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Is Forex reliable?

  • #281
  • Nov 16, 2017 4:36am Nov 16, 2017 4:36am
All we know Forex is reliable but ultimately we become loser from this market place . but why ? because we do the same and common mistake again and again . greed, emotions, no risk management is the foremost reasons for losing. We have to come from these worst habits if we want to get maximal result from Forex.
  • #282
  • Jul 13, 2018 6:35am Jul 13, 2018 6:35am
Any business platform can be profitable if you can ensure hard working, patience , discipline and much more good habits , otherwise success is not possible at all despite of having sufficient balance.
  • #283
  • Jul 13, 2018 4:48pm Jul 13, 2018 4:48pm
Quoting AdamCrist
Any business platform ...
that is the key word "business" .. most traders assume this is just another job, and that's just not the case.

like in all business trading is about probability.

you make credit checks before giving a client credit line. this is just like putting the odds in your favor, as there is n guarantee they will pay anyway.

same in trading, there is no guarantee price will go where you expect it to be.. its a probability business.

being right has nothing to do with being successful in trading.
  • #284
  • Jul 14, 2018 12:46am Jul 14, 2018 12:46am
I failed so many times with forex
  • #285
  • Jul 15, 2018 4:39am Jul 15, 2018 4:39am
I am also but I came back, actually Forex trading is just an addiction that no one can avoid in spite of having continues losing.
  • #286
  • Jul 19, 2018 9:23pm Jul 19, 2018 9:23pm
Forex is reliable but not for every person who enters into this business. It depends on the person that how he handles the trading work.
  • #287
  • Jul 24, 2018 3:47am Jul 24, 2018 3:47am
Yes it is reliable. You just need to know how to make it work in your favor. You’ll fail many times but if you are smart enouh you’ll learn from your failures and come out stronger.
  • #288
  • Jul 31, 2018 3:55am Jul 31, 2018 3:55am
You might be talking about Forex Broker, not Forex. Since Forex is largely available in the world and very rich in liquidity, it IS purely reliable.
There are lots of scams available in Forex brokers nowadays, and that's sad part. But you need to be wise enough to choose one, research them well before start trading with them. It can be done through discussion in forums or reviews.
  • #289
  • Aug 1, 2018 4:41am Aug 1, 2018 4:41am
Yes of course Forex is reliable. But if you talk about profits and losses then it completely depends on you. Forex has nothing to do with that.
  • #290
  • Aug 14, 2018 3:07am Aug 14, 2018 3:07am
Quoting AdamCrist
I am also but I came back, actually Forex trading is just an addiction that no one can avoid in spite of having continues losing.
Agree with you Fx trading is a kind of addiction, that is the reason traders keep trading even after continuous losses.
  • #291
  • Aug 18, 2018 3:59am Aug 18, 2018 3:59am
Forex is not reliable at all, but it can be reliable if you can control is emotions when trading practically.
  • #292
  • Aug 18, 2018 5:33am Aug 18, 2018 5:33am
Quoting imm
I failed so many times with forex
On demo or live? Are you trading right now? Or left the market already?
  • #293
  • Aug 19, 2018 3:20am Aug 19, 2018 3:20am
Quoting AlexImam
Forex is not reliable at all, but it can be reliable if you can control is emotions when trading practically.
Only an emotion is not fact in Forex trading, it’s just a bad habit that make us loser practically. if you can ensure all inevitable part of trading there is a chance to get better something from Forex trading.
  • #294
  • Aug 29, 2018 3:04am Aug 29, 2018 3:04am
Of course forex is reliable as I have come to experience it. You just need to be careful of scams, ponzi schemes and brokers with bogus claims and should know how to sift out the good brokers from the bad ones.
  • #295
  • Aug 29, 2018 11:23pm Aug 29, 2018 11:23pm
Of course its 100% reliable and failproof if you are in forex business of selling eas courses seminar system fund managers brokers etc.. . The only one who is losing money is 99% of those who trade actively.
Hehe
  • #296
  • Aug 30, 2018 4:26am Aug 30, 2018 4:26am
Definitely forex is reliable. but you don't have unrealistic expectations as making money out of forex market is the most challenging task.
  • #297
  • Aug 30, 2018 11:12am Aug 30, 2018 11:12am
Quoting Madison
Definitely forex is reliable. but you don't have unrealistic expectations as making money out of forex market is the most challenging task.
Good point; really targeting unrealistic monthly profit is so common here! Traders need to understand first their own trading quality, then they should set the target.
  • #298
  • Aug 30, 2018 8:02pm Aug 30, 2018 8:02pm
Quoting ElComandante
I have heard many rumors about Forex that Forex is not reliable and Forex is a risky business and you can loss all your money. So I am very confused about Forex so plz help me and tell me Is Forex reliable or not?
you can basically apply this post to any new business you're going to start. EOD if you run it poorly you will fail. if you don't do your research you will also most likey fail.
  • #299
  • Aug 30, 2018 8:54pm Aug 30, 2018 8:54pm
Its reliable if you are reliable, I've invested 100$ into my forex account and i'm tracking my daily gains on instagram which if you guys want you can check out here, https://www.instagram.com/forexby/ (THIS IS NOT A SIGNAL SERVICE DONT COPY MY TRADES RANDOMLY AND EXPECT RETURNS)

I'm not following any signal service, didn't buy any courses, just learned forex from free Youtube videos and articles for about a month now and my 100$ account is currently sitting at 250$ in about 6 days . so at the end of the day it really depends on you as an individual doesn't matter what course you took or what signal service you follow
  • #300
  • Sep 2, 2018 4:22am Sep 2, 2018 4:22am
before ensuring this answer first of all you have know what actually reliability, according to me , this trading place not reliable for all kinds of people , because every faction in here contains huge risk and 90% become loser from here , no way to earn money within very short time from here. those who have great patience only they can earn money from here, because success in Forex is a long term process.
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