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  1. #1
    Join Date
    Jul 2020
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    162

    What do you think about forex trading?

    Forex is a currency trading market. Everybody comes to the market to earn money. But few traders are succussing to their goal. Most traders are failing. Many reasons behind that failure. So, traders should focus on gain knowledge of proper trading instead of making money. It is also easy to learn to trade. In this market, many brokers offer free educational resources to their traders.

  2. #2
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    Jan 2020
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    257
    To be a successful trader, it is important to comprehend the estimation of misfortunes, as without that we are not going to be make benefits either. Regardless of what happens we ought to dependably hope to gain from a trader, as it is not just the cash that is sure in a trade, yet additionally to have the capacity to learn and get a decent lesson is another crucial part. In this manner I want to trade just with Tpglobalfx, as they give me their master analysis and up to date news. It also provides ultra low spreads as low as 0.01 pips.

  3. #3
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    Jan 2020
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    257
    Forex is a risky market in world. Trader should trade safely in this market. But most of trader fail to do that. Proper risk and money management is essential to reduce the risk and survive long in this market. I use 1 :2 risk reward ratio and only take 2% risk per trade. And, I am trading with Tpglobalfx. My broker provides high leverage but I only use low leverage.

  4. #4
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    May 2020
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    I consider this option of earnings quite real, and most importantly - interesting in terms of work. At least I was able to earn quite good funds on such an income option.

  5. #5
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    Quote Originally Posted by malopis View Post
    I consider this option of earnings quite real, and most importantly - interesting in terms of work. At least I was able to earn quite good funds on such an income option.
    I have seen many of the newbie Forex traders who are making money from the business because they are devoting their time and energy and making good profits also.

  6. #6
    Join Date
    Jan 2021
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    117
    Quote Originally Posted by Steve Martin View Post
    Forex is a risky market in world. Trader should trade safely in this market. But most of trader fail to do that. Proper risk and money management is essential to reduce the risk and survive long in this market. I use 1 :2 risk reward ratio and only take 2% risk per trade. And, I am trading with Tpglobalfx. My broker provides high leverage but I only use low leverage.
    It's very good that you mentioned risk management. It's something that should never be overlooked. In my opinion good trading is not simply defined by the profits you make but rather by the risk you take on your trades.

  7. #7
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    Feb 2021
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    15
    Indeed, one should not forget that managing risks is an opportunity for you to avoid unwanted losses, and at each stage these risks are special and must be taken into account.

  8. #8
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    May 2020
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    This option of earnings seemed quite interesting to me. When I started using a broker from Amarkets to work, I was able to get quite good work results.

  9. #9
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    Apr 2020
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    100
    In the forex market, you can really make good money, as well as develop as a person, but you need to understand that this requires spending time, and you must understand for yourself if you are ready.

  10. #10
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    Feb 2021
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    9
    It seems to me to make money with the help of such an opportunity, it is very convenient and profitable, of course, it all depends on your attitude the more serious you take it, the more successful you can become. So I realized that I need to choose the right broker who will provide good conditions and there will be no difficulties with the withdrawal of funds, which is why I trade with Expertoption.

  11. #11
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    May 2020
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    For me, trading has become a great option for earning money. At least so far I consider this option for myself very profitable and interesting.

  12. #12
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    May 2020
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    110
    Forex trading seems to me at the moment the most common resource for making money, which gives great opportunities and which can now be used very competently.

  13. #13
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    As for me, the trader can think about forex completely different things, the main thing is whether trading makes him profit or not. This is a key task.

  14. #14
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    Jun 2020
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    205
    Trading requires a lot of knowledge. It is not possible to make a profit without trading knowledge. There must be a loss in trading and we have to learn from this loss. I practiced the demo for 6 months when I joined the trading as a new trader and during this demo practice, I did a lot of research on trading. I used the demo account of Forex4you at first to know the basics, Still, now I am trading under this broker.

  15. #15
    Join Date
    Sep 2018
    Posts
    585
    The first step as a beginner trader is to learn the basics of forex trading, therefore it is very appropriate to learn the basics of forex on a Freshforex demo account before trading on a real account.

  16. #16
    everyone will have their own option, for someone it is a good hobby, for someone - earnings, well, you need to combine these two, and get pleasure from work

  17. #17
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    Dec 2020
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    Quote Originally Posted by Hedarrasan View Post
    everyone will have their own option, for someone it is a good hobby, for someone - earnings, well, you need to combine these two, and get pleasure from work
    Many of the forex traders who are doing this business are doing so on a part-time basis but they need to understand that forex trading is a real business and they need to pay special attention and time to his business.

  18. #18
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    May 2020
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    In general, trading turned out to be a rather interesting option for work. The biggest disadvantage is that without preparation it is quite difficult to get the desired result.

  19. #19
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    Aug 2020
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    157
    Making a consistent profit in the forex market is hard. Traders need a proper trading plan and strategy to achieve this kind of success. Practice makes a man perfect. So, practice in the demo account as much as possible. Master your trading strategy. Thatís why, I am trading with Eurotrader and practice in the demo account, besides real trading.

