Forex trading is a very good business venture but at the same time you need a lot of knowledge for you to succeed on it. it is not something you will invest money on and start making profit immediately.
investment in forex trading without experience
- Thread starter Yaqoob Habib
- Start date
AlexyMantac
New member
It's easy to attract people with promises of huge passive income. The dream of every person on the planet is to get money for nothing. However, investing is not "nothing. Not to mention that it's hard work, it requires training and basic knowledge of the market. This will allow you to succeed in investing with less risk. What's more, there are now many platforms with free or low-cost investing strategies, some of which even offer virtual money so you can learn how to manage it. You can find more information about these platforms here https://www.moneyunder30.com/start-investing-with-little-money.
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Vinsane
Familiar Face
You can create practice accounts on forex trading brokers and just trade for fun so you can practice your trading skills without the risk of any real life money I think that this is a great idea for people that want to get into it
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Its not always proper to thiink that you can invest in the forex trading market and have no skills if you dont have the experience and the skills there is no way which you can make profit from here so I think that the best option is for you to try and learn how to trade before you can proceed
Definitely, experience is one of the most important when it comes to trading in the forex market. Those who are experienced know how the market works and the right time to invest and to take profit. I always advise newbies to use copy trading because they can have them make some profit on the short run.
There is no way which you can invest in the forex trading market without experience to be sincere there is no way which profit can be made here everything about forex is all about experience and knowledge when you start trading all that you need is to get train.
If you never get yourself well train there is no way whch you can be able to placed better trade so I think that experience is the best teacher in which ever of what we are doing so when you step into the forex market at first start from demo accont and learn from there.
If you never get yourself well train there is no way whch you can be able to placed better trade so I think that experience is the best teacher in which ever of what we are doing so when you step into the forex market at first start from demo accont and learn from there.
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The problem is that it is much harder for many people to interpret the data and charts in the forex market. This is why I believe that a beginner should start from zero in order to make money in this kind of market and learn things by watching tutorials.
There is no way you can go into forex trading without having any experience on it, because knowing about the business you really want to go into can really help you to move fast in the business, and also make good money from it.
This is very true. Anyone who is an expert in forex trading will easily make profit in cryptocurrency trading. there is a person I met some time ago and he said that if I really want to make profit in cryptocurrency during bear seasons I should make friends with forex traders.
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Like serious there is no way which you make money in forex trading without experience you wont even be able to trade there is no way which you can trade the forex market and expect to win without experience.
Well, the main issue with Forex trading is that you could suffer from loss at any time and it is quite risky. There are many traders who have been buying Euro and they suffered when the value of Euro plunged badly.
That's true, the decline in the value of the euro is as a result of many challenges European countries are facing due to the coronavirus pandemic and the Russia Ukraine war. I think it is important for people to understand many country's economics before they venture into Forex trading
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Investment in the forex market without experience is not that too good because you wont have any knowledge on how to trade make analysis and win the market that wont just be possible.
So I think that if you invest in the forex market the first thing is for you to have the experience which will help you to win.
So I think that if you invest in the forex market the first thing is for you to have the experience which will help you to win.
The only plain truth is you can't just go into the market with no experience and expect profits, that's not possible, you need to have experience and knowledge before you can press those live buttons.
Investing in forex without experience is not good at all because you will end up losing everything. You need to understand that forex trading is not gambling and therefore you must take time to learn the necessary things.
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Actually investing in forex trading without knowledge is really a waste of time because you can know who and when to set your goals and not even know when and how to start the business.
Trying to invest in forex trading without proper knowledge of how it works will make you lose a lot of your money. It is good and important you bring out some months to learn how forex trading works properly through enrolling in courses and using demo account.
Any kind of business you start whether online or offline without enough knowledge of it is a total waste of time. One of the major reasons people always venture into this kind of business is because they want quick wealth.
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That is just the true fact,because the issue of forex is not smething you just go into and begin to earn money,you need to know and understand the rudiment of the market and how to trade properlly.
You're right. Investing in forex without knowledge is a suicidal mission. It's not not advisable. I always people that care to listen to shun the temptations of diving into forex without knowledge. The temptations will surely come when your friend who is into it is making big money, but don't give in to this temptations.
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