Forex is money sucking machine?

[shahin]

Forex would be money sucking machine when the traders trade in the forex market without proper knowledge, experience and good strategy. Then traders loses money very early. But good strategy and well money management ability can be forex trading money making business too.

[forextech]

Hi friends
Are you agree with me that forex is money sucking machine and on daily basis it sucks the money of small traders and accumulate the money in the accounts of big traders? As we know that money in the forex is limited and it transfers from one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.

meri soch ke mutabik aesa kuch nahi hai balke me to ye sochta hu ke forex trading market money sucking machine nahi hai balke ye market to money making machine hai sir

[jui_222]

you will gain some knowledge then i must say that you will definitely get the success otherwise forex definitely suck your whole money for sure. thori der kerna chahiye jab tek aap ki trading theek nehi ho jaty

[mazier]

well from my side, about forex, forex money machine will be easier and more if you are entering the market long with lots of experience. my opinion is usually small traders is newbies who always fails is have not experienced

[pinki je]

app keh sakty hain ke forex aik money sucking machine hai jab app ke pass achy analysis he nahi market ke trend ka he nahi pata app ko app ke pass knowledge aor experience he nahi hai to app kaisy is main win kar sakty ho phir app yehi kaho gay ke ye aik money sucking machine hia

[momina]

the answer of this question depends on the thinking to the traders.. it vary from the trader to trader for example if a trader loss money he thinks that the forex is money sucking machine but for the traders who get profit they think that forex is not a money sucking machine

[safe01]

forex is a money sucking machine bcz lot of investers lot their asset bcz of forex trading market so invest in forex market is very risky and u will face a huge loose in a short time

[ayusri]

one account to another. Let suppose if you open the position and market moves in your favor then its mean that forex is now getting the money of some one else who open the trades against you and whose lot size is bigger than you. If he will close the position then market will move to get your money now and if you will not close it then your money will go to some one else account.GGGGGGGGGGGGGGGGGGGGGGGGGGGGGG.GGGGGGGGGGG GGDFDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD DDDDDDD.

was like that where we can menjalnkan good forex denagn melakuka where we can trade well then that's where we can make forex as moneymaking machines rather than machines waster of money, if we are trading only with guess guess no apparent reason to open a trading position then this is where we feel that trading be part of the fastest machines to waste money, forex simply because instead of being bothersome yng profitable business even be detrimental to the business of business that make our lives difficult because of losing money quickly and this is the main reason why the forex menjdi bisns disadvantage because we become dalm greedy forex trading then that's where he became the fastest machine to throw money away.

[kissshore]

If you trade safely in the forex market then it can give you good amount of profit from it..! Forex business might just be a money machine if Forex traders analyze price movements properly so that it can generate profits consistently and could benefit a lot because it is to achieve it of course takes time and learning seriously ..!

[yogesh]

i think, money machine is a tool to product money and it means it always gets profit not loss but Forex is very different with making machine, because sometimes the trader gets profit and sometimes loss, forex need good skill to predict and analysis, and did you think like that?

Provided you have got good trading skills forex will remain no more as money sucking machine rather you shall enjoy it as a money making tool, but inexperience, greed and mistakes are proven to poise forex for sucking our money.