Forex is quick way to making money but forex is a risky business. Here you can loss huge money also. You can earn money from forex but don't think that it is a money making machine.
Printable View
Forex is quick way to making money but forex is a risky business. Here you can loss huge money also. You can earn money from forex but don't think that it is a money making machine.
for me,,, we need all of these thing: the demo account, expert advice and all. The demo account helps you master the art of trading, makes you understand the market environment, helps you learn how to forecast, make plans and implement the plans ....
I agree with you entirely really say Forex is not a quick way to make money is needed for months and even years, to achieve profitable merchant and becomes his own place among the top traders and greatest
Forex can make you quick money compared to any other way of earning on life or on net as you put some small funds like $100 and you trade with for half or an hour and you make about $10 so it is %10 of your original fund and I do not think there is any field that can provide you with this high rates on small period of time like Forex
For me I consider forex as one of the risky investment areas. It is because we often get to lose money even after long term speculation and involvement into the forex industry. So this is the reason I prefer to have forex with measurable approaching really !!
In my opinion trading on demo accounts for more than 1 month is not useful for traders and I think its better to start trading in small accounts to have real experiences. In point of my view demo trading is just for getting used to platform and forex market,and more training small accounts will be more realistic to compare to demo account.
it is quick way to make money more than any other business but this does not mean we should risk highly in Forex, always patient traders in Forex can win more than impatient traders who make high risk, keep this in your mind all the time
For me, only money management that will save me in any situation. Each trade is requiring money management and trade to satisfy their desire. Greetings profit for you and success always.Quote:
Originally Posted by wolfkamikaz
yes it is true, the obvious is to be able to get profit from the forex market, you should have a very good ability., therefore must go through a long learning process to increase our knowledge of this forex business and enhance our capabilities. if you just think for a profit and do not want porses learn, I'm sure eventually you'll just get a loss. first priority because it enhances our ability.
It is not so much quick way to make money that many people think it. But it is true that it is good platform to earn a huge money. To use this great opportunity someone must try to learn the trading properly. Without learning it will be really tough to get the desired profit.