Fundamental Analysis Can Be Quite Helpful In Forex Trading

Discussion in 'Forex' started by Alexis_0, Jan 27, 2025.

  1. Alexis_0

    Alexis_0

    I actually know that Forex trading is a tricky and complex endeavor because I often ask myself, what was my single biggest reason for why I had failed to make money in trading during my first two months of trading and struggling to achieve consistent profitability. I realize that it was poor risk management because I have seen that trading involves a high degree of risks, but that does not mean Forex trading is inherently unprofitable or impossible to master.
     
  2. Andrew34

    Andrew34

    How'd adjust your strategy to improve it?
     
  3. SmithFX

    SmithFX

    Poor risk management is a common challenge, especially early on. It’s encouraging to hear you’ve recognized that, as it’s key to long-term success. Mastering risk is definitely crucial for turning profitability around.
     
  4. Snuskpelle

    Snuskpelle

    The profitable secret key to making forex exchange currency money profit in challenging circumstance is if be disciplined and account show high green numbers with low risk. Most of trader miss out on this trick and is unprofit. Mastering is important to be disiplind and stay at focused while making incomes.
     
    Zwaen likes this.
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  6. Zwaen

    Zwaen

    And Snusk:sneaky:

    ‘My’ reply’:
    The key to making consistent profits in forex trading, even in tough conditions, lies in effective risk management and disciplined trading. Many traders fail because they ignore the importance of managing risk. Staying focused, controlling losses, and following a clear strategy are crucial to achieving steady and reliable income.
     
  7. Snuskpelle

    Snuskpelle

    It's a real threat to this forum TBH when almost all "new" threads daily are AI slop. Especially since it takes increasing time to discern it despite the completely generic questions/statements.

    Just a suggestion: @Baron should add a big red BOT button on top of every post, and if enough old timers press that on a relatively new account that account's content is automatically hidden and queued for review/deletion.
     
  8. Agreed and I like the idea. Lord of the flies.
     
  9. shine

    shine

    Fundamental analysis in Forex plays an important role in making informed trading decisions and helps traders assess long-term trends in the currency market. It is important for traders who are focused on long-term profits, holding their trades open for a long time, and want to consider macroeconomic and political factors in their decisions.
     
  10. Baron

    Baron ET Founder

    We already have that feature, as indicated by the Report link at the bottom of every post. Ok, so it doesn't exactly say "BOT", but the functionality you are describing is identical to what we already have in place through the "Report" function.
     
    #10     Jan 29, 2025
    Snuskpelle likes this.