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❓ASK Your Opinions on Forex Trading

dzmoh6

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hi guys i want to have your opinions about trading on forex cause i'm interesting in it and i want to know if it's worth it
 
Do you have spare money to waste? Then go for it. If you don't have spare money to burn then don't go for it. That's the most simple way I can tell you about this. Because forex trading is really hard. And you can't rely on it. So you should definitely avoid getting into this type of volatile market. on that point Id say instead get into cryptocurrency. at the very least you'd surely earn some money in the process of acquiring cryptocurrency.
 
it will only be worth it if you have huge amount of funds to cover up those fees being charged from you by your broker from every trade you make, plus you need to learn the basics from reading charts applying indicators/oscillators, macd, rsi, Fibonacci, ichimoku cloud and so on and of course you must also know your risk reward ratio before entering a trade setting up your target price and cut loss etc.

my brother used to trade in forex and tried to teach me how but its not just my cup of tea since it is way to volatile I tried to lend him some cash but only lose it at the end. lol

but some are successful in trading, but still its a probability game. If you wish to learn more go check out babypips.com and don't forget investopedia you will get some points there, include some Youtube video tutorials I forgot the person who trade using Fibonacci which tried to simplify the use of fibo in trading.

others prefer the ichimoku cloud but it depends on you on how you will apply it on your trade. good luck
 
In Forex and Binary Options you rely on financial news and technical indicators. For instance, recent negative news between Korea and USA has shaken the currencies around the world. This is just one example. Now, imagine a good news about interest rates in the US, will suddenly make people buy dollars and against any other major currency. Although the change is in pips but its a huge change for a Forex Trader. One can't say that you can never make money on Forex, You can make money but it takes a lot of expertise and experience and tools and Premium signal providers that actually charge huge amounts of money. How I know all this? I have been doing this... and You are welcome. :)
 
hi guys i want to have your opinions about trading on forex cause i'm interesting in it and i want to know if it's worth it
I have never tried out forex trading.But I have read about it.It is a risky thing,and the experienced ones have success with it.But if you want to give it a try,you can try it out but my opinion is:not invest too much.Who knows:maybe you will have luck with this type of trading.
 
Forex trading is another form of gambling,I must write because from my research online,it another game of luck and it could be disastrous for a novice.I think if one want to succeed for a start then the service of a broker should be engaged for some period of time,till one is able to garner experience and the skills.

Diving into forex trading without the basics is setting one self up for a great loss,so find your way around and research alot or only throw in your money when you're sure of your success.But if you ask me I would write invest in less volatile areas
 
Do you have spare money to waste? Then go for it. If you don't have spare money to burn then don't go for it. That's the most simple way I can tell you about this. Because forex trading is really hard. And you can't rely on it. So you should definitely avoid getting into this type of volatile market. on that point Id say instead get into cryptocurrency. at the very least you'd surely earn some money in the process of acquiring cryptocurrency.
Yes,I think it is far a better idea to invest in cryptocurrencies.At least you know that you will get something back eventually of what you invested.
 
hi guys i want to have your opinions about trading on forex cause i'm interesting in it and i want to know if it's worth it
If you interested forex trading so firstly know ,how knowing about this.Long time recharge here. Firstly demo study many time then real trading & many read law trading.Thanks.
 
Huge and spare capital are majorly required then you will also need to be updated frequently and there is need to acquire basic skills on the techniques of making reasonable speculation.
 
Its highly risky ,to tell the truth only 20% forex trader are succesfull and rest loose all their earning ,it will be bettee if you have trading skills at top level or use youtube videos to learn how to profit from it ,use demo account on it and also try binary option trading it will be best,Have a good day,thanx!!
 
Do not listen to the ads make much money but jump in. I think you should find a teacher who is knowledgeable enough to learn and play slowly. There is no rush!
 
Trading is not a easy job. I have tried stock market trading but I have lost money. People say money management, stoploss, trend but when it comes to real trading most people fail.
 
Study it first buddy. I tried this and if youre a newbies like me, its hard. but if you really want try iqoption they have demo account. they also have video tutorials. And once youre ready or learned enough then put your money.
 
I think there is no harm in using forex trading, almost all countries have allowed them. However this depends on market and we need to try only honest forex brokers to ensure our invetment is on right direction.
 
is forex trading is same as to TIQL or spark profit? how much the minimum deposit for that? I'm playing the spark profit and TIQL right now, but I don't know if worth to invest $5 in TIQL so I'm waiting for my earnings in sparkprofit.
 
In Forex and Binary Options you rely on financial news and technical indicators. For instance, recent negative news between Korea and USA has shaken the currencies around the world. This is just one example. Now, imagine a good news about interest rates in the US, will suddenly make people buy dollars and against any other major currency. Although the change is in pips but its a huge change for a Forex Trader. One can't say that you can never make money on Forex, You can make money but it takes a lot of expertise and experience and tools and Premium signal providers that actually charge huge amounts of money. How I know all this? I have been doing this... and You are welcome. :)

I agree.. You can make money on forex trading but you have to learn everything about trading. And it is not easy, you have to be ready and patient because you can't be rich over night even if you trade huge amount
 
Huge and spare capital are majorly required then you will also need to be updated frequently and there is need to acquire basic skills on the techniques of making reasonable speculation.
It is very interesting the FX market.I have read ,that there are daily transactions of 5 trillion dollars per day in value.The people,who are active on FX market use billions of dollars every day.So,it is a good advice,who wants to start trading and investing a bigger capital ,does it with the assistance of a pro trader.
 
Forex trading is very risky and you can loose all your $ within very less time or you can gain a profit ;its highly dependent on your luck and trading Skills etc i have tried binary trading and left as it did not intrests me ,thanx.
 
Forex trading is very risky and you can loose all your $ within very less time or you can gain a profit ;its highly dependent on your luck and trading Skills etc i have tried binary trading and left as it did not intrests me ,thanx.
Forex trading is a controversial high risk game.Some people are of the opinion,that there can be made a huge amount of money,and some of them think,that this are only bedtime stories,the main purpose is to get many referrals and much more income from it.Some of the people say,that the whole idea of the trading is,that the trader has to pay some fees after each transaction to the trading platform.Everybody has different opinion about Forex trading.
 

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