investment in forex trading without experience

[ghxstvecna]

It is possible to trade Forex without a broker but only if you are aware of what you are doing and have done your research beforehand. You also need some capital in order to get started with online trading because there are no brokers who will give money to someone without having any experience with the market yet.

 

[Genie01]

If you invest on forex trading without a very good experience, you will definitely fail. The knowledge needed around forex is very huge because getting the knowledge around forex takes lots of time.

I truly agree with you, without the adequate knowledge it would be very easy to lose your invested capital because the financial markets is crazy.

 

[UsmanAmoyo]

I truly agree with you, without the adequate knowledge it would be very easy to lose your invested capital because the financial markets is crazy.

Venturing into forex trading without adequate knowledge is the greatest undoing you could do to your financial life.
It always arrive at futility.

 

[Genie01]

Venturing into forex trading without adequate knowledge is the greatest undoing you could do to your financial life.
It always arrive at futility.

Indeed if you are interested in making money and not interested about the boring process. It would be difficult to earn via trading. The process is stretching.

 

[frederick_9]

Without a lot of prior trading knowledge, investing in forex is a sure way to lose money.
Since learning about forex requires a lot of time, there is a big need for this expertise.

 

[UsmanAmoyo]

Without a lot of prior trading knowledge, investing in forex is a sure way to lose money.
Since learning about forex requires a lot of time, there is a big need for this expertise.

Yes indeed , if one is venturing in without any skill or experience the chances of losing their capital is really high and that would not be good for the person investing.

 

[Genie01]

Yes indeed , if one is venturing in without any skill or experience the chances of losing their capital is really high and that would not be good for the person investing.

You are very right. Venturing without a skill or prior knowledge is quite deadly and is not advisable to anyone.
It would make them take naive decisions.

 

[Ofonime6]

To make money in the forex market all that you need to do is learn how to trade gain alot of experience and know that this feild of investment seems to be so risk so you dont need to admin the thesis that someone can make money in forex without experience the first thing you need is experience

 

[UsmanAmoyo]

You are very right. Venturing without a skill or prior knowledge is quite deadly and is not advisable to anyone.
It would make them take naive decisions.

You are absolutely on point.
 The fundamental thing is just knowledge , when you chase after it the money would follow you regardless your financial situation.

 

[Genie01]

You are absolutely on point.
 The fundamental thing is just knowledge , when you chase after it the money would follow you regardless your financial situation.

The opposite is true too I believe.
Once you are chasing after the money, the experience will not be there and the money would be impossible to get. That's why priority matters

 

[Ofonime6]

Its going to be hard to make money in the forex market without experience so I think that when you get started even your broker will tell you that all you need is experience and the knowledge when those skills are there then you can start making money

 

[UsmanAmoyo]

The opposite is true too I believe.
Once you are chasing after the money, the experience will not be there and the money would be impossible to get. That's why priority matters

Indeed priorities really matters. Even though it is not unusual to feel compelled to chase money, one has to shift priority to seeking working knowledge so that one can become successful.

 

[Genie01]

Indeed priorities really matters. Even though it is not unusual to feel compelled to chase money, one has to shift priority to seeking working knowledge so that one can become successful.

Yeah , once that has been done, it would just make the money to automatically begin to chase you and life would be easier at that moment because you would have the money you need.

 

[Floura]

If you are good at doing that it means you don't really know what you want, if you want to earn money online by trading you have a learn before you can earn.

 

[Ofonime6]

Its not proper to invest in forex trading without experience seriously I beleive that if you want to go into the forex market the best thing for you to do is for you to get training derive those experience and knowledge at first then before proceed to do the real excution in your real trading account

 

[Good-Person]

There are so many people who tend to invest in the Forex market, but they experience losses as they do not have enough trading experience. However, they gain experience by the passage of time.

 

[Ofonime6]

Forex is never an easy business if you want to trade in the forex market I beleive that you need experience and knowledge if you dont have the experience its going to be difficult for you to trade and comeout with profit so I think that forex need your skills and technical know how on trade both fundamental and technical analysis

 

[Good-Person]

Forex is a very risky business and it requires a lot of knowledge before you couldn't dive into it. if you do not have the leading neede knowledge in forex, it is better not to invest on it because you could lose all your funds. You could get yourself a demo account to learn the basics of forex trading.

Investing money in the forex market is not at all advisable if you do not have experience and if you have not created a valid and reasonable portfolio for yourself.

 

[Ofonime6]

Forex trading is one of the business which I have done in the pass and earn alot of money from but sometime even if I do face loss I have to continue learning I learn from my demo account actively and I hire someone who teach me how to trade so I think that forex trading is one of those best business which someone can do to earn some additional amount of money,crypto is good as well

 

[tray59]

If you don't have the experience there is no need to invest in the forex market you will definitely loss mostly if you are using the higher time frame you can choose to take advantage of pamm account if you don't have knowledge