Forex is a quick earning source but it is not easy to do and get success..you have to keep yourself always in learning process..to become a successful trader..
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So easy it is while saying it. Yes, learning the concept is easy as well but implementing it and getting a better result gives you the hook. If Forex were easy as you explained, those people that have left Forex wouldn't have and you know what, it takes more than those explanations to know Forex.Forex is very easy to learn. Its no rocket science. If you can read and understand then you can learn forex. What is so hard about it anyways. You buy low and sell high and buy at the right time and use management skills to get ahead of your trades. You would also trade the right pair at the right time and at the the right trend in order to gain profit. If there is a bad trend, you don't trade. You can also learn from Youtube videos. There are many videos on there.
I do accept the fact that forex trading is easy to learn. However, when it comes to putting what we have learnt into practice, most traders fail. That is the most difficult thing in forex trading. Most traders can easily understand trend and forecast with reasonable accuracy. But when it comes to trading with real money emotions such as greed and fear take over. This results in mistakes. Only a trader who has a lot of control on emotions would ultimately rein over the market, even though learning looks easy.
I do accept the fact that forex trading is easy to learn. However, when it comes to putting what we have learnt into practice, most traders fail. That is the most difficult thing in forex trading. Most traders can easily understand trend and forecast with reasonable accuracy. But when it comes to trading with real money emotions such as greed and fear take over. This results in mistakes. Only a trader who has a lot of control on emotions would ultimately rein over the market, even though learning looks easy.
When the trader learns how to trade and he or she is not being able to trade in the forex business, then he or she has not been able to learn it. Learning how to trade and to be able to make profit in the forex trading market is not an easy thing for the trader to do.Learning about forex is easy but trading with real account is not easy as most of the people think . It is a challenging work to manage account and risk of trading . Market analysis is also a difficult due to its changing conditions.
I do accept the fact that forex trading is easy to learn. However, when it comes to putting what we have learnt into practice, most traders fail. That is the most difficult thing in forex trading. Most traders can easily understand trend and forecast with reasonable accuracy. But when it comes to trading with real money emotions such as greed and fear take over. This results in mistakes. Only a trader who has a lot of control on emotions would ultimately rein over the market, even though learning looks easy.