Investing money in the Forex market could be a very common way of making money. Forex market is worth billions of dollars and there are many people who trade in this market quite regularly. However, just because you can trade, this does not mean that you should. The main problem with Forex market is that the market is incredibly risky and volatile. The chances of losing money is high, so how often do you invest?
How Often Do You Invest In The Forex Market?
- Thread starter Passiveearner
- Start date
I have invested in Forex trading before but without success. I am considering to employ the service of a forex trading broker to do the investment for me. She is a friend of mine and is very experienced in forex trading.
To tell you the truth is that I am not into forex trading at all but I have been making considerations about it and the first thing I want to ensure that I have is a very good laptop which would enable me to make calls and let it run by itself.
- Thread starter
- #7
Making money in the Forex market is incredibly risky. The fact remains that majority of the people lose money because they do not have the right kind of knowledge when it comes to Forex market.
If you want to invest in forex, it is needed to have the requisite experience because forex require a lot of knowledge and experience if you do not want to lose all your funds into its investment.
- Thread starter
- #10
Trading in the forex market is not at all that easy. This is because the market is really volatile. Most of the people lose money in the forex market. This is because they depend a lot on their luck.
If trading on forex is easy, I will definitely always win and never lose, even though I have studied technical and fundamental analysis well, I also need to control my emotions and greed, so I don't lose more.
Arbitrage opportunities seems to be the best option more especially for those who are not too much knowledgeable.Buying low and selling high or Hodling is very easy.The only problem is when we do not understand the market forces which can bring about the much anticipated results.
Often I meet in the retail forex market, prices between brokers are generally not much different, and we will lose after reducing transaction costs. So we must often actively monitor prices to get profit.
You are right but then do we have the luxury of time to actually be on the market trends the entire day? i have been using trading view app to give me the alerts and i also user other key apps to help me make make the possible analysis on how the market trends may be influenced.I try to spare as much time as possible reading the forex charts.
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- #15
I am planning to start arbitrage trading in the future. The fact of the matter remains that this seems like one of the best kind of trading opportunity as the market price of different commodities might be different on many platforms.
For me, I'm yet to fully understand the complexities behind trading the Forex market, what I do is this, whenever I have some few money to spare I contact a friend who knows how to trade and give him the money to trade, so we share the profits of the business, that is if the trade favours or goes his way.
