sakai Posted September 23, 2013 Share Posted September 23, 2013 Forex is actually very difficult to learn especially for beginners who want to jump in the forex world, if we are not half-heartedly studying forex managed to become a real trading. There are many places where we can find resources that aid us in the learning process in we are interested in earning in forex. We just need to choose the best resources. Quote Link to comment Share on other sites More sharing options...
StevenBendre Posted September 23, 2013 Share Posted September 23, 2013 Patience and discipline are important to make a success of forex so your plan needs to be in the long term and involve proper learning and practice if you want to become a good trader. We must have a high persistence and effort in practice because this is very important especially for beginners because the more trade we diligently practice the faster we understand how to analyze market movements. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted September 25, 2013 Share Posted September 25, 2013 The preparation and knowledge takes a very long time, if we do not have the passion and determination in us will never be able to master the trade and it will be a wasted effort. If we want to do long-term investment, we must have the preparation and plan well in advance and all that takes time and a process to make forex as investment business. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 25, 2013 Share Posted September 25, 2013 yes, to be successful in forex does not require process briefly. Here we need a lot of skill. we can use a demo account, to increase our skills in trading. Here we can try finding a suitable leverage for our trading. We can also enter a contest held by the broker. That way, the skill in trading is increasing. Quote Link to comment Share on other sites More sharing options...
ivan Posted September 25, 2013 Share Posted September 25, 2013 If we do not have the passion and determination in us will never be able to master the trade and it will be a wasted effort. The trader needs to be determined indeed because forex trading is not just about profits but there are losses to be encountered too in the process and you need to be prepared to face them. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted September 25, 2013 Share Posted September 25, 2013 It’s important that one is quite prepared for trading because to be successful you will have to be determined. Forex can be best for the long term investment and just we can try opening the long term trades and that will really help the traders to earn a long term profits. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 26, 2013 Share Posted September 26, 2013 yes, you are right, forex can be used as an investment in the long term. Since I to be successful in forex we need patience. Since I do not every day we can make a profit. Sometimes we also get a loss. That is why forex is very good for long term investment. Quote Link to comment Share on other sites More sharing options...
Samar Posted September 30, 2013 Share Posted September 30, 2013 Considering that we are fast learner and good with analysis we can work on it without much the help of other traders. long term trading is one of the good kinds of trading that people can do, about the investment i agree with you that we can think forex as long term investment for us. Quote Link to comment Share on other sites More sharing options...
sakai Posted September 30, 2013 Share Posted September 30, 2013 We can invest one time and just keep on trading with that amount as long as you know how to trade well you would not hit MC. It would be better to have forex as an option and then look at other alternative sources of earning as well so that you can diversify your investments. Quote Link to comment Share on other sites More sharing options...
StevenBendre Posted September 30, 2013 Share Posted September 30, 2013 For sure we can invest our funds in trading forex especially when you are such a good trader. Just open some trades for long term if you want good and long profits, it may cause you loss too but trade small amount with big capital, then you will have more chances of earning. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted October 1, 2013 Share Posted October 1, 2013 Yeah, forex can be good for long term investment. So i think that you should have acquired skills in forex trading already so that you can succeed in long term trading in forex. as it is very much dependable way to earn money if you have the right strategies. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted October 1, 2013 Share Posted October 1, 2013 I think so. Having knowledge about forex is a good investment for me. Though it is much even better if I can step up to the next level as forex to be one of my source of income, I am looking forward to it, that's why I am preparing myself in forex trading. Quote Link to comment Share on other sites More sharing options...
ivan Posted October 1, 2013 Share Posted October 1, 2013 For sure, forex can be a good investment as long as you ready for it, because forex is high risk investment, if you believe that pairs will give your profit, you can keep it and sold it when the price is up, actually it is depend on your but forex for long term investment, i think is totally possible. Quote Link to comment Share on other sites More sharing options...
Samar Posted October 2, 2013 Share Posted October 2, 2013 I see that most of the investors here are usually investing huge amount we know the risk but it's obvious that they have high potential to double or make it as a living. And I know that we have many chances to try to earn in forex. We really should learn also if we wanted to be successful particularly. Quote Link to comment Share on other sites More sharing options...
sakai Posted October 2, 2013 Share Posted October 2, 2013 It's important that you correctly note that forex trading requires the individual to be more informed and learned enough before they can think of investing into it. If you are considering investing into forex trading then you need to be prepared to take on the risk and give yourself a chance of minimizing losses in the process. Quote Link to comment Share on other sites More sharing options...
