Printable View
This is true , the loss of beginners is due to the fact that they don't know how the market works and what to do for it.Quote:
Originally Posted by jhon
This business is a very good one for making money but not quickly, one should learn it with patience and then over a period slowly we will be able to make money with it.
Yes , forex is the best way in the World than other any source to make lot of money, if he knows how to get profit from forex. So first study on forex and get experience , then start forex trade.
AS far as I am concerned,I do think forex is a very quick way for us to make money there.But you must be a professtional trader inadvance.If not,then it is a place for you lose money quickly.
I like the the term Double Edged Knife to denote the outcome of Forex. If we see Forex as a fast money making way, then definitely it would be a fast losing way also. Quick come might lead to quick go always. So, from my experience, I do not see Forex as a quick money making way, I see as a business. Slow and steady will win the race.Quote:
Originally Posted by prawinkurdeg
in any kind of trading , making quick money is so tough. it takes huge time , knowledge and hard work over that field.
similarly in forex trading making money in a quick time is almost impossible. oh! that is only my conception.
I think that forex is a currency trading business in the world. It is true you, forex is not a quick way to make money. Some say that many people asuk in this forex trading losses. so it does not fit, if the forex media say a quick way to make money. It takes practice and learn to really be ready to trade forex.
No Forex trading is not the quick way to make money. This is the myth created on the internet by scam brokers, there agents and other Forex related stuff selling cheaters. A trader having long term plan of making profit will only survive here.
yes, at this business all can be happen, to get money with faster and also make some losing too and all depend to the traders itself,if they have prepared theirselves for trading and begin from good mental and spychologies and then they are supported by good knowledge and strategies , i think they will get the profit with well and otherwise if they trade with less knowledge and emotion controlling i think they will get the problem from their trading but soon after all they will learn from their mistake and make them as good lesson in the future
we have to go through a lengthy process and time to be able to make forex as a quick way to make money ..
beginner trader always has a mind to be able to make lots of money from forex in a short time because they do not understand the risks and benefits when learning forex more detail
no at all but there is chance of making good money in less time but only when you have skills and good money managment other wise it is very risky and it makes only losses if we trade without any knowledge so we have to be careful and trade safely