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forex is all about

Discussion in 'General Trading Forum' started by LorrainMor, Jan 23, 2019.

  1. LorrainMor

    LorrainMor

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    Forex, the largest decentralized market is providing entrepreneurship opportunities. And this 24 hours open market can facilitate greater liquidity here. However, this internet facilitated global network is allowing traders to take participate in trading from any place in the world which is making forex more reliable earning platform for women or student. Whether day or night, a retail trader can enjoy the opportunity to function currency exchanges from any market session or center.
     
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  3. Lee Mark

    Lee Mark

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    It’s a great advantage; & this is why, till now there have so many traders who are making money here as a part-timer. Besides, nowadays brokers are offering so many trading pairs.
     
  4. Achille.Lycurgus

    Achille.Lycurgus

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    That's true that everyone can participate in forex market 24 h / day, but we must have a great trading strategy to win the profit.
     
  5. lioneld

    lioneld

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    That the point; without having a good trading strategy the path is too much sticky. By the way, traders need to practice with so many trading systems to find out the best one for his trading.
     
  6. The trader

    The trader

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    So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
     
  7. Yorley

    Yorley

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    I like forex because it is so user-friendly. You can trade from your home computer, or you can choose to bring your trading platform through mobile phone on your vacation. You can trade from anywhere. It is so convenient
     
  8. Smash Fun

    Smash Fun

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    The foreign exchange market is the largest financial market for traders & investors. Previously, the FX market was majorly operated by only multi-national corporations, large financial institutions & secretive hedge funds. But, presently every individual is trading currency in this fascinating market.
     
  9. anna.serea

    anna.serea

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    Just like stocks, you can trade currency based on what you think its value is (or where it's headed). But the big difference with forex is that you can trade up or down just as easily.
     
  10. Astirewien

    Astirewien

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    I agree with this. Much as there is so much liquidity in the Forex market, one must have winning strategies in place to maximise on profits and get the best results. Forex is a 24 hour market and is very decentralized which presents every trader with equal opportunities to make money as long as your strategies are sharp and on point.
     
  11. Hoang

    Hoang

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    Without a good strategy we are trading blindly like a sailor without compass. We just have to develop one plan or strategy that works for us.
     
  12. The trader

    The trader

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    in Fx The best part of the forex strategy is money management –make sure every time you trade , you don’t risk more than 2-3% of you account otherwise you will break your account pretty soon. I learned that lesson from my own experience.