Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.

August 10 2013

Q&A: Forex seems to be more difficult to profit than the stock market? – goldsenze

Q: Forex seems to be more difficult to profit than the stock market?

I trade stocks regularly but was wondering if anyone found Forex more appealing than trading the DOW, NYSE or NASDAQ? Also, has anyone profited more than they thought they would? Please no answers trying to sell me your proven methods. Thanks.
Poloman1690, thank you for your honest answer and the link.

Goldsenze Answer:

Tough question. Pretty much you are just speculating which way the currency will go without any true analysis.

Go ahead and give me the thumbs down but there are no earnings or financial statements to make an educated guess. Sure there will be some who make money at this moment but who knows about the future. Someone could think that selling crack is a great investment but they will get burnt at some point.

Related posts:

  1. Q: Is the forex market more difficult to predict than the stock market? – goldsenze.com
  2. Q&A: on the stock market what is the difference between forex ,options, equities and futures? – goldsenze
  3. i need websites for information about huge profit from forex market? – goldsenze.com
  4. What websites have day to day analysis for the Forex Market? – goldsenze

March 27 2013

Q: What makes forex trading so difficult? – goldsenze.com

Q&A: What makes forex trading so difficult?

I’m trying to learn a little bit about forex trading, but I’ve only just begun, so please excuse the stupid question. :)

I’ve heard that 90% of people who try forex trading lose everything in the first six months. Why is this? If you make a poor bid and it loses value, couldn’t you just hold onto it (for days or weeks if needed) until it improves in value again? Surely people don’t deliberately sell stocks at a loss?

I’m probably missing something very obvious, haha. Thanks for your help!


Forex trading requires you to create a methodology, a technique to trade, a management plan (Risk and trade) , a sound trading mindset ( being honest with oneself, taking full responsibility for your actions,self discipline,patience, realistic expectation,focus,confidence in your self and your method to trade right, managing your emotions like fear and greed and how you handle good and bad times) last but not the least a methodically written down or tangible trading plan which will be your guardian angle and guide you in times of great profit and looses and will help you stay on the path

Either way traders lack any 4 of these !

Related posts:

  1. Q: what is a realistic result from a month of forex trading with a real company? – goldsenze.com
  2. Q: Is the forex market more difficult to predict than the stock market? – goldsenze.com
  3. Question: Where & How can i download Forex trading software i.e Fx (forex, stock,currency)software online ? – goldsenze.com
  4. FAQ: Forex trading? – goldsenze.com
Older posts are this way If this message doesn't go away, click anywhere on the page to continue loading posts.
Could not load more posts
Maybe Soup is currently being updated? I'll try again automatically in a few seconds...
Just a second, loading more posts...
You've reached the end.
No Soup for you

Don't be the product, buy the product!

YES, I want to SOUP ●UP for ...