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Topic: Can you really make money on Forex? - page 20. (Read 29984 times)

sr. member
Activity: 1162
Merit: 258
1xbit.com
June 07, 2017, 06:19:16 AM
Anyone tried or currently trading forex is it possible to make money on it?
Maybe yes, but the analysis is harder and a lot of things which must be learn to play forex and also a lot of experience, I suggest to ask someone to teach you because if you learn it yourself will be very difficult.
sr. member
Activity: 770
Merit: 278
June 07, 2017, 06:04:36 AM
Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.
I think luck doesn't matter most in forex because you need on this is a good practice in margin trading including the TA the most important to have a good result .It may give you a profit but it has a more big risk than a usual altcoin tradings. So i suggest if you want to do forex just be ready with the amount that will may unexpectedly lose .
hero member
Activity: 1806
Merit: 672
June 05, 2017, 11:47:56 AM
Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.

Yes totally agrees with all the things you have said.  Just allocate a fund that you think you wouod be happy even without it.  It is like a gamble so better to place the money there that you do not really need.  Because any moment its price would drop or it would rise.But if luck is on your side then maybe you should try doing the Forex thing.
I don't know but in general anything outside of banking has risk from real estate investing to altcoin trading everything has risk and it varies from different types of platforms. Right now in Forex what I believe is that it is one of the less risky investments out there because what you are buying are Fiat Currency which we all know are stable the only way you are getting money out of it is when another fiat currency is weaker than what you are holding signifying that you will gain more when you exchange it.
hero member
Activity: 994
Merit: 544
June 05, 2017, 11:35:15 AM
Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.

Yes totally agrees with all the things you have said.  Just allocate a fund that you think you wouod be happy even without it.  It is like a gamble so better to place the money there that you do not really need.  Because any moment its price would drop or it would rise.But if luck is on your side then maybe you should try doing the Forex thing.
sr. member
Activity: 286
Merit: 250
June 05, 2017, 09:43:34 AM
Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.
hero member
Activity: 812
Merit: 501
June 05, 2017, 06:09:00 AM
Anyone tried or currently trading forex is it possible to make money on it?
What do you mean forex, fiat forex? if that I thinl I will never try. I prefer cryptocoins exchanger. Coin trading is more transparent and easy to be practiced even for newbie. I am a newbie but I made some profit trading altcoins. it is fun and easy but sometimes my prediction isn't correct.
full member
Activity: 672
Merit: 176
June 05, 2017, 04:43:05 AM
I am still trading forex today. Because forex basically includes investment instruments. So it's no different from other investments and for me in forex trading has a profit  30%/year is pretty good, bigger than doing a deposit in bank.
I envy you a little bit on white. I took up trading on Forex several times, but for some reason I did not get anything done. Most likely I got something to earn and immediately I lost it all. Perhaps I have too little knowledge for trading.
sr. member
Activity: 253
Merit: 250
June 05, 2017, 03:36:07 AM
I am still trading forex today. Because forex basically includes investment instruments. So it's no different from other investments and for me in forex trading has a profit  30%/year is pretty good, bigger than doing a deposit in bank.
sr. member
Activity: 700
Merit: 277
June 04, 2017, 09:30:26 AM
I do not think that to make money from forex feels hard, about 15 years ago I could got the profit of thousands USD a day only, this is because the analysis is still accurate, but at the moment it feels hard and I leave it.
hero member
Activity: 672
Merit: 500
June 02, 2017, 03:14:23 PM
I dont really get that question to be serious :O
You can always make money on trading, and it does not necessarily have to be trading markets, it is same situation like you buy a car for 10,000$ and sell it for 11,000$. It is simply a trading.

