I dont think Forex market is harmfull.It is very useful market and it is very profitable market.You will get very good profit after making profitable trades on Forex.It is harmful only when you lack concentration and you dont know how to trade.
Printable View
I dont think Forex market is harmfull.It is very useful market and it is very profitable market.You will get very good profit after making profitable trades on Forex.It is harmful only when you lack concentration and you dont know how to trade.
It depends upon how we treat the market, if we have the right approach towards the market then trading in forex market can be highly helpful, but if the trading is abrupt and done with no strong reasoning then trading can be very harmful to all of us. Thus, its in the traders mindset to make it harmful or helpful.
Well yeah even me lost my many dollars here but i take it as a positively and i think that its better if we do not quit and trade continuously without thinking any negative and in starting if we suffer a loss here then by trading we can recover all our losses and also able to make a profit as we have to hard work here to be profitable.
forex market is useful to us. it helps to solve unemployment problem.it is a source of money income. it also develops our thinking and writing capacity. it helps to share our thinking and ideas on different types of topics with others. it develops our trading knowledge.
Forex will always be dangerous for you, if you always act recklessly. Even the forex can make you bankrupt, if you come to the forex only with the ambition. But, they are clever trick forex risk, forex will be safe in, and they have benefited a lot.
---------- Post added at 06:15 PM ---------- Previous post was at 03:46 PM ----------
If trader know how to make profit then forex market is very good for trader and this market is very useful. But if trader want to practice their real money then some time it is bad for trader. Trader should practice on demo account.
I don't think Forex is market is harmful.It is a very good an useful market and it helps me a lot in making good profit and making very useful trades.I don't know may b its harmfull on a large scale but on my level it is very usefull.
xiaotanghao, The financial market, if you enter it with the appropriate knowledge, you begin to earn money for sure, and this point can be anything but Harmful. For knowing in advance when we know make some profit from that time ceases to be Harmful but useful, indeed the only Forex Harmful to enter into trading with no real knowledge for the purpose.
i think forex market is a way to trap the retail money by the big fat elephants. so in a way this is harmful very much. if you still want to trade then trade very carefully, and dont let it run your life in severe depression
this is useful because we can earn more and more money only for post and earning with our standard of living increase and harmful in sense our post useless if we not send our post in trade without our trading experiences bear the losses