How Profitable is Forex Trading ? - Forex Education
Is Forex Trading Profitable? – AskTraders 2020
Two Blokes Trading | Forex Trading Community
What is Two Blokes Trading? Two Blokes Trading is a fun and informative podcast and website for new and experienced home financial traders. It follows us, Tom and Owen, as we learn to trade profitably and consistently. We interview leading traders and trading industry insiders every week on the Podcast to give our listeners the best chance of becoming profitable traders.
Why do people say forex trading is not profitable and you'll loose your money?
Like if you jump in directly obviously you'll end up blowing your account, you'll loose hell lot of money But if you properly study, practice,make a strategy you will follow Have a risk management plan,learn the market and basically just put it effort in it,why won't you be profitable You can't just jump into anything and expect to become a millionaire,you need to work for it Example becoming a doctor, No one can just go into an operation room and start operating,you need years of practice and experience Same goes with forex,but the reward might just be a little juicier Soo don't be disheartened by the 90% loose money And keep realistic expectations,you can't expect to earn 90k a day without putting in the effort So guys wish you all the best and just work hard and practice man Form a proper plan and just stick to it
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Of course, if profitable Forex trading was that easy, there would be millions of online traders making large sums of money every day. In fact, the situation is quite the opposite. Most Forex traders actually lose money, and it is quite a challenge to start profiting with Forex. The answer to the question then is that for some, but not all, forex trading can be profitable. The challenge is finding ways to stack the odds in your favour. In this article, we will explore ways of improving your chances of success, including: Understanding the forex market and the other participants; Developing a trading mentality Forex trading may be profitable for hedge funds or unusually skilled currency traders, but for average retail traders, forex trading can lead to huge losses. The short answer is yes, Forex trading is profitable. The slightly longer answer is yes, trading in the Forex market is profitable but chances are you won’t make any money. How do I know trading Forex can be profitable? The short answer is yes, Forex trading is profitable. The slightly longer answer is yes, trading in the Forex market is profitable but chances are you won’t make any money. How do I know trading Forex can be profitable?
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