Forex without adequate knowledge?

Thosynho

Member
Knowledge or information they say is power. Whatever you want to do or invest in, you need to equip yourself with required information or knowledge about it.
I have seen quite a number of people sharing their unpalatable experiences from investment in forex trade. Lots of these people were enticed because of much profits some people have made from forex trade so they decided to hoop in and make same profits or even more. Because of their inexperience, they lost virtually everything they invested. Never embark on forex trade without having adequate knowledge.
 

Samuelkanu

New member
For sure knowledge is power and that is why you need to know whatever business you want to be involved in. Without knowledge you'll be like a blind man so you can hit any obstacle. If you try it in forex trading you will lose so much in a little time because forex trading is very very risky as the market is very volatile. You should never try any business without having proper knowledge or how to do it. Forex trading is a very good way to earn online
 

Thosynho

Member
For sure knowledge is power and that is why you need to know whatever business you want to be involved in. Without knowledge you'll be like a blind man so you can hit any obstacle. If you try it in forex trading you will lose so much in a little time because forex trading is very very risky as the market is very volatile. You should never try any business without having proper knowledge or how to do it. Forex trading is a very good way to earn online
That is it my brother, knowledge is power as a matter of fact, knowledge create way for success. No matter how small or big the business is, the role of knowledge can never be overemphasize at all. And when it comes to forex trading, you just need to be well trained if you must bring something tangible out of it.

I'm surprised seeing how some people go into forex without learning about how it works, possibly they were fortunate to make some money initially but because of lack of knowledge, they loose everything including their capital investment at the end.
 

Ahmedo24

Verified member
Knowledge or information they say is power. Whatever you want to do or invest in, you need to equip yourself with required information or knowledge about it.
I have seen quite a number of people sharing their unpalatable experiences from investment in forex trade. Lots of these people were enticed because of much profits some people have made from forex trade so they decided to hoop in and make same profits or even more. Because of their inexperience, they lost virtually everything they invested. Never embark on forex trade without having adequate knowledge.
Thanks for this shared thought of yours , the people that usually engaged on fear of missing out are the ones that mostly experience this, it is very important to know the kind of investment you are going into. The risk and challenges involved in the business should be your first point of priority because that is the life wire of the business before knowing the opportunities in it and how often the opportunities comes. Good number of people do not get it right on forex because they don't know the tips of surviving in forex.
 

Thosynho

Member
Thanks for this shared thought of yours , the people that usually engaged on fear of missing out are the ones that mostly experience this, it is very important to know the kind of investment you are going into. The risk and challenges involved in the business should be your first point of priority because that is the life wire of the business before knowing the opportunities in it and how often the opportunities comes. Good number of people do not get it right on forex because they don't know the tips of surviving in forex.
This is right my brother. Every investor should should know that investment is about taking risk but not all risks are worth taking. So you should weigh your pros and cons before taking one.

Some risks are worth taking while some do not worth it at all. But how do you know the risk that worth your hard earned money from the ones that do not worth your penny if adequate knowledge is not gotten through training? It will be unwise on an investors part to invest blindly.
 

Ahmedo24

Verified member
This is right my brother. Every investor should should know that investment is about taking risk but not all risks are worth taking. So you should weigh your pros and cons before taking one.

Some risks are worth taking while some do not worth it at all. But how do you know the risk that worth your hard earned money from the ones that do not worth your penny if adequate knowledge is not gotten through training? It will be unwise on an investors part to invest blindly.
If you have an in-depth knowledge about the Investment package you want to engage in like forex and you are the type that doesn't rush things then very likely you will always get it right because learning is a continuous process and if you trade forex gradually with little amount you will be learning the challenges and opportunities at the same time while you will be increasing your trading limit. People that are very patient don't loose out from any Investment
 
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