Forex Trading is Profitable?

[jhonjhon]

Everything in doing online investment is risky as compared to local investment. Forex have a good existence and it sees amazing on it but nothing good compared into crypto investment as any members involve in here. A lot of people we're become millionaire just because of crypto and many live have change.

[Fu Mei Mei]

Although forex trading is more profitable as you say, but I am still not interested because it is more risky than cryptocurrency. For example, if you incorrectly analyze in forex trading you will lose all your balance (margin call), but if you incorrectly analyze in cryptocurrency trading you still have the opportunity to reduce losses by holding it or doing cut loss.

[necromastery]

forex trading is very good for day trading and swing trading , we can make lot of money if done properly

profitable and not depends on the person who plays, because there are already so many people who lose money because the experience is still small and there are those who succeed in forex too. and it depends on how you play

That's right, It also depends on someone's fate. Not everyone will succeed like most people, sometimes it becomes a disaster for them because their money will run out if their predictions are always wrong at all times.

[adaseb]

I've traded stocks, metals, oil markets, cryptos, interest rates, yields, bonds, etc and I found Forex trading to be the most difficult ones to make a profit in.

They are great because they are traded 24 hours so its good if you have a day-job and there is tons of leverage and tons of liquidity.

However they are by far the most difficult markets to make a profit in. They are basically zero-sum mostly and the whales know all the tricks the retail traders do to take away their account balances.

If it works for you, great. But the stock market and crypto markets are much easier to make a profit in when they are in a bull-market. With forex, whether its bull or bear, its difficult either way making money.

[DainnyRobin]

do you think this is safety guys

[richcorner100]

Forex trading is one of the good way to make money but with high risk because all broker only offer margin trading for this pair and does not trade on the spot market. Trading on forex market will be profitable according management of risk and money also we have to use low leverage and smaller size of lot to minimize the risk.

[Initscri]

It's honestly risky unless you do your due diligence & research. There's a hell of a lot more dynamic variables when it comes to Forex vs standard stocks. You're looking at entire economies of countries more or less compared to a single corporate entity.

I wouldn't recommend anyone trade Forex before trading cryptos or stocks. Don't put the cart before the horse.

[carlfebz2]

It's honestly risky unless you do your due diligence & research. There's a hell of a lot more dynamic variables when it comes to Forex vs standard stocks. You're looking at entire economies of countries more or less compared to a single corporate entity.

I wouldn't recommend anyone trade Forex before trading cryptos or stocks. Don't put the cart before the horse.

Hardest part of being a forex trader where fundamentals do really have a big influence on each trade or decision you would make on Forex.Yes, you would need to look on the entire
economies depending on what currencies you are trading to.Lots of thing to be researched and factors to be confirmed.This is more complicated than with Crypto actually.
I do have the experience but I left out forex due to profits.Its slower and lesser compared to crypto.

[Golftech]

Forex trading is one of the good way to make money but with high risk because all broker only offer margin trading for this pair and does not trade on the spot market. Trading on forex market will be profitable according management of risk and money also we have to use low leverage and smaller size of lot to minimize the risk.

Knowing how to manage your funds and allowing yourself to keep being updated to adjust in any market flows can give you a profitable activity inside forex, as we knew that from what we earned someone loses their money so each time you place your entry its always accompanied by risk, taking your time to review and analyze everything can give some edge but not an assurance.

[enawati]

Forex trading will be profitable if we use good trading plan and we should be not greedy by have target profit 10%-20% monthly. Also use low of leverage and lot, many trader loss in forex trading because too greedy by use high of leverage and lot.

[yanto@1977]

Very good, this is really education that we should have before decides to replace our asset into market. This post will open our mindset that trading is not easy but we can learn and get income from the market. Never forget, there's no perfect strategy or the best currency to trade, we only can predict and learn to accept the result.

[bitcoin31]

Risk we cannot removed that even we want.  Maybe forex trading is porfitable income to those people have a lot of knowledge with that. Everything will become easy you know what you are doing like always said practice makes perfect. But not all people thinl forex trading is good because we have different think about that and for me it depends.

[kalstarzz]

I rate Forex has greater potential in trading, here we can lose our funds up to 100%, in contrast to treding stocks.
when we want to trade falas we must have very good skills, we should not try.

[Idrisu]

Forex trading is very profitable and you just need to develop your experience through demo trading in other to be able to become a professional trader. It is also one of the risky ways of making money and if don't have a good strategy in place there is no need of going into it.