  20. #20
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    Jul 2020
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    754
    I believe that forex is a rather interesting option for earning money. More specifically, I work in this industry not so long ago, but I have already really managed to appreciate the advantages!

  21. #21
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    Apr 2020
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    For me, trading has become a very good option for earning. I started using a broker from Amarkets to work, and I achieved really good results. For me, this is a great option for work.

  22. #22
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    Jul 2020
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    754
    For me, forex has become a very good option for work. I use a broker from ExpertOption for trading, and I was able to earn a pretty good profit.

  23. #23
    Join Date
    Apr 2017
    Posts
    714
    There are many reasons to do Forex business to me and the main reasons are it is very flexible business, no central place, online base investment, no timing problem so you can work any time, mostly profitable and student supported business also. I like TP Global FX broker as because I am trading with them by the last three years happily. They have best tools and features as like – more than 150 trade able tools, no slippage, dealing desk or re-quote problem etc.

  24. #24
    Join Date
    Aug 2017
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    1,331
    You can make a lot money from Forex market. But you have to follow some basic rules. If you want to make money in a quick time, Forex market will not for you. In forex market, the main thing that a trader need to have is patience. The more you wait, the more it is possible to make money. Quick trade can put you in loss. This is a long term investment. I am trading with Forex4you from last 2 years. with the help of them I learned that there is no scope to be quick. patience is the main key factor to make profit from the forex market.

  25. #25
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    May 2020
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    As for me, trading is a really interesting option to work with, which can suit many. I have been using this option relatively recently, but I'm really happy with the results.

  26. #26
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    Dec 2020
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    Quote Originally Posted by malopis View Post
    As for me, trading is a really interesting option to work with, which can suit many. I have been using this option relatively recently, but I'm really happy with the results.
    I am doing my trading in the Forex markets so i understand that trading will require a lot of Efforts from the traders perspective.

  27. #27
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    Jan 2021
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    405
    I think that this is an excellent option for making a good profit, only it is too situational and not suitable for everyone, as well as other activities

  28. #28
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    Quote Originally Posted by Diedriarekh View Post
    I think that this is an excellent option for making a good profit, only it is too situational and not suitable for everyone, as well as other activities
    It is a known fact that the traders will need to make use of their skills so that they can learn about Trading in the Forex markets easily.

  29. #29
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    Aug 2020
    Posts
    75
    In my opinion, Forex is a good source of income if traders can trade with patience and strategy. If you have the right beliefs and positivity towards trading, you can be confident that you can make a good income from forex and one day become a successful trader. In my case, I learned to trade properly from my broker Eurotrader educational course.

  30. #30
    If you do not take into account the risks that are present in this area of trade, then we can say that, in principle, the market is quite profitable and convenient, everything just has to come from you and from your desire.

  31. #31
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    Apr 2016
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    603
    I think forex is a high liquidity market as compared with other financial markets. It has the largest number of traders in the world. This promotes that large order of currency trades are easily filled efficiently without any large price variations.

  32. #32
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    May 2020
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    Trading is a rather interesting option to work with, which has its own characteristics. As for me, every trader can appreciate it.

  33. #33
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    Quote Originally Posted by malopis View Post
    Trading is a rather interesting option to work with, which has its own characteristics. As for me, every trader can appreciate it.
    We must understand that if we are using a correct analysis for doing our trading then our income will also start increasing from this business.

  34. #34
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    Jan 2021
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    405
    I think this is a great way to earn money for those who like to sit at the computer, for those who like to follow the market and take some kind of participation in it

  35. #35
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    Quote Originally Posted by Diedriarekh View Post
    I think this is a great way to earn money for those who like to sit at the computer, for those who like to follow the market and take some kind of participation in it
    To be able to make income from the Forex trading business the main and important factor is the proper use of the Trading skills in doing our trades.

  36. #36
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    Jul 2020
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    754
    I like trading. I have been working in this industry for a long time, and I believe that this is a really interesting option for work, which should be given attention.

  37. #37
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    Sep 2018
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    585
    I can earn passive income from forex trading. All need hard work and nothing is instant. Full support from Freshforex makes my trading even better.

  38. #38
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    Apr 2020
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    I think forex is quite an interesting option for work. At least I have been using forex for work for a long time, and so far I am quite pleased with the results.

  39. #39
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    Jul 2020
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    754
    For me, forex is a rather interesting option for work. The main thing is to use all available tools correctly and know the work.

  40. #40
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    Dec 2020
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    Quote Originally Posted by dayzzz View Post
    For me, forex is a rather interesting option for work. The main thing is to use all available tools correctly and know the work.
    If we want to make income in this business then the best trading approach will be to use a Formulated Trading Strategy for getting the success.

  41. #41
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    Jan 2021
    Posts
    405
    everyone will have their own opinion, because every trader wants something different from Forex, and expectations will be different

  42. #42
    Join Date
    Mar 2020
    Posts
    178
    Forex is a great and legit way to make money but it can be risky too. Most of the traders start trading without proper knowledge and they want to become rich fast so they mostly fail to make good money. So if you are new and want to make good money then it is necessary for you gain some good knowledge about forex and then jump into this arena and try to make money.

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