Is Forex A Waste Of Time?
Is Forex A Waste Of Time?
Forex Just like anything else in life can or can not be a waste of time. What draws people in, and has for years mind you is the quick money.
What no one ever tells you is that, This just like any craft does take time to learn. I have been on this journey for over 15 years. But with this being said I Have A Passion for the markets and get bummed when they close for the weekend.
The forex market is a huge industry that spans the globe, and it’s not going away anytime soon. There are many people who think Forex trading is a waste of time because they do not have the money to invest in this type of market. If you’re one of those people, then read on! This blog post will tell you what exactly Forex trading is so that you can make an educated decision as to whether or not it’s worth your time.
Is Forex Gambling ?
Define Gambling? Like putting your families lively hood on the line for a business that your going to start up? Or better yet, buying Lotto Tickets every week because you heard the pot was 600 Million ? Life my friend is a gamble, we take risks everyday and do not think twice about them.
Why isn’t buying stock a gamble? Why isn’t putting money every week into a 401k a Gamble? ( And that is the biggest Scam In America ) While the question could be forever debated in this and other countries for that matter of what or if it is a gamble. The bottom line is will you benefit form it.?
The Truth On Forex.
No matter what path you take in this world, I can tell you that life does not have to be hard. Do what excites you, Wake up and love what you do, Because the one thing not one of us is ever promised is Time.
Far to many folks make life to hard, and this should not be that hard neither. There are folks that are wizards in trading in general and those that are not. With this being said, what one man can do so can another. Always remember this!
The question is more like, do you want this in your life ? If you master this craft, yes you can make more money than a doctor, or lawyer. But no one ever wants to do the work. DO THE WORK.
U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.