Why trading forex can be difficult?

Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
909
24
32
Canada
When you first start forex trading things seem to be so simple and straight-forward; all you have to do is to buy a currency pair and then sell it once the price increases. However a few weeks down the lane and probably after losing most of your account you have come to realize that forex trading is not easy. There are a number of variables (commission, leverage, spreads and your emotion) which are against you.
 

readyforex

Official Advertiser
Jun 5, 2014
30
0
22
Forex Trading is a business which means, you need to first get a 1 to 2 years education and trading experience to profitably trade the market.

Some traders spend 8 to 10 years to become a profitable trader. So, it is not an easy business as it may looks like.
 

fxapex

Active Trader
Jun 7, 2013
258
13
29
its a hard work because initially you have to learn a lot and do a lot of market study to be successful, so this initial effort without reaping any benefits is difficult.
 

tobeone

Master Trader
Jul 3, 2013
42
2
49
It came to me after a year of struggling but I don't have any formula how one can trade successfully, I'm not sure that everyone can trade neither.
 

zick321

Trader
Jun 15, 2014
1
0
12
it is very difficult for new trader but not forexperienced trader bcesaue the new trader are un aware about the trading but they can get practice on demo trading account
 

davidblack

Banned
Jun 19, 2014
78
2
39
Forex is a real business and not a just game. So every trader must get education about Forex and think about starting trade in Forex. Having knowldge is very necessary so keep earning and earning.
 

readyforex

Official Advertiser
Jun 5, 2014
30
0
22
Demo trading is just for doing practice.
For some traders, losing a US$ 500 trading account is still okay!

The money is small. So, they do not care much about their trading decisions. However; this could turn into a real trading problem.

If a trader can not make profit on a US$ 500 trading account then what are the chances to make profit on a US$ 50, 000/- trading account?

One big fat round egg! The chance is Zero.
 

Fxpipper

Master Trader
Oct 26, 2011
1,132
4
49
Heck - most of us learnt about trading by blowing out our first account..so yes, trading is anything but easy and it involves a lot of grunt work..
 

readyforex

Official Advertiser
Jun 5, 2014
30
0
22
When a new Forex trader blow up his Forex trading account then there are two options

Option 1/-
Leave Forex trading forever and do not come back.

Option 2/-
Learn about Forex trading other wise he is going to face the same problem and the trader is going to lose money again.