Future of Forex?

[kemer roach]

Now a days, Forex is much popular business. Because, the facilities of Forex business is much interesting from others business. So, I believe in near future Forex business will more popular business. the most important point is, young generations are much interested about Forex trading. so, I feel much proud as a Forex trader.

 

[RahmanSL]

I think we need to really get old school to avoid the danger of robots. Let's trade by telegraph!

Trade via telegraph??....hmmm...that's very old school....much better via telepathy....much more convenient, faster, and no need for any old computer/android/gadget/what-ever

Future of forex??....I believe a whole new generation of gamblers will be created who get their daily fixes with simply pushing "buy" or "sell" button....very bad news for the casino business!

As for EA/machine taking over trading the forex market....hehehe.....reputable forex brokers will simply ban them from being used, while bucketshop brokers will allow them but you can be damn sure they will have more powerful machines to counteract the EA/machines being used.

 

[downtrend]

Even if it becomes automated we can still trade in this market, a total human restriction from trading in forex is not possible. It will be an option for any one if they can afford such accurate trading robots, they can use them in their accounts.

 

[EURUSD]

I think there will be more people who will know forex in the future and there will be more popular because its flexibility in time and place. But traders need to be more careful with many brokers which can scam them because I found there are some brokers which didn't have good regulation so traders need to pay more attention. I think forex will be promising business which many people are interesting to join and build business in it.

 

[DavidC1]

Someone will crack this Da Vinci code someday.

 

[Kokomaster]

I believe in the future many will have gone deep into this business and would have been making consistent profits. Everyday more smart people join this trade with the real hope of earning good for themselves.

 

[nahiyar]

Scope of Forex trade is very vast and in future there will be more popularity and large number of people will join trading. Although it is risky business but its necessary that trader must have proper trading knowledge.

 

[iMusingKiMi]

I prefer to believe a lot of trader will quit, hedge fund will get more and more competitors.

 

[Kokomaster]

I prefer to believe a lot of trader will quit, hedge fund will get more and more competitors.

That will be for those traders who won't be ready to determine to learn. Loosing is part of this trade and so we must learn from it to improve into becoming a great trader.

 

[EURUSD]

That will be for those traders who won't be ready to determine to learn. Loosing is part of this trade and so we must learn from it to improve into becoming a great trader.

I am agree with you. Loss is part of trading and it should be part of learning too so trader can be better trader with making evaluation from what has happened in the past. I don't think if there will be more people who quitted from trading although it is true that there are many traders who don't trade anymore but I think there are more people who will join in this business. There are many sources to learn about forex and there are chances to be great traders nowadays.