Pages:
Author

Topic: Can you really make money on Forex? - page 29. (Read 30026 times)

hero member
Activity: 1428
Merit: 506
April 01, 2017, 12:56:03 AM
Absolutely yes, we can make money on forex. In forex you can earn big but need to learn first, need to understands the process on how you can make money but its not easy. This needs take time and effort to reach the goal you need in forex.
sr. member
Activity: 910
Merit: 251
March 31, 2017, 11:34:47 PM
Anyone tried or currently trading forex is it possible to make money on it?
I think trading in Forex to make profit on it is not that easy to apply, because it needs an attention for you to become a responsibly traders. But there is an investment that you need to invest first before you can avail to experience the feelings of doing trade.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
March 31, 2017, 08:26:56 PM
It is indeed possible to make money out of Forex only things you may need is proper training and understanding of market.
To make great profit two things are required:
* great luck
* Insider knowledge

Without above it is difficult to make significant amount of profit from Forex as investment or seed money required is also large.

What means it's not for everyone, right? I'm not sure if people are really making much profit from trading, as I'm not a trader and I have some doubts about how efficient it could be. Insider knowledge isn't for everyone and great luck also. There always some guys trying to make you believe you can make a lot of profit without consistent proofs or methods.
hero member
Activity: 1680
Merit: 655
March 31, 2017, 08:20:39 PM
It is indeed possible to make money out of Forex only things you may need is proper training and understanding of market.
To make great profit two things are required:
* great luck
* Insider knowledge

Without above it is difficult to make significant amount of profit from Forex as investment or seed money required is also large.
I don't but I don't think both luck and insider knowledge is a skill that can make you profitable in  Foreign Exchange. What I mean about this is that Forex is more than that because everything around it relies on the economy of a country it is a reflection on how they are doing economically. Also I don't think the "training" you are saying won't improve your luck or the insider knowledge you will have.
sr. member
Activity: 770
Merit: 268
March 31, 2017, 02:33:56 PM
It is indeed possible to make money out of Forex only things you may need is proper training and understanding of market.
To make great profit two things are required:
* great luck
* Insider knowledge

Without above it is difficult to make significant amount of profit from Forex as investment or seed money required is also large.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
March 31, 2017, 02:20:50 PM
You can train Forex trading at Sparkprofit they just do points and they dont need deposits.
I trained from this website to know how it really works. Although still you wont see the outcome sometimes. It is not really different with trading bitcoins and altcoins. They are almost like the same. The only difference I think is there is a big jump at bitcoin unlike those commodities and other currencies.
legendary
Activity: 1652
Merit: 1057
March 31, 2017, 02:14:35 PM
Forex can make you easy money as can get your money the same way, there isnt a way to predict all market mooves, you need to analyse and choose the best moment to enter and to get out, since its a hot market and it changes fast, if you have some good capital you can risk trading with positions of 2000-5000 pips, this way you protect your money, this is how most experienced traders does do to keep their capital safe.
I did hear about forex market like it was highly manipulated by big players. I am also very much sure if we are having big capital then definitely we can make big profits from forex trading. Still finding good trading calls will be inevitable for Forex trading because big capital will always need accurate entry and exit levels so that we can make big profits with with small pips covered.

Going with the big volume seems a key when market volatility is highly unpredictable. I do see people are scalping this way, but they need to spend more hours in front of computers for this unlike bitcoin trading which just needs few hours of analysis and trading.
full member
Activity: 140
Merit: 100
March 31, 2017, 01:31:12 PM
Yes, but only if you have the proper knowledge and nerves of steel. The most common mistake is exiting on positions too late because you think there is no way not to go in my direction. And exiting of winning positions too early.

The easiest way is just to follow some of the winning traders on social forex platforms like eToro.
Its not very easiest because I do this few weeks back and lost some good amount you need some proper knowledge and analysis also for this only following is never going to help 

Well, you always need to have some knowledge. Even when you cross the road, At least to be able to peak a 'sane' traders to follow. For example most of the 'top' traders are just with demo accounts and no-risk management. If they hit or continue to hit positions in a month - they are happy as they are gaining commission from their followers. If they get unlucky - registering new account and repeat.


Yes, I agree, to successfully trade in forex you need a lot of knowledge. And you need experience and the ability to analyze different news. It is very difficult at once. But then it brings a good profit
hero member
Activity: 1218
Merit: 513
March 30, 2017, 07:41:20 PM
Yes, but only if you have the proper knowledge and nerves of steel. The most common mistake is exiting on positions too late because you think there is no way not to go in my direction. And exiting of winning positions too early.

