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How do I make profits trading forex?

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7:42 pm
August 2, 2013


JHONTY FX

Member

posts 27

Regardless of what many folks might think, it is possible to make a decent return in the Forex market … although most people end up losing.

This is due to a couple of facts. First, many people jump into trading Forex because of the potential for very good profits. They do not bother to learn the intricacies of the market and they end up losing their money rather quickly. (Point number one … any investment that has the potential for high returns has a higher potential for high losses).

If someone has an interest in learning how to participate in the Forex market I would recommend the free training at http://www.babypips.com.

Once you understand the basics you can open a free forex account with most brokerages and paper trade before you even think of putting in a nickle of real money. 

An even bigger reason that most traders lose money at Forex trading is two powerful human emotions … fear and greed. Fear will cause you to exit a trade too soon and greed will cause you to stay in a trade too long. 

Automated systems and strategies such as robots eliminate the human emotion factor and can actually be very useful as part of a long term Forex investment strategy.

My advice … proceed with caution and spend quite a bit of time studying and paper trading before dipping your toes into the water.

Good luck,

4:16 pm
July 18, 2014


Jamal Mia

Member

posts 42

To make profits from Forex, you have to be Technically skilled and experienced enough to Earn. Otherwise, Forex trading is not suitable for everyone. Learning and regular practicing are the best way to become successful in Forex. You should use a good broker like OctFx as your trading platform. This broker will provide you all analysis and strategies to do trading. Don't every be Greedy or emotional, be professional and move steady in this business, if you really wanna get Success.

4:07 pm
October 15, 2014


Andrews Mentro

Member

posts 126

Making profits in Forex is very tough as everyone wants to do that. The best thing one should always remember is never to give up as it is the attitude that will make help us make profits from trading. I have tried various brokers but only with OctaFX i was able to make consistent profits as they don't interfere in my method and allow all methods like scalping, hedging or news trading which also make me feel comfortable while trading.

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