Is forex trading profitable?
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Is forex trading profitable?
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Sure it is. The problem is not in Forex in general. You see, A trader who does not have enough experience and time or skills to conduct analysis can entrust this to a reliable and trusted broker. 4you broker https://tradersunion.com/brokers/forex/view/roboforex/ offers their clients stock price information on their website, get more Info. It is really important to start with a regulated forex broker who has the most options and the best conditions that are suitable for you.
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@cristofer said in Is forex trading profitable?:
Is forex trading profitable?
Not very profitable for 98% of people. Trading currencies or stocks isn't the same as real investing.Sure, short-term, people will have some great years. Some years where they gain 50% or more.
But long-term, very few people will achieve 10.5% before inflation and 6.5% after inflation, which is the average return of the US S&P.Even those commentators on CNBC and Bloomberg, who poser as experts, and tell you to buy or sell this currency or that stock, underperform.Consider a startling statistic.
Professor H. Nejat Seyhun found that between 1963 and 199
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In fact, this question is quite complex and ambiguous. It depends on what you mean by profitability. If you want to find out whether trading brings income, then read more right here. I am sure that here that you will be able to find much more detailed information on this subject here. Good luck to you!
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Before you enter any market as a trader, you need to have some idea of how you will make decisions to execute your trades. You must know what information you will need to make the appropriate decision on entering or exiting a trade. Some people choose to look at the underlying fundamentals of the economy as well as a chart to determine the best time to execute the trade. Others use only technical analysis.
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I invest in stocks. To assess how profitable it can be, look at the stock quotes on the stock exchange. For example, here https://www.robomarkets.com/beginners/info/charts/stocks/ge/ you can find stock quotes for ge stocks. The graph of price changes is the most indicative in order to determine this
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Hello everyone, Forex trading is not always profitable, it all depends on your experience and knowledge.
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Hello, in order to start making real income, every beginner needs to study a lot and work hard. Unfortunately, many perceive the Forex market as a tool for making money quickly and immediately lose their capital. That is why a false opinion is widespread about making money on Forex as an unreliable source of income. Thus, one should ask the question how to trade Forex profitably, and not ask if Forex is profitable or not. You can Read Review on how to become a real trader and profit from it.
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In order not to offend anyone, I'm not going to use the names of real companies and brokers. I just want to express my subjective attitude to the Forex market and share my experience with people who want to make easy money. I have worked with forex gold investor and software from this firm. I have been working with forex gold investor software from this company. I got terminology like a bucket - margin, leverage, indicators, orders and other stuff. But it was even fun, because I felt that this was the beginning of my career as a millionaire. We registered demo accounts and began to learn how to trade. Of course, at first everything was unclear, some arrows, figures charts. But after a couple of weeks we got the hang of it and felt like fish in water.
