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Is Forex a bad business ?

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  • Is Forex a bad business ?

    It is not a bad business but it is one of the costly business out there that makes the loss unbearable and also it is quite hard for you to manage that once there is loss. so surely you have to consider that there are some of the cases where we have to understand that it can be risky if we invest the money that we are about to lose that is for sure.

  • #2
    Every business is as good as the person who is going to do it is. If we are good enough then we can gain plenty from Forex. I am decent and even then, I am able to generate fair amount of profits and a lot of credit for this goes to OctaFX broker for their special features and facilities with low spreads from 0.1 pips to high leverage up to 1.500 while there is also incredible cash back where I get 50% even on losing trades.

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      • #4
        A business is good or bad according to the person doing it, so if anyone who got skills do it will be able to gain plenty of rewards and profits, but if someone who is not so skillful does it then it will be battle. I do it all with sensible approach and that’s why it works nicely for me. I trade with OctaFX broker and they help a lot with their educational guidance, daily market updates and we can even work out on their demo contest, so all that makes trading like able!

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                    • #11
                      No, I don’t think Forex is really a bad business, it’s a great business, it’s really about how good we are, so if we have the ability then we will be able to make plenty through it, but if we are not good enough then we will obviously consider things negatively. For me, I haven’t seen anything better than Forex, it’s the best by all measurements especially with OctaFX and their epic conditions from 0.1 pips spread starting up and there is also cTrader platform that’s smooth and helps big time.

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                      • #12
                        No forex is not a bad business rather it a very good business. But with proper knowledge of trading it can be a bad business. I mainly do binary options trading. For the kind information of the readers, I would like to introduce a binary options broker with you. I am trading on this broker from most recent 6 months. The name of the broker is lxmarkets.com. It is a managed broker with quick money payout.

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                        • #13
                          Never, but unfortunately most of the new Forex traders start their trading journey with a wrong mentality; they want quick success by following shortcut way of trading! I have never faced MC in my trading, so Forex is the best way of money making for me! I started my live trading with 100% Loss Coverage facility of trade24 broker, that’s the secret of my trading success!

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                          • #14
                            Basically by and large traders are loser from this market place in particularly the newcomers due to lack of exact trading knowledge , so before earning money we have to make sure exact trading skill by passing a long time. For becoming a knowledgeable trader very rapidly I have chosen LQDFX which for all time ensures best trading environment for acquiring proper trading knowledge by providing exclusive educational facilities. From here I have gathered all successful trading tips with essential terms and conditions that I always use during my trading for making profit with certainly. so, my trading life is very much knowledgeable.

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                            • #15
                              No forex is not an awful business rather it a decent business. Be that as it may, with appropriate information of trading it can be a terrible business. I for the most part do binary options trading. since binary options have transformed into a savvy, drawing in and empowering kind of contributing, with basic benefit and returns. For the kind information of the traders, I might want to present a binary options broker with you. I am trading on this broker from latest 6 months. The name of the broker is lxmarkets.com ! It is a regulated and reputable broker with fast cash payout. If you need any support, their support team are ready to help you in 24/5.

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