challenging nature of forex

[FXOpen Trader]

There is no doubt that the forex market is evolving now because of the dynamic changes in the global economies. But there is no need to worry about these challenges. These new challenges will only make traders better at trading.

I can say for sure that the trading systems needs to be such so that we can get a Reliable income.

 

[Evagation]

The most challenging part in forex trading is patience. Only a few people with a lot of self control are able to succeed in forex trading while being patient. It takes a lot of time for a trader to become an expert in forex trading.

 

[Davidfx89]

in this market place as a new Forex trader i think it is really challenging to control emotions even when trading in a demo account .

 

[The trader]

generally the beginners trade over and over above all when making a losses , they try to overcome the losses by overtrading but at the end of the day they become loser.

 

[FXOpen Trader]

generally the beginners trade over and over above all when making a losses , they try to overcome the losses by overtrading but at the end of the day they become loser.

We will need to make the Efforts so that the losses can be reduced by us.

 

[Adrienrad]

Yeah, I agree with you that the forex market is all about challenges. Everything because it was created to be like that. Of course, some trader don't prefer competitiveness on the market and they believe that they just want to trade on their own without any negative emotions but it's not about forex tradign at all. The matter where is to learn how to trade without any negative emotions, just learn how to take losses and mistakes for granted. Challenges are inevitable in trading and they really facilitate the faster and the more effective growth of a trader as a professional on the market.

 

[Bandwagon]

Yes, forex is quite a challenging field as it's highly volatile. It often gets overwhelming for the traders to always be up-to-date with the dominant trends in the market and absorb all the information about all the concepts and financial tools of the forex market. In addition to this, the risk involved is quite a lot as it is an international market.

 

[Bahiya Shinam]

In this case my fixed risk reward ratio helps me a lot! In my trading I always try follow that rule: I never take more than .5% risk reward ratio in any single trade position! Thus I am maintaining my risk % in trading!

 

[Underwit]

Forex is challenging because it is dynamic and requires familiarity with different market scenarios. There are many factors that move the market. To make successful trades, you need to develop the right analysis. And that is a long process.

 

[Nayek Pichai]

There is no way to ignore your statement! Forex trading is risky by it’s nature, but you can reduce the risk % by learning & using money management plan! In addition, try to use demo if you try any new trading style or strategy!

 

[FXOpen Trader]

There is no way to ignore your statement! Forex trading is risky by it’s nature, but you can reduce the risk % by learning & using money management plan! In addition, try to use demo if you try any new trading style or strategy!

I have been doing my Forex Trading with FXOpen Markets from the last 10 Years and they are very Reliable and Trustable International Forex Brokers

 

[Suzzaine89]

Discipline is a challenge when it comes to nature of forex.
Emotion is another one.

 

[heispark]

Forex is challenging because it is dynamic and requires familiarity with different market scenarios. There are many factors that move the market. To make successful trades, you need to develop the right analysis. And that is a long process.

I agree that right analysis is very important for trading forex. It helps a trader to determine right buy or sell decisions.

 

[FXOpen Trader]

I agree that right analysis is very important for trading forex. It helps a trader to determine right buy or sell decisions.

With the help of proper analysis into the markets the income can get increased.

 

[Nezami]

demo experience sometimes doesn't work in really account, its really true. but that not mean , it is useless. beginners level of course minimum have to spend 3-5 months in here to ensure live trading experience.

 

[Svetlana Loboda]

money and risk management its all about same , i feel most of the time , because we use it to avoid unfortunate risk and losses

 

[Nezami]

Forex trading is a place where we actually come to make money more but become loser ultimately , because of just emotions.

 

[The trader]

The Forex market is really uncertain in spite of having most powerful analyzing knowledge and experience.

 

[Svetlana Loboda]

trading style can be useless if there is no money management , we have to make sure good money management first of all.

 

[Nezami]

Please without using practically don’t recommend at any broker , because lots of trading brokers are available in this retail market place and most of them are found to be scams. We the traders can choose a broker which is more appropriate to the concept of trading that will be used.