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Forex is good in terms of return
Dec 31, 2020 at 13:19
Jul 19, 2020からメンバー
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Forex is good in terms of return it gives if you are skilled trader. Otherwise forex trading is the most difficult job in the world. You have to be enough knowledgeable and skilled. And the psychological aspect of trading makes the trading more difficult.
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Jan 05, 2021 at 10:56
Nov 24, 2020からメンバー
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That is right. Without proper knowledge of forex, it is very difficult to trade. Every trader should also have a proper trading mindset for achieving some level of success. The returns are achievable at times and sometimes even getting 1% of overall profit is difficult. Since trading forex is risky, getting any amount of return feels like an achievement to me. I trade with some cost effective and low spread brokers that fulfil my trading needs.
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Jan 12, 2021 at 13:49
Aug 27, 2017からメンバー
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That's where consistency comes in. You can be making 100% a month for 6 months or maybe years then loses 100% in a day. Bye capital.
What you need is a good strategy that can possibly give a consistent return. It would always be better to go with the side of cautiousness and lower profit but safe capital than with aggressiveness with huge returns but could lead to a blown up account.
What you need is a good strategy that can possibly give a consistent return. It would always be better to go with the side of cautiousness and lower profit but safe capital than with aggressiveness with huge returns but could lead to a blown up account.
Trading is a marathon, not a sprint.
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Aug 03, 2021 at 06:00
Dec 28, 2020からメンバー
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croisssan posted:Yes, profit or loss in forex depends upon a trader’s psychology, his willingness to learn and the time he dedicates to practice.
Also, do not forget that forex can help and lose money. Here everything depends only on the trader himself.
Aug 03, 2021 at 07:22
Jul 07, 2021からメンバー
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Forex trading can indeed lead to great returns, but it is important to avoid thinking that it is so easy and quick to attain. The truth is that it takes time, plenty of work such as by carrying out careful analyses, and you also need to be responsible in your trading by setting certain limits in terms of risks and money management.
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Sep 13, 2021 at 01:05
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While it is easy to put things on paper and plan while outside the market, getting into the market and implementing your plan really tests your ability and capabilities. Your first plan can be made better if you take market experience into account, since with experience you can overcompensate for any deficiencies.
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