Forex is money sucking machine?

[Naveel123]

Yes forex is money sucking machine if we don't have that things
1, knowledge about prices action
2 knowledge about fundamental
3,we we have not good in money management
4.if if didn't follow the rules of risk reward ratio
5.if we don't follow the rules of forex
Then forex is money sucking mechine
Thanks.

[weeklyscalpertrader]

Agar ham mehnat kerte hien tu ham as mien tu money aucking nahi h Jo learn kerta h wo hi as mien earn karta h as lyee ham ko as mien khud k lyee seekhna hota h aur ham ko as mien apne lyee kaam karna hota h jab ham as mien kamyab hote hien tu ham as mien kamyabi hasil kar sakte hien as lyee ham ko as mien demo account per practice karna hota h aur ham ko as mien acha kaam karna hota h aur apni family k lyee acha mustaqbil hasil karna hota h.

forex mien jab hum log kam kerty hien to hamain es mien aa ker yeh ahsas hota hai k yeh he sab say best hai or es mien aa ker kam kerna asan haies lye hum es mien aa ker kam kerty hien or es mien aa ker earning bee kerty hien oor es mien money sucking kuch bee na hai es mien just money earning hai.

[ntn]

Agar ham mehnat kerte hien tu ham as mien tu money aucking nahi h Jo learn kerta h wo hi as mien earn karta h as lyee ham ko as mien khud k lyee seekhna hota h aur ham ko as mien apne lyee kaam karna hota h jab ham as mien kamyab hote hien tu ham as mien kamyabi hasil kar sakte hien as lyee ham ko as mien demo account per practice karna hota h aur ham ko as mien acha kaam karna hota h aur apni family k lyee acha mustaqbil hasil karna hota h.

[Version2]

Kia Forex Eak money sucking machine hai?

G meri nazar main aesa to bilkul bhi nahi hai main is liye yeh baat keh raha hon kay forex main apko koi bhi banda force nahi karta aor na he apka hath pakar kar apko koi banda yeh kehta hai kay ayen aor is main invest karen ya koi aor auto method say apkay paisay invest ho jatay hein abhi tak aesa to kuch nahi huwa is liye yeh kehna kay forex money sucking machine hai to galat hai bilkul.

[almont]

if you don't have good money management, if you don't have good knowledge about forex, then forex will hunt for your money. Will be called a money-sucking machine. but if you have a good strategy, it will be called a money-making machine. and I think forex is a money-sucking machine only for those who are stupid and not serious in money management policies, if you work hard with full concentration forex will definitely pay you for your efforts, I have seen a number of people blame forex as a fraud but in a sense actually not like that

[volatip]

it depends on the quality of the trader, that is how traders trade in forex if a trader trades in forex is not so good, forex will become a vacuum machine for him rather than forex will be a money-making machine for traders and actually I don't think of forex like you . Although forex is a business that makes good money. But all depends on the efficiency of the trader. An educated trader can make money consistently from forex and people who don't know about the forex market clearly but trading on the market can lose again and again that's all.

[syarif]

Forex is not a money-sucking machine because forex is a business and traders take all trade decisions only by analysis if they analyze the market correctly, then it can generate profits. If this is a machine, all traders get profit in forex but only 5% of traders are successful in forex. and Forex is not a money-sucking machine. I think Forex is a money-making machine, if the trader trades with the right market, he will get money from the currency exchange market. At risk like other people's businesses.

[tu ur]

in the hands of experienced forex is a machine that makes money in my view, but that's when it comes in the hands of beginners, inexperienced and wrong, it becomes a money-sucking machine. and Forex is a field of money. No one from our losses will take the other except the type of market maker your broker who opposes their clients. Even our money goes to our liquidity providers like banks. So if your money is sucked into forex because you are wrong. Don't blame others for our losses.

[darmanap]

When you don't usually follow the right money management you will lose very easily in the foreign exchange market because your funds will be taken easily in the movement of the foreign exchange market. when you try to stick to their money management by reducing your chances of creating a good amount of income from forex trading. and not in my view this is not a money-sucking machine but it is like that for people who don't know when to stop trading. I mean if you continue to lose money on forex don't just keep depositing because of that we have to trade in forex and make more money.

[Nomi320]

Forex is neither money sucking machine and not money making machine. Instead it is a complete business which depends on your skills and experience. If you don't have proper knowledge and skills then you will definitely lose whole capital in few trades. Don't take it like gamble try to do a real trading business.