The easiest way is just to follow some of the winning traders on social forex platforms like eToro.
Its not very easiest because I do this few weeks back and lost some good amount you need some proper knowledge and analysis also for this only following is never going to help 

Well, you always need to have some knowledge. Even when you cross the road, At least to be able to peak a 'sane' traders to follow. For example most of the 'top' traders are just with demo accounts and no-risk management. If they hit or continue to hit positions in a month - they are happy as they are gaining commission from their followers. If they get unlucky - registering new account and repeat.
full member
Activity: 187
Merit: 100
March 30, 2017, 05:37:06 PM
Forex can make you easy money as can get your money the same way, there isnt a way to predict all market mooves, you need to analyse and choose the best moment to enter and to get out, since its a hot market and it changes fast, if you have some good capital you can risk trading with positions of 2000-5000 pips, this way you protect your money, this is how most experienced traders does do to keep their capital safe.

I agree with you, if a person has capital, but no experience, then it is better not to start selling oneself. This may not end very well. It is best to choose an experienced trader
hero member
Activity: 868
Merit: 500
March 30, 2017, 05:33:05 PM
Forex can make you easy money as can get your money the same way, there isnt a way to predict all market mooves, you need to analyse and choose the best moment to enter and to get out, since its a hot market and it changes fast, if you have some good capital you can risk trading with positions of 2000-5000 pips, this way you protect your money, this is how most experienced traders does do to keep their capital safe.
sr. member
Activity: 700
Merit: 251
March 30, 2017, 04:17:43 PM
Yes, but only if you have the proper knowledge and nerves of steel. The most common mistake is exiting on positions too late because you think there is no way not to go in my direction. And exiting of winning positions too early.

The easiest way is just to follow some of the winning traders on social forex platforms like eToro.
Its not very easiest because I do this few weeks back and lost some good amount you need some proper knowledge and analysis also for this only following is never going to help 
hero member
Activity: 1218
Merit: 513
March 30, 2017, 03:57:08 PM
Yes, but only if you have the proper knowledge and nerves of steel. The most common mistake is exiting on positions too late because you think there is no way not to go in my direction. And exiting of winning positions too early.

The easiest way is just to follow some of the winning traders on social forex platforms like eToro.
sr. member
Activity: 630
Merit: 263
March 30, 2017, 03:51:39 PM
Today the Forex market is not only an opportunity to earn on changes in currency exchange rates. But the unprecedented chance to earn each of the crooked dealer. The majority of traders are scammers. Probably 95% of people get them in hand. So you can earn but you need to be very careful. Likely to lose you more.
sr. member
Activity: 700
Merit: 254
March 30, 2017, 03:18:54 PM
I think yes because I see that in the facebook posting big profits in the forex. But they should have the right strategy for they to earn money. If they don't have the right strategy will also run out of there investment and they lose all they have.
legendary
Activity: 971
Merit: 1000
March 30, 2017, 02:54:46 PM
If you're new to forex, check out 1Broker - They allow you to use Bitcoin to trade other markets such as FX.

They also introduced a new trade copy system, where you can follow other successful traders, or have other people copy your trades and you earn a passive income.
More info in their blog: https://1broker.com/?c=en/content/copy-trader
Pretty cool!
hero member
Activity: 602
Merit: 501
Undeads.com - P2E Runner Game
March 30, 2017, 01:23:32 PM
Yes of course you can earn a lot of money from them. But ya you can't simply just put some money and blindly predict. I have seen cases it has worked but it's not something like gambling where luck will always work. In trading you have to the price and analyse and have skills and many more aspects. If you are sucessful in doing all this mostly you will earn free money.

forex is not gambling , forex is same with bitcoin margin trading in bitmex ,poloniex or kraken
if you trading with blind, i think youre sugestion true, because youre trading without analys only buy and sell with blind
hero member
Activity: 756
Merit: 505
March 30, 2017, 09:58:32 AM
I think you can make money from anything. You can even make money out of trash if you wanted too. It's just a matter of perspective. If you see a profit opportunity from something then go for it. In forex though, it is like trading. You have to know how it works. The better you are at it, the bigger your income.
hero member
Activity: 2590
Merit: 644
March 30, 2017, 09:19:28 AM
Yes you can earn money in forex trading because it is just like trading bitcoin or altcoin because you will just buy and sell a particular currency but the advantage of forex trading is, it's stable and it can't be manipulated and you can predict well if you love reading news or updates about the economy of the particular coin. Forex trading is more like into traders who got experience and also patience in studying the market everyday.
hero member
Activity: 924
Merit: 500
March 30, 2017, 08:19:07 AM
Anyone tried or currently trading forex is it possible to make money on it?
Yes, you can make a lot of money in Forex trading as long as you know what your gonna do. For you to make on it you to be knowledgeable in Forex trading and need a lot of experience too. Because if your not skilled and lack of knowledge for it you will only loss a lot of money.
Pages:
Jump to: