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Forex is good in terms of return | Myfxbook
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@Tremblay Forex cab be the best way to make money only if one is ready to give time and efforts to learn the art of trading.
Also, do not forget that forex can help and lose money. Here everything depends only on the trader himself.
Yes, profit or loss in forex depends upon a trader’s psychology, his willingness to learn and the time he dedicates to practice.
Aug 03 2021 at 07:22
Biedrs kopš   41 ieraksti
Forex trading can indeed lead to great returns, but it is important to avoid thinking that it is so easy and quick to attain. The truth is that it takes time, plenty of work such as by carrying out careful analyses, and you also need to be responsible in your trading by setting certain limits in terms of risks and money management.
Sep 12 2021 at 13:53
Biedrs kopš   283 ieraksti
Also, do not forget that forex can help and lose money. Here everything depends only on the trader himself.
for many newbies it turns out that they hope for a big profit, but there is none, only losses
Sep 13 2021 at 01:05
Biedrs kopš   176 ieraksti
While it is easy to put things on paper and plan while outside the market, getting into the market and implementing your plan really tests your ability and capabilities. Your first plan can be made better if you take market experience into account, since with experience you can overcompensate for any deficiencies.
Sep 13 2021 at 06:55
Biedrs kopš   187 ieraksti
While it is easy to put things on paper and plan while outside the market, getting into the market and implementing your plan really tests your ability and capabilities. Your first plan can be made better if you take market experience into account, since with experience you can overcompensate for any deficiencies.
Yes planning for anything is very easy but executing the plan and working according to it is the real test, that is why before going live we need to practice on demo accounts.
Sep 28 2021 at 20:04
Biedrs kopš   28 ieraksti
I do agree with you here, if we talk about short-term investing. Forex trading can bring you really high profits in a short period of time especially if we compare it with some other forms of investing. However, if we talk about long-term, investing in stocks or funds is much more profitable and less nervous than trading.
Sep 29 2021 at 00:22
Biedrs kopš   355 ieraksti
Forex trading is a high-risk high gain, for long term return if any trader already having good ability to make a consistent profit, it will become a good gain for the long term, but indeed forex is risky, maybe only 15% traders can survive and make money in forex, diversification investment is one way to manage to invest business, an investor suggested to giving less than 30% potion for trading.
Sep 29 2021 at 10:20
Biedrs kopš   112 ieraksti
If you see forex trading as high risk, then you don't know what you are doing. With anything you do there's always a risk but it doesn't mean it's risky.
Trading is a marathon, not a sprint.
Sep 29 2021 at 13:46
Biedrs kopš   751 ieraksti
@8christianpaul8 Of course Forex has risk. That's why risk management is so important in Forex. If it's not risky then there is no point of risk management. Every business has its own risk but Forex is riskier.
Sep 30 2021 at 05:35
Biedrs kopš   112 ieraksti
I'm not saying it's not risky. I just don't agree that it's high risk as others mentioned. I agree that everything has its own risk. When you say riskier, compared to what? Money management solves any risk with Forex. It doesn't have to be high risk.
Trading is a marathon, not a sprint.
Sep 30 2021 at 07:51
Biedrs kopš   801 ieraksti
Well, it all depends on the trader. It is far from a fact that a trader will be able to quickly get his money back.
Sep 30 2021 at 08:25
Biedrs kopš   57 ieraksti
Christian Paul forex trading has high risks and no one can ignore that no matter how optimistic you are. Moreover I believe that the levels of risk in forex trading can be reduced if trading is done with the right strategies.
Oct 01 2021 at 10:09
Biedrs kopš   46 ieraksti
‌‌‌Everything comes with a risk. With a good strategy and proper Money Management, you can make a good profit. Developing trading psychology is also an important factor to consider in Forex.
Oct 01 2021 at 10:32
Biedrs kopš   788 ieraksti
‌‌‌Everything comes with a risk. With a good strategy and proper Money Management, you can make a good profit. Developing trading psychology is also an important factor to consider in Forex.
Exactly, a lot is needed to make profits in development skills and money management trading.
Oct 01 2021 at 13:06
Biedrs kopš   558 ieraksti
@karenpeters Yes you are right. Good strategy, risk management and a solid trading psychology is very much needed for success in forex trading.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
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