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[Razor1911]

There is no second thought as to how how much risky the forex business is. There are thousands of traders who trade on a daily basis. But only a fraction of those thousand traders can earn considerable amount of profit from forex. The rest of the traders who are not able to make profit is due to some problem in implementing their strategies in the market.

It is very important that whenever we trade in forex we should never be trading randomly. Rather we should have a proper plan for what we are doing. A well crafted plan will help in long term business. When we trade randomly we are just risking our money with our luck. having a proper plan will minimise the risk as well as increase the chances of profitability.

 

[a_jerobon]

That is very good advice. Forex trading is truly a risky investment but those risks can be minimized through having strategies. So you should be open to learning them and flexible to changes in the strategies that always occur.

 

[sh199]

The matter is, we cant trade always in strategy. Sometimes seeing a dip or a scope of getting profits tempted us to invest. Sometimes we face loss and for me, I always face losses. ?

 

[sh199]

Well buddy, that's right sometimes those tempting profits make us to invest on it without second thoughts, well one of my friend always gonna with those tempting he also face always losing, sad for him and you! May you both have some good time!?

Thanks, man. The market is always volatile and risky. I also wanna suggest to before any investment does research properly and sick with the market in every situation.

 

[Ofonime]

Well buddy, firstly no thanks, welcome always! Definitely we must had proper research and knowledge about it before any kind of investment either online or online! Investment mostly risky factor overall! It's had good and bad both!

That is what I also think we must have proper knowledge and skills before we start trading,we cant just invest where there is no skills nor experience such investment wont bring us anything good so for this reason the first thing that you need do is gather the skills and do proper research about the market you want to deal with

 

[Hashay]

Many newbies to forex trading think that forex is not profitable but it is mainly about strategy, if one does not properly learn about forex and it's strategy it's mainly leads to loss

 

[kaycee001]

Trading randomly might not give the right results unlike having a proper trading strategy. Forex requires more of skills and strategy that when mastered over time can guarantee profit with minimal loss during every trading.so it should be done more with the mind than the heart.

 

[Hashay]

Trading randomly might not give the right results unlike having a proper trading strategy. Forex requires more of skills and strategy that when mastered over time can guarantee profit with minimal loss during every trading.so it should be done more with the mind than the heart.

It would even be considered to still be trading randomly over a while now that forex trainers are like everywhere and they teach you what you need to know.

 

[a_jerobon]

Trading randomly might not give the right results unlike having a proper trading strategy. Forex requires more of skills and strategy that when mastered over time can guarantee profit with minimal loss during every trading.so it should be done more with the mind than the heart.

I totally agree with you. Forex trading requires one to have the skills and knowledge in order to earn profits. It is not a gamble where you just invest without much care. So one should learn the skills needed before investing in it.

 

[Hashay]

It is possible that someone gets lucky a few times and stays in the profit side of forex but for how long and what is to say that you won't loose more than you have gained

 

[Hashay]

100% true. Don't base your trades on luck but luck happens. You may hit it big with a lucky guess and even lose with all the indicators combined.

Especially with some of these new crypto platforms they entice you with helpful tips during your first few trades which makes one think it's right until otherwise.

 

[Brain]

That is very good advice. Forex trading is truly a risky investment but those risks can be minimized through having strategies. So you should be open to learning them and flexible to changes in the strategies that always occur.

Well stated mate, we all know that forex trading comes with some kind of high risk so what the person involving in it need is studying better how it's trading works. With this it can be trade with minimum risk.

 

[BullyMaguire]

The matter is, we cant trade always in strategy. Sometimes seeing a dip or a scope of getting profits tempted us to invest. Sometimes we face loss and for me, I always face losses. ?

I feel ya buddy. Im always at loss in forex so maybe what we really need is a good strategy and set limits to ourselves. It's really not easy

 

[a_jerobon]

Well stated mate, we all know that forex trading comes with some kind of high risk so what the person involving in it need is studying better how it's trading works. With this it can be trade with minimum risk.

Yeah, good knowledge does help alot in minimizing risks. Also, having practiced skills like analysis and mastering the features of a broker is a great thing to reduce losses.

 

[Wisdom01]

Luck could last for a very short time and that's the reason we must have a clear strategy so that we won't risk loosing all our money in a very short period of time , strategy would make use earn profit for long

 

[Brain]

Yeah, good knowledge does help alot in minimizing risks. Also, having practiced skills like analysis and mastering the features of a broker is a great thing to reduce losses.

That is the whole essence to minimize losses. No body will want to go into a business that would be a flop so it is pertinent to employ most strategies that will bring positive effects only

 

[Razor1911]

That is the whole essence to minimize losses. No body will want to go into a business that would be a flop so it is pertinent to employ most strategies that will bring positive effects only

Yes everyone wants to earn good amount of money from business. And for that they will need to do hard work. Employing a good strategy and implementing it in the market is very important.

 

[Razor1911]

Yes everyone wants to earn good amount of money from business. And for that they will need to do hard work. Employing a good strategy and implementing it in the market is very important.

There is nothing called free money, everything comes with a price tag. Only thing is that you need to work hard to reach the amount to buy that. Working hard is the only way to reach success.

 

[Brain]

Yes everyone wants to earn good amount of money from business. And for that they will need to do hard work. Employing a good strategy and implementing it in the market is very important.

Definitely thst is how it should be. Get the right information and strategize perfectly well to get your set goals. It can be only positive with the right plan in place

 

[Razor1911]

Definitely thst is how it should be. Get the right information and strategize perfectly well to get your set goals. It can be only positive with the right plan in place

One of the most important factor that you have mentioned is the goals. We should set a realistic goal and should not try to earn some extra ordinary profit. That should be calculated properly.