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Is Forex reliable?

  • #261
  • May 5, 2017 9:16pm May 5, 2017 9:16pm
Yes, Forex trading business is risky but that doesn’t mean Forex is not reliable! There have so many pro traders who are making really handsome amount of money regularly! So, if you have good trading skill then Forex would be reliable to you otherwise not! Besides, always stay with regulated Forex broker since only regulated Forex brokers are able to ensure 100% capital security!
  • #262
  • May 6, 2017 3:42am May 6, 2017 3:42am
Quoting NeilWagner
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 its too risky! Generally, novice traders cant 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 dont try to make huge amount of money without learning, its quite impossible!
Almost everyone blows their first account....
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -112
  • #263
  • May 15, 2017 7:56am May 15, 2017 7:56am
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 lose money to a ho too after one deal fuck. And not to mention many other health risk.
This is not investment/trading advise. Will not hold accountable for loss
  • #264
  • May 16, 2017 12:38am May 16, 2017 12:38am
well we cant really tell how realiable forex is, it has to many factors really that depends on it, but the thing i love about forex is the possibilities are limitless, and in the end it all falls on the traders
  • #265
  • May 17, 2017 2:32am May 17, 2017 2:32am
Forex market is the largest and most liquid market in the world! In addition, in order to the Bank of International Settlements, Forex trading increased to an average of $5.5 trillion in a day! That means, there is no question on reliability and transparency! But, it’s true trading without proper knowledge and experience is risky! So, if you are a novice trader, study more to reduce your risk reward ratio!
  • #266
  • May 29, 2017 3:39am May 29, 2017 3:39am
I passed a long time in Forex ,
but honestly speaking I lost interest sometimes because of its much volatile nature ,
that’s why I am not willing to consider Forex as a reliable platform at all times.
  • #267
  • May 29, 2017 3:59am May 29, 2017 3:59am
I don’t know why you not considering Fx as a reliable source to earn money. I Do believe ,
if anyone can pass a long time in here with great survive, he or she will earn money very rapidly from this volatile trading place.
  • #268
  • May 29, 2017 5:38am May 29, 2017 5:38am
Forex is reliable really and I have overcome my financial problem very rapidly by this market place , even though I was a great loss when newcomer but I have overcome by hard working and passing a long time with great patience.
  • #269
  • May 29, 2017 6:15am May 29, 2017 6:15am
Quoting Banet
Forex is reliable really and I have overcome my financial problem very rapidly by this market place , even though I was a great loss when newcomer but I have overcome by hard working and passing a long time with great patience.
Im glad to read hard work pays off. Its reliable for sure, but I think as you said it patience is the key thing here to actually succeed. Patience and persistance.
  • #270
  • May 29, 2017 6:43am May 29, 2017 6:43am
The question should be can you rely on your self in this business/crazy ride?
You can trade any kind of market, but if you can't rely on your self, have courage and confidence then trading is not for you until you are able to full fill the minimum requirements that I just said.
This is not investment/trading advise. Will not hold accountable for loss
  • #271
  • May 29, 2017 12:21pm May 29, 2017 12:21pm
How much reliable” Forex “
I think it depends on you. If you can observe all inevitable part of trading, then it can be a reliable source to earn money. Otherwise it could be dangerous for you.
  • #272
  • Jun 3, 2017 10:04pm Jun 3, 2017 10:04pm
Quoting GeorgeBaile
How much reliable Forex I think it depends on you. If you can observe all inevitable part of trading, then it can be a reliable source to earn money. Otherwise it could be dangerous for you.
Just like getting married, have kids, work in a factory, buy a gun, eat strange food

forex is no different than the rest of this universe.
  • #273
  • Jun 8, 2017 1:01am Jun 8, 2017 1:01am
Quoting deltatrade
{quote} they lie. forex is a sure thing. if you have some savings you can safely put 75% in trading.

Are you sure? Because, in Forex more than 90% Forex traders are struggling here for making regular income! Forex is not any easy way of money making, there is no certainty, and traders need huge knowledge on trading!
  • #274
  • Jun 8, 2017 2:14am Jun 8, 2017 2:14am
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?
Nothing in life is predicable. Nature is made up of uncertainties. Societies that we live in create this illusion of certainty. I'm sure many of us don't know if we'll live to see tomorrow or the day after tomorrow. We could be hit by a car and die on the spot. That is how life functions.

If you studied quantum mechanics (whole lot of fun subject) we're always dealing with odds even at the smallest atomic level. Its either up or down both with a probability of 50% each. Now with forex if you put the time and the effort you actually can predict the move with 60-80% accuracy. In that sense FX is actually a lot easier and you stand a much better chance than calling a particle's position at any given time.
...
  • #275
  • Oct 22, 2017 3:08am Oct 22, 2017 3:08am
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?
Yes, it’s an unpredictable business but that doesn’t mean Forex is unreliable! Till now it’s the number one online profession! It’s a knowledge based profession! No one can make money here without enough knowledge, so trading skilled is must here.
  • #276
  • Oct 23, 2017 7:03am Oct 23, 2017 7:03am
Quoting GeorgeBaile
{quote} Yes, it’s an unpredictable business but that doesn’t mean Forex is unreliable! Till now it’s the number one online profession! It’s a knowledge based profession! No one can make money here without enough knowledge, so trading skilled is must here.
just like every business .. need skill and experience .. both comes with actually doing it.

about "reliable as such" .. well i rather loose a few trades than the only one paycheck comes from a 9-5
  • #277
  • Nov 3, 2017 3:47am Nov 3, 2017 3:47am
Quoting GeorgeBaile
{quote} Yes, it’s an unpredictable business but that doesn’t mean Forex is unreliable! Till now it’s the number one online profession! It’s a knowledge based profession! No one can make money here without enough knowledge, so trading skilled is must here.
Besides trading skill we the traders have to ensure a complete trading support fr4om a credible trading broker, because the broker can affects the result of our trading with certainly.
  • #278
  • Nov 3, 2017 5:11am Nov 3, 2017 5:11am
Quoting BenDunk
{quote} Besides trading skill we the traders have to ensure a complete trading support fr4om a credible trading broker, because the broker can affects the result of our trading with certainly.
That is nonesense!
And a typical excuse for failure.

if you run a delivery biz, driving 1999 Fiat Panda
you will still be able to get the job done.

later with some good cashflow you can then invest in a better vehicle,

same in trading, the broker is just a service provider, it may be good or bad, butnit wont decide between get broke or get rich.
  • #279
  • Nov 4, 2017 3:10am Nov 4, 2017 3:10am
Of course you can lose all.
It is main rule that you need to remember.
And you can earn(in long term) only 20-80% per month.
  • #280
  • Nov 11, 2017 10:50pm Nov 11, 2017 10:50pm
Quoting Retingerrd
And you can earn(in long term) only 20-80% per month.
“Only” ???

Hahaha, you know if you start with 10$ making 80% a month you would own all the money that exists on this planet in less than 10 years !
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