Forex is an easy source to earn money ?

[Somerze]

Forex trading is a good way to make money, but it is not easy. To make money in the forex market, you must put in a lot of effort, patience, and dedication. The foreign exchange market is difficult, risky, and lucrative all at the same time. Do not take things with such a relaxed attitude.

 

[Bahiya Shinam]

You have to come out of randomness if you truly want to earn from Forex. Professionals traders don’t open and close trades randomly rather they look into the market very carefully.

 

[Mugmag]

I never felt so. If it was easy to make money through forex, there would not have been so many losing traders. It’s best to not make any assumptions and find out what live trading looks like before you take any risks based on your assumptions.

 

[Tom Latham]

Forex trading can be a great part of trading , need a powerful trading management with good knowledge.

 

[Davidfx89]

newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

 

[FXOpen Trader]

newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen

 

[Nezami]

having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.

 

[BinarySumo]

Financial markets are not an easy source to make money. You get results with time, if you are consistently putting efforts.

 

[The trader]

so many online courses in Google
and most of them are found as scams. you can believe in this community.

 

[TruthCrypt]

newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.

Absolutely, one should choose a broker according to his/her trading style and requirements. I did the same while choosing fxview and pepperstone, was looking for a regulated broker with good trading conditions, found two. Been trading with them ever since.

 

[Distributive]

It’s not an easy source but if approached in the right manner, it can be profitable. Traders need to be mentally prepared to face the risk at hand during the process, it can be challenging, which is why risk control methods should be applied. With the correct attitude and analysing market behaviour, it can become a great source of extra income.

 

[Oscar Shumack]

The technique of avoiding volatility is to trade in non-volatile currency pairs. It will keep you on the safe side against crashes because sometimes a single crash can drive them away from the market. In this situation, trading in non-volatile pairs can be a solution to stay out of risk.

 

[Oscar Shumack]

Yes, Forex is an easy source of earning where traders can participate in trading sitting at home. You can use leverage to earn more as much as you want.

 

[Oscar Shumack]

Traders must stay alert about scam brokers because they can snatch your fund any time. So, make sure you are trading with regulated brokers.

 

[Eduardo Lucchese]

Sometimes long-term trading takes away the sleep of traders so many traders are allergic to this type. Considering so, scalping can be a safe option of trading.

 

[Oscar Shumack]

Portfolio hedging is also a good technique of trading. Basically, hedging is a strategy used to protect one’s position in a currency pair from an adverse move.

 

[Eduardo Lucchese]

Due to the availability of internet, earning knowledge has become quite easier than before. Practical knowledge is the essence of trading that traders should arm with.

 

[SaadBinToha]

That we don’t follow risk management policy is the biggest mistake. The more a trader understands the market, the more his profit-earning possibility is.

 

[Eduardo Lucchese]

Always keep your target for average profit earning because going a month without losses is like a daydream. Make calculation on your trading to gain average profit.

 

[Alexander Hudson]

If you are in loss, don’t be so sad because losing money is a regular occurrence in Forex but don’t quit Forex for this reason because it’s all about foolishness.