Thread: Is Forex reliable?

Originally Posted by ;

Just how much dependable Forex I think it depends upon you. If you can observe all inescapable part of trading, then it can be a reliable source to earn money. It might be dangerous for you.

Exactly like getting married, have kids, work in a factory, buy a gun, eat strange food

Currency Market is not any different than the remainder of this universe.

Originally Posted by ;

quote they all lie. FX is a sure thing. If you have any savings you may safely put 75% in trading.

Are you sure? Because, in Forex more than 90% Forex traders are fighting here for making regular income! Forex is no easy method of money making, there isn't any certainty, and traders need huge understanding on trading!

Originally Posted by ;

I have heard many rumors concerning Forex which Forex isn't reliable and Forex is a risky business and you're able to loss all of your cash. So I'm rather confused about Forex so plz help me and tell me Is Forex reliable or not?

Nothing in life is predicable. Nature is made up of uncertainties. Societies that we live in create this illusion of certainty. I am sure many of us don't know if we will live to see tomorrow or the day after tomorrow. We could be hit by a car and die immediately. That is the way life functions.

In the event that you analyzed quantum mechanics ( whole lot of pleasure subject) we're always dealing with odds even at the smallest nuclear level. Its either up or down equally using a probability of 50% each. Now with Currency Market should you set the time and the effort you really can predict the move together with 60-80 percent accuracy. In that way FX is really a lot simpler and you stand a far greater chance than calling a particle's position at any given time.

Originally Posted by ;

I have heard many rumors about Forex that Forex isn't dependable and Forex is a risky business and you can loss all your money. So I am very confused about Forex so plz help me and tell me Is Forex dependable or not?

Yes, it's an unpredictable company but that doesn't imply Forex is unreliable! It's the number one online profession! It is a knowledge! No one can make money here without sufficient knowledge, so trading expert is need here.

Originally Posted by ;

quote Yes, it is an unpredictable company but that doesn't mean Forex is unreliable! Till now it's the number one online profession! It's a knowledge based livelihood! Nobody can make money here without enough understanding, so trading expert is must here.

Exactly enjoy every business . . Need ability and experience . . Both comes with doing this.

About reliable as such . . Well I rather loose a few transactions than the just one paycheck comes out of a 9-5

Originally Posted by ;

quote Yes, it's an unpredictable business but that doesn't imply Forex is unreliable! It's the number one online profession! It is a knowledge based livelihood! No one can earn money here without knowledge, so trading skilled is must here.

Besides trading ability we the traders need to guarantee a comprehensive trading service fr4om a credible trading broker, because the broker can impacts the consequence of our trading with.

Originally Posted by ;

quote Apart from trading skill we the traders have to guarantee a complete trading service fr4om a commendable trading broker, since the broker can affects the consequence of our trading with.

That's nonesense!
And a normal excuse for failure.

If you operate a shipping biz, forcing 1999 Fiat Panda
you will still be able to get the job done.

Later with some fantastic cashflow you can then purchase a much better vehicle,

same in trading, the broker is simply a service provider, it may be good or bad, butnit wont pick between get broke or get rich.

Of course you can lose all.
It's main rule which you need to remember.
And you'll be able to earn(in long term) just 20-80% per month.

Originally Posted by ;

And you can make(in extended term) only 20-80% per month.

”Just” ???

Hahaha, you know whether you begin with 10$ making 80 percent a month you would own all the money that exists on this planet in under a decade !

All we understand Forex is dependable but ultimately we become loser from this market place . But why ? Because we do the frequent and exact same mistake again and again . Greed, emotions, no risk management is the leading reasons for losing. We have to come from these worst customs if we would like to become maximal outcome from Forex.