StevenBendre Posted October 2, 2013 Share Posted October 2, 2013 Actually there are many places where we can find resources that aid us in the learning process in we are interested in earning in forex. We just need to choose the best resources or one that we can understand better be it online or offline and then use it effectively to arm ourselves. Quote Link to comment Share on other sites More sharing options...
euro Posted October 4, 2013 Share Posted October 4, 2013 It's important that you correctly note that forex trading requires the individual to be more informed and learned enough before they can think of investing into it. If you are considering investing into forex trading then you need to be prepared to take on the risk and give yourself a chance of minimizing losses in the process. Like she says, we need to learn as much as possible in order to be a really good forex trader. We will lose less and we will earn more. Forex can be profitable and a good business if you have high knowledge and can control your trades and yourself and your money. All is possible in forex with a good mind. However, being mindless will cause you to lose like a gambler. Quote Link to comment Share on other sites More sharing options...
ivan Posted October 8, 2013 Share Posted October 8, 2013 We must have a high persistence and effort in practice because this is very important especially for beginners because the more trade we diligently practice the faster we understand how to analyze market movements properly and also with the existing experience will create a strategy that we use to trade will become more perfect. Quote Link to comment Share on other sites More sharing options...
HarryPotter Posted October 8, 2013 Share Posted October 8, 2013 The current forex trading business is one of the highly favored and benefits quickly and easily, but forex is actually very difficult to learn especially for beginners who want to jump in the forex world, if we are not half-heartedly studying forex managed to become a real trading, to be a true trader takes a very long time. Quote Link to comment Share on other sites More sharing options...
StillAlive Posted October 8, 2013 Share Posted October 8, 2013 You should not go into forex expecting it to be a short-term solution to their financial problems because they will be disappointed with the results. It takes time, patience and discipline to make a success of forex so your plan needs to be in the long term and involve proper learning and practice if you want to become a good trader. Quote Link to comment Share on other sites More sharing options...
euro Posted October 8, 2013 Share Posted October 8, 2013 You should not go into forex expecting it to be a short-term solution to their financial problems because they will be disappointed with the results. It takes time, patience and discipline to make a success of forex so your plan needs to be in the long term and involve proper learning and practice if you want to become a good trader. Forex should not be for those who really need money. If you really need money you should work for it. Since forex is not for those who wish to do short term on it. You should look at forex as additional side income. Side income is something that you really can use but are not necessary desperate for it. I think forex becomes a problem if people sit there and pray for it and do not have any other source of income. They can become mental over it. So do try to work and get another source of income. Quote Link to comment Share on other sites More sharing options...
gaban Posted October 9, 2013 Share Posted October 9, 2013 I agree with you. If we want to earn a lot of money and fast in forex, then you are wrong. To get profit in forex is not easy. We need a lot of skill and good knowledge in forex. Because forex is a very risky business. If we do not have the knowledge and skills then do not expect we can get profit in forex. Quote Link to comment Share on other sites More sharing options...
sakai Posted October 9, 2013 Share Posted October 9, 2013 Well, if we want to do long-term investment, we must have the preparation and plan well in advance and all that takes time and a process to make forex as investment business for the long term without having the knowledge and experience we just keep making forex. Quote Link to comment Share on other sites More sharing options...
Samar Posted October 9, 2013 Share Posted October 9, 2013 I see that preparation and maturity of trade knowledge must be mastered when we will start to use the investment to forex trading business, but the preparation and knowledge takes a very long time, if we do not have the passion and determination in us will never be able to master the trade and it will be a wasted effort. Quote Link to comment Share on other sites More sharing options...
StevenBendre Posted October 9, 2013 Share Posted October 9, 2013 I think that the trader needs to be determined indeed because forex trading is not just about profits but there are losses to be encountered too in the process and you need to be prepared to face them and look for better ways of overcoming them. Quote Link to comment Share on other sites More sharing options...
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