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many people come to this forex market to do forex trading business because they think they can make money quick.Quote:
Originally Posted by Ups&Downs
some people can make this market as a quick money making machine but the others lost their money.
so i think it's better to stay safe.
In my hundreds of years of trading, I have found that the best traders find their edge by constantly looking for opportunities and tirelessly putting in the muscle work needed to fine tune their trading styles and methods.
hello....forex trading is not the way to make money fastly.Because if we go fastly we may loose money.Forex trading is the slow way of making money...slow is always good and i always prefer it.
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.It requires hard work and judicious use of our valuable time.
Forex Trading is not a quick way to earn money. Before earning first you have to practice a lot to make yourself expert and experienced. Of course before open the real account first you must have to use Demo account.
You are absolutely right, forex trading is not a get rich quick business at all, you must have a good knowledge about forex first, you must demo trade for some time to get familiar with trading platform and to develop you on strategy. Those that taught that forex is a quick way to make money may successful in a short time but in long time they will blown their account.
Quick way or slow way to earn money, in case, if you try to earn money, then goes for slow and steady. Always use small lot size with correct entry and exit point. Many traders who give up because it was so many years he was never consistent profits or even losses. But as long as we want to continue learning about Forex,
yes.. forex is the only thing that can bring a quick money for the trader. it has the good tarding system. in foirex people trade in currency as a result their a good chance to make a money ion short time.
yes it is but its a quick way to lose money too , so you need to understand you can lose too
so its better to be careful while you are trading , and never think of get rich quickly
and day by day your account will become bigger inshaALLAH
Yes it is a quick way to make money provided we have enough knowledge and resources to do. Many people without having knowledge and enough investment try to make quick money but loose all what they have in hand. So we should make proper plan for our target and understand the risks involved, and only venture in such trading if all the necessary resources are available with us.