|
Additional Username
|
Joined Dec 2015
|3,529 Posts
It's highly profitable for a small percentage of people. The majority of people do lose money, according to official regulator statistics. Out of the rest, I doubt everyone makes big profits.
|
Additional Username
|
Joined Apr 2018
|459 Posts
to be a skilled trader is a long time approach, because we have to pass a long time in there with great patience. for that reason we the traders have to ensure real cool mind.
I prefer investing in forex because forex has a lot to offer for all types of traders. It takes time to master Forex trading, but after you gained enough experience, a whole new world of opportunities opens up for you.
You may become an account manager and start getting profits not only from your trading but also as a commission for managing accounts.
There are so many good investment that can be made throught forex, stocks, and many more. I would say that it depends on one's perspective on how such thing work. If you think forex trading is worth a try, then you would want to invest as much time as you can, in hoping to achieve a good return!
|
Additional Username
|
Joined Apr 2018
|323 Posts
investment really important to survive in this trading place in a proper way but honestly speaking it will not works for all times until having good knowledge including money and risk management.
Hi everyone, I've been into forex in and out for sometimes during this year. I've always wondered if this kind of market is the "get rich quick" kind of environment. I'm 18 and I'm thinking about doing forex for a living after I graduated from college. What do you think is better than spending times learning forex?
Ignored
Try not to look at the forex market negatively. Do not be afraid of the risk, do not be afraid of the amount of material that has to be learned, do not be afraid to make mistakes and learn from them. The beauty of the forex market is the access to demo accounts and nano trading. As long as you do not put into the market an amount of money you are not comfortable losing you should be ok mentally because your not worried about money at all. Develop a winning trade strategy and stick to it, continue to learn and grow as a trader as well. Be careful of leverage and margins when you are just starting out as well.
If you continue to learn and trade inside the market, by the time your 26 you will be an expert trader who will probably be traveling the world.
investment really important to survive in this trading place in a proper way but honestly speaking it will not works for all times until having good knowledge including money and risk management.
Ignored
I don’t think investment is major issue in trading. Risk and money management is the proper way to ensure your survival in trading even if you have small investment.
|
Additional Username
|
Joined Aug 2020
|109 Posts
Of course, Forex is the best investment. From where it is possible to gain a lot of profit. Success in trading depends on experience. If this experience can be properly maintained, it is possible to make a lot of profit from Forex.
|
Additional Username
|
Joined Mar 2016
|641 Posts
investment is a big deal in Forex trading , generally we think only investment can bring good amount of profit from this market place but in practical there is no way to survive successfully despite of having much investment if there is no good knowledge and experience. so we the traders first of all have to make sure the powerful knowledge level.
|
Additional Username
|
Joined Apr 2018
|459 Posts
its a very complicated issue to answer, because it depends on your trading condition and all others. investment is must important in this volatile trading place.
|
Additional Username
|
Joined Sep 2017
|217 Posts
low investment is much risky in there because nothing 100% in Forex trading, and there is no one who can predict the market with certainly . so investment is, of course, need with others all.
low investment is much risky in there because nothing 100% in Forex trading, and there is no one who can predict the market with certainly . so investment is, of course, need with others all.
Ignored
I don't think that investment is the issue in trading. You can trade effectively with low capital due to leverage.
lets say you want to invest in property you spend roughly where i live 100k for a flat to get a average at best £500 per month to rent it out.... so what's that 0.5% per month
so in fx if you are even doing 1-2% per month consistently its a better investment
remember think in % terms as all things are equal and not monetary value
