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Author Topic: Forex Trading  (Read 24073 times)

Sammy9ce

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Re: Forex Trading
« Reply #15 on: November 26, 2020, 08:20:55 PM »
Currencies in the Forex market are backed by a centralized government, cryptocurrencies are not. ... Cryptocurrency trading is similar to forex trading in that they both involve exchanging a currency for another currency. However, the cryptocurrency market and the forex market are influenced by different factors.
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Re: Forex Trading
« Reply #15 on: November 26, 2020, 08:20:55 PM »


msz900

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Re: Forex Trading
« Reply #16 on: December 29, 2020, 05:16:12 AM »
Forex trading is not a game about many people think that it's an easy way of earning and only a few make it successfully but they are actually lucky. I myself loss money in Forex trading and it requires a lot of knowledge as well as analyzing skills.
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Re: Forex Trading
« Reply #16 on: December 29, 2020, 05:16:12 AM »
:)

imsomething1

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Re: Forex Trading
« Reply #17 on: August 29, 2021, 11:59:15 AM »
Hello everyone

Vir

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Re: Forex Trading
« Reply #18 on: September 08, 2021, 08:34:03 PM »
I don't rhink that it is corerct to compare forex with cryptos. They are different financial instruments. Forex can be profitable if you are good at trading. Surely, before switching from crypto market to forex, you'd better to learn forex. Everything is in your hands and the success depends only on you.

Mikalrajas

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Re: Forex Trading
« Reply #19 on: October 12, 2021, 08:36:54 PM »
I still think that forex is more predictable and consistent than cryptos. Surely, cryptos are more volatile, but volatility can also destroy your budget and this volatility is less predictable than currency pairs.

Thetaris

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Re: Forex Trading
« Reply #20 on: October 19, 2021, 09:02:24 PM »
I believe that the biggest advantage of forex trading is the fact that it is well-studied and there are many different learning resources which are free of charge. Forex market is neither bad nor good, everything is up to you. All your trading results depend on you but not the market itself.

teddalpiaz

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Re: Forex Trading
« Reply #21 on: October 27, 2021, 11:34:35 AM »
In Forex people can earn a lot within a very short time so I will suggest all the newcomers to join FX and yes they should use FreshForex broker cause they are giving up to 300% deposit bonuses for their customers.

amzexpert

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Re: Forex Trading
« Reply #22 on: November 10, 2021, 06:33:25 AM »
Dear, I do not have to try forex trading. Is it like the simple Trading as we do in our daily life? Can you give me more information about forex Trading then I can do forex Trading? Is the forex trading is Profitable or not.

Androrus

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Re: Forex Trading
« Reply #23 on: November 18, 2021, 08:46:57 AM »
It is hard to say whether forex trading is more or less profitable than cryptocurrency trading because it is all individual.
Surely, you should know that the markets are quite different but they still share lots of principles which are useful in all of the investing activities. I don't really see any disadvantages of forex trading, I would call them pecularities because of the fact that it is up to everyone whether to treat them like pros or cons. For example, forex market is less volatile than cryptos. Is it advantage or disadvantage? On the one hand, traders make their money because of the volatility and theoretically, the higher volatility the higher potential profits. However, there is one more correlation associated with the volatility: the higher volatility the higher risk to lose. So, forex market is more stable and consistent which I think is a pro. More than that, forex market is more regulated. There is so much scam in crypto field, in forex there is also a room for scam but it is not as widespread as in crypto market. Which is an absolute advantage.
Anyway, you can try your hand in forex trading and I believe that it is the best option for yo if you made up your mind to switch to some other market.

prostos55

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Re: Forex Trading
« Reply #24 on: November 21, 2021, 11:57:25 PM »
Very convenient, you can be sure. Moreover, there is an excellent level of protection for your data, so you can be sure of the safety of your information. I would also like to wish you to try Exness Academy  if you are just starting to try yourself in trading. Here you can find out everything in detail, study and find the most profitable solutions for yourself, the most reliable brokerage services and, in general, ideal places for trading your assets. Try it and you won't regret it.

teddalpiaz

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Re: Forex Trading
« Reply #25 on: November 29, 2021, 05:57:28 AM »
Trading Forex is easy especially those who are well experienced so always head to learn more and more to make good money. Yes, besides this we should use a reliable broker like FreshForex Aude if your broker plays with you then you can't make any single money so always be alert about this.

Spenser777

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Re: Forex Trading
« Reply #26 on: January 13, 2022, 09:43:40 AM »
They`re different, it`s the constant changes that distinguish crypto markets from Forex, where exchange rates between currencies are virtually unchanged. Leverage - is what interests Forex traders. But the mechanisms are similar. E.g., price movements, supply and demand play a large role in both. However, the specific factors that influence these indicators differ significantly. At first, when I started trading forex, this source helped me to understand everything in detail. It made me realize that training is very important in this field.
« Last Edit: January 17, 2022, 08:51:18 AM by Spenser777 »

 

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