Is forex easy way to make money. - page 5
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Forex has become a huge money making potential for anybody brave enough to take the plunge into this gigantic money market. Until now, this avenue has only been subjected to bankers and large companies, but with the web came the obvious. The internet has given the opportunity to the masses. Now, anyone willing to learn what the best forex platform is can make money.
as for me its not easy way, because you should learn all the time! its not for everybody!
It is only an easy way to make money when you know what you are doing in forex market. If you are still struggling to get a good grip on your trading, then its very difficult to make money.
This is just an assumption nothing else. There are lots of people who think that they would earn lots of money from Forex because it is just an opening a trade and closing a trade, but they are hugely wrong. It is not opening a trade or closing a trade. Forex is different. You need to learn more than the basic of Forex trading. fact is, it actually take couple of years to understand the whole concept of Forex market.
This is just an assumption nothing else. There are lots of people who think that they would earn lots of money from Forex because it is just an opening a trade and closing a trade, but they are hugely wrong. It is not opening a trade or closing a trade. Forex is different. You need to learn more than the basic of Forex trading. fact is, it actually take couple of years to understand the whole concept of Forex market.
Forex is totally depend on the learning the basics of Forex trading although it takes a time but once you get the proper trading skills then consistent profit can be earned.
It is only an easy way to make money when you know what you are doing in forex market. If you are still struggling to get a good grip on your trading, then its very difficult to make money.
you are absolutely right.Forex is not a quick-rich scheme to make money.You must have the determination and patience to learn/acquire some forex skills and knowledge.
"Once you know, and you know that you know,
confidence replaces fear."
Hello guys!Your posts is very informative I appreciate it.
Hello guys!Your posts is very informative I appreciate it.
Welcome to the forum Diana!Hope you'll enjoy and have a fruitfull stay here learning and sharing your ideas to us.
Forex is indeed an easy way to earn money. But only if you have the proper knowledge, training and skills and right timing on when to do the trading. Always remember that Forex trading is a process. You have to fully work hard to become knowledgeable in this matter. Otherwise, you will lose all your money. On the other hand, if you become a subject matter expert, money is just very easy.
There is no easy way to make money (unless someone is a politician or a thief). Forex is the same : it is not easy to make money in forex. It is risky and highly probable that traders will lose more than they will earn