1. The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

forex is not easy to win

Discussion in 'Beginners Forum' started by Anderson, Feb 29, 2020.

  1. Anderson

    Anderson

    Messages:
    270
    Likes Received:
    8
    Yes forex is not easy to win. You have to acquire specific knowledge and skills. Without skills you will lose money continuously. And for skills you have to spend time. If you think forex is easy, don't come to here. You will lose your hard earned money. If you can give time and efforts to learn, you can give a try.
     
  2. Loading...

    Similar Threads - forex easy win Forum Date
    forex is not easy to win. General Trading Forum Jun 21, 2020
    Any easy way to win in forex General Trading Forum Oct 21, 2013
    Easy Forex General Trading Forum Sep 29, 2017
    Forex is an easy source to earn money ? General Trading Forum Jan 20, 2017
    Really Forex is easy to earn ? General Trading Forum Sep 8, 2016

  3. Lee Mark

    Lee Mark

    Messages:
    1,182
    Likes Received:
    8
    In Forex, more than 95% traders are unable to make money! That’s the full story! So, Forex is one of the most challenging profession, there is no way of expecting easy success here!
     
  4. Nezami

    Nezami

    Messages:
    884
    Likes Received:
    17
    in Forex education is important ,
    no way to deny but also important is continue keep practice on demo or micro.,
     
  5. Fx Master

    Fx Master

    Messages:
    647
    Likes Received:
    8
    As a newcomer we the trades can take demo account for acquiring proper basic knowledge which is very supportive to continue a live trading in a proper way. But practically we the traders don’t believe the importance of this trading place at all. As a result almost 90% newcomers fall a great loss after joining very rapidly live account.
     
  6. The trader

    The trader

    Messages:
    672
    Likes Received:
    6
    Lol, without pre school level in Pips
    , as a newcomer your trading condition as like a ship in an ocean without a rudder.
     
  7. Andrew McCalam

    Andrew McCalam

    Messages:
    658
    Likes Received:
    12
    we always advise to learn basic level for beginners level , but learning can be useless if there is no regular practice in demo or micro account , so besides learning it is more appropriate to emphasis on practice session
     
  8. Smash Fun

    Smash Fun

    Messages:
    505
    Likes Received:
    1
    Forex market is to be balanced by the ratio of Risk and Reward and if a trader is good at managing the ratio forex trade will not be hard for him/her. Its difficult for those who do not posses required knowledge before trading into actual market.
     
  9. helodear123

    helodear123

    Messages:
    326
    Likes Received:
    8
    Yet this is the harsh reality however those who let go off these losses and learn from their mistakes can have the chances of becoming successful in future.
     
  10. Fx Master

    Fx Master

    Messages:
    647
    Likes Received:
    8
    The newcomers need a proper guidance to keep survive in this volatile trading place , in order to me I think FPA and pips school can be a great source for the new traders to acquire most powerful analyzing basic knowledge which is very supportive to continue a live trading in a proper way.
     
  11. Mary78

    Mary78

    Messages:
    20
    Likes Received:
    0
    Not at all! It takes a lot of practice, learning and research to succeed in forex. not easy for all.
     
  12. Randiall

    Randiall

    Messages:
    63
    Likes Received:
    0
    Forex trading is easy to make money because we will be able to make money from this business in a very simple way. you need only good knowledge about this Forex trading business, then it will e easy for you to make money from this Forex trading business
     
  13. Faal

    Faal

    Messages:
    779
    Likes Received:
    14
    it is more appropriate to go through the school minimum 2-3 times , but newcomer just finished school rapidly and kick off a live account. this is not good.
     
  14. Tom Latham

    Tom Latham

    Messages:
    1,398
    Likes Received:
    10
    actually i dont support at any PAAM services , i always prefer manual trading. its a permanent solution but need a long time to be experienced.
     
  15. Nezami

    Nezami

    Messages:
    884
    Likes Received:
    17
    Many experts suggest not to trade with high leverage, but In order to me, if traders have confidence with their trading strategy and high amount of money in deposit account, surely they can choose high leverage ratio because it will give them no problem. But if have small balance deposit only while trading system is not too good , small leverage ratio could help traders minimize the ratio.
     
  16. Faal

    Faal

    Messages:
    779
    Likes Received:
    14
    if you looking for a best broker list , you have to spent lots of time in Google and you tube, besides this its more appropriate to ensure FPA which is mainly considered as a best place to judge real broker.
     
  17. Nezami

    Nezami

    Messages:
    884
    Likes Received:
    17
    generally the target we select is not realistic, this is the main problem we have and for that reason we cant fill up our target completely, we have to make sure the target according to our knowledge and experience , over targeting make make us always greedy and emotional. so be careful
     
  18. Fx Master

    Fx Master

    Messages:
    647
    Likes Received:
    8
    leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
     
  19. Andrew McCalam

    Andrew McCalam

    Messages:
    658
    Likes Received:
    12
    Lacking of money management is a part of losing, I admit it. But not the foremost at all. The main issue is keeping emotions with lack of good trading knowledge.
     
  20. Ebba

    Ebba

    Messages:
    10
    Likes Received:
    0
    Not easy, but not impossible too:)
    With good planning, risk management and research, one can win here for sure.