To me at the moment, forex trading is only the best to those that put more interest, zeal and effort to study and earn from it. I have seen some many people that have lost a lot from forex trading.
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The foreign exchange market (forex) is the world's largest financial market. Many traders are attracted to the forex market because of its high liquidity, around-the-clock trading and the amount of leverage that is afforded to participants.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 when you have the full knowledge about the trading, because it's really good one should understand about the forex trading before going into the investment, those that understand about trading on forex are making money from it.Forex Market Trading Hazards · Not Maintaining Trading Discipline: The largest mistake any trader can make is to let emotions control trading
We all know that this trade have their different method on how you trade, forex trading is good when you know how to trade on it, when you know how to forex trading you can be making cool money from it.Forex Market Trading Hazards · Not Maintaining Trading Discipline: The largest mistake any trader can make is to let emotions control trading
Probably, forex trading requires a lot of knowledge before you can be able to make profit from it. It is not something you will just venture into and start making money.Forex trading is very good because you do not have to invest any kind of money in it before you can start to make money immediately. It is something that anybody can be able to do without any formal education.
Yes, I agree with you. Like I was telling someone last week that there's no how you'll not lose your money forex trading. Forex trading is either you make losses or profit. Knowledge will minimize amount money you lose and also knowledge will help you to make money from forex trading.It is a good investment opportunity but not a good full-time job. It is worth to become a forex trader, but you have to keep in mind that you can't make any money through Forex trading when you HAVE TO make money. ... You will make a lot of mistakes and you will lose your money.
Yes, this is the other side of forex trading. Everyone says forex makes us rich, but the other side of forex makes us bankrupt also and that is true, so as a beginner, first don't try with real money. Start with paper and note down how many trades you win when the win ratio is higher than the loss ratio. Then start with real money.Of course you are right about the positive aspect of trading forex but I am of the opinion that forex trading is too risky for a beginner like me. A friend of mine lost all his capital last week into forex trading and this is why I think your point is not applicable in most cases.
One of the thing about the market of forex is that,it is a global market where anyone can leverage on the market volatility of any currency of his chioce and enter the market to maximise gain for himself.The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.