Why is it so hard to make money in Forex?

[Royal Pande]

Barriers to entry have fallen. Now even those with small investment amounts can leverage a large position within the market and have the prospect of creating money from Forex. The truth however is that the majority of people that invest their time within the go after profits trading on these markets actually find yourself losing money.

 

[Electric Rainbow]

Yes you can sometimes get swings of 50 points or more, but you will often see a lot of price moves that fizzle out after just 5-15 points, which makes them pretty hard to make money from when the spread per trade can be as high as 2-4 points, depending on which pair you trade and which broker you use.

 

[Shing1985]

Making money in Forex is not so difficult, i think it depends on your knowledge, experience and skills. If you learn it completely and have enough knowledge and experience than it will be easy for you to make good profit with Forex.

 

[Deanna]

It is hard because people that join forex never know what they are getting themselves into. The forex ads from brokers will not tell you that there is more to forex other than jsut predicting a graph. They just want newbies to trade with luck so that they can lose all their moey and they get the money.

 

[Fenrikora]

It is not hard to make money in forex trading. If a person thinks that it is hard hten it is because they are not suitable for forex trading and that is the truth. The expert forex traders do not find forex to be hard but they all started as anyone else without any knowledge.

 

[Ishnnis]

It is hard becaus there is so much to learn and the people that join are not able to learn all of it. It is not just because they choose not to learn but because some of the things that they eed to learn are difficult and not easy to learn. That is why I always say that forex is not for everyone and you need to know when it is you.

 

[Gravelwing]

It is hard because some people choose some very bad brokers that steal from them. If you have never noticd this then you will no. There are some brokers that give you demo accounts for you to practice and you make a lot of demo profit. The moment you begin trading for real you lose eberything that you have. That is because the system is programmed.

 

[RainbowRain]

It is difficult to make money on Forex if you do not know the basics of technical and fundamental analysis. And this needs to be learned, which many beginners try to avoid in order to start making money faster.

 

[Aaron_0]

While lower barriers to entry have made Forex accessible to many, most traders lose money due to lack of experience, poor risk management, and unrealistic expectations. Success in Forex requires discipline, a solid trading plan, and continuous learning. High leverage can amplify gains, but also increases the risk of significant losses.

 

[Elijah_0]

Making money in Forex is challenging due to market volatility, emotional pressure, and the complexity of analyzing various factors like economic data, geopolitical events, and market sentiment. Success requires discipline, risk management, a solid strategy, and patience, as many traders face setbacks before finding consistent profitability.