Of course it is possible to make money on forex, leverage can give you a lot of help, but bear in mind that it makes you risk more: the margin call is something you need to br aware of.
full member
Activity: 189
Merit: 100
June 02, 2017, 01:42:45 PM
You can make money with anything. Is Forex the best choice? I don't think so. Highly volatile and you need to use extreme leverages to catch the price movements. You can wipe out your entire investment within minutes.
I think there are much better ways to make money. Like trading with real products, opening an online service or investing long term.
Avoid Forex if you can. I did it all and you will only succeed if you are either extremely lucky or devote your entire life to it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 02, 2017, 01:13:35 PM
well first time i heard about forex the forex site is about to close.
All of the forex site will be close someday but you earn from it if you are pioneer many chances of winning if you are pioneer.
We can make money on forex.
I think you are mistaking the forex market with the broker, the forex market is not even close to closing its doors, however a broker may close its doors for all kind of reasons, like losing money on forex, or not getting enough clients, lawsuits and all kind of things that happen to a business that is operating in something as risky as forex.
newbie
Activity: 42
Merit: 0
June 02, 2017, 03:27:10 AM
Yes, you can make money on forex. But it depends on how fast you learn and if you learn faster than your funds run out:) Statistics show that most of forex participants loose their money, and I believe that. But if you do it right, and you are not trying to become a millionaire during one night, then sure, you can make forex your additional income source.
hero member
Activity: 756
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 02, 2017, 02:53:42 AM
well first time i heard about forex the forex site is about to close.
All of the forex site will be close someday but you earn from it if you are pioneer many chances of winning if you are pioneer.
We can make money on forex.
I don’t know where you got your information from, Forex is not about to close. Brokers may stop pairing certain currencies against each other though if Bitcoin gets intergrated as an official currency then the whole Forex thing will stay alive much longer than it was planned for because someone out there may be willing to trade their Bitcoins for old currencies.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 01, 2017, 04:00:33 PM
I am still unsure of this forex and maybe I do not know how, and maybe I will start to learn about forex so I can increase my income well.
Maybe all will not go smoothly but the beginning of success will make me succeed in a better future.
i never use forex, and do not have any idea about forex exchange , or forex income, to me i am earning a good profit from bitcoin and that is really enough for me.
Forex has a lot more liquidity, since a lot of money is moving in those markets but the problem with forex is that you need to reveal your identity to the broker and also you need to have a bank account and in many cases I have seen that the minimum amount you need to put in your account is one thousand dollars and when we compare it to the amount of money you need in crypto that is simply too high.
sr. member
Activity: 777
Merit: 251
May 31, 2017, 05:33:59 AM
Anyone tried or currently trading forex is it possible to make money on it?
Yes very much possible! Only thing was it needs some requirements before you can make the actual  trade in the market. You need to have an checking account savings in the bank and broker. Unlike in crypto trading it doesn't need it just put a balance in the exchange bitcoin wallet you start at once fo doing trade.
member
Activity: 364
Merit: 10
Pawsome
May 31, 2017, 04:29:09 AM
A lot of money can made from forex trading, in forex trading a good trading strategy and a sound money management is the key to a successful trading. Although some minor losses will be incurred but in a long run profit will be made with a good risk to reward ratio r:r of aleast 1:1.
Yes true, but there is a big risk that could make all of our money runs out, I do not like the forex because it is not transparent and prefer trading cryptocurrency because it is more profitable.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 30, 2017, 08:42:45 PM
A lot of money can made from forex trading, in forex trading a good trading strategy and a sound money management is the key to a successful trading. Although some minor losses will be incurred but in a long run profit will be made with a good risk to reward ratio r:r of aleast 1:1.
Forex trading needs a lot of time before you can see that you are making profits, if you are not a person that have a lot of patience then you will not be able to a good forex trader and make money because it will need a lot of time to come up with a good mindset as a trader and also have a good strategy in trading but it is all worth it if you are very sure that you will pursue forex trading.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
May 30, 2017, 08:14:36 PM
A lot of money can made from forex trading, in forex trading a good trading strategy and a sound money management is the key to a successful trading. Although some minor losses will be incurred but in a long run profit will be made with a good risk to reward ratio r:r of aleast 1:1.
hero member
Activity: 588
Merit: 500
May 30, 2017, 07:56:31 PM
I am still unsure of this forex and maybe I do not know how, and maybe I will start to learn about forex so I can increase my income well.
Maybe all will not go smoothly but the beginning of success will make me succeed in a better future.
i never use forex, and do not have any idea about forex exchange , or forex income, to me i am earning a good profit from bitcoin and that is really enough for me.
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