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Two Blokes Trading | Forex Trading Community
What is Two Blokes Trading? Two Blokes Trading is a fun and informative podcast and website for new and experienced home financial traders. It follows us, Tom and Owen, as we learn to trade profitably and consistently. We interview leading traders and trading industry insiders every week on the Podcast to give our listeners the best chance of becoming profitable traders.
Why do people say forex trading is not profitable and you'll loose your money?
Like if you jump in directly obviously you'll end up blowing your account, you'll loose hell lot of money But if you properly study, practice,make a strategy you will follow Have a risk management plan,learn the market and basically just put it effort in it,why won't you be profitable You can't just jump into anything and expect to become a millionaire,you need to work for it Example becoming a doctor, No one can just go into an operation room and start operating,you need years of practice and experience Same goes with forex,but the reward might just be a little juicier Soo don't be disheartened by the 90% loose money And keep realistic expectations,you can't expect to earn 90k a day without putting in the effort So guys wish you all the best and just work hard and practice man Form a proper plan and just stick to it
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The short answer is yes, Forex trading is profitable. The slightly longer answer is yes, trading in the Forex market is profitable but chances are you won’t make any money. How do I know trading Forex can be profitable? In Forex trading, profits tend to come irregularly, so it is best to look at long-term performance as the most profitable performance possible. Results can vary and there is no guarantee of profit, but good Forex traders tend to outperform stock market benchmarks. So whether or not Forex trading is profitable isn’t the right question to ask because it depends on the person trading Forex. There are already people and companies making lots of money trading Forex. For example, hedge funds and prop firms hire traders to speculate in the Forex market. Of course, if profitable Forex trading was that easy, there would be millions of online traders making large sums of money every day. In fact, the situation is quite the opposite. Most Forex traders actually lose money, and it is quite a challenge to start profiting with Forex. Forex trading is a profitable business in the case when trading portfolio capital large. Forex trading ROI is less than many other businesses such as IT business, advertising, etc. However, trading profitability is different when we compare less than million-dollar businesses and billion dollars businesses (large capital) because each business ...
Here's why you'll NEVER make money in Forex. The Forex ...
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