What are the Major issues in forex trading??

[eLdavis]

One major issue in forex trading is that most persons go into forex trading with the mindset of getting rich instantly. Based on this mindset many go into forex without a proper understanding of it or even how it works, they end up getting the opposite of what they where expecting.

 

[Snazzy001]

I don't do forex trading but funny enough the only issues I can spot is the complaints from people on how they've been losing because they never took their time to learn very well from forex trader

 

[Hena101]

There is no prediction in trading forex unlike other market to me that the main issue and also if you don't know how to do technical analysis is disastrous because you can lost all your money within a minutes in forex.

 

[Chibson]

forex trading is undoubtedly a very lucrative venture but the reason a lot of people whose is that they don't have the right knowledge and understanding of how to make profit from it.

 

[Kunkun]

With forex trading there are lots of issues honestly because it takes effort coupled with lots of patience too, there is the issue of getting reliable signals as that's key

 

[akinlolu99]

Seriously I believe greed is a major flaw in all human being because we are all greedy in a way but when the greed is too much that is when it's going to lure you into losing lot of money online.

Seriously but some people dont understand that at all rather some want it now and immediate if possible. Even human being that's born as a new child still undergoes a stage before reaching adult.

 

[Josephjossy]

I don't know much about forex trading but I know it involves investing money and there are chance of losing money. I will advice anybody that want to go into forex trading not to invest how much you can't afford to lose. Just make sure that you understand the business from inside and outside

 

[Trexxxy]

A lot of people have dropped very good answers. The major issue might be the complexity for beginners and also lack knowledge and information.

 

[tyrim88]

As every body know that there are issues in every business or trading. In my perception the forex trading issues may be different from other physical businesses. So could you please elaborate those major issues of forex trading?

An expart who has been into trading of forex for over 15years,told us that one thing that makes a lot f persons to loss money in forex is lack of contentment and discipline.He said a lot of persons do not keep a target for themself,and even those that have,usually wants to still continue when the market is going in their favour,without knowing when to quit for the day.

 

[Dowenship]

As every body know that there are issues in every business or trading. In my perception the forex trading issues may be different from other physical businesses. So could you please elaborate those major issues of forex trading?

Main issues is the fact that in forex you can Loose all your funds without recovery, while also that l little find of your can change your status...

 

[Heatman]

Personally I believe that the major issue that a lot of people have with Forex trading is venturing into the trade with half-baked information of how to trade.

 

[Filicit]

In reality, forex is a market anyone can gain from but greed and self interest is what makes mists of us take decisions that eventually lead to loss.

 

[Sincerem]

Unable for newbies to understand the basic principles of trading forex is a major concern for failure. For anyone coming into forex trading ought to know the basics before starting out.

 

[tyrim88]

There are significantly some issues in forex trading, due to the high trading volume,assets in forex are classified as high liquidity assets. Some of the issues involved is managing risks,time to trade,controlling your emotions in order not to make the wrong decisions.

I think another issue that is a huge factor to forex traders is that most traders do not really set out a goal for their daily trading,if they can be able to set a target for themself.And also to be contented with what you have gotten so far for the day is another issue for traders.

 

[Skysaint]

The only issue I see worth considering is that it has high risk factors involved in it and a high level of uncertainty as fluctuations there can be very terrible

 

[GIFTMICHAEL]

Those who enter into forex trading without knowledge are simply kicking around without having poor direction and focus to achieve a target.

 

[harrypaul]

You have to watch the exchange rate.
The interest rate and they lot of risk involved in it.
The credit rating too

 

[jeff87]

As every body know that there are issues in every business or trading. In my perception the forex trading issues may be different from other physical businesses. So could you please elaborate those major issues of forex trading?

I think the major issues in forex and I think the same with cryptocurrency is the volatility of the prices. The price goes up and down in seconds or minutes.

 

[Kelly5]

Issues In forex trading range from greed to wrong entries into the market. With greed, one can simply blow up his or her forex account within minutes trading the forex market in loses. So also with entering at the wrong time

 

[Ceeny007]

The main fear is blowing up your account one has to get a coach to guide you to be on the safe side and if you have an underlying health condition don't do forex