Forex is money sucking machine?

[nabila]

Are you hold with me that forex is money ingestion organization and on regular ground it sucks the money of puny traders and amass the money in the accounts of big traders? As we live that money in the forex is specific and it transfers from one story to other. Let assume if you yawning the function and industry moves in your elevate then its wish that forex is now exploit the money of any one else who staring the trades against you and whose lot filler is large than you.

[hamadmuneer]

forex money sucking machine un k liye hey jo forex sehi sey nehi kertay her trade per loss kertay hien or loss per loss ker k apna account kho baithtay hien isi liye failure traders more than 95% hien, bes 5% hi survive ker paatey hien

je main app ki baat se 100% agree karta huin money sucking machine ye un ke liy hai jin ke pass is ke bary main acha knowledge nahi hai ager hum is ko achi tarha sekh ke karain to ye money sucking machine nahi balky money making machine hai

[irfan]

Forex is money sucking machine but not for every one, it is money sucking machine for those who don't take forex seriously and want to become millionaire over the night and those who start trading without any knowledge and experience and take as a gambling.

[rathod]

yea, i agree. was right in the forex market, the big boys can determine the market direction. but, in the forex market there must be regulation. in my opinion, is not true that large traders sucks money from small traders.

[hello927]

I dont agree with you. It is complex system of trading and it requires special training and extra efforts to trade in it . If one is not familiar with trading fundamentals and does'nt have training and guideline ,certainly forex will suck his money. For sure.

[sohelforex]

Yes, that's the risky point of forex. The amount of profit a trader makes is eventually the loss of another trader. Understanding all the risks, a trader has to make himself existing in market. Knowledge plays a great role playing in forex; the more knowledge you have the more you can gain from others account. That's why not all the traders are the gainers but the most of them are losers.

[rathod]

every trader has her own aspect towards the forex..some thinks that its too difficult and leave it off while some are stubborn that stuck to forex untill they properly learned it...so believing forex machine is wrong in my view

[ahammed.fx]

Forex is money sucking machine for the traders who are not experienced and who do not have proper knowledge to gain risk of forex volatile market. So money goes so easily of them. By the way forex become money sucking machine for those traders.

[alvabra2010]

It depends forex can be a forex sucking machine for a few and a money minting one for the rest. If forex is sucking all your money up, then you should hit back to basics, sharpen your skills, practice more on demo, try to win demo contests, trade small, have a discipline for your trade and etc. And if your minting money in forex then please do share your experience and strategies to us.

[ernestina]

Forex is a money sucking machine for a trader that does not know how to trade. You determine how much of your money the market will suck based on the risk you take per trade. Also your knowledge of the market will determine how you will react to losses.