Forex Trading is Profitable?

[mersal]

I also had a huge craze in the forex trading from a long period of time because the risk involved in this trading will also be the plus point for lots of traders to get involved in this field I had a huge expectation from Forex trading to make money.

[akram143]

In forex trading the risks Involved here in this situation is lot more higher than any type of trading that's why it will play an important role in trading journey and making some good changes in the crypto field so I definitely believe that it will be a good way to get money for our future

[pinkpanther03]

Forex trading is profitable only to those who has a full knowledge in it. But if if not of course it wouldn't be profitable for us, we are just going to risk our capital in it. But if you are well verse and full of idea and knowledge about it, for sure it is impossible for you not to earn in Forex trading instead at the end of the day you can able to earn there 100%.

[Lpim01]

Forex trading is profitable only to those who has a full knowledge in it. But if if not of course it wouldn't be profitable for us, we are just going to risk our capital in it. But if you are well verse and full of idea and knowledge about it, for sure it is impossible for you not to earn in Forex trading instead at the end of the day you can able to earn there 100%.

Knowledge is the vital tool in all forms of trading. Forex trading isn't just strong enough to have more traders than of crypto. This means that crypto trading is more profitable than of Forex trading, both of them are still in high risk but we have a lot of choices in crypto rather than in here.

[Razerglass]

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.

Before I got here in crypto currency, I heard Forex trading already, but I had no idea about it. Until I discovered crytpo currency were I can able to do an actual trade in the market. Until time goes by I found out that forex trading is much more risky than crypto trading in my assessment of this matter.

Absolutely wrong,there is no way to call forex trading more riskier than crypto trading. Risk can be meausred in terms of volatility,liquidity,leverage,margin and more. First of all, volatility is main problem in crypto trading platforms and it is almost uncontrollable because of lack of market makers. In forex trading even 0.5% volatility per currency rate is accepted as big movement for day. Leverage is double edge sword and the way using this sword is depend on skills,experience of trader.

most "traders" here only know "all in trading". lol
than they try out Forex on one of those 500x brokers and make 10 lots+ "trades"

People new to trading often makes mistakes, but we are here to teach them the basics
This is the reason behind that promotions by brokers why majority of traders lose. For them quantity matters more than quality,so we don't have enough  power to fight back with misery. Leverage is first enemy of this kind of "traders". Some things never change..

[SlimShadyMmp]

If you are trying to compare Forex and Crypto trading i think your answer is there is basically no way they are thesame but you can gain or lose money in both market More losses can even be possible on Forex due to its certain nature than crypto i mean once you understand the blockchain and what no you have some kinda of advantage but Forex is just another advance level to me

[South Park]

Luck is one of the factors for you on getting rich into these kind of markets and as you said even a bad trader can luckily make huge sums of money and the good ones would lose bigtime.

The risk of these markets are just the same forex and crypto and as long it do involves buy and sell it can always give out the chance on making profits.You do execute orders which can

give out potential profits or loss depending on where the market would move.

Look sometimes luck can play a factor but if you are only counting on your luck to give you profits or to get you out of difficult situations then your luck will eventually run out, the ones that become successful in the forex market are the same ones that can become successful in this market and those are the ones that have a defined strategy they have tested personally and they know it works, everyone else that has not done that has incredibly high chances of losing all their capital against the people I described.

[Moiyah]

I've heard about forex trading and I admit that I am very much interested about it. Does they have similar ways with bitmex trading? I am more expert in bitmex than forex. And also, do they have a demo, too before gettinf started?

Though I am just reading some of infos about forex trading and exchanging currencies is I guess a bit hard. But, I am gon a give it a shot after gathering more wisdom and if I am cnfident enough to do it.

[bitgolden]

Once you are able to understand the market, forex trading will be very profitable to you, forex trading its not so easy like crypto trading and anyone who wants to embark in it will have to learn from experts who already know how the market is. Forex is profitable, but if you are a newbie trader, I will advice you learn how to trade crypto first before forex.

