Who should not trade forex

[Fx Master]

If you can kick off a live account with a sufficient trading balance I think you have to practice on long term trading which is safer and sounds then any trading techniques. But for making profit very rapidly you can trade sometimes in short term trading policy such as scalping that brings profit in a short time.

 

[raniya]

We should not trade in forex if we don't want to learn about forex. I think we can try to be an investor, but it's also risky. I prefer to trade with my own money, learn about forex to earn profit here. So, until now, I still try to make practice in demo account with FXB

 

[Derzi]

Forex is hard for impatient and greedy people. They are more likely to drain the deposit.

 

[altrov]

Forex is definitely not for people who are not willing to take risks. It is risky, so I won't blame those people who choose safer investments.

 

[kxforexmart]

Actually all depends upon the traders choice and passion ,if we are not interested towards the business its better not to trade as we can't concentrate on the business and our result can be detoriated.

 

[vidazemlak]

Forex is not for the individuals who disdain learning, and remaining taught while they trade. Forex is likewise not for the individuals who are much excessively rushed in their choices or need cash urgently either as both can make them go crazy on the off chance that they don't profit. The before you know it they are discharging their charge card just to recoup their misfortunes. In the event that they don't invest exertion, they ought not trade either. Forex takes work and its not simply simple betting like red or dark. I love to learn.

 

[Pill Head]

Forex is open for everyone, and it is very easy to enter too, all you need is a Computer and a good internet connection, but what makes you successful in it is the knowledge and experience and skills that we obtain by doing lots of practice.

 

[Svetlana Loboda]

Forex is open for everyone, and it is very easy to enter too, all you need is a Computer and a good internet connection, but what makes you successful in it is the knowledge and experience and skills that we obtain by doing lots of practice.

Very smart reply; I see you have covered almost all of points in your simple answer! Basically, there is no restriction to enter but till now only few traders can make money here.

 

[LalRemigiusz]

who does not want to trade forex is a man who still doubt it will success in the forex world.

 

[Lee Mark]

who does not want to trade forex is a man who still doubt it will success in the forex world.

Basically, it’s all about the trading knowledge & skill; so which traders have a good trading skill they are able to earn decent amount of money in everyday; without knowledge the success is obviously impossible.

 

[The trader]

Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.

 

[Eduardo Lucchese]

Those who have no knowledge about this market can not do forex.

 

[Mark Dahl]

Those who are greedy and want to succeed in a short time, should not try forex trading.

 

[Alicia Lynch]

For those who are emotional, trading will not bring good results. Again, those who have less patience will not be able to trade.

 

[David Marco]

Those who have no patience can not do forex.

 

[Alexander Hudson]

proper knowledge is very much needed to survive in this risky market.

 

[forexlover]

I must say along with understanding forex markets, do demo trading on demo accounts offered by many brokers out there. This will help you to understand the concepts in a better practical way .

 

[Gito Dinev]

There is no shortcut way to success. If you think that trading is not for you.

 

[Kazumu Fukunaga]

A person who can't take loss, should not be a trader. At the beginning you will lose money. And you don't know how long the losing steak will go on.

 

[Kevin Vogt]

In currency trading, many retail traders do gaming. Actually once you don't have necessary skills to produce good trades, you wind up betting. That is why abilities are important. If you are not willing to develop skills, don't trade.