Topic: Can you really make money on Forex? - page 18. (Read 29984 times)
As long as you are good you can make money in any trading site, I know some people who are making money in Forex because they are expert in trading, though they lose sometimes but the profit that they gain there is bigger than their losses. Just practice and get more experience soon you'll make money from Forex when you become pro in trading.
yes. With forex we can make a lot of money. But it takes a lot of funds as well. There is a friend in a day he is able to produce 100 $
I have been struggling in forex trading more than 10 years. I dont have an airplane from forex yet. But at least, i can have more material than people around me. Can share with people who are less fortunate using profit forex. Grow into big and strong trees, give more benefits.
Took you 10 years and you didn't realize you aren't going to be good at it after just a year of trading on forex? You must be the most stubborn kid I know.
Let's say you burned $100 a day on FOREX becuase you chose just less leverage trading on some broker you were in, that's something you really have to think still.
Forex isn't for everyone.
I have been struggling in forex trading more than 10 years. I dont have an airplane from forex yet. But at least, i can have more material than people around me. Can share with people who are less fortunate using profit forex. Grow into big and strong trees, give more benefits.
Going into Forex doesn’t mean instant money or instant returns. Haven’t you heard of “money makes money?” You have to sacrifice a lot to gain a lot but in Forex you can sacrifice a lot and still gain nothing. Most likely that you’re going to lose more. I’m not saying Forex is a bust; you just need a lot of time, patience, and money. You’re always going to be constantly learning and you’re going to need to be fast in thinking. Many people have made their living out of Forex and are successful at it but it took a lot of time to reach where they are now.
Forex is a game of the most rich people of the world, with banks and countries big interest, all of those big players are present at forex, i know some people are able to trade and live from it, but the risk at forex are high, as i newbie i tryed once i made 350 dollars into 2 hours, it were lucky. Then i travel and i lost all my balance, the lesson were dont let your order open, the risk is too high.
definitely yes, no one will invest in forex if they're not profitable. But every capital is at risk, but if you perform well and execute good strategies you will gain decent or big profits.
Investment is one thing and knowing the market is another thing,if you really want to make profit,make sure that you study the entire market and wage whether it will make a profit,forex does gives you are good amount of profit,but the volatility level is really low,so the amount of profit you can make will be less compared to other markets. Yes we can make money on forex, forex trading is made to produce some money but in forex your money's interest will be so slow to make profit unlike the other investment your profit can gain more than the forex. forex can make money but it is slow to make some profits,.
No it's not. It's just a competition between market participants. If anyone wins anything, that means that someone else had to loose. Only real winner is broker, which takes a fee
Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
Practicing with real money in Forex is a very dangerous move nobody should really try to do unless they know how the correct terms within Forex trading.I am pretty sure that the whole Forex thing is based on trial and error so I would practice with fake money before using the real thing.
On a demo account very often it turns out well to play, because there is no sense of a real game, and with real money then there is only one loss.
I used to trade forex using a metatrader demo account. I had fun playing fake money. The game was relatively easy because losing fake money was not painful. And I earned... fake money in return.
I too very easily played with false money, but it does not give pleasure and does not force to estimate a situation really. When you play real money, you begin to better analyze your actions in order to stay in profit.
Yes we can make money on forex, forex trading is made to produce some money but in forex your money's interest will be so slow to make profit unlike the other investment your profit can gain more than the forex. forex can make money but it is slow to make some profits,.
definitely yes, no one will invest in forex if they're not profitable. But every capital is at risk, but if you perform well and execute good strategies you will gain decent or big profits.
That's the same question as: why people go to casino? It's obviously unprofittable. You can have sophisticated strategies, you can spend hours every day, but after all it's not about trading, it's about placing bets against broker - if particular asset would go up or down in some timeframe.
Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
Practicing with real money in Forex is a very dangerous move nobody should really try to do unless they know how the correct terms within Forex trading.I am pretty sure that the whole Forex thing is based on trial and error so I would practice with fake money before using the real thing.
On a demo account very often it turns out well to play, because there is no sense of a real game, and with real money then there is only one loss.
I used to trade forex using a metatrader demo account. I had fun playing fake money. The game was relatively easy because losing fake money was not painful. And I earned... fake money in return.
definitely yes, no one will invest in forex if they're not profitable. But every capital is at risk, but if you perform well and execute good strategies you will gain decent or big profits.
Anyone tried or currently trading forex is it possible to make money on it?
I don't have actual experience trading forex but I once invested a little savings on it. I earned, not a lot, but the initial agreement was that the trader would give me 10% maximum monthly interest on my investment. Well, there wasn't a month when the interest reached 10%. The interest was always less. But I learned nevertheless.
A few people I know used to earn 12% fixed monthly interest on their investment.
So if the traders were able to provide such gains to investors, they must have large earnings through forex trading.
Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
Practicing with real money in Forex is a very dangerous move nobody should really try to do unless they know how the correct terms within Forex trading.I am pretty sure that the whole Forex thing is based on trial and error so I would practice with fake money before using the real thing.
On a demo account very often it turns out well to play, because there is no sense of a real game, and with real money then there is only one loss.
Forex can also generate big enough money, if still do not have forex experience you need to learn first because forex trading more risky than trade in bitcoin or altcoin. If you already have a funeral to join forex trading better.
Many of my friends make money with forex, and he can really make money quickly. But I do not dare to forex trading because it is very scary, I prefer altcoin trading, the risk is smaller than forex, altcoin trading fee is also smaller, I only minimize the risk
if you understand the risk and how things works inside forex you will able to gain good amounts of money playing with its movementsjust same thing with alts fluctuations are there just needed to read a lots of news to be aware if what would be the good trade to support
its a matter of understanding and taking the risk.
Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
Practicing with real money in Forex is a very dangerous move nobody should really try to do unless they know how the correct terms within Forex trading.I am pretty sure that the whole Forex thing is based on trial and error so I would practice with fake money before using the real thing.
Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
The only issue with forex is the house manipulation, i had used forex and one platafform to another always frozen from some seconds up to 2 minutes when the market news come, soo if you have small orders open you will end loosing them in the general, sometimes you lucky enought to see it over the other direction, soo you need to be fast and close those. Its possible to make money at forex but you need to play safe with big pips, 5000-10000 pips, im not sure if there are houses offering those, but play safe, better earn 0,10 dollar pip then loose all into seconds.
Yes, there's that in-house manipulation but beside that there's enough juice to be made in the forex business. I once did make money and withdrew in it. I don't think it has to do with large pips range. One can still have a little pip target and still be successful. It boils down to financial management and lot size.
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