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Topic: Can you really make money on Forex? - page 17. (Read 29984 times)

hero member
Activity: 1372
Merit: 503
July 11, 2017, 03:22:11 PM
On Forex it is really possible to earn only it is necessary to spend enough time for studying how it works. I did not have the patience to trade on forex and I decided to invest.
Forex can be real and income source too how ever you need to have a full knowledge on trading there specialy skills if you don't have any patient to trade then maybe you need to focus on your study first not on here forum or what so ever website you always visited also quit using social media so you can really focus on the thing you want to be.
member
Activity: 116
Merit: 100
July 11, 2017, 02:09:55 PM
I will also lend my voice to this that its very much possible to make money in forex and this is something I have verifiable evidence on considering the people that I have met who are even close to me which means I know they cannot be lying about it but the issue is that they went on a standard and adequate training before engaging in it because to my understanding, its very much risky even riskier than the crypto-exchange market that I am very used to.
Forex Trading is in fact and no doubt a way to earn money with your capital. It is like the O.G. version of the altcoin trading happening right now in the cryptocurrency world. As you can both kinds of trading involves an exchange of currency to one another, the key here is to increase your quantity and at the same time have a higher value compared to what you have traded for. I know it sounds complicated but the exchange rate even though fiat currency is more stable than Cryptocurrency it does still change often to one another.

I've done forex trade for 6 years, and the things you said are totally correct. In forex, traders should be careful about leverage. Because high leverage creates a huge risk for your capital


And you can get margin call from the company. If you get the margin call, you urgently need to deposit to your forex account.
sr. member
Activity: 284
Merit: 250
July 11, 2017, 01:53:19 PM
Only few can make money on forex, the majority are in constant loss. Making money on forex is for experienced, those who are dealing with that kind of trading for a long time. Besides there are so many scam scheems tied to forex and I know few naive people who have lost big deal of money.

I'm agree with this. Avoid join any scheme, and trade by yourself. It's okay to start with small capital. Try to avoid to trade for short time frame. Do not scalp. Most important don't stick on your chair and stare the graph. Set your target. Stay with your decision and sometimes prepare to loose small amount.

And you do not need to be upset if there are losses. And they will be with beginners. If you have decided to become a successful trader. You have to go through a hard way of losing and learning. But it's worth it
hero member
Activity: 1806
Merit: 672
July 11, 2017, 01:22:07 PM
I will also lend my voice to this that its very much possible to make money in forex and this is something I have verifiable evidence on considering the people that I have met who are even close to me which means I know they cannot be lying about it but the issue is that they went on a standard and adequate training before engaging in it because to my understanding, its very much risky even riskier than the crypto-exchange market that I am very used to.
Forex Trading is in fact and no doubt a way to earn money with your capital. It is like the O.G. version of the altcoin trading happening right now in the cryptocurrency world. As you can both kinds of trading involves an exchange of currency to one another, the key here is to increase your quantity and at the same time have a higher value compared to what you have traded for. I know it sounds complicated but the exchange rate even though fiat currency is more stable than Cryptocurrency it does still change often to one another.
member
Activity: 159
Merit: 11
World Mobile Coin
July 11, 2017, 11:29:54 AM
Only few can make money on forex, the majority are in constant loss. Making money on forex is for experienced, those who are dealing with that kind of trading for a long time. Besides there are so many scam scheems tied to forex and I know few naive people who have lost big deal of money.

I'm agree with this. Avoid join any scheme, and trade by yourself. It's okay to start with small capital. Try to avoid to trade for short time frame. Do not scalp. Most important don't stick on your chair and stare the graph. Set your target. Stay with your decision and sometimes prepare to loose small amount.
sr. member
Activity: 700
Merit: 277
July 11, 2017, 11:24:36 AM
On Forex it is really possible to earn only it is necessary to spend enough time for studying how it works. I did not have the patience to trade on forex and I decided to invest.
Yeah right, I hate waiting too long for the price increase in Forex, for me it's a waste of time, I prefer trading bitcoin because prices can go up and down hundreds percent only a day.
newbie
Activity: 42
Merit: 0
July 11, 2017, 11:19:07 AM
Trading in forex is pretty tricky.
I tried a demo and I always loss..
Well, I'm pretty greedy knowing it's just a demo..

But you can earn a decent cash if you're good.
I knew some people who earned thousands in forex.
Im jealous.

