Forex is the market of great volatility so when it comes to profits the markets showers it upon the trader if he takes care of the market by developing skills to handle the market properly and then only success can be achieved but to some extent because after that may physical and psychological factors are also to be taken care of before trading.
Demo account is an appropriate means for traders in the develop forex business. demo account gives us a lesson on how to operate the platform as well as an analysis using indicators to trade. I use a demo forex account when starting a business in the Armada Markets. Now I've found my best way of trading is by using scalping. this method is very suitable for me to apply in this broker because this broker provide me the spreads as low as 0.0 pips; no re-quotes, delays nor interventions; scalping, EAs and news trading allowed; STP, DMA and NDD; Leverage up to 1:500; trade from 0.01 lot
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13-11-2014, 04:17 AM #41
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17-11-2014, 03:52 PM #42
Yes forex market has high volatility, and if we want to get more maximal result in forex, we must be able to maximize volatility in market forex. We also must know and understand that forex is also risky business. Be more ready with Money management to trade in forex. We can use small amount, like minimum deposit in TenkoFx
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27-11-2014, 11:09 PM #43
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Life is easy and enjoyable yet we make it complicated and difficult by just adding unnecessary targets and goal. It is same with Forex trading, it is simple if we trade according to good money management rule and less greed, but being human we always love to complicated stuff, therefore it is difficult. I am fortunate that I work with OctaFX broker, it allows me to trade smoothly with great conditions like low spread of just 0.2 pips, high leverage up to 1.500 and also instant deposit and withdrawal system.
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22-12-2014, 02:14 PM #44
Absolutely agree, sometimes, we make forex be complicated. And to be able to own management skills, we need to make practice. We can try to use small amount even since we use demo account,we can hone basics of trading skills.
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26-12-2014, 08:26 AM #45
I Don't think there is a definite answer to this question because FX trading is not easy for sure but can't say that it is too hard to understand because if you are a hard working individual and want to learn about this market then it is not very hard to understand the concepts of FX trading and you can trade with your knowledge and strategies to achieve success.
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05-01-2015, 09:38 AM #46
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Forex trading is not easy business, it is the tough and difficult business in which earning money is not easy. It needs much hard work and practice by the trader. If we work hard and follow the rules and plans every time then we surely earns much money and will did not face any loss in forex.
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05-01-2015, 02:44 PM #47
Yes, forex trading is not easy business. Trader will not get success in quick time. We must know that forex is risky. Learn first if we want to earn here. We must have skill and also must have knowledge so we will know how to minimize the risk to get maximal result. video tutorials from broker also can be used as source to learn about forex.
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05-01-2015, 06:39 PM #48
Its not the case of easy or difficult, it's up to the individuals how they want to be in the market because for newbies it may be a difficult market where you can face some complex problems in it but once you get use to of this market then it would be much easier for you to trade in this market.
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30-04-2015, 01:39 AM #49
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In my view it’s hard but definitely not like what we say or people tend to make it. Every business is great if it’s done in a proper way, but if we don’t know how to do it properly then we will find even the easiest work difficult, so that’s why it is so vital to concentrate on getting education rather then find reason why we can’t do it. I am working with Nova FX; it’s an ideal company with proper education course that helps me massively.
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01-05-2015, 03:26 AM #50
forex is difficult because forex is a business that has a high risk. therefore we need to have the skills and knowledge that are good for our trading can trade forex with the maximum and will not be difficult
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