I'm wondering if it's realistic to aim for a profit of 10 pips per day in the forex market. Is this a feasible goal, considering market volatility and other factors?
The Forex market operates independently of any individual's schedule. It is a dynamic and unpredictable entity that requires traders to adapt and respond to its fluctuations.
Was this helpful?
331
30
CryptoEliteThu Dec 19 2024
BTCC is a leading cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a secure wallet for storing digital assets. With its comprehensive suite of tools and resources, BTCC empowers traders to capitalize on opportunities in the cryptocurrency market.
Was this helpful?
144
83
EleonoraThu Dec 19 2024
To achieve consistent profitability in Forex trading, one must learn to seize opportunities as they arise. This may involve refraining from trading during periods of market uncertainty or volatility.
Was this helpful?
330
48
CryptoAceThu Dec 19 2024
It is important for traders to recognize that the market does not always offer profitable trading opportunities. There may be days or even weeks where it is wise to stay out of the market and wait for better conditions.
Was this helpful?
272
32
ElenaThu Dec 19 2024
The notion that the Forex market will move in a predictable way to produce a set amount of profit each day is unrealistic. The market is influenced by a myriad of factors, including economic news, geopolitical events, and trader sentiment.