Bitcoin is easier in my opinion.
hero member
Activity: 1593
Merit: 502
July 11, 2017, 09:20:40 AM
Honestly with Forex you don't need much money for a good cash return. With the right strategy you could make a few percent a day, provided you use proper risk management.
sr. member
Activity: 756
Merit: 251
July 11, 2017, 08:38:44 AM
Yes of course but it needs some deep analysis. You really need to study a lot of things like the economies of countries, certain policies, international monetary initiatives, and so many others.

But it is a bit like crypto trading also. Here, you also need to study altcoins you are trading.
hero member
Activity: 658
Merit: 505
July 11, 2017, 08:28:49 AM
Only few can make money on forex, the majority are in constant loss. Making money on forex is for experienced, those who are dealing with that kind of trading for a long time. Besides there are so many scam scheems tied to forex and I know few naive people who have lost big deal of money.
full member
Activity: 308
Merit: 101
July 11, 2017, 07:54:36 AM
Anyone tried or currently trading forex is it possible to make money on it?
I think people can make money on forex. However, it is very difficult for many people, need full knowledge of technical analysis and need to make an effort to be able to make a lot of money from it.
sr. member
Activity: 322
Merit: 250
July 11, 2017, 07:53:07 AM
I will also lend my voice to this that its very much possible to make money in forex and this is something I have verifiable evidence on considering the people that I have met who are even close to me which means I know they cannot be lying about it but the issue is that they went on a standard and adequate training before engaging in it because to my understanding, its very much risky even riskier than the crypto-exchange market that I am very used to.
sr. member
Activity: 1232
Merit: 250
July 11, 2017, 07:46:58 AM
Trading in commodities and equity cash is much easier for me, but even its possible to profit in forex. But it kind of requires more knowledge and analysis skill of day to day news worldwide. The predictions or understanding the forex market is bit tougher for me.

But making profit is possible for sure in the market.
full member
Activity: 322
Merit: 100
July 11, 2017, 06:54:56 AM
On Forex it is really possible to earn only it is necessary to spend enough time for studying how it works. I did not have the patience to trade on forex and I decided to invest.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
July 11, 2017, 05:38:00 AM
Forex is the world where my imagination stops and I don’t trust the reality. I zip lock my wallet and keep it away in secured location that is unknown to me as well. Yes I don’t like forex and it is the easiest way to loose your money.


Yes, this can really happen if one doesn't have any requisite knowledge about forex trading before going into it, especially if one delves into it with the sole aim of making money without learning the ropes. However, people do make money from trading forex. Of course, it controls over one trillion of dollars on daily basis. There's much money to be made from it the same way there's much to lose from it too.
newbie
Activity: 58
Merit: 0
July 11, 2017, 01:48:00 AM
Forex is for day traders, need to be good at it to make consistent profit but lots can be made if you are. Big banks all around the world trade on it, there's definitely profit in it, comparing it to a casino is a pretty poor comparison.
Ctn
sr. member
Activity: 644
Merit: 259
July 11, 2017, 01:40:35 AM
Forex is the world where my imagination stops and I don’t trust the reality. I zip lock my wallet and keep it away in secured location that is unknown to me as well. Yes I don’t like forex and it is the easiest way to loose your money.
hero member
Activity: 672
Merit: 500
June 26, 2017, 02:12:04 AM
Forex has been established ever since. Many businessmen are learning Forex because they could get money from it. More investors are investing. Even though they had gone to lots of lost, they still engaged on it because they know you can earn big money from it. With further study and right timing, you can really dig some gold. Yes, you can make money on Forex.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
June 18, 2017, 01:35:58 PM
Anyone tried or currently trading forex is it possible to make money on it?
Yes many have already made millions out of both forex trading and crypto trading, you can search for few of their testimonial videos and success stories. Actually you need to gain really nice skill as well as good amount of experience before you can make constant and regular profit with forex trading same applies for crypto trading.

Patience is always a key of success in Trading.
Well, its yes that you can make money from Forex because it is a trading site. Furthermore, One of the best source of income is trading and Forex is a kind of trading site so I think that you really make money from Forex.However, You need to be smart and has a business skill if you want to trade in Forex because there many professional trader that get a high profit in Forex.
newbie
Activity: 56
Merit: 0
June 15, 2017, 08:44:53 AM
Can money be made by Forex trading?
- sure it can. so many traders are doing it.

Can I make money by Forex trading?
- probably not. because if you have no prior experience and have to ask it, it means you can not really make profit consistently from trading Forex. and that is a big market and needs lots more experience than trading bitcoin or altcoins which get pumped a lot.


This is the answer  Grin
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