New user to forex

Beginner Questions
1

Is it a lucrative investment?

2

it is as long as you take the time to learn the skillset, and use proper risk management

3

Of course, it is! But you have to make 1st your trading skill by learning.

2 Likes
4

yup, and don’t rush the process, it takes time. But put your all into it if it’s something you’re serious about

5

Ok thanks I will do my best toes cross

6

Thanks I am serious , a friend recommended it because she felt I’m perfect for it , I sure hope shes right

7

quick piece of advice, when you start demo trading (which you need to before starting a LIVE account), be PATIENT and trade what you SEE, not what you think.

8

Wowww thanks for being helpful pal , I will need all the advice I can get

1 Like
9

no problem!

10

As I see; Luke described it so smartly! So, now it’s your turn to work on & make sure your trading skill. Hope for the best.

11

any financial platform can be a lucrative process if you can control emotions and can make a real discipline , that’s all.

1 Like
12

Forex can be Lucrative ,
if there is most powerful analyzing trading knowledge
including real money management.

1 Like
13

Probably yes, but from which background you come that you are asking that question anyway. I mean where did you heard about Forex anyway that you asking such questions ? But for sure it’s lucrative, but not easy as some like to describe all that things;)

14

It can be great but it is not easy.

15

its a fine line , " Forex is lucrative but not easy at all " nothing 100% there is at all , so always difficult to survive in here with great patience.

16

agree , nothing is 100% in there but there is a hope and for that reason we all are here in spite of having much losses , after all its a great business place if anyone can make sure all inevitable part of tradings.

2 Likes
17

for newcomers this not a lucrative place , its a place for learning for new trader , nothing without it.

18

Lucrative means to produce wealth. To be lucrative means that an item or idea can create a large volume of income.

19

everyone knows what actually lucrative ? by the way , do you think its lucrative or not ?

20

Great! Nice to know! You are right; it takes time.