if you understand that what is forex trading, how this trading works, how to plan your strategies, then forex trading will be business for you. If don't understand this all, then it will be very tough business for you.
Please take a look around, and feel free to .
Yes definitely it is not easy but i would say its not that much tough also that one can't learn and get profit...being self motivated and eager to always learn leads to success in forex.
Completely agree with this thread, Forex is not easy especially for beginners but not that much though also that we can't earn.. through proper education, careful analysis one can easily get benefited.
You know, you have to be cautious when dealing with a place where your funds are because they say that wherever a man's treasure is, there would his heart also be and considering the uncertain nature of Forex, Traders will always think it wouldn't be easy to trade on it.It is indeed a huge business now because, of the latest technology we have seen the huge improvement in the trading platform and connection or internet access. But still people tend to think that Forex trading is not easy even the traders because of the risks and chance of making losses.
If forex trading were to be any easy, all the people would have made the money on evreyday basis. but we don't see it that waay right. because forex is hard work much more than the internet marketing and similar other things that we see these days. i personally think that we should consider forex as more of side income.
See, it is a personal opinion that you want to take forex trading as side income. I am also involved with forex trading as part time basis. But not everyone is involved as part time basis. There are many traders who are trading as full time basis.
I have even seen a couple of traders, young boys at that take Forex as their real business so they don't see it as something they do for some extra cash. Whichever way, Forex shouldn't be taken as walk over.
I really understood you well. Perhaps one would say that they are the link between we traders and the real Foreign Exchange market. Even an average trader who has no intention of working with a brokers' firm or being addressed as a very good trader would have to work very hard if he wishes to make profit from Forex.Well, if you think one thing then you will understand my point. To be an expert trader you have to work really hard. After getting much experience only you can be an expert trader. And some those experienced traders becomes independent brokers or works in an organization. Now we are dealing with those persons only who have taken forex as full time. If they wouldn't work, would there any people who could involve with forex. We can trade because there is somebody who is helping us to trade. So every work has its value.
I think Forex should be seen from the angle of a child that needs time to grow and needs some nutrients in the form of food to mature as well. It's just that most times, newer traders are always in a haste to make it quicker and for that reason, they fall into the trap of losses.As if we are all the same with the slowly but surely move but then, there are those traders who wants quick profits or fast achieving their goals which they ignore the risks and skip demo or test of their strategies which lead them to their failures. Therefore, no one should say it's easy and quick winnings.