Is Forex Trade Really The Easy Way To Make Money?

[Breed]

The question on this thread has bothered me over the years, because I have noticed that for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

So it really that easy a path to take?

[Resolve]

22 hours ago, Breed said:

The question on this thread has bothered me over the years, because I have noticed that for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

So it really that easy a path to take?

Forex trading needs to be done with the help of a Trading plan that is easy to understand and use for us.

[Breed]

On 7/2/2022 at 11:18 AM, Resolve said:

Forex trading needs to be done with the help of a Trading plan that is easy to understand and use for us.

I think I agree with you, without a proper plan we cannot really succeed in the market. More to it is consistency and hard work along the way.

[pradegxs]

It is not easy to make money in trading however if you are patient enough you will surely be rewarded. This approach tested by me and my friends with Hotforex 

[uncle gober]

the funds and risks that exist must be able to be considered properly, this is done so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[broforex51]

How it can be uncertain business? I have the best experience with FreshForex, FreshForex allow me to do scalping without limitation, even I can use hedging strategy. Spread as low as 0, it is perfect to do scalping. It is good and there is no hidden terms. I am very very satisfied with FreshForex.

[maspluto]

broker selection must be able to be considered properly, this is needed so that traders can be more leverage in getting maximum trading security and comfort like what I got from Tickmill.

[Hanan Öberg]

Forex is like stock trading but not a stock market. Because a stock market has some limitations but in forex, those limitations are not available. But like stock market, you need to select a trading broker here like I selected Eurotrader broker and enjoyed their 111% deposit bonus.

[Nilde Lucchese]

Forex trading isn't an easy way to make money; it involves significant risk, requires skill, knowledge, and discipline. Success depends on effective strategy, risk management, and market understanding. Many traders face losses, so it's crucial to approach forex trading with realistic expectations. LQDFX broker offers 1:1000, narrow trading spread, flexible margin level, superior fast execution and high security of funding.

[Hanan Öberg]

Forex trading is often perceived as an easy way to make money, but it requires significant knowledge, skill, and discipline. Many newcomers underestimate the risks involved, leading to losses. Success demands a solid trading plan, continuous education, and emotional resilience, making it far from a simple or quick path to wealth.

[maspluto]

Forex trading does have a very high risk, but it is also comparable to its very large profits. That's why I chose to enter the Tickmill broker, because here I can learn more about forex by often following the education provided, so that in a real account I can trade comfortably and safely.