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Money making through forex

It's like a lot of people are no more interested in forex trading as they used to be, because it is much more risky and some people are now trading cryptocurrency because they consider it as the best.
That is the obvious reason and I believe it is one that is justified seriously as so many Individual claimed they lost so much z and we won't want to experience same fate.
 
Its a good way of making money but the problem is people just want the money but they don't want to learn how to trade forex market market, and if you don't know forget about it.
 
People do make money from forex trading and people also lose money from it , what matters is being able to understand what can lead to profit or loss
 
That is the obvious reason and I believe it is one that is justified seriously as so many Individual claimed they lost so much z and we won't want to experience same fate.
It is not that forex trading is bad ,there are a lot of people that are actually making something from it but it require a serious training and natural talent for you to succeed, cryptocurrency is a little bit flexible.
 
I heard it is difficult to make money on forex, that you could loose a large sum of money there within minutes.I also heard some people saying you could make lot of money on forex but you have to educate yourself first(diligently working to know the in and out of forex) and you must be disciplined in the sense that you don't let your greed take control of your thinking and you also have to always make trade winds the stop loss take profit strategy to minimize loss and also to prevent you loosing your profit.
You have actually said it all. There isn't a better way to explain how the forex market works in simple terms.
 
I've been into forex trading for about a year now. These are the things I've learnt.

You must have basic understanding of forex terminology.

You must choose your broker diligently.

You don't need to acquire the technical knowledge of forex to make profit & losses 😅.

You can find a reliable signal service and trade with the signals, however you must exercise money management skills so as not to blow your account.

You must not expect to be a millionaire in 6 months. It's not practicable.

Hit me up for some extra tips.
 
I heard it is difficult to make money on forex, that you could loose a large sum of money there within minutes.I also heard some people saying you could make lot of money on forex but you have to educate yourself first(diligently working to know the in and out of forex) and you must be disciplined in the sense that you don't let your greed take control of your thinking and you also have to always make trade winds the stop loss take profit strategy to minimize loss and also to prevent you loosing your profit.
You have said it all op. The only thing that can actually make you succeed in the forex market is patience through testing of strategies.
 
Making money through Forex is a very good business and one that is very lucrative as far as the person is not being greedy. Personally for me I have plans for three major sources of income 1 my skill as a designer 2 Forex 3 government work that one comes if I'm lucky. Currently have achieved only one my that is really painful because I often want and plan on achieving at least 2 by the end of this year.
 
Forex trading is very lucrative venture if you have the right skills and knowledge of how it works. You also need a very good strategy to make money from it.
 
Actually they are lots of comments and sayings on doing forex trading in the market about it progress.But we all need to be enlightened about the forex trading and how it goes about the merit and the likely demerit.

I don't really have any knowledge about forex trading and I don't really think I'll be stressing myself trying to learn it right now because I don't believe it's the right choice for me to take when it comes to investment online.
 
Forex has proven too many people that it is a reliable way of making money but it is not easy at all. You want to make money through forex you will have to dedicate a lot of time to learn it.
 
My Friend always emphasize on the need to make use of the stop loss feature whenever you are not sure of a particular trade as it goes a long way to help minimize losses.
Yes stop lose is very important in not just forex trading but in crypto too. It will help you minimise unexpected loss. You should also have a set target and not be greedy so as not to lose.
 
In general, newcomers to forex trading will stop in less than two years, you must be careful that foreign exchange rates often differ from one broker to another. because it uses Leverage so you can use minimal capital. And you must be able to determine when the price will increase to place a buy position, otherwise place a sell position if the price will go down.
 
What you have heard is correct. Forex is never a direct path to success. It opens a door to both ways. Yet, the bad door can be avoided by constant learning and practicing to improve. I have lost some money too and I have earned a little
 
People who.learned and understand how forex works are earning full-time around forex. But at times too, the market goes shsmble and losses come through it.
 
I heard it is difficult to make money on forex, that you could loose a large sum of money there within minutes.I also heard some people saying you could make lot of money on forex but you have to educate yourself first(diligently working to know the in and out of forex) and you must be disciplined in the sense that you don't let your greed take control of your thinking and you also have to always make trade winds the stop loss take profit strategy to minimize loss and also to prevent you loosing your profit.
Forex is very complicating so one needed to be extremely careful, because forex is not something you just jump into and start trading immediately you have to take your time to learn and educate yourself
 
I heard it is difficult to make money on forex, that you could loose a large sum of money there within minutes.I also heard some people saying you could make lot of money on forex but you have to educate yourself first(diligently working to know the in and out of forex) and you must be disciplined in the sense that you don't let your greed take control of your thinking and you also have to always make trade winds the stop loss take profit strategy to minimize loss and also to prevent you loosing your profit.
Its best if after hearing those words from other people, I suggest you try to do it yourself for you to see. You just try it out with a little amount so that you know whether that little amount in trading will either grow or be lost. If you are successful with little then try it bigtime.
 
The art of forex trading can be very lucreative if you know and understand the technique involved in the market.You really need to be properlly mentored and guided in the art.You need not be too greedy about setting what you should consider a limit of gain for the day.
 
Forex trading is generally risky, but if you really want to make money from it, get someone who is a successful trader to mentor you. Don't forget to do your personal research. It is really demanding to learn, but will yield big at the end.
That is correct. Let somebody teach you how to trade in forex especially the successful trader. I agree that personal research is needed before trading in forex.
 

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