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Posted

Forex trading is about predicting the right movement to earn money. At the same time losing money for the wrong prediction. There are many opportunities to win. Traders just have to wait for the right time to trade. Traders also need to know about the market before entering into real trading. I learned the proper way to trade from my broker educational courses.

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Posted

For me, trading turned out to be a really interesting option for work. I chose a broker from ExpertOption and was able to get quite interesting work results.

Posted

I disagree. Trading is not about prediction, it is about speculation. While you need to be able to determine the general direction of the price movement, you don't need to guess perfectly where an asset price is going in order to make money. You just need to follow a good strategy and implement good exit strategies to make sure that your chances for gains are bigger than your chances for loss.

Posted

I believe that trading does not even make sense to compare with other work or earnings options. This is a very different work option, which requires experience and knowledge.

Posted

at one time, I also dealt with this problem, because it is not very easy to choose a broker now, everyone wants to find an option for reliable work, but I went to Amarkets on the advice of a friend, and their account has been open for more than a year, I like the platform itself very much, as well as the working conditions

  • 1 month later...
Posted

Can we trade and make profits in forex by just predicting? Because I personally think it has to do with strategy and the ability to take risks to make profits rather than just predicting.

Posted
1 hour ago, Hanettak said:

To some extent, competent calculation in the forex market can be attributed to prediction.

To some extent, maybe, but at the same time, it's important to make a distinction between prediction and speculation.

  • 1 year later...

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