Printable View
Based my fast one year experience i can say that Forex trading is not a quick way to make money, but the same may not hold good some good traders who put there more time and effort here to realize there dream. But i feel after some good experience we can develop a strategy to get constant income from this business.
I agree as well, there is nothing such in forex that make you rich quick, rather the more profit you trade for the more risk you are gonig to face, wise trader grow slowly by earning decent profit
I do not think so, forex just a process just to get success. many traders who give up because it was so many years he was never consistent profits or even losses.
when i started Forex trading i used to think like that and hence i started trading to become rich quickly.
But now i understand that Forex trading is a business where it is hard to make money without doing proper work and understanding. It is not a get rich quick business if we think so we will become fools.
Forex is really a quick way to make money but not doing any thing. yes one can make money quickly here, but for that we need to learn the trading secrets first and trade like a professional trader. A good trader can make $1000 or more within a Hour by using his analyzing skills, but this will not come without learning and intelligence.
विदेशी मुद्रा दुनिया का सबसे बड़ा बाजार है, दैनिक मात्रा में लगभग 3.2 ट्रिलियन अमेरिकी डॉलर और 24-घंटे बाजार कार्रवाई है। विदेशी मुद्रा और इक्विटी बाजारों के बीच कुछ प्रमुख अंतर हैं:
कई फर्म कमीशन नहीं लेती हैं - आप केवल बोली का भुगतान करते हैं / स्प्रेड पूछते हैं।
24 घंटे का व्यापार है - आप तय करते हैं कि कब व्यापार करना है और कैसे व्यापार करना है।
आप उत्तोलन पर व्यापार कर सकते हैं, लेकिन यह संभावित लाभ और हानि को बढ़ा सकता है।
आप 5000 शेयरों के बजाय कुछ मुद्राओं से चुनने पर ध्यान केंद्रित कर सकते हैं।
विदेशी मुद्रा सुलभ है - आरंभ करने के लिए आपको बहुत अधिक धन की आवश्यकता नहीं है।
I agree as well, there is nothing such in forex that make you rich quick, rather the more profit you trade for the more risk you are gonig to face, wise trader grow slowly by earning decent profit but with certain safeguards like risk management and capital management and earn conssitent profit.
I think forex is a business that can make money easily, but we must study seriously so that we become experts in forex trading. and that requires a long process, but if we have an expert then that's when we can get money easily from forex trading and Forex is not a fast way to get money but a good way to earn money if you can make good trades from time to time time. The important thing about forex is not to be greedy for quick profits immediately. Make a little profit a day and you will grow your account by adding it.
Understanding the market is not easy as we discussed. To trade all the time and get a good income, we need to be patient when trading and analyzing the market. People who study all day and trade based on information will definitely think it's a good source. and It takes time and practice to get a good income on Forex. Because the market is very volatile, one small mistake can destroy your account. You need to have experience and knowledge to get a good steady income from Forex trading.
wow, 6 month demo, you definitely know how to tame your emotions properly. usually beginners cannot control to enter a real account after a few days in the demo, they will be more confident after finding that forex trading is very easy. what they forgot to learn was, that making a profit was the most difficult part. and Yes, you are right if we trade with a cool and calm mind then we can get a big profit. money management is also the best way to increase profit consistency. if we try to get it quickly then it can jeopardize our account.