Forex trading is difficult

Nilde Lucchese · May 4, 2021

Forex trading is difficult. The market always looks ups and downs. It seems to go against traders’ positions without the skills to analyze the market properly. Traders need knowledge and understand of how the market works. That's why a trader can become truly successful in this market. Nowadays many brokers like Eurotrader offer educational resources to their traders for free.

Mrsooduraske · May 5, 2021

Forex is amazingly smart work. If you've got correct strategies, tools and indicators then you might want to surely become a very good trader. Operating smartly invariably ensure which you build maximum cash because we are part of a little duration.
and Is forex hard work or smart work. I think forex is both. Because forex is a real money earning site in the world and many man work in forex and earn a lot of money from it. I think money earning is hard work and smart work. So i tell that forex is hard work and smart work.

maspluto · May 6, 2021

Trading plans must indeed be owned by traders, this is done so that traders can be maximized in getting the security and comfort of trading while on a real account with Tickmill.

David Meyers · May 8, 2021

Traders need to learn to trade properly. Without the proper knowledge, none can be successful or make a good income from the forex market. New traders often neglect the importance of learning. But many brokers like Eurotrader offer free educational resources so that trades can learn trading first and join the real trading market.

Sam Patrick · May 8, 2021

I select Forex4you the trustworthy broker I ever seen. To make good profit in early period they give me higher leverage that is 1:1000. In this market few brokers give their client high leverage. Besides of this I also have risk management policies from this reliable broker that help me to control or reduce my trading loss. That’s how I can balance on my trading.

In Forex trading by using the leverage a trader can make money without investing money as it is kind a loan from the broker. To making money it is very useful trading tool. But a trader should use it as per his trading risk taking capability. I always prefer the higher leverage that always brings profit in a short time easily.

Matheus Schotsman · May 9, 2021

Forex is a difficult Money making business. You have to acquire specific knowledge and skills. Without skills you will lose money continuously. And for skills you have to spend time. If you think forex is easy, don't come to here. You will lose your hard earned money. If you can give time and efforts to learn, you can give a try. Remember fir trading you need a very good broker. For this I use Eurotrader, a fully licensed and regulated broker with customer oriented facilities.

David Meyers · May 11, 2021

Most Forex traders tend to make a lot of money without learning. Because they think Forex is a money machine. Therefore, even though they have no knowledge of trading, they start trading with greed and emotion. As a result, most new Forex traders will quit trading. So, always start trading with a demo account first. Many brokers like Eurotrader offer it.

Hanan Öberg · May 11, 2021

Of course, Forex trading is very difficult but Proper Money Management and Risk Management help to make trading easier. I think it is never possible to survive in trading without a plan and discipline. So every trader needs to maintain a risk ratio. Never do emotional trading again.

maspluto · May 11, 2021

existing emotions must be able to run properly, this is necessary so that traders can be maximized in generating profits in accordance with expectations along with Tickmill.

Ross Edwards · May 11, 2021

As a newbie, you can learn the technique by creating a demo account. It will help you to find out the problem what you are facing while trading. It also helps to reduce your losses and create an opportunity to increase your profit. I also started my trading career through a demo account of TP Global FX. Really it helped me to understand my fault in trading.

Mrsooduraske · May 12, 2021

Difinitley, people are making good money in forex but it is not easy option for everyone. If you want to be successful then you need to have good motivation and try to learn the basics of forex before start.

mlawson71 · May 12, 2021

Some people are making good money. Many people are losing, either due to their ignorance or because they got scammed.

Jo Eshuijs · May 15, 2021

Support and Resistance Professional traders follow which is why the value of Support Resistance is high. Support and resistance is an area from which price can take an opposing position due to barriers. Support or Resistance Price can volatile. Therefore, the value of support and resistance in the Forex market is a lot. I didn't have a good idea of support/resistance when I was a new trader. My trading results changed as soon as I found out Forex4you as my broker. They are very reliable and helpful.

Resolve · May 16, 2021

18 hours ago, Jo Eshuijs said:

Support and Resistance Professional traders follow which is why the value of Support Resistance is high. Support and resistance is an area from which price can take an opposing position due to barriers. Support or Resistance Price can volatile. Therefore, the value of support and resistance in the Forex market is a lot. I didn't have a good idea of support/resistance when I was a new trader. My trading results changed as soon as I found out Forex4you as my broker. They are very reliable and helpful.

We will need to first of all understand the Basics of the Support and the Resistance levels.