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Forex question Do you think Forex is also good for uneducated people?
avatar Tamba2013
Question by: Tamba2013 - 03 Oct 2013, 07:36:42
Do you think Forex is also good for uneducated people?
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Answers (6)
avatar user 1123
Answer by: Lancarriotte - 03 Oct 2013, 08:04:03

I think it is not good for them to trade in Forex market if they don't have any knowledge about currency trading. Opening a demo account can help them to educate themselves to make a good income.

avatar user 1191
Answer by: lovely - 08 Oct 2013, 10:13:01

Yes, but that people should much watching tv read news and motivation to learn something, include forex.

avatar user 1365
Answer by: Jeremy - 25 Oct 2013, 08:24:39

I think it's not good for them, they need to learn about forex market before start trading.

avatar user 3963
Answer by: Gregory - 11 Dec 2014, 09:17:44

My answer is no but there are many ways for them to educate if they are eager to learn. The trading tutorials will also help them to understand the essence of Forex trading.

avatar user 4083
Answer by: Gerard - 22 Dec 2014, 07:22:32

No, Forex is only good for the educated people. The less the knowledge of a trader, the higher the chances of their losses. Education is very important when it comes to online investment.

avatar user 5902
Answer by: Mackoy - 01 Jun 2015, 09:24:16

Forex trading is for everyone, however, each client must be knowledgeable enough to understand the market. A client with a less knowledge is not advisable to open a live account.

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