why forex is not profitable?
449881
Some traders feel that they need to squeeze every last pip out of a move in the market. There is money to be made in the forex markets every day. Trying to grab every last pip before a currency pair turns can cause you to hold positions too long and set you up to lose the profitable trade that you are trading.
1304779
Forex trading is when people buy and sell currencies with the aim to make money on the difference between the two currencies. ... If the currency does indeed increase in value, they will close their trade with a gain. However, if the currency decreases in value, then the trader will incure a loss.
1005141
There are geographical restrictions on who can trade on HitBTC. US Clients are not accepted on the exchange. There have been numerous complaints of site crashes.
1450920
All currencies float under free market rules and trading with them can be a potential opportunity for making money as a side-job for the average person. However, trading with currency is not that simple and straightforward as it sounds despite the fact that forex is definitely not a scam.
241819
You might be shocked to discover that the fees are as high as 13%. That's on a round-trip exchange, meaning if you changed the money then changed it back you would lose 13%. Of course you're not going do a round trip exchange, but it gives you the idea of how much the banks are making.
398375
Poor risk management, and even worse, no risk management is a major reason why Forex traders lose their money quickly. Risk management is key to survival in Forex trading including day trading. You can be a good trader and still be wiped out by poor risk management.
575309
India's imports are much more than its exports, causing a trade imbalance. To avoid depletion of its Forex reserves, India needs to increase its exports and for that it devaluates its currency. (Stated above, with lower value of rupee, Americans can buy much more from India, hence exports increase.)
763983
Simple answer is they have to charge that much to make a profit. If they sold as many G wagons as they do the CLA then production goes to and prices can go down.
1094643
How do forex brokers make profits – Broker Fees. Some forex brokers make profits by charging a commission per trade, while others will charge the spread between the bid and the ask prices. This is the main, most common and popular method forex brokers make profits.
370862
Yes it is profitable as it is a pension scheme for the unorganised secctors and industries. Where the income is not fixed , and there is no job stabitily/security.
222841
On average it is not profitable. Just like with any other kind of gambling, you can get lucky, but then you need to quit while you're ahead. If you're going to buy keys, do it because you enjoy the game and want to support it, not because you think you're going to turn a profit.
1291005
Forex—the foreign exchange, also abbreviated as FX—is a global market that trades in currencies such as dollars, euros, and yen. Many of the approaches and analysis of the two markets mirror one another.
1342533
Our Ai stock analyst implies that there will be a negative trend in the future and the NXTTF shares are not a good investment for making money. Since this share has a negative outlook we recommend looking for other projects instead to build a portfolio.
185462
Forex is legal in the USA. You can trade to your heart'$ content. The market is loosely regulated and what you are trading is an electronic network of banks, brokers, and liquidity providers/market makers who are collectively known as “Smart Money”.
447800
Nontradables are cited as a reason why purchasing power parity doesn't hold because: a. goods that you can't transport cannot be sold for a profit elsewhere, even if the price differs in different locations. ... location-specific goods are impossible to calculate a price elsewhere for.
636638
Unlike most financial markets that open around 8:00 am in the morning and close around 6:00 pm in the evening, Forex is open 24 hour per day. Since Forex lacks a central exchange, it moves from country to country during the week. Forex only closes on weekends when most of the worlds banks are closed.
1173274
In Forex you buy at the Ask price (while your broker sells at Ask), and when you sell, you are doing it at the Bid price (your broker will buy at it). ... The reverse happens when you Sell it - the asumption is that you have Euros to be sold so that you buy US dollars.