Is it good to invest in forex?

[billi]

Forex trading has more than five trillion dollar volume which usually revolves daily across the globe however trading these markets is not as easy as it looks like so we better first learn the basic skills before jumping into the trading industry.

 

[Hulu Girl]

Forex online trading can be profitable if you know the people involved and have certain trading skills.

 

[Abhinav Bose]

Trading forex needs traders to gain trading skills and have in-depth trading knowledge.

 

[Nisha Khanna]

It is only good for the traders who have a good understanding of the forex market.

 

[stoch]

Forex trading allows to use high leverage and this flexibility attracts many traders with small capital. However risk management skills should be exceptional to work with high leverage.

 

[billi]

The new traders being unaware of the market conditions should keep the leverage low coz high leverage can claim higher damages too.

 

[stoch]

The new traders being unaware of the market conditions should keep the leverage low coz high leverage can claim higher damages too.

Yes leverage should be used with caution because it is a double-edged sword. In my view trading is far less sustainable if you use high leverage because the chance that you blow out your account due to random streak of losses is much higher in this case

 

[billi]

The new traders usually blow their accounts by over leveraging and sometime over trading too.. The leverage can be adjusted later anytime so first it should be kept low and then raise later as the trader become aware of the market conditions in my opinion.

 

[Wilsonwalla]

Yes, It's good to invest in forex. they help to make money and also provide proper guidance of investment in trading.

it's good only if you know what are you doing for a beginner i don't recommend

 

[Koloss]

Few invest in the forex market. They trade them and this is a skill and business vocation much like learning to become a lawyer, doctor or business person. If you aren't prepared to put the work in to learn the skill then you will never make money trading.