Forex Trading Does Not Always Generate Income

Discussion in 'General Trading Discussion' started by Benigna Mazzi, Mar 28, 2021.

  1. Benigna Mazzi

    Benigna Mazzi Senior Investor

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    Forex trading does not always generate a certain amount of income and may even generate certain losses consistently. It may be one of the reasons why many traders quit the market. If the trading is successful for a long time and the profit increases, then you should decide to choose forex as a profession. Also, choose to trade with a regulated broker like Eurotrader if you want to be a professional trader.
     
  2. Lisa Maria

    Lisa Maria Senior Investor

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    There are lot of currency pair in forex market. But I prefer to trade in major pair like EURUSD, GBPUSD, USDJPY. They are quite volatile than other currency pair. Moreover, my broker Tpglobalfx provides low and tight spread in major pair. I am scalper, So, I need low spread for my trading strategy. However, trader should trade in all pair. Mastering one or two pair is enough to become successful.
     

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