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Is Forex reliable?

  • #521
  • Dec 10, 2020 11:13am Dec 10, 2020 11:13am
Yes, forex is reliable if you decide to trade safe and take a certain risk to increase profit. Some doubt forex because there are brokers that are scammers who lure in traders by providing bonuses.
  • #522
  • Dec 11, 2020 12:51am Dec 11, 2020 12:51am
Yes forex is reliable but it needs as much hard work and efforts as any other money making work. Its not any get rich quick thing.
  • #523
  • Dec 11, 2020 12:07pm Dec 11, 2020 12:07pm
Quoting mlawson71
Personally, I wouldn't call it reliable. The majority of traders lose money, that is an unfortunate fact confirmed by financial regulator statistics.
Finally, someone posted concrete statistics on what percentage of traders suffer losses
  • #524
  • Dec 12, 2020 12:16am Dec 12, 2020 12:16am
Quoting Kesha8
Yes forex is reliable but it needs as much hard work and efforts as any other money making work. Its not any get rich quick thing.
not only Forex trading according to me, every trading or ant business is reliable if you have most powerful analyzing trade knowledge and experience.
  • #525
  • Last Post: Dec 12, 2020 8:27am Dec 12, 2020 8:27am
Quoting Deepak.Dubey
{quote} Finally, someone posted concrete statistics on what percentage of traders suffer losses
I think it is important to base these things on reliable sources, not hearsay. The actual statistics are already bad enough, I think.
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