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Is trading hard?
Mitglied seit Jul 20, 2020
399 Posts
Aug 24, 2022 at 16:45
Mitglied seit Jul 20, 2020
399 Posts
Caricology posted:
Truth to be told! Yes, forex trading is hard because it is a dynamic market that is highly unpredictable. There are no shortcuts or fixed strategies to become successful. However, it is not impossible. You need to be consistent with learning and understanding the ways of the market. It is hard, yet with consistent learning, it is possible to become a profitable trader.
I think its sometimes seen as more difficult than it is by people wanting quick money and quick gratification. If people treated it like a degree or other professional job they would accept there are ups and downs
Aug 25, 2022 at 10:08
Mitglied seit Aug 02, 2022
18 Posts
Yes it is. The art of forex trading can be challenging. To be successful, you must possess a wealth of knowledge, from an understanding of the various currency pairs to a command of technical analysis. Although it can be a fantastic way to earn some extra cash, forex trading is not without risk. The random nature of the forex market is another factor that makes it difficult to trade. You cannot predict the future with absolute certainty and this is why it's crucial to have a sound plan in place and the flexibility to adjust when circumstances change.
Aug 27, 2022 at 03:59
Mitglied seit Feb 15, 2022
183 Posts
Risk management policy is a policy maintained to lower trading risk. It is a policy that flourishes a trader’s trading but we see the absence of using this policy among traders. As a result, traders can’t prosper in their trading highly.
Mitglied seit Aug 02, 2022
24 Posts
Mitglied seit Aug 17, 2022
80 Posts
Aug 30, 2022 at 06:24
Mitglied seit Aug 17, 2022
80 Posts
Trading is hard if the person doesn't have the basic knowledge and jumps in the market to trade, that will for sure bring losses. The difficulty level of trade depends upon one’s abilities solely which gets better with experience and practice.
Mitglied seit Aug 19, 2021
245 Posts
Sep 05, 2022 at 14:02
Mitglied seit Aug 19, 2021
245 Posts
Oh, who says trading is easy?? Those who then lost fast, lmao. 😄😄 Trading is hard. Very very hard. And only the most purposeful people achieve some success in this. And maybe even a narrow popularity among others. But this is not given to everyone. And fortunately there are other ways to make money on Forex. 😉 Partnership, investment, sale of signals. So, everyone can succeed in something.
Mitglied seit Apr 05, 2021
29 Posts
Mitglied seit May 22, 2017
85 Posts
Sep 07, 2022 at 00:01
Mitglied seit Apr 03, 2021
470 Posts
Experience and knowledge matter in trading, but psychological trading has a high role during trades. Trading is easy when it is easy, but difficult when the time is difficult. Making profit consistently in long term is big challenge among traders
Mitglied seit Jul 26, 2022
52 Posts
Mitglied seit Jul 26, 2022
52 Posts
Mitglied seit Sep 06, 2022
26 Posts
Sep 22, 2022 at 07:25
Mitglied seit Sep 06, 2022
26 Posts
Yes, forex trading is difficult and risky. However, it is also profitable. If you put in the time and effort to learn as much as possible about it, it could be a huge financial boon. Gaining that level of success requires a lot of time and effort. So, be consistent.
Sep 23, 2022 at 09:16
Mitglied seit Jun 22, 2022
22 Posts
Yes, forex trading is a hard job. It requires more dedicated hard work. Also, one must be knowledgeable in the financial field and have a good understanding of how the market works in order to succeed at forex trading.
Forex traders should also be aware of the risks involved in trading with leverage and understand how it impacts their positions.
Forex traders should also be aware of the risks involved in trading with leverage and understand how it impacts their positions.
Mitglied seit Jun 22, 2022
21 Posts
Oct 03, 2022 at 04:05
Mitglied seit Jun 22, 2022
21 Posts
Yes, it is quite hard. But if you know how to trade properly, you will know how to maintain a balance between your wins and losses. Keep in mind that you will never lose more than you can afford to lose. So, keep your risks low until you are sure about your skills.
Mitglied seit Jul 23, 2020
869 Posts
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