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Why do I trade Forex

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  • Post #201
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  • May 3, 2020 3:23am May 3, 2020 3:23am
  •  10utdfx
  • | Joined Apr 2020 | Status: Member | 12 Posts
Because of Money i$ in the air.
Slow but sure !!!
 
 
  • Post #202
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  • May 4, 2020 4:37am May 4, 2020 4:37am
  •  Gracewilson
  • | Membership Revoked | Joined Jan 2019 | 54 Posts
Forex is not always profitable. Your capital is always at risk. You may lose all the invested capital. However, forex trading completely depends on your strategies and experience. Also,It depends on the market movement and how you judge it while placing your trades. Choosing a right broker also plays a major role in forex trading as B book brokers earn profits when traders lose. So, it is advised to trade with A book brokers.
 
 
  • Post #203
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  • May 4, 2020 6:43am May 4, 2020 6:43am
  •  NathanAstel
  • | Additional Username | Joined Apr 2018 | 459 Posts
all fine lines you have written is very common and simple also , because really no simple word to avoid , you have mentioned Forex volatility and the importance of a right broker,
 
 
  • Post #204
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  • May 4, 2020 7:03am May 4, 2020 7:03am
  •  AlexImam
  • | Additional Username | Joined Apr 2018 | 323 Posts
Quoting Gracewilson
Disliked
Forex is not always profitable. Your capital is always at risk. You may lose all the invested capital. However, forex trading completely depends on your strategies and experience. Also,It depends on the market movement and how you judge it while placing your trades. Choosing a right broker also plays a major role in forex trading as B book brokers earn profits when traders lose. So, it is advised to trade with A book brokers.
Ignored
your all trading strategies can be useless if there is no real money management , because every strategies success depends on MM.
 
 
  • Post #205
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  • May 7, 2020 11:15am May 7, 2020 11:15am
  •  NathanAstel
  • | Additional Username | Joined Apr 2018 | 459 Posts
yes , its a good reply about the importance of MM or RM, thanks Alex.
 
 
  • Post #206
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  • May 10, 2020 2:36am May 10, 2020 2:36am
  •  kavanto
  • | Joined Dec 2019 | Status: Member | 189 Posts
Incoming FX has better spread than other trading products, from which traders have more trading methods such as scalping.
 
 
  • Post #207
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  • May 10, 2020 10:08am May 10, 2020 10:08am
  •  Londonboy24
  • | Joined Apr 2020 | Status: Member | 46 Posts
Because I enjoy the challenge of the markets. I see it as a mental boxing match with every winning trade being a haymaker and every month ending in profit being a round I've won haha !
 
 
  • Post #208
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  • May 10, 2020 10:33am May 10, 2020 10:33am
  •  robvc
  • | Joined May 2020 | Status: Junior Member | 1 Post
I just started trading Forex. My first month return is 50% on 1200.00 USA. Now 1800.00 and I added more money
Not bad at all. I like this forex trading. Set my Lot size at .12 so not going to lose more than 5% at any given time while trading. All good
 
 
  • Post #209
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  • May 22, 2020 12:10pm May 22, 2020 12:10pm
  •  MarkFxAnde
  • | Additional Username | Joined Mar 2016 | 641 Posts
the first income you got just awesome , honestly speaking i jealous , because when i was a new in trading it took a huge time to bring profit consistently. 50% return is huge as a newcomer.
 
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  • Post #210
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  • May 23, 2020 12:04pm May 23, 2020 12:04pm
  •  mlawson71
  • | Additional Username | Joined Dec 2015 | 3,529 Posts
I agree. The first time I made a profit, as small as it was, I was elated!
 
 
  • Post #211
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  • May 24, 2020 3:47pm May 24, 2020 3:47pm
  •  Donettie
  • | Joined Jun 2018 | Status: Member | 47 Posts
Because of its flexibility. Oh, wait! Is it that flexible?
 
 
  • Post #212
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  • May 28, 2020 8:00pm May 28, 2020 8:00pm
  •  Awasim
  • | Additional Username | Joined Mar 2020 | 170 Posts
I trade Forex because of money as other traders do. It is big reality that people trade Forex because they want to make money for their livings and definitely with Forex trading they can make a lot of money if they have skills and knowledge.
 
 
  • Post #213
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  • May 29, 2020 4:42am May 29, 2020 4:42am
  •  jiggz
  • | Joined Oct 2011 | Status: Member | 439 Posts
because of the time, and how one can handle the trading at any given time 24/5. and convinience and most importantly the $$ but its not always a happy ending lol.
 
 
  • Post #214
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  • Jun 2, 2020 10:30am Jun 2, 2020 10:30am
  •  MarkFxAnde
  • | Additional Username | Joined Mar 2016 | 641 Posts
[quote=Awasim;12969926]I trade Forex because of money as other traders do. It is big reality that people trade Forex because they want to make money for their livings and definitely with Forex trading they can make a lot of money if they have skills and knowledge.[/quo

the importance of acquiring good knowledge and experience really huge , but according to me, despite of good knowledge and experience trading can be useless if there is no reliable support from a credible trading broker , because the broker can affect the result of our treading with certainly.
 
 
  • Post #215
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  • Jun 6, 2020 9:16am Jun 6, 2020 9:16am
  •  Robertstarc
  • | Additional Username | Joined Jan 2020 | 265 Posts
Very nice thread...Just following your analysis on AUD/USD. How do you tell that shorts are being accumulated and not the other way round?
 
 
  • Post #216
  • Quote
  • Jun 9, 2020 5:38am Jun 9, 2020 5:38am
  •  vocc242
  • | Joined Jan 2010 | Status: Member | 18 Posts
very good question why do i trade forex
 
 
  • Post #217
  • Quote
  • Jun 9, 2020 7:34am Jun 9, 2020 7:34am
  •  perryjohn765
  • | Membership Revoked | Joined Mar 2020 | 51 Posts
I trader because i enjoy trading and predicting market movement.. I am curious to try new strategy or EA on every trade I place and who minds earning while sitting at home with a single click so it is fun along with a fear of losses.
 
 
  • Post #218
  • Quote
  • Jun 9, 2020 12:16pm Jun 9, 2020 12:16pm
  •  Deepak.Dubey
  • | Additional Username | Joined Apr 2020 | 370 Posts
Because trading stocks or commodities presents way too many puzzling options to choose from while the focus of forex trading is narrow and relatively simple.
 
 
  • Post #219
  • Quote
  • Jun 10, 2020 5:58am Jun 10, 2020 5:58am
  •  tradergirl12
  • | Joined Jun 2020 | Status: Junior Member | 4 Posts
Its fun and you can work for yourself if you became a good trader.And you can work from everywhere.
 
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  • Post #220
  • Quote
  • Jun 10, 2020 2:13pm Jun 10, 2020 2:13pm
  •  mlawson71
  • | Additional Username | Joined Dec 2015 | 3,529 Posts
True, that's one of the biggest pros of forex - it is very versatile.
 
 
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