Hard to make money in forex?

[Nilde Lucchese]

It's really hard to make money in forex, and hard to see yourself losing a lot of money. Maintaining good posture and controlling your emotions are important for good trading results. I am grateful to Eurotrader's educational resources. I learned trading psychology from it. It also offers a quick id verification process, easy and fast account opening, and much more.

[uncle gober]

Existing psychological conditions must indeed be able to be considered properly, this is done so that traders can be more leverage in getting the security and comfort of trading while on a real account with Tickmill.

[7bledin]

It's not difficult at all in case we know what to do. The vast majority of novices have no idea what to do in order to become successful in forex, so they have to dedicate uncertain amount of time to searching for some opportunities which can help them to gain experience, skills and knowledge. Actually, trading activity in terms of difficulties doesn't differ from any other kinds of activities. All of the activities require knowledge and skills. All of them seem to us difficult until we start doin these activities and start gaining experience. So, I believe that everything is relative. One can state that it's hard, while others claim that it's simple. 

[Resolve]

22 hours ago, 7bledin said:

It's not difficult at all in case we know what to do. The vast majority of novices have no idea what to do in order to become successful in forex, so they have to dedicate uncertain amount of time to searching for some opportunities which can help them to gain experience, skills and knowledge. Actually, trading activity in terms of difficulties doesn't differ from any other kinds of activities. All of the activities require knowledge and skills. All of them seem to us difficult until we start doin these activities and start gaining experience. So, I believe that everything is relative. One can state that it's hard, while others claim that it's simple. 

We will need to make use of a Planned Trading Strategy so that we can start getting more Profits.

[BTCETH Trader]

19 hours ago, Resolve said:

We will need to make use of a Planned Trading Strategy so that we can start getting more Profits.

We must never forget the importance of using a Planned Approach towards trading.

[Hanan Öberg]

As a beginner, traders should learn how to control risk in trading. The risk management policy should be followed in all cases. FXOpulence offers low trading spread in majority of their pairs. They also provide high trading leverage and superior fast execution.

[uncle gober]

A beginner who has just entered the forex trading world should indeed take advantage of the facilities provided by a broker, such as a demo account or educational resources offered by brokers like Tickmill. This is very beneficial for learning how forex works and preparing oneself for more successful trading in a real account.

[Hanan Öberg]

Yes, making money in Forex is challenging due to market volatility and complexity. Success requires strong discipline, a solid trading plan, and continuous learning. Start with a demo account, master risk management, and remain patient. Consistent effort and adaptability can turn challenges into profitable opportunities over time. LQDFX broker allows traders with a 100% deposit bonus, multiple trading accounts, tighter trading spread and advanced technology.

[maspluto]

There are so many things to learn and understand in forex. Therefore, traders must really learn everything and take advantage of all the conveniences of the broker. Because I myself often follow education from the Tickmill broker, that way I can deepen my understanding and knowledge of forex trading.

[Forex Tester]

The main difficulty a lot of traders are facing is related to the myth that Forex is something easy to master, and they dive into trading without a proper knowledge, and are becoming disappointed very quickly. In order to avoid a big losses, it is required to practice and gain some experience. Forex Tester Online is a perfect solution for backtesting and creating a trading strategy. And it is also possible to create an Affiliate account, for both experienced bloggers and beginners, who want to share their link in their community and make 25% commission for each first and recurring sale. 

[maspluto]

That is why it is important before doing forex trading, it is good to pay attention to whether the broker we choose is right and also safe, so that later trading activities can be more optimal, this is also what I have felt since joining the Tickmill broker.

[Hanan Öberg]

Making money in Forex is challenging due to market volatility, leverage risks, and emotional decision-making. Success requires deep market knowledge, discipline, and effective risk management. Many traders struggle due to impatience or lack of strategy. However, with persistence, education, and a clear plan, profitability is achievable over time.

[Zeologic]

How easy and hard it is depends on the trader's skills in carrying out trading strategies from analyzing the market, choosing trading instruments, and accuracy in entering and exiting the market. Even though losses are sometimes inevitable, traders have control to limit losses and for a good success rate, profit targets should also be realistic.

[maspluto]

As a trader, you must pay attention to managing your risk and funds well. Where by being able to manage all of that and also having mature abilities, traders will easily make a profit, this is also what I have applied at Tickmill.

[Nilde Lucchese]

Forex trading can be challenging, especially when managing emotions during losses. Maintaining discipline and a clear mindset is essential for success. Choosing a broker with a straightforward account opening process and reliable support can make a big difference—LQDFX provides these features, helping traders focus on their strategies and growth.

[tradesprint]

On 12/16/2024 at 1:36 AM, Forex Tester said:

The main difficulty a lot of traders are facing is related to the myth that Forex is something easy to master, and they dive into trading without a proper knowledge, and are becoming disappointed very quickly. In order to avoid a big losses, it is required to practice and gain some experience. Forex Tester Online is a perfect solution for backtesting and creating a trading strategy. And it is also possible to create an Affiliate account, for both experienced bloggers and beginners, who want to share their link in their community and make 25% commission for each first and recurring sale. 

It is not easy as it is being told all over however we can learn how to trade and can acquired the skills needed to make money from forex trading but it can takes time.

[Mdraghib]

Yes, it can be hard to make money in forex, especially for beginners. The forex market is fast-paced, highly liquid, and influenced by a wide range of factors like economic news, interest rates, and geopolitical events. Many traders jump in without fully understanding what is forex, how it works, or how to manage risk properly.

Forex trading involves buying and selling currency pairs, and while the potential for profit is real, so is the risk of loss. Success in forex requires a solid trading plan, discipline, emotional control, and continuous learning. Without these, it’s easy to make costly mistakes.

So, while making money in forex is possible, it takes time, practice, and the right mindset to become consistently profitable.

[uncle gober]

Choosing the right broker matters. I've been using Tickmill for over a year, and what keeps me loyal is the ultra-fast execution and low spreads. For scalping strategies, this broker is a game changer.

[Newman4566]

Forex trading is tough, but discipline and mindset make a difference. Eurotrader’s educational resources on trading psychology are invaluable. Their quick ID verification and fast account opening also streamline the process. Staying calm and keeping good posture helps—small steps lead to better results. Thanks for sharing your experience; it’s motivating for beginners!