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❓ASK Is forex really easy?

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Razor1911

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Many people who joins the market for the first time, normally thinks that the forex business is very easy and anyone can earn from here. But is it really that easy?

In my personal opinion, It is never easy to earn for the first time, let it be any business. When you do first time trading, you are just in learning stage and you will learn things step by step. When you will become master, at that time it may look very easy for you to earn. So forex is easy only for the professional traders, beginners will always find it difficult due to their inexperience.
 
Yeah mate, crytpos are too much volatile, especially less popular cryptos. You investment can double or even half in a shot time.
Yes actually that's very true.
There is actually Alice of information i left out.
The major reason i lost my investment was because i saw it as gambling and didn't really have the required knowledge, this is why it's important for people to have the needed knowledge before going into the sphere of trading.
 
I dont think Forex is as easy as it looks, It requires skill, strategy and precision, If Forex was that easy many people would probably be doing Forex. Best strategies thrive in forex trading and that really proves my point. However it is of no doubt that Forex trading brings wealth faster.
 
What I can say is that ; nothing is easy even life itself.
So as fog me I will say that forex trading is not easy because I have had series of cases from a reliable source that loose greatly. Forex can only be good for the professionals because they had learn both from failure and success at the same time.
 
Forex trading is not an easy ventures to dabble into.To start Forex one must have has years of immerse experience to make profit more than losses.In my opinion,stocks trading and investment is far more better and simpler than Forex trading.
 
Starting out as a beginner i had big hopes of becoming a millionaire in the forex game, I guess the joke was on me, the main reason for that is because of some youtubers making it so easy when i reality it is one of the hardest thing on planet to be successful at
 
Starting out as a beginner i had big hopes of becoming a millionaire in the forex game, I guess the joke was on me, the main reason for that is because of some youtubers making it so easy when i reality it is one of the hardest thing on planet to be successful at
Don't follow the words of those YouTubers that claim they make million , most of them are finding opportunity to get traffic to their channel
 
I wouldn't say that forex is difficult either. Basically, I don't regard forex as high risk investment because you could choose the level of risk that you want to take.
 
I wouldn't say that forex is difficult either. Basically, I don't regard forex as high risk investment because you could choose the level of risk that you want to take.
you made a good points here and that is chosing the risk level,and this can be done through the use of stoploss and take profit,forex is not easy but when you learn it properly you can record some kind of success and make profit so having a good skills is the core solution
 
Forex is neither easy nor difficult but technical and those who are familiar with the terrain knows how to make their money from it but if you are new you need to be patient and open for learning the technicalities in it
 
Loses are inevitable in trading be it cryptocurrencies or forex but with your technical knowledge you can manage the loses and maximize profit. Learning is a must to succeed in forex trading.
 
Forex is not easy.I believe most consistent traders had to learn it the hard way like I did.You first think its easy when you see people posting blues on their statuses all day non stop with tags like"no stress,off to withdrawal","in blues" and you think that its a rosy way of making money.
I had to blow 15 consecutive times without even making profit in order to become a consistent trader.
I learnt that there are 2 things that separate good traders from bad ones
1.trading psychology
2.risk management
These two factors are actually very important because when your trading psychology is stable you won't be making silly decision though it is rare for newbies to have a stable trading psychology at initial.
 
You have just reminded me of another important thing to that I did as a beginner in forex.I focused more on the money than on consistency and you know when you focus more on the money you will be taking impulsive trades even when you have not thoroughly analysed the market.That exactly what I did and Im glad I made all thes mistakes because I learnt like the 1000 ways to die in forex now I know the 1000 ways to be profitatable lol
No doubt when you are determined and sensitive to activities in the forex market you will sure make gains from your mistakes because you will always avaoif reoccurrence.
 
Depending on how you look at forex, it can be both easy or hard depending on your perspective, some even say that the risks are worth if you know how to play the game right
 
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