[wayaneka]

There are no spot online trading in forex market but just only margin trading that use leverage. The fluctuacion of forex market actually very low but that will be more risky because of use leverage. To minimize risk from forex trading and to avoid margin call we should be use low level of leverage and dont be greedy, the standar target profit in forex trading is not more than 30% amonth, so by this target profit we will take less risk because we can use lower leverage. We can do trading in spot market only in crypto and stocks market so for newbie trader is better firstly jump in to stocks or crypto trading without use any leverage. If our target profit less than 30% amonth but we can make consistent profit so by use compound strategy, we can increase the profit to be multiple times.

[Aivaryamal]

I have a lot of friends who consistently earn in the Forex market for 10-20% profit, we need to include this tool in our portfolio!

[South Park]

Once you are able to understand the market, forex trading will be very profitable to you, forex trading its not so easy like crypto trading and anyone who wants to embark in it will have to learn from experts who already know how the market is. Forex is profitable, but if you are a newbie trader, I will advice you learn how to trade crypto first before forex.

Forex trading is not more difficult than trading cryptocurrencies if anything trading cryptocurrencies should be harder because of the volatility, if you make a single mistake when you are trading and you did not set a stop loss you could lose a great deal of your capital in just a few hours, the forex market moves slower which is why we see many forex traders using leverage, in this market leverage is not necessary and the majority that use it are just being greedy.

[cizatext]

Forex trading is good and very profitable some time in 2011 I got involved in forex trading and at that time I hard limited resources and inadequate skill which made me to lose my initial capital but as time goes on I learn the necessary skill and am about to go into forex again because the forex market is one of the most lucrative currency market today.

[Bagaji]

Forex trading is profitable for those who knows how to trade because not the Forex traders are making profit from Forex trading. At the initial stage of my Forex trading careas with Alpari after one month of training at their office in my home town I made no profit from almost all my trade for like three Months.

[voztata]

I will agree with you that forex trading is a very profitable business and the market is volatile. To be a successful investor, you have to learn how to manage your risk which is one of the most significant parts for continuity. The challenges many people encounter in forex trading is not the trading itself but in the self-proclaimed forextrading guru’s, and all you really need to be a successful trader is the right form of training, and the necessary resources.

Everyday training brings you to perfection which is what most traders are ignorant of, no matter how good you think you are, you need to keep learning new tactics every day to be successful in it.

[manggis97]

I dont think so forex trading is profitable,  because amount of trader that loss is much more than trader that making profit. Trader that make consistently profit from forex trader usually they did swing trading and make target profit about 10-20% amonth.  If you want to make profit above 30% amonth its more safe to trade in crypto or stocks market, but we have to understanding the trend of each market.

[Whosdaddy]

There are no spot online trading in forex market but just only margin trading that use leverage. The fluctuacion of forex market actually very low but that will be more risky because of use leverage. To minimize risk from forex trading and to avoid margin call we should be use low level of leverage and dont be greedy, the standar target profit in forex trading is not more than 30% amonth, so by this target profit we will take less risk because we can use lower leverage. We can do trading in spot market only in crypto and stocks market so for newbie trader is better firstly jump in to stocks or crypto trading without use any leverage. If our target profit less than 30% amonth but we can make consistent profit so by use compound strategy, we can increase the profit to be multiple times.

Just like in crypto currency trading, one of the fair rules of trading is to trade with money you can afford to lose and not be a greedy trader like you rightly said, I lost some money to forex trading in my first experience despite all my knowledge and technical analysis, in the long run I realized I lost such money out of greed.

I started becoming a successful forex trader  the moment I took greed out of my trading,  this is one of the best way to minimize trading risk aside the technical know-how which is an important part of successful trading.

[bitmedia]

If you are a good trader, every market is profitable! Just don't forget that Forex is high risky place, so it is both profitable and unprofitable if you close unsuccessful deals.

[pieppiep]

I dont think so forex trading is profitable,  because amount of trader that loss is much more than trader that making profit. Trader that make consistently profit from forex trader usually they did swing trading and make target profit about 10-20% amonth.  If you want to make profit above 30% amonth its more safe to trade in crypto or stocks market, but we have to understanding the trend of each market.

You can say like that, at least you have to give proof so that your statement can be strong, because when conditions like 2018 are so many coin prices are collapsed it will be very difficult to be able to benefit from cryptocurrency.

[avarnet]

profitable and not depends on the person who plays, because if his expertise in forex is sure to be profitable and if his expertise in crypto trading will be very difficult to get a profit