Pros and cons of forex market?

Discussion in 'Forex' started by Coner1980, Feb 20, 2022.

  1. What are the pros and cons of the forex market?
     
    Jonavelle likes this.
  2. maxinger

    maxinger

    major currency pairs

    pros - good for newbies to trade live as capital needed is low.

    cons - one of the worst things for day trading due to relatively poor day range
     
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  3. Pros - Almost none. It’s the hardest “easy money” that traders make.
    Cons - It's not everyone's cup of tea.
     
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  4. Pros - very accessible
    Cons - Very accessible o_O
     
  5. SunTrader

    SunTrader

    Pros: steer clear
    Cons: full of them.
     
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  6. maxinger

    maxinger

    pros - good for the market maker to earn $$$$
    cons - bad for a newbie trader to earn $$$$$
     
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  7. Onra

    Onra

    Again; what are you guys doing in a place like this?!

    The OP and his buddies are paid to create new "Forex" threads, which ultimately lead to broker references/clicks.
    They have zero interest in trading...

    Schermafbeelding 2022-02-21 om 15.23.41.png
     
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  8. maxinger

    maxinger

    do show the evidence to the administrator so that this thread will be deleted.
     
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  9. Onra

    Onra

  10. ph1l

    ph1l

    Based on variety of forums he posts to (not all or mostly Forex), I don't think this is true.

    Back to the original question about the pros and cons of the forex market...

    The pros are the ones who scam you out of your money.
    The cons are the ones who get caught.
    And the ex-cons are cons who have served their time and are back to being pros again.
    :D
     
    #10     Feb 21, 2022
    Coner1980 and Lou Friedman like this.