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Is Forex reliable?

  • #241
  • Mar 15, 2017 9:40pm Mar 15, 2017 9:40pm
Hi, first time facing FOMC Economic Projections. May i know more about economic projections. For me, i am getting used to see fomc statement and fomc press conference. However , its the first time i heard of FOMC economic projections. I completely had no idea what this is about. Any kind soul?
  • #242
  • Mar 21, 2017 9:23pm Mar 21, 2017 9:23pm
Forex will be more reliable when they are able to have a maximum of science and knowledge, for reminding Forex is risky, should science and knowledge possessed so much can be believed in the advantages can be obtained
  • #243
  • Mar 26, 2017 5:33pm Mar 26, 2017 5:33pm
Currency trading is not reliable for retail traders. Those who are successful typically are advanced traders with an exacting ability to scale into trades. Professionals also have access to resources that retail traders will never have like real volume data and legitimate brokers.
  • #244
  • Mar 27, 2017 3:17am Mar 27, 2017 3:17am
Quoting matheszabi
{quote} Is like any other business: risk + know the details => success.
I agree with this perspective. Dedication to detail research, following economic news and foresight, perhaps even some background in mathematics/economics, are key for minimizing the risk and setting for success. Also, as far as perosnality traits are concerned, I'd add composure. If you are prompt to frustration/stress, look for ways to channel it, so it does not influence your work.
  • #245
  • Mar 27, 2017 4:24am Mar 27, 2017 4:24am
when you invest in Forex, it could be profitable for you, only if you study hard & trade first using a demo account. It is also possible to lose your money. Hence, I advise you to invest only what you can afford to lose.
Even though forex is reliable, you'll need to have some experience and knowledge of the market and also have a good broker. Having the right amount of money and a solid trading plan and the right tools contribute to forex being reliable.
  • #246
  • Mar 27, 2017 9:49am Mar 27, 2017 9:49am
I believe that for one to be successful in trading, regardless of fx/stocks/futures/options. One needs to blend knowledge and experience together with determination.
Without all of those, successful trading is simply unsubstainable.
I look for value wherever it can be found
  • #247
  • Mar 27, 2017 10:07am Mar 27, 2017 10:07am
Even though mostly traders are loser form this volatile trading place but I can consider this as a reliable source to earn money very rapidly and for that the traders we have to ensure best source to acquire proper market Principe as well a reliable support from a trading platform because the trading platform can affect the result of our trading with certainly.
  • #248
  • Mar 27, 2017 11:45am Mar 27, 2017 11:45am
It simply depends on how good you are (And you better be DAMN good)
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #249
  • Apr 2, 2017 8:17am Apr 2, 2017 8:17am
It can be safe if you apply strict money management. With all else, your emotion plays a very big part too. So I advise you to trade on demo account before trading on actual account in the forex market. Cheers!
  • #250
  • Apr 5, 2017 6:41am Apr 5, 2017 6:41am
Forex is nothing but gambling and 99.9% people lose all their money
  • #251
  • Apr 12, 2017 2:09pm Apr 12, 2017 2:09pm
Yes forex is reliable and a good source of income . However it is going to take a lot of time and work for you to make it work that way. in the Forex market , we lose as well as gain . one of the factors to consider is your Forex broker. if you haven’t chosen a broker, then you should research the Fx broker that you are interested in before signing up under them. A bad broker might cheat you.
  • #252
  • Apr 17, 2017 5:49am Apr 17, 2017 5:49am
Forex good to make income
Let Market Tell You
  • #253
  • Apr 17, 2017 11:22pm Apr 17, 2017 11:22pm
forex will be better able we believe when science and trading skills possessed maximum, with that as a trader who wants to be able to run good trading it is necessary to struggle and the process that we run trade as possible in practice in the run as in the demo account or a contest in instaforex broker so that more can be obtained with good profits and easy
  • #254
  • Apr 18, 2017 4:43pm Apr 18, 2017 4:43pm
Forex is reliable or not, it totally depends on you, if you can acquire good trading knowledge by passing a long time , then it can be a reliable source for earning money consistently. On the other hand , you can fall a great loss from here due to non-sense planning , lack of proper risk management plan and for much more other reasons.
  • #255
  • Apr 18, 2017 10:18pm Apr 18, 2017 10:18pm
Quoting Banet
Forex is reliable or not, it totally depends on you, if you can acquire good trading knowledge by passing a long time , then it can be a reliable source for earning money consistently. On the other hand , you can fall a great loss from here due to non-sense planning , lack of proper risk management plan and for much more other reasons.
To generate maximum profits, there must be a strong will will continue to learn and practice must be applied within a trader can also take advantage of the facilities provided fatherly help retrain capability. Forex can we trust when it has a variety of science and knowledge possessed
  • #256
  • Apr 21, 2017 3:57am Apr 21, 2017 3:57am
Of course it is! Basically, this is a decentralized market, so no issue with security! But, you have to select a reliable Forex broker for safe trading! Regulated Forex brokers are transparent they protect traders trading capital in the proper way! On the other hand, non-regulated Forex brokers are market maker, they block traders capital after making a handsome money, so stay with only regulated Forex broker!
  • #257
  • Apr 24, 2017 1:34am Apr 24, 2017 1:34am
Run forex trading that we first try to always run a good trading with learning on the run for more profit that is expected in running forex trading can we get easily in running trading with instaforex broker
  • #258
  • Apr 24, 2017 2:07am Apr 24, 2017 2:07am
Quoting gabanda
forex will be better able we believe when science and trading skills possessed maximum, with that as a trader who wants to be able to run good trading it is necessary to struggle and the process that we run trade as possible in practice in the run as in the demo account or a contest in instaforex broker so that more can be obtained with good profits and easy

I agree with you..

Trading is risky like every business has risk. Every business is probability game .. may it will grow or not. Depends on your skills and knowledge .

if we treating trading as business. Business has plan for entry and exit. For example we have seen products ( any products like cloths , household items..etc) sale or discount or 10% 20% off. These are risk management plan for companies to avoid huge losses and for running business smoothly and stay in markets.
  • #259
  • Apr 24, 2017 5:35am Apr 24, 2017 5:35am
Well, there is no question on reliably for good skilled Forex traders, they can earn huge amount of money so smartly! But for the novice traders it’s too risky! Generally, novice traders can’t identify good entry points of market and they are interested on quick profit, as a result maximum novice traders lose their 1st trading capital! So please don’t try to make huge amount of money without learning, it’s quite impossible!
  • #260
  • May 5, 2017 1:55pm May 5, 2017 1:55pm
It can be reliable if you take this as a business platform

and it also can be anecdotal if you take this as like a casino.
Now choice is yours.
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