Ever heard the saying “ Forex is a scam ? “
Well the truth is YES it is a scam, only for those that don’t know details about what it entails.
You can’t be profitable when you don’t even understand what the term “forex” actually means …..
It is an abbreviation for Foreign Exchange, meaning the exchange of one currency for another , does it sound like a scam now ?, I am sure it doesn’t but if it still does then you don’t know anything about economics.
Forex has come to stay and the truth is, the world power thrive through foreign exchange and also, it is a market worth trillions of dollars.
You can make money from the market, digitally by understanding each country economic strength and weakness and knowing when to enter a trade, which is also called “ Fundamental analysis “ or you make money through historical chart data, to predict what is going to happen in present time which is called “ Technical analysis “
Or you just know both.
Stop being ignorant and seek for knowledge, those that say forex is a scam are most likely those that have heard bad reports or tried trading through sentiments analysis and lost their money then they tag what they don’t understand a scam.
Seek knowledge and trust me you will make money.