PatrickW112
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I am a new learner at forex trading. But many people saying, present russia-ukraine war can make a bad impact on this forex trading. Is it reliable?
No not in the most obvious sense. Indeed market volatility is an opportunity to earn money, think Gold, Oil, Wheat. Just pull up a chart and look at it over the past few weeks and see what you can learn.I am a new learner at forex trading. But many people saying, present russia-ukraine war can make a bad impact on this forex trading. Is it reliable?
Yeah. I am worried about the influence of Bitcoin. But lets see...I don’t trade it so can’t comment I’m afraid.
I do have a colleague who has …. And he is very very worried about his exposure currently and also major paranoid about the security of his holdings (and it’s substantial I think).
I don’t think he’s slept for awhile but I do remind him his problem isn’t really a problem considering what others are going through. Needless to say he’s been dumping it and buying gold whenever he can. No doubt buy it back (if it doesn’t get frozen and stolen by our own governments…..)
That’s a different perception from others, but very true. The market is as good as any other day, as it only depends upon the traders as to what they want to trade. You’re right, finding the right opportunities is the only thing traders need to do, rest all remains the same as usual.Good a time as any. There will always be market drivers in some capacity. Now we have war but the underlying and now seemingly forgotten issue was inflation and interest rates (as it always will be). Volatility = opportunity. You just have to learn where the opportunities are.
This was the point I made above also. Sadly it can make you question the ethics in what you are doing but perhaps donating a portion of any profits made can help one sleep easier at night struggling with this fact.Warfare (sadly) brings volatility to the Forex market ........and volatility is the oxygen of trading