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Re: Is forex trading really worth it?

#11
If you don`t have any success yet then you`re not enough educated yet. Forex trading worth it but it needs a lot of hard work, hard learning and any other hard thing you can imagine.


Re: Is forex trading really worth it?

#12
Sometimes traders who are not able to make a profit in trading will start thinking like that, but I assure trading is damn worth it. Just keep trying and not to give up easily

Re: Is forex trading really worth it?

#13
I've been in forex trading about 3-4 years but still not yet profitable.. but maybe due to trade in smaller time frame like M15 or M30..Now I'm trying to trade on H1/H4 hopefully it goes well.
Success is a lonely road.
Success in anything worth having is tough.
trading isn't something you're going to become profitable with overnight.
It take hard work, dedication and perseverance.
---Daily Time Frame Algo Trader

Re: Is forex trading really worth it?

#14
It does take several years to be able to trade full time. However, when you have got to the point that you can make a living of trading it's totally worth it. I have given up my job and have that flexibility to work wherever and whenever I want to. To have that financial freedom is amazing for me.

Re: Is forex trading really worth it?

#15
Be selective. Do not trade every setup. The odds are in your favour when multiple signs align. For example if price is at extremes; wait for price to make a move first. Do not bite, wait, be patient, there are plenty of pairs/instruments.


Re: Is forex trading really worth it?

#16
Meyney wrote:
Wed Oct 13, 2021 4:57 am
Be selective. Do not trade every setup. The odds are in your favour when multiple signs align. For example if price is at extremes; wait for price to make a move first. Do not bite, wait, be patient, there are plenty of pairs/instruments.
Agreed! Never do hurry, wait for the confirmations, see the trend even if you trade on shorter time frames, better to read the long term trend. This gives the idea of market.

Re: Is forex trading really worth it?

#17
Have you drilled down into the possible reasons WHY you aren't succeeding. Are they identifiable at all? Never be afraid to go back to the drawing board. Progress in forex is rarely linear in nature and many of us had to jab at various ways to approach it until it started to click.

Re: Is forex trading really worth it?

#18
太虚一毫 wrote:
Wed Aug 18, 2021 7:53 pm
viewtopic.php?f=578267&t=8474290&p=1295 ... 1295441691

Such questions are asked all the time by the whole world. Everyone has asked. There is a song in China called "A Thousand Times of Questions".
There is a "two-eight law" in economics (for stocks, futures, etc.). In my opinion, it should be called the "law of nine". Really successful people, up to 10%.

1.交易外汇,是有钱人的游戏。
2.如果你没钱,你得有很多的空闲时间。生活有保障的“富贵闲人”可以交易外汇。
3.如果你既没有钱,也没有很多空闲时间,那你得有运气。
4.如果你有好运气,那就玩非农、议息会议等5星级事件,赌暴涨暴跌,也许可以一瞬间发大财。
5.如果你连好运气也没有,那你得有高学历。有了高学历,可以不必自己交易,而靠“行骗”、写文章忽悠别人交易,也能发财。
6.如果你没有高学历,你得有慧眼,看得出来网上免费的交易系统,哪些靠谱,哪些不靠谱。如果能找到靠谱的免费交易系统,也可以勉强入市赚些小钱。
7.如果连慧眼也没有,那还是退出外汇交易市场吧。

If there is no free time, do not play foreign exchange trading. There is a lot of free time, which is the most basic prerequisite for trading foreign exchange. :)


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