What is forex trading?

Nilde Lucchese · December 23, 2020

Forex is a market where people can exchange currency and it also shows the exchange rate of almost all currencies in the world. Traders invest money and BUY or SELL currency to make a profit is called forex trading. However, traders need a broker to trade in the forex market. So, I recommend Eurotrader which helps me a lot in my 2 years trading career.

maspluto · December 25, 2020

Traders need good analytical skills, this is needed and necessary so that traders can be maximized in carrying out trading activities that match expectations with Tickmill.

Jo Eshuijs · December 25, 2020

Any successful trader will tell that traders must build a good trading plan and follow it. No one can trade for long time without a trading plan. Traders should develop a FX strategy and test it thoroughly. Make an adjustment if needed. Then repeat it until it generates heathy profit. My broker Forex4you provide demo account where I can easily test my trading strategy.

chachaflint · December 29, 2020

If you don't know anything about forex trading but would like to start then I can recommend you a link (here it is for you https://olymptrade.broker/olymp-trade-login/) where you can find all the necessary information about it. Hope you would like it just as I do. Good luck.

uncle gober · January 14, 2021

the selection of an existing broker must be able to run properly, this is needed and necessary so that traders can become better and can maximize the security and comfort of trading while on a real Tickmill account.

Matheus Schotsman · January 16, 2021

Knowledge, passion, hard work and skills are necessary if you want to sustain in the market for long term. Most people do not have necessary knowledge and skills. They also do not have quest for learning, passion and patience. Most people come to forex to get rich quick without having necessary knowledge and skills. Even they are not willing to learn. For long term sustaining you also need a good broker. I trade forex at Eurotrader broker. I am here in this broker since it is a regulated broker and has tight spreads. I likewise can withdraw my cash quickly.

Ross Edwards · January 16, 2021

There are many reasons why people lose money ad fail to reach their goal. Actually, Forex trading is much fluent trading market but the broker is fact here. Without a good Forex broker leading a highly profitable trading is impossible. TP Global FX is a solid and best STP executing broker that offers- high trading leverage 1:500, narrow and tight trading spread from 0.01 pips, fast and error free trade execution, smart bridge of technology etc.

pradegxs · January 17, 2021

Low spread is extremely import in scalping I would say high spreads make scalping useless strategy. I work on raw spreads account offered by Hotforex and get 0.0 - 0.1 pip spreads on EURUSD during London session.

uncle gober · January 20, 2021

the ability to analyze must be able to pay attention to it properly, this is necessary so that traders can be maximized in defending when they are on a real account with Tickmill.

seekforex · January 20, 2021

To be a good forex trader, you must first know good forex. Then you need to know how to analyze the forex market. You have to trade a lot more demos. The more demo trades you can do, the more you will gain knowledge about the market. That way you can understand which trades you should take and which you should not. And success will come from this.

http://www.peaklevel.es

David Max · January 24, 2021

Knowledge is the main strength in forex market. There is no use of capital if you don't have any knowledge. A trader need to get all kind of knowledge about forex before entering into the market. So, it is very important to gather knowledge. A demo account can be the best option to get knowledge about forex. I also used a demo account of Tpglobalfx when i started my trading career. That account helped me to get all kind of knowledge about forex and helped me to make what i am today.

uncle gober · January 26, 2021

choosing a broker must be able to be considered carefully, this is necessary so that traders can get the security and comfort of trading while on a real account with Tickmill.

Resolve · March 29, 2021

On 1/26/2021 at 10:29 AM, uncle gober said:

choosing a broker must be able to be considered carefully, this is necessary so that traders can get the security and comfort of trading while on a real account with Tickmill.

I started foreign exchange trading with the ECN best foreign exchange broker FXOpen.

pradegxs · March 30, 2021

Forex trading is speculation and investment using currency pairs as well as assets from other asset classes such as commodities, stocks, bonds, and even crypto. I use Hotforex because it offers wide array of trading instruments so everything is gathered in one place which is very convenient.

Sam Patrick · April 8, 2021

There are many types of traders in Forex. Some traders have not been able to make a profit by trading for a long time. Because those traders are more focused on making a profit in trading instead of learning. This is why they cannot make a profit despite trading for many years.

And those who focus more on learning only make a lot of profit despite trading for a short time. For this, first, a trader has to develop Skill and then focus on profit. I am currently trading with Forex4you. They always help me to make money from this market.

Hanan Öberg · April 9, 2021

Many traders can participate together in the Forex market. Many traders are making a living by trading Forex. I have been trading for a long time and now I am making a profit. The Forex market depends on supply and demand. So you have to start trading in the market through analysis.

uncle gober · April 9, 2021

Existing analytical skills must be able to be considered well, this is necessary so that traders can be better and can be more leverage in surviving while on a real Tickmill account.

Resolve · April 11, 2021

On 4/9/2021 at 11:37 AM, uncle gober said:

Existing analytical skills must be able to be considered well, this is necessary so that traders can be better and can be more leverage in surviving while on a real Tickmill account.

We need to make sure that we are doing our trades with good analytical skills.

Nilde Lucchese · September 21, 2023

Due to the lack of market efficiency, traders suffer the most. Otherwise, Forex can be a great profession for you provided that you can utilize trading in the right way. Forex is such a place where a wrong decision can make you suffer much. FXOpulence offers a free educational program, a demo account and high trading leverage.

pradegxs · September 21, 2023

Any successful trader will tell that traders must build a good trading plan and follow it. No one can trade for long time without a trading plan. Traders should develop a FX strategy and test it thoroughly. Make an adjustment if needed. Then repeat it until it generates healthy profit. My broker Hotforex provide demo account where I can easily test my trading strategy.