Have you Ever Burned your Hands with Forex trading?

By Raj
India
July 4, 2023 4:03am CST
Forex trading is one of the riskiest ways to invest our hard-earned money with the anticipation to make some profits and expand our money but its quite hard and if you can learn and master it then you can do a lot better and I know of someone who is just doing forex trading and not working on any other job and this means you can really do well with it. Have you Ever Burned your Hands with Forex trading?
8 people like this
8 responses
@LadyDuck (459805)
• Switzerland
4 Jul
We have trades for years in Forex and never burned our hands, we made good money with Forex.
2 people like this
@LadyDuck (459805)
• Switzerland
5 Jul
@Butterfingers That was my job, it's not something you can learn in a few days.
2 people like this
• India
5 Jul
That's great. I wish to learn to
2 people like this
• India
5 Jul
@LadyDuck yes I can imagine
2 people like this
@allknowing (130247)
• India
4 Jul
We did earn quite a bit but now I have freed myself from shares and mutual funds.
1 person likes this
@allknowing (130247)
• India
5 Jul
@Butterfingers You can go for IPOs
1 person likes this
• India
5 Jul
@allknowing I'm planning to start really soon
1 person likes this
• India
5 Jul
That's good. I am yet to try anything like that
1 person likes this
@AmbiePam (85812)
• United States
4 Jul
I honestly never heard of it.
1 person likes this
@AmbiePam (85812)
• United States
5 Jul
@Butterfingers I have never had money to invest, so that might be why.
1 person likes this
• India
5 Jul
Oh thats surprising to say the least
1 person likes this
@allen0187 (58444)
• Philippines
4 Jul
No, I have not. Worked in the FOREX industry before and there are more scams than legit traders.
1 person likes this
@allen0187 (58444)
• Philippines
5 Jul
1 person likes this
• India
5 Jul
You worked means you are trained in it?
1 person likes this
@aninditasen (15780)
• Raurkela, India
4 Jul
I don't invest in any thing than SIP of SBI, which is safe though the growth is slow.
1 person likes this
@aninditasen (15780)
• Raurkela, India
5 Jul
@Butterfingers Yes, I do get small returns every month.
1 person likes this
• India
5 Jul
SIP is a good option with decent returns
1 person likes this
• India
5 Jul
@arunima25 (85748)
• Bangalore, India
4 Jul
I have a very low risk appetite and I mostly stay away from such things. My husband does take some amount of risk but a calculated one. He is planning to learn it to keep him engaged during his retirement years. He is fifty plus now. Not sure how serious he is about this plan
1 person likes this
• India
5 Jul
I can imagine the risk involved in this. Like to wish him good luck
1 person likes this
@arunima25 (85748)
• Bangalore, India
5 Jul
@Butterfingers He has the plan for it. He has many more plans to keep him engaged in post retirement age. Not sure how many of them will actually come to execution.
1 person likes this
• India
5 Jul
@arunima25 haha I can imagine, we all men are like that
1 person likes this
@wolfgirl569 (96063)
• Marion, Ohio
4 Jul
I have never tried
1 person likes this
• India
5 Jul
Yes it's quite risky too
1 person likes this
29 Jul
I do not trade forex seems a little too hard for me
1 person likes this
• India
29 Jul
It's not hard but risky