challenging nature of forex

[agatanapolitani]

Forex is definitely challenging and there’s no shortcut to success. Also, the market is highly volatile and risky so you need to plan your strategies very well. You also need proper money & risk management skills to save yourself from losses. Forex market has no place for emotions such as fear, greed, etc, so you have to prepare yourself mentally about the losses and this is why it is advised to risk the amount you can afford to lose.

 

[FXOpen Trader]

Forex is definitely challenging and there’s no shortcut to success. Also, the market is highly volatile and risky so you need to plan your strategies very well. You also need proper money & risk management skills to save yourself from losses. Forex market has no place for emotions such as fear, greed, etc, so you have to prepare yourself mentally about the losses and this is why it is advised to risk the amount you can afford to lose.

Forex trading is a type of business that needs to be done by us with proper planning and control.

 

[Flotsamm]

The most challenging part about forex trading is that we have to battle our interior nature and control our emotions which is the most difficult part.

 

[Gito Dinev]

Long term trading requires more and more time to invest in analysis to catch the actual market trend. On the other hand, scalping saves your initial time as you close your trade with 5 to 10 pips of opening. This type of trading is less risky than others. Even those who haven’t sufficient trading experience can also earn profit by scalping.

 

[Gito Dinev]

Forex is challenging because of its nature. Sticking to trading plan in forex is really difficult because Forex is a dynamic market and it doesn’t move at one direction all the time.

 

[Ethan]

Forex is much challenging because here you will see a certain strategy doesn’t work well all the time. Knowledge can help traders conquer this challenging market.

 

[JosephDelaunay]

its always going to be challenging in cant be easy because if it was easy everyone would do it.

 

[Gito Dinev]

In Forex traders mostly serach for short-cuts but they should know that shortcuts never bring good return for traders.

 

[Nayek Pichai]

Getting on the right track will be possible for you provided that you know how to analyze the market technically. Fundamental analysis is little tough for traders because it covers a wide area.

 

[FXOpen Trader]

Getting on the right track will be possible for you provided that you know how to analyze the market technically. Fundamental analysis is little tough for traders because it covers a wide area.

We will need to learn trading and also start doing the correct market analysis.