Thread: Forex is not only difficult but impossible

No way, Forex is the Market with great potential, just trade with education and chose a good broker like FBS Markets for success in the market.

Originally Posted by Rahul247

No way, Forex is the Market with great potential, just trade with education and chose a good broker like FBS Markets for success in the market.

But you need to invest your time first before making some money, learn first with practice in demo account.

Yeah I completely agree with that, you need to first start with demo, I started first with demo account at FBS and now trading in live account.

It’s completely about how we feel for things, if we think it’s impossible or difficult then even easiest thing would turn into that, but if we take it seriously and consider it as possible then we will automatically see it becoming easier, so it’s all about that only. We should never ever try to think negative instead being positive is the way to go and will open doors to many things. Right now, I am trading with OctaFX broker which just gives me more positive energy which is to do with marvelous conditions that’s counted with small spreads, zero balance protection, rebates, bonuses and much more, it’s all very cool and helps with working, so that’s why I find it so good.

Trading with minimal capital I think the main purpose is better to train a psychological condition, if you already have a good psychological condition should the future use of trading capital that is more in line with our needs based trading strategy that we use.

Originally Posted by Uncle Gober

Trading with minimal capital I think the main purpose is better to train a psychological condition, if you already have a good psychological condition should the future use of trading capital that is more in line with our needs based trading strategy that we use.

Agree, it's including our mental on our trading activity. Dare to take the risks of our own decision of our own money.

in forex trading is not easy, we have to control the emotions and passions, so the trades are not stuck in a continuous loss, with good risk management we can be more comfortable in forex trading.

Most people have failed in forex market because of no knowledge about forex. In spite of that there are so many reasons to fail in the forex market. Some of them are Emotionally trading in the forex market, greediness, lack of knowledge, choosing wrong decisions, choosing wrong broker etc. Most of the traders fail in forex market because of choosing wrong broker. Brokers play an important role in successful trading. I am trading with Tpglobalfx. They help me to make profit consistently by giving low spreads and high leverage. I love their trading strategy and all facilities they are given.

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

New forex traders that excessive analysis leads to losses rather than profits. However, one of the causes of over-analysis is many external influences. Financial events, industry news, different comments from market analysts, educational tools and literature on online forex trading can lead to over-analyzing the market, and in turn some of the factors that can place traders in a mess.