[milewilda]

It's honestly risky unless you do your due diligence & research. There's a hell of a lot more dynamic variables when it comes to Forex vs standard stocks. You're looking at entire economies of countries more or less compared to a single corporate entity.

I wouldn't recommend anyone trade Forex before trading cryptos or stocks. Don't put the cart before the horse.

Hardest part of being a forex trader where fundamentals do really have a big influence on each trade or decision you would make on Forex.Yes, you would need to look on the entire
economies depending on what currencies you are trading to.Lots of thing to be researched and factors to be confirmed.This is more complicated than with Crypto actually.
I do have the experience but I left out forex due to profits.Its slower and lesser compared to crypto.

This is right!

When it comes to profitability then i would say that forex is slightly lower and slower than with cryptocurrencies but overall the concept is just really the same.I do have
friends that do still doing forex upto now.I'll say its profitable since they can able to make some profit in the end of the day and sustaining themselves into their living.

[Astarote]

Its just my first (newbie) sight according to forex trading.
We can get huge profit by instant time, and the cryptocurrency is the otherwise. Like the other said, its depending on your skill, research or anything about forex trading to get the huge profit. But, it also have big risk when we're take wrong place on our bet.

Sometimes i think about to join forex trading, and i was join forex trading (demo) few days ago. I still doubt about to make deposit (real acc) on forex.

CMIIW

[TomArayaSlaya]

Big mistake buddy there is always risk in everything you do i life even typing with your computer example an electric shock can happen to your finger as you are typing now and burn them  But seriously the truth is basic you have to risk Forex and Crypto trading are much more thesame they have same concept just one is more volatile than the other

[apityeh71]

Is not profitable for me,  I was try forex trading a few years ago but very hard to make profit from it. I prefer to do crypto and stocks trading than forex.  Forex trading has higher risk because of leverage and all asset that tradeable by use leverage will be more risky.

[arpon11]

Forex Trading:

Currently Forex Market is the largest international currency trading market. Trading in the major trading volume through the world's largest bank, and there are about 4 trillion dollars per day trading through forex. As a new in forex Trading you have come to the right place where Forex trading is increasing rapidly.

Forex trading startup Benefits :

• The forex market is trading up to 4 trillion dollars per day. You can always give your trade buy, sell and close in seconds.
• You can spend 24 hours a day, from Monday to Friday. When the Sydney Market opens, then the Westman closes in the market. When Sydney closed the market, then the Westran Market opened.
• As long as you have internet, you will be able to trade at any time during the working time.
• Many Forex Tradesing Institution (Forex Broker), one can easily open an account.
• You can start trading even with the lowest $ 50 dollar invoice.
• Many Forex Broker Trading offers a commission of 0.

There is no risk in forex trading?

It's 100% risky When you are associated with Forex trading, it means that you are trading currency pair. This currency is up or down like stock market. If you are uncertain about what you are doing and selling, it can be a risk. For forex trading, you need to know about Fundamental, Technical and Market Sentiment. To be new to Forex, to be safe, first learn how to master.

How do you start forex trading?

You can start forex trading with online courses, help, guides or tutorials using the internet. Start forex training by acquiring basic knowledge of forex. The key to successful forex traders is to spend some time in the forex and flick out flickers. Another option may be through the seminar, from the Expert Flickr, your choice can be the fastest step to successfully start Forex trading.

You can start by opening a practice account online at Forex Trading Institution or Broker. Generally they will start with $ 100,000 or $ 50,000 in demo account. But remember, when you open a real account, you may deposit $100 in a mini account. When you are trading with a virtual dollar and will be anxious and confident, then only you will start trading with a real dollar account. In this way, your risk will certainly be lower than those who do not learn forex and start directly - they quickly empty the account and within a few days Forex will give up.

There are risks such as having a lot of advantages as a forex trader. If you are confident with the skills you have gained, you reduce the risk.

To be part of the forex community and to become a successful forex trader, Forex trading is one step closer to starting.

Thank you for sharing this with us and many of us that has been trading forex and commodities before the advent of cryptocurrencies has actually taken some risky and some of us has been making a living from forex trading especially the day traders.  I can said that trading is a very risky venture and because of this it is highly profitable if know how it works and you have develop your skills over time.  I don't think they is any traders that has not lose significantly in the cause of trading but one thing that is certain is that those that actually makes money from the market is to be persistent in trading.

[gabmen]

It would seem so since a lot of people have been making good money out of it. Though as with most things about businesses, you're required certain preparations, skill and experience to be efficient in forex trading. Many people thank forex for their wealth.