“The forex market offers a valuable and profitable return if well traded.”
Traditional and common investments such as fixed deposits, and savings, offer VERY low-interest rates even -0% in some Bonds. In Japan, the interest rate is so low that most take to online Forex trading for a better return on their investments.
The Forex market offers a valuable and profitable return if well traded, the Forex market has the advantage of liquidity, over $4trn exchange’s hands daily! and the market is traded 24 hours as opposed to others. The market does not have a centralised exchange like the stock market, It is a global electronic network of banks, financial institutions and individual Forex traders, all involved in the buying and selling of national currencies. Every business carries an element of risk and Forex is not immune. In fact, it is considered a high-risk business or investment by a novice due to the high volatility in the currency market, as it reflects greatly all fundamental and technical issues. But the ability to minimise risk is the crux of business, including forex, *hence matured, disciplined and professional traders do survive well in the markets* Most who loathe Forex are the architects of their own failure either due to inadequate training and education, inexperience, fear, low or inadequate capital, high volume trades, overtrading, inability to technically read charts, lack of profit management, etc., (as an immature trader some years back I fell into one or more of these categories). From my exposure so far it is obvious that Forex trading is not what one can grasp in a one-day or six-hour seminar as is being paraded by cowboy trainers/traders on the Internet and other media channels. A prospective trader dreams of a windfall, a new trader lacks technique and patience.