gaban Posted August 4, 2015 Share Posted August 4, 2015 Forex is not for the lazy. to be successful in forex trading then we need to be disciplined, disciplined trader will be successful in forex. therefore, we need to learn and practice many trading well Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 7, 2015 Share Posted August 7, 2015 Forex trade is not for every body but it is also for everybody if we know we are ready to trade. I'm sure there are those who just want to trade without being ready to do this. The one thing that all traders should understand is to learn how best to understand how they can even manage Forex and be able to make money from it. It can suite anybody provided that the person is really ready to work hard and make it. Quote Link to comment Share on other sites More sharing options...
aliforex Posted August 7, 2015 Share Posted August 7, 2015 If we want to trade in forex, we need to learn first. We need have knowledge and also experience. At least, try to use demo account for 3 month to understand about forex trading. Demo account also must be maximized as well as possible Quote Link to comment Share on other sites More sharing options...
pepy Posted August 8, 2015 Share Posted August 8, 2015 Forex is not for everyone because not everyone of every single trader that active in forex are patience traders. Maybe they short of their temperament and cannot control theirselves during trading and act like a fool without planned strategy before. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 23, 2015 Share Posted October 23, 2015 slacker is not very suitable for trading forex, if we want to trade forex then we need to be disciplined and patient because forex is a business that has a high risk, the risk that the discipline is necessary in order to determine the right time to enter and out market Quote Link to comment Share on other sites More sharing options...
myregister Posted October 23, 2015 Share Posted October 23, 2015 Let me tell you this simple logic, if forex is for everyone it means this business is very good, which means that forex has low risk high return so you don't have to worry so much with lose because it is a low risk business. It is like utopia. But it is not, fx is high risk high return business, and not all traders can handle high risk business some of them giving up so easily and just with this we can say that forex isn't for everyone, it is just for some who know the risk and want to handle also accept it. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 14, 2015 Share Posted November 14, 2015 Yes, it is not for everyone because not all people can cope with the risk that forex has, they simply cannot control their emotion tightly or even trade with such a huge amount just for the sake of earning. For me it is more like gambling rather than trading. Forex is for the one who can manage its capital strictly. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 16, 2015 Share Posted November 16, 2015 Yes, it is not for everyone because not all people can cope with the risk that forex has, they simply cannot control their emotion tightly or even trade with such a huge amount just for the sake of earning. For me it is more like gambling rather than trading. Forex is for the one who can manage its capital strictly. You talk the truth there, i also think that forex isn't for everyone, but the reality is different in my country many people want to be rich and think forex is the only way or one of the way for them, this is quite frustating because many of them come out later saying forex is basically a scam product which is not. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted November 18, 2015 Share Posted November 18, 2015 Everyone is different and thus is the way that we approach Forex trading indeed. I still believe though that we all have the capability in us to make a success of trading only if we are committed enough to the cause and show this in how we learn and actually implement the knowledge into our trades. Knowing what to do is one thing but the big difference is putting that knowledge into action. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 23, 2015 Share Posted November 23, 2015 Forex is not for everyone but forex is open for everyone, every single person in this world as long as they are above consent age can join forex with few requirements for sure like you must have internet connection, you must have enough capital and so on. Quote Link to comment Share on other sites More sharing options...
pepy Posted December 4, 2015 Share Posted December 4, 2015 @uncle gober: But that is not for everyone because there are some people who able to do that by committed enough while the others cannot even reach the same state or even suffer minor failures even though they committed enough to obtain bigger profit. Well, i think overall that is true forex is open for everyone but not for anyone just like myregister said above. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 15, 2015 Share Posted December 15, 2015 First what you need is patience and also a proven to be true strategy and never spend more than 5% of your total capital for the sake of profit. Second, bigger capitals will allow you for sure to earn more money, with this investment you may bring better investment for you and make your trading a bit easier. This is what many traders don't know which is why fx isn't for everyone. Quote Link to comment Share on other sites More sharing options...
Norm O'Neill Posted February 4, 2016 Share Posted February 4, 2016 That is very true that Forex is open field for all, but the survivals are far and few, this is because of over-expectations that we get into and when we are not able to achieve it quickly, we obviously feel the pinch and then in trying to up the ante which eventually leads into losing. I always like to balance out my expectation with reality, as I know it very well that it won’t matter how much we expect, if we don’t have the skills then we won’t be able to reach even 1% to that, it is where we need to be wise. I am not exactly the wisest around, but with OctaFX brokers support especially through swap free account like features, it helps a lot. Quote Link to comment Share on other sites More sharing options...
aliforex Posted February 18, 2016 Share Posted February 18, 2016 I feel that every person can include in Forex trading. However, only those people will be successful who have attained a good knowledge of the market and have a proper trading strategy. Forex is risky, but we can minimize the risk by using a minimum deposit to start trading. as in Insta that provides a minimum deposit of $1 Quote Link to comment Share on other sites More sharing options...
davidblack Posted February 22, 2016 Share Posted February 22, 2016 Forex trading is for eveyone if he has good skills and also knowldge . If anyone has lack of knowldge and skills then you can loose your money very quickly and leave the Forex trading field. Quote Link to comment Share on other sites More sharing options...
gaban Posted February 25, 2016 Share Posted February 25, 2016 Forex is not suitable for someone who emotion. If they're emotional then it would be better if it did not make trades because emotions will only bring harm to our trade. many fail in this business for trading with emotion Quote Link to comment Share on other sites More sharing options...
myregister Posted March 20, 2016 Share Posted March 20, 2016 Yes, someone who think forex is just another easy job, someone who think that forex is super hard, someone who doesn't have a good mental capabilities and some others who cannot risk what they can afford to lose is not for forex. Remember that forex is a high risk business you may lose more than you ever predicted, even you have good Risk Managament chance of lose still always open and "eat your account". Quote Link to comment Share on other sites More sharing options...
pepy Posted March 26, 2016 Share Posted March 26, 2016 I don't think that forex for everyone, forex itself already risky and as we know there are more than one kind type of man. Some of them cannot even take the risk this is why forex is not for everyone, the answer is actually simple. Forex requires a trader to endure many kind of hardship in sense of psychology and also the temptation. Quote Link to comment Share on other sites More sharing options...
eden100 Posted March 26, 2016 Share Posted March 26, 2016 forex is for everyone and there is no restriction to trade forex. Everyone can participate in forex but he/she must know how to trade.So it is necessary to learn forex if he wants to become a successful trader. Quote Link to comment Share on other sites More sharing options...
omar-profits Posted March 26, 2016 Share Posted March 26, 2016 yes you are right, forex is not for everyone, however any one can learn forex and can be a good technical analysis. the main point here is that any one can be a good technical analysis but not any one can be a good trader... live trading is difference to analysis. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.