Forex and its earning

Earning is Forex is not easy at all. There is too many who loses money simply because they take it lightly. They think knowing minimum knowledge about Forex is good to kick off trading right away. They think they can earn good amount of money in here. But one thing I want to say in order to my trading experience , in Forex trading you like digging a hole, the deeper you dig the more chance its can turn into a well and get water.

According to me, Forex trading is not any kind of lottery or gambling, so I seem; traders need to open their demo after completing basic topics on Forex! Actually, when I opened my demo account then I didn’t know how to ride on Mt4 trading platform perfectly, so I faced initial problem with my Mt4 trading platform! So, you can work with your trading platform before starting your trading!

It's not easy to start trading, neither to earn something from trading. It's just not so easy as it sounds.

TiffanyK posted:
It's not easy to start trading, neither to earn something from trading. It's just not so easy as it sounds.

I'd say it's easy to start trading, but not at all easy to keep trading after the first few days to a few weeks. 😁

I am not sure of the point of this thread, but just like anything in life, you can't simply figure it out in a few weeks or months, it takes years to hone your skill and become a professional.

in Fx trading from all trading elements leverage is an important financial tool which an investor should consider when choosing a broker. practically leverage allows an investor to grow his market exposure to a level that exceeds the initial investments.

The proper education is really important for the traders to become a knowledgeable trader very rapidly. generally many experience trader suggest Babypips as a best educational platforms which always ensures all important trading with essential terms and conditions. but according to me, I don’t think so.

It's easy to start trading and lose at all. Open the demo account first and start to improve your knowledges. that is my opinion.

Jimmblack posted:
It's easy to start trading and lose at all. Open the demo account first and start to improve your knowledges. that is my opinion.

Gaining knowledge and experience also requires a lot of studying a lot of theory, trading on a demo account is not enough.

Yes Forex can be a great source to earn money very rapidly , if you can acquire most powerful analyzing trade knowledge by learning , on the other hand besides good trading knowledge you have to be a reliable support from a credible trading broker , because the broker can affects the result of our trading with certainly

yeah but not that much (unless you have a terrible broker). main thing is know when to buy / sell. doesn't make much difference if broker takes an extra pip here or there

We have to depend on our trading strategies basically for making profit with great consistency, so if we want to get maximal result by our trading approaches first of all we have to know how to manage money in Forex. Otherwise it is not possible at all to get more profit by our strategies despite of good trading knowledge.

Even though many kinds of traders like to scalping strategy very much due to getting profit instantly but I don’t like to depend on this short time trading approach, because despite of a most usable trading policy scalping sometimes causes huge losses.

Forex trading business is much better option than any other profession! Forex trading business is also available for the part time Forex trader, since market is open for 24 hours! BY the way, Forex business is not appropriate for the greedy people who want to make quick success here!

Imamul posted:
Forex trading business is much better option than any other profession! Forex trading business is also available for the part time Forex trader, since market is open for 24 hours! BY the way, Forex business is not appropriate for the greedy people who want to make quick success here!

That's true, as long as one can trade well and 95% of traders lose money.

it is great that FX can be a part time occupation. It's like being an uber driver but with great risk (and potential reward!)

A lot more risk than uber! but probably more fun

According to me , Forex is the best platform for everyone here we can make money easily , but it is more appropriate to ensure a best trading environment for acquiring proper trading knowledge which is the key to success in this trading platform.

In Forex trading There are many important trading elements that we the traders have to check when choosing a broker . from all spreads is an mainly considered as an important financial tool which an investor should consider when choosing a broker. The lowest trading spreads is very supportive to lead a healthy trading life with surely.