What are the Major issues in forex trading??

[YERUS]

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?

The risks involved in trading forex is on a high side.
Basically, if you are not properly trained in forex, you should not try trading.
The volatility of the market is an issue as many traders may not know when the market is for or against them

 

[Toyoabasi]

The issues are usually centered around impatience on the part of the traders, non-expertise still on the part of the traders.
Forex trading is also volatile, one would have to study the trends so as not to incur so much losses.

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?

 

[Essy]

Online business and physical business are similar in basics but different in mode of operation but that doesn't mean that the challenges physical business face is different from online business, it's similar, physical business need funds to start, likewise online business

 

[Skysaint]

My major issues with forex trading is actually the nature of the trading business. It is very complex which makes it very risky, although there are certain trading indicators to help one out a bit

 

[Immilash]

There are many challenges in forex trading. Many people don't want to share there experiences on forex trading. I also want to become a forex trader.

 

[Kaffyfolla]

Not Maintaining Trading Discipline: The largest mistake any trader can make is to let emotions control trading decisions. Becoming a successful forex trader means achieving a few big wins while suffering many smaller losses. Experiencing many consecutive losses is difficult to handle emotionally and can test a trader's patience and confidence. Trying to beat the market or giving in to fear and greed can lead to cutting winners short and letting losing trades run out of control.

 

[kayode10]

I don't really like forex trading because I am very poor at Reading charts. I also don't listen to news which can be a good source of signal for trading Forex. Another thing is that I don't have much people who are trading Forex around me here.

 

[Lens]

I want to assume that you are talking about the risk involved in forest trade. Forex isn't a child's game. The risk involved could make you lose your money in a short-time. All you need is proper risk management.

 

[greenie]

The major issues in forex trading is that as a beginner you need to learn how to read some sorts of charts an technical analysis so that you will be able to make money with your charts. If you can't read charts with technical analysis project don't even bother to invest your money in it or else you will lose your money

 

[kayode10]

Some people don't know how to do research before they decided to play Street on Forex. Research is very paramount as you have to look at different signals before you can choose the currency you need to trade on Forex.

 

[HayKay]

The volatility is the biggest issue when it comes to the forex market. Also the brokers and their fees can be another challenge.
Activities of countries or other related news can be a worry as well.

 

[greenie]

The major issues in forex trading is that as a beginner you need to learn how to read some sorts of charts an technical analysis so that you will be able to make money with your charts. If you can't read charts with technical analysis project don't even bother to invest your money in it or else you will lose your money

 

[Lynaia]

The first problem is about time, if you know you can't create enough time, don't bother to go into forex and you should also be one that can take risk because there are so many risk involve

 

[Danny4cash]

The major issue in forex is it's unpredictability. It's very hard to predict and that's why it's risky. It's not a kind of business that anybody can just decided to start. If you're not properly grounded in forex trading, you'll incure losses.

 

[Sincerem]

The major issue in forex is it's unpredictability. It's very hard to predict and that's why it's risky. It's not a kind of business that anybody can just decided to start. If you're not properly grounded in forex trading, you'll incure losses.

That is what makes it a difficult market to be traded. Even with high unpredictability rate , a lot of people are still able to predict the market and they use this opportunity to make money for themselves.

 

[tray59]

Some of the major issue I see in forex trading is lack of skill and experience when you have the experience then I bet you that you will be able to trade well and be making money

 

[Genie01]

The list are uncountable.
Indiscipline, impatience, lack of capital, improper risk management and so on .
These challenges are surmountable

 

[Smiles20]

The major issues in forex trading is that a lot of people do not want to seek education before they start putting money into it. This leads them to blowing the account over and over.

 

[Setho]

Forex trading is an activity that is going to require a lot of energy and concentration for you to get it but this is something that a lot of people cannot afford to continuously give.

 

[GIFTMICHAEL]

One thing so many people are likely to complain about forex is the high volatility. The volatility is not only high but confusing and complex which make it very difficult to predict