Investing in Forex

If you are going to trade crypto then get a proper crypto broker and buy the underlying currency. You usually cannot get leverage any more on crypto so you might as well buy the asset. Make sure they are one of the big one though as the smaller ones are probably scammers

KzakSerik posted:
If you are going to trade crypto then get a proper crypto broker and buy the underlying currency. You usually cannot get leverage any more on crypto so you might as well buy the asset. Make sure they are one of the big one though as the smaller ones are probably scammers

Maybe you are right; but I see right now many Forex brokers are offering crypto trading pairs! So, it’s not a bad option.

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.

in Forex Patience is important, I do agree. But more important is trading discipline. Without real trading discipline that’s not possible at all to lead a successful trading life with certainly in spite of having most powerful analyzing trade knowledge.

In the present world, Forex trading business is a standard way of money making, but it’s not easy! Here more than 90% traders are struggling for making regular money from this financial market! But it’s true, good skilled Forex traders are enjoying this trading profession a lot, because they easily can identify the difference between safe and risky entry points of market!

Are you one of those traders that can 'easily can identify the difference between safe and risky entry points of market!' - If so how did you get there? You have some secret strategy or just use normal strategy but lots of screen time. I am one of the 90% so need help

AdebayoTheBest posted:
Are you one of those traders that can 'easily can identify the difference between safe and risky entry points of market!' - If so how did you get there? You have some secret strategy or just use normal strategy but lots of screen time. I am one of the 90% so need help

Hi mate; I think you should learn market chart based trading & support/resistant. Please, don’t rely on others! No one will actually help you in reality.

For me, Forex doesn’t mean unlimited profit! Now I am making only 10% profit (in average) with my 5 years trading experience! BY the way, yes I am happy on my trading performance!

Does anyone use darwinex for investing?

Pikasso posted:
Does anyone use darwinex for investing?

No I have no experience; even I don’t see any trader from this broker in this Forex community.

Forex market is the largest and most liquid market in the world! In addition, in order to the Bank of International Settlements, Forex trading increased to an average of $5.5 trillion in a day! That means, there is no question on reliability and transparency! But, it’s true trading without proper knowledge and experience is risky! So, if you are a novice trader, study more to reduce your risk reward ratio!

I always keep this in mind, 'Forex trading is loss until proven otherwise'.

To enter Forex market is so much easy. With little amount you can kick off trading at any place. But the main deal is surviving that is really difficult. Because this market is too much volatile and no one can predict the real faction of this market with surely. so we have to pass a long time in here , if we want to get maximal result from here.

Nasrul_Swing posted:
I always keep this in mind, 'Forex trading is loss until proven otherwise'.

Losing money is very easy here; only pro traders can make a consistent profit here. But, with an ordinary trading skill success is really impossible!

Nasrul_Swing posted:
I always keep this in mind, 'Forex trading is loss until proven otherwise'.

Brilliant. I have printed that out put it next to my trading PC. Could help me make a few pips

Laksa56 posted:

Nasrul_Swing posted:
I always keep this in mind, 'Forex trading is loss until proven otherwise'.

Brilliant. I have printed that out put it next to my trading PC. Could help me make a few pips

That’s really cool! Can you please share the print version? I’m curious to see!

It is rather negative but probably true for most traders. I would prefer to think in probabilities. Each Forex trade has an X percent chance of success so if it loses then that is to be expected sometimes

It is easy to make a profit on Forex.
It is very hard to keep it that way :)

If Patience, Discipline and Accepting Losses are not your strongest characters, find other sources of investment.