Forex Forums |

Go Back   Forex Lasers Forum > FOREX TRADING > Forex Discussion

Why is forex trading so hard?

Forex Discussion

LinkBack Thread Tools Search this Thread
Old 09-11-2022, 08:07
Level V Lasers Member
Join Date: Jun 2015
Posts: 755
Default Why is forex trading so hard?

The Forex market is said to be hard because it is the most liquid market in the world and billions of people and entities intervene in it. Governments, politics, the weather, public health, corporate expansion or bankruptcy, the prices of foodstuff, everything influences the Forex market. Some big players in the market are so huge, players can generate large movements on their own. How does this affect you? Well, consider this sequence of events as an example. Suppose you have initiated a Forex trade, which after several hours of hard work, is proceeding in your intended direction as planned. You decide to take a break and maybe even brag to your partner about your latest success. After 10 minutes or so, you return to your trading station only to discover that a massive reversal has occurred, completely obliterating your position including any potential profit. This type of event can frequently happen with no prior warning of any sort. In Forex, the best chance you have to survive long enough to make any profit is by carefully managing your risk to ensure you donít get wiped out, while you build experience and knowledge from real money trading (after spending an initial period of time practicing with a free demo account.
Reply With Quote
Old 16-11-2022, 07:11
Level IV Lasers Member
Join Date: Feb 2014
Posts: 274
Send a message via ICQ to chin100 Send a message via AIM to chin100 Send a message via Yahoo to chin100
Default Re: Why is forex trading so hard?

Forex trading is not difficult, and it is a fantastic way to improve your well-being. Don't expect to be a great trader right away. You will make mistakes and lose money, but you will learn. The sooner you accept it, the sooner you will learn. Nobody was born to be a great trader.

Crypto Bots
Reply With Quote
Old 22-11-2022, 11:24
Level IV Lasers Member
Join Date: Oct 2013
Posts: 358
Default Re: Why is forex trading so hard?

Because in markets which are close to efficient ones profit opportunities do not last long. Sooner or later they are discovered with more and more market participants till the share of profit that gets each trader drops to transaction costs. This is an equilibrium point.
Reply With Quote
Old 23-01-2023, 21:31
Level 1 Lasers Member
Join Date: Aug 2015
Posts: 7
Default Re: Why is forex trading so hard?

I lost money with a fake broker. Where can these things be reported?

I reported it here:

What else can I do to?
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Forex trading no more risky or hard. A route to success for every trader. PapiaKhatunAsha Broker Representatives 0 08-11-2019 16:38
Why It Is So Hard To Trade Forex On Holiday ForexArticles Forex Articles 0 26-12-2016 11:58
These days itís hard to find good Trading Signals helrymoney Forex Discussion 12 10-11-2016 04:00
Forex -- The Hard Truth ForexGuy Forex Discussion 4 19-10-2014 16:15
Auto forex system trading - How to get monthly cashback from forex trading asafp584296 Software / Signals / Services 1 16-01-2012 16:00

All times are GMT. The time now is 09:40.

Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2023, vBulletin Solutions, Inc.