Why is it so hard to make a living in the forex market?

Question

Why is it so hard to make a living in the forex market?

Answer 1

its not hard if you use forex tracer!

Try it here:

http://forex.lem4.com

Answer 2

No, my friend it is not hard to make living with Forex trading. You just need to make few smart decisions. They are:

1. Get the best broker who charges low fees and provide best facilities. It hard to get but for this you can search it out. I am using Finexo.com. Any my broker charges low fees and its quite good compared to other brokers. You better search and find out yourself.

2. Trade is major pairs. Dont trade in currencies which are passive and volatility is low. Its always better to trade in common pairs and enjoy good trading.

3. Decide your entry and exit points in advance.

If you make your decisions timely and accurate you will never face difficulty.

Regards

Answer 3

If you are determined to make a living on forex, it's not difficult just like other professions.  I used to live on forex trading alone.  So do many of  my friends.

We had to learn the hard way but now I find that there are many forex trading software aids that can help in forex trading.  They make the learning so easy.  Learn to use these tools like Forex Killer for example but practise risk management at all times.