer can be both Yes and No. If you gather knowledge about the basics of forex trading, then practice on a demo account before you enter live trading, the answer is yes. If you think it is a cakewalk to enter the live market one fine morning and start earning money, the answer is no.
Tham gia từ Jul 02, 2020
21bài viết
Nov 19, 2021 at 07:13
Tham gia từ Jul 02, 2020
21bài viết
Charlespeterson posted:Look at it this way - what do you want to achieve?
The answer can be both Yes and No. If you gather knowledge about the basics of forex trading, then practice on a demo account before you enter live trading, the answer is yes. If you think it is a cakewalk to enter the live market one fine morning and start earning money, the answer is no.
1 - if you want to boost your savings, can you make more money on the long term than somebody else is willing to pay you as interest over say a year?
2 - can you make more money than somebody is willing to pay you in your chosen profession per month?
If the answer to these questions is negative, you have to keep a steady job/ put your savings somewhere else and try to learn some more so you can become more profitable - then try again.
This is what Demo trading is for - if you cannot be profitable over the long term, do not even think of going live!
After that start on a small live account and only if your percentage gain is constant, then you make it bigger and see if you can survive.
You cannot skip any of these steps - and if you change your system, start at the beginning!
Tham gia từ Jul 20, 2020
399bài viết
Nov 19, 2021 at 08:17
Tham gia từ Jul 20, 2020
399bài viết
WimConrad posted:Charlespeterson posted:Look at it this way - what do you want to achieve?
The answer can be both Yes and No. If you gather knowledge about the basics of forex trading, then practice on a demo account before you enter live trading, the answer is yes. If you think it is a cakewalk to enter the live market one fine morning and start earning money, the answer is no.
1 - if you want to boost your savings, can you make more money on the long term than somebody else is willing to pay you as interest over say a year?
2 - can you make more money than somebody is willing to pay you in your chosen profession per month?
If the answer to these questions is negative, you have to keep a steady job/ put your savings somewhere else and try to learn some more so you can become more profitable - then try again.
This is what Demo trading is for - if you cannot be profitable over the long term, do not even think of going live!
After that start on a small live account and only if your percentage gain is constant, then you make it bigger and see if you can survive.
You cannot skip any of these steps - and if you change your system, start at the beginning!
Really solid post, there are many ways that people money and have varying goals. Even if its to get better interest than a bank is giving you then its worth it
Tham gia từ Jul 19, 2020
751bài viết
Nov 19, 2021 at 12:07
Tham gia từ Jul 19, 2020
751bài viết
Forex is worth or not depends on how skillful a person can be. Without knowledge and skills Forex is a easiest and fastest way to lose money. So it varies person to person.
Tham gia từ Sep 15, 2021
9bài viết
Tham gia từ Mar 17, 2021
536bài viết
Nov 21, 2021 at 19:05
Tham gia từ Mar 17, 2021
536bài viết
pigeontrader posted:You need proper planning to make money from this market.
If you enjoy Forex trading then it is worth it. Even if you lose a little bit of money if it is fun then go for it
Tham gia từ Feb 20, 2021
78bài viết
Nov 26, 2021 at 04:09
Tham gia từ Feb 20, 2021
78bài viết
If you have the knowledge and skill, there is a lot of money to be made from forex, and then it’s totally worth.
Tham gia từ Jan 22, 2021
125bài viết
Nov 26, 2021 at 08:00
Tham gia từ Jan 22, 2021
125bài viết
UweMoench posted:Yes. If you are able to make a good profit return, then forex trading is worth it. If not, then forex trading is not their thing.
Forex is worth or not depends on how skillful a person can be. Without knowledge and skills Forex is a easiest and fastest way to lose money. So it varies person to person.
Tham gia từ Mar 28, 2021
617bài viết
Nov 28, 2021 at 14:27
Tham gia từ Mar 28, 2021
617bài viết
@skihav Yes trading can be a good option. But it's worth only when we are enough knowledgeable and skilled. Otherwise forex trading is money losing machine.
Tham gia từ Aug 26, 2020
78bài viết
Nov 29, 2021 at 13:05
Tham gia từ Aug 26, 2020
78bài viết
Loss is essential, but good preparation will reduce the risks
Tham gia từ Oct 29, 2021
70bài viết
Dec 01, 2021 at 04:03
Tham gia từ Oct 29, 2021
70bài viết
Forex trading is really worth it if you know what you are doing. The forex market is open 24 hours a day and five days a week, so there is always an opportunity for trading, but you should be aware that it is a market where you can lose as much as you might win. So prepare yourself before you consider trading.
Tham gia từ Nov 23, 2021
34bài viết
Dec 01, 2021 at 06:42
Tham gia từ Nov 23, 2021
34bài viết
Forex is a long-term endeavor. It can be beneficial if you trade properly and read about the market regularly.
Tham gia từ Nov 23, 2021
24bài viết
Dec 03, 2021 at 06:11
Tham gia từ Nov 23, 2021
24bài viết
If you do forex trading in the right way, it can be a very profitable activity. However, like with any other form of trading, there is always some element of risk involved. So, it's good to have a sound knowledge of the forex market before you start trading with real money.
Tham gia từ Jul 19, 2020
751bài viết
Dec 05, 2021 at 17:10
Tham gia từ Jul 19, 2020
751bài viết
Forex trading is getting popular day by day. You can make money by trading foreign currency. It can be a good source of income if you can learn the art of trading. To acquire the knowledge and skills you need to study a lot.
Tham gia từ Jul 23, 2020
869bài viết
Dec 07, 2021 at 17:26
Tham gia từ Jul 23, 2020
869bài viết
Professional and consistently profitable forex traders make lots of money from forex trading.
Tham gia từ Jul 23, 2020
759bài viết
Dec 09, 2021 at 21:36
Tham gia từ Jul 23, 2020
759bài viết
Forex trading is worth it if you truly want to learn it.
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