Forex trading best or not?

[ranaabubakar263]

If you want to do forex trading, first you need to know more about it and gather all other and related information about it. This will give you an advantage when you are fully expert and trained in it.

 

[Mastercoded]

Forex trading is not rocket science where everyone without prior knowledge can just get into it. It needs a lot of brain power and calculation before one can make any meaning profit from it, that is why today, we have lot of brokers and few that bring home the trophy call profit, apart from that, forex is not for everyone

 

[Erin]

Forex trading is one the way to make money without stress, the only thing you need for forex is a laptop, cell phone, and a little amount of capital to start. After that you are rich.
Forex is the best way to make money online nowadays, it very good.

 

[Khezo]

Forex trading is good but I wouldn't say it's the best way to make money because of all the risk involved in the process of making money through forex. All this processes can bring about the losing of money

 

[Shahzad Ahmad]

Forex trading is best online business. It has many advantages,
You can become successful Forex trader that have include consistent profits. I think we can all agree that most traders use profits to benchmark the success of another. However, success in any endeavor is about more than just money. It’s also about the joy and passion it adds to your life which is in business.

 

[Mawome]

For me Forex is not the best trading option, I prefer binance trading, becouse in binance you don't loose a dime, unless you want to lose money, but in Forex trading if you are not careful you can lose all your capital, I tell you. Binance has an option where you can activate stop loss and take profit, that is when the market starts going against the trend.

 

[idhans]

Which things make forex trading better then other trading platforms or brokers?what are it's positive aspects?why we should only consider this and not other options?

Forex trading is far better than putting money in investment platforms and high-yield Investment schemes. All you have to do is to get a good forex trainer and be patient to undergo the training. The mistake people do is that the start live trading immediately after their training.

 

[Debola]

Which things make forex trading better then other trading platforms or brokers?what are it's positive aspects?why we should only consider this and not other options?

But here is the good news… it depends on you. A lot of people trying to profit from the Forex market fail to realize that there expectations and goals have a lot to do with their success. So, if they have realistic expectations and achievable goals, Forex can be very profitable and definitely “worth it”.

 

[Sanusi]

Forex is one of the best online making platform if not the best, what makes forex interesting is that the indicators are very easy to use and also its volatility, moreover goals are easily achievable if you can manage your money well.

 

[Dowenship]

Which things make forex trading better then other trading platforms or brokers?what are it's positive aspects?why we should only consider this and not other options?

What makes you think forex trading is better than other trading platform. Where people are flourishing from crypto currency trading.

Quote of the day:

Never give up, because the breakthrough is near. Keep pushing till you win

 

[tyrim88]

Forex is actually a sure trading option to get in huge amount of money withtin a short period of time,but you need to know the technicalities to rake in huge funds and also yyour strategy also counts as well.But it's very easy to loss as well when you don't know the pros and cons in the market voilatility.

 

[Onachukwu]

Before you enter any market as a trader, you need to have some idea of how you will make decisions to execute your trades. You must know what information you will need to make the appropriate decision on entering or exiting a trade. Some people choose to look at the underlying fundamentals of the economy as well as a chart to determine the best time to execute the trade. Others use only technical analysis.

 

[Alexandoy]

Trading in forex is buying foreign currency that you think can earn you a profit. One example is the US dollar. You buy the US dollar and you keep it until the exchange rate vis-a-vis your currency is higher. That is the time to sell the US dollar so you can get hold of the profit. Take note that the increase in value of the US dollar is not much so that should be a food for thought for you that forex trading is not very promising in terms of profitability.

 

[Highflyer]

Forex trading is good and lucrative, however you need to have the necessary experience to be a successful trader. I suggest one should start with as little as $50 to master the ropes before investing more.

 

[Anas Chaudhary]

It is a well-known fact that a significant number of foreign exchange traders fail. Even various websites and blogs say that 70%, 80%, and more than 90% of forex traders lose money and quit their jobs.

 

[Jomarie05]

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

 

[George10640]

The thing always to be proud of is forex trading being recession proof .When taken as a longterm investment, then you will realise how forex is really profitable. The short term traders lose a lot thus making them have a rough journey while trading.Longterm trading as it states takes your time and that's why profits exceeds losses most of the time.

 

[Bright Empire]

Forex is the best due to how fast you can earn money on it,

 

[Damscooguns73]

Concerning if forex trading is best or not. Well, forex has been best for people who has taken time to study, acquire knowledge and skills, experience, had expert and guaidance and have made money on the forex brokers. It has really helped people in this time of recession and pandemic and has the same time made people regret due to their massive lost in it

 

[tinalupescu41]

I think forex trading is a good earning but it is not the best definitely crypto is better than forex in profit marks for fluctuations. I guess crypto is cool option but to choose which is best we may recommend a very high paid job where pressure is relatively less.