Is forex trading is the money losing Machine ?
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    Arrow Is forex trading is the money losing Machine ?

    Mostly traders when they have loss in the forex trading say's that the forex trading is the money losing machine where you will lose the money and anything else can you think they are right that the forex trading is just money losing machines and we not make the money with the forex trading and earn with the forex trading is impossible?

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    Well its not a money loosing machine as we know that we can earn money here as we want and there is no restriction on that so forex is a big tree of fruits from where we can pluck many fruits we want so according to me forex is a money making machine and its depend upon trading how we make money here in this field and how we loose our money here

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    it's depend upon the trader knowledge and experience if trader has good knowledge and proper experience about market trend then forex will money making machine for you and if trader don't have good knowledge then forex will loosing machine.

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    Actually not, forex is not a machine that removes our money when trading forex, as forex traders generally have lost money because they make orders against market movements. So if we want to make a profit, then we have to follow the market trends so that our order is not contrary to market trends.

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    forex can be a money losing machine only in if we not have enough knowledge and experience about forex trading. if we want to trade blindly there is very much chances of loss. and presence of knowledge and experience forex can be a good source of income because it is a very profitable business which gives real profit to its experienced and professional traders.

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    Quote Originally Posted by sam9630 View Post
    Mostly traders when they have loss in the forex trading say's that the forex trading is the money losing machine where you will lose the money and anything else can you think they are right that the forex trading is just money losing machines and we not make the money with the forex trading and earn with the forex trading is impossible?
    It depends on your experience... Here is needed perfect money management with better strategies... Who has no any experience he will not earn money even he will lose his money... but who are too expert of course they get that business as money making machine...

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    In my opinion i think the forex trading is not money making machine or nor money losing machine and it is business where you make the profit and loss and i think if you mange the trading well and make the profit in the trading then you will make the good money and if you not mange the trading well then you will not make the money in the trading.

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    no Forex never be the lose machine for success one , and also i dont think Forex is money making machine , but i always say Forex is the machine you can make profit from it and also you can make losses, and the differentiate between both is your learning and apply that learning and applying the rules of that market ..

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    No dear it is not a losing machine. It is the money making machine and gives us much money in this market but if we want to get better result then we must be perfect and should do trade according to rules and plans otherwise we cannot be successful in forex trading market.

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    forex trading can be anything we want it to be either a money making machine or a money losing machine but the basic about the market is that we have the knowledge and understanding to make money from the business when trading the market,the most important thing about forex trading is for one to have the knowldge and understanding of the market before money can be made when trading

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