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Topic: Can you really make money on Forex? - page 32. (Read 30021 times)

hero member
Activity: 1092
Merit: 501
March 25, 2017, 01:40:36 PM
Anyone tried or currently trading forex is it possible to make money on it?
I never tried to do some trade in the forex, but I believed you can make a thousands of money in forex, but my idea with it was, before you can make a trade you need to deposit first worth 50$ which this amount was placed on your visa card or mastercard, then once you comply it they will refer you to a broker and there's a tool also that they will give it to you as your portfolio. but I will still go for bitcoin trading it is much more convenient, no need a broker to be needed for me to do some trade in the platform.
hero member
Activity: 798
Merit: 503
March 24, 2017, 01:09:37 PM
I have tried this before in my quest to make money but I lost and concluded maybe its not just for people like me. I have read that people make money from it and even on this forum, people have offered their services to sell signals but I am not sure how it has worked for them but me, I am not going to give it another trial in other to know whether one can make money from it or not...
sr. member
Activity: 924
Merit: 260
March 24, 2017, 12:56:11 PM
Anyone tried or currently trading forex is it possible to make money on it?
yes you can really make money in forex if you treat it as a business and not ponzi or hyip. The ideal of you making or double you investment in a day make people not to see forex as a business. If you see forex as a business you will spend time on leaning the secret of how to trade forex skillfully and professional, technical and fundamental analysis secret and money management.
full member
Activity: 168
Merit: 100
March 24, 2017, 12:05:04 PM
You can make money in Forex, but as I am sure you have already heard it a hundred times, it’s extremely difficult to be a successful trader. There are thousands of ways to lose and only a few ways to win. It is said that most people who go into Forex lose.

However, it doesn’t mean that you will be one of the losers. You may actually be one of the few winners. It will all depend on your nature and how well you are able to rein your emotions. If you are new to Forex, you may find https://how2doforex.wordpress.com helpful
legendary
Activity: 1414
Merit: 1002
= jasad =
March 24, 2017, 11:56:18 AM
Of course Foreign Currency is much easier than the stock market as your focus is more concentrated because compared to stock foreign currency is limited. Also you can reflect your trades via the economy of the said country like how UK want to be seperated with Europe automatically UK Pounds depeleted in value but it did not stop people from buying it at a discounted price.

There is big money on forex exchange and you are right its much better to trade forex than commodities on the stock market. But the volatility in the forex exchange is something to be carefully observed since that is the only that you can get more profit from trading. Forex can give you two experience in life and that is big returns and the other is big losses.
people just can not move on to cryptocurrency trading ,
forex indeed have a larger community and older but you have a limited time ,
i mean when you trade on forex for 5 days a week ,
you can trade crypto 24/7 and much more benefit.
hero member
Activity: 1834
Merit: 523
March 24, 2017, 11:17:11 AM
If you want to start trading on Forex better to start from reading books and information about foqrex and how to trade on it. But you need to involve a lot of your time to earn something out of that, because the whole system are really hard attainable. you can start with some knowledges and try to trade at demo version and you will see that if you want to trade something it will take a lot of time
I think if you start trade in forex you need a lot of time by doing it. And yes you need some information and step by step how to using it. Start trade in forex its very hard because you canbot predict what will happen in the next hour or next day. I think trading is more easy than forex because in trading even if you do it sometime yiu can earn also and you can start trade with small amount in forex I think you need a big calital before start it.
sr. member
Activity: 830
Merit: 258
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
March 24, 2017, 10:40:38 AM
If you want to start trading on Forex better to start from reading books and information about foqrex and how to trade on it. But you need to involve a lot of your time to earn something out of that, because the whole system are really hard attainable. you can start with some knowledges and try to trade at demo version and you will see that if you want to trade something it will take a lot of time
legendary
Activity: 3178
Merit: 1054
March 24, 2017, 09:39:44 AM
Of course Foreign Currency is much easier than the stock market as your focus is more concentrated because compared to stock foreign currency is limited. Also you can reflect your trades via the economy of the said country like how UK want to be seperated with Europe automatically UK Pounds depeleted in value but it did not stop people from buying it at a discounted price.

you must be kidding. forex isn't like crypto trading. if you are into forex no matter which way the inflation goes a trader can still make money. whether it goes up or down a trade in forex can earn money by going long or short which is why those currencies are traded in pairs. you just can't buy a currency like GBP and thats it. that's not how it works, it has to be the cable market.
hero member
Activity: 994
Merit: 544
March 24, 2017, 09:24:03 AM
Of course Foreign Currency is much easier than the stock market as your focus is more concentrated because compared to stock foreign currency is limited. Also you can reflect your trades via the economy of the said country like how UK want to be seperated with Europe automatically UK Pounds depeleted in value but it did not stop people from buying it at a discounted price.

There is big money on forex exchange and you are right its much better to trade forex than commodities on the stock market. But the volatility in the forex exchange is something to be carefully observed since that is the only that you can get more profit from trading. Forex can give you two experience in life and that is big returns and the other is big losses.
hero member
Activity: 1680
Merit: 655
March 24, 2017, 08:31:51 AM
Of course Foreign Currency is much easier than the stock market as your focus is more concentrated because compared to stock foreign currency is limited. Also you can reflect your trades via the economy of the said country like how UK want to be seperated with Europe automatically UK Pounds depeleted in value but it did not stop people from buying it at a discounted price.
jr. member
Activity: 56
Merit: 10
March 24, 2017, 08:26:50 AM
To earn something, you need to invest large sums and study the earnings system well. In my opinion, trading on a demo account is inefficient, because everything is good there, and when you start trading with a real one, you go to a loss.
full member
Activity: 146
Merit: 100
December 17, 2016, 03:16:15 PM
yes you can really make money with forex. I'm very happy with the results I've achieved!
sr. member
Activity: 700
Merit: 251
December 17, 2016, 03:08:41 PM
I could not get a lot of money in the forex. To get there is a good profit, you need to trade large sums of money. With $ 100 there is nothing to do
You are right I also try this but have nothing its need some good amount and patience then you can gain some profit but with very low amount most of time you are on loser's side
legendary
Activity: 2436
Merit: 1366
December 17, 2016, 03:06:03 PM
I think forex is legit and I think yes, you can make money on forex.
But I'm pretty sure you should know what you are doing in forex and you should manage it strongly.
%60-70 of people on Forex lose money yearly.
sr. member
Activity: 462
Merit: 250
December 17, 2016, 02:11:39 PM
Sure you can make profit from forex as long as you can manage your money and emotion in trading
sr. member
Activity: 294
Merit: 250
December 17, 2016, 01:52:22 PM
I think that this topic has to be in trading discussion section, but anyway I have never tried forex but this name is well known, more than bitcoin for sure. But I doubt that the place with such great commercial can be high profitable, because of good things don't need any commercial.
full member
Activity: 187
Merit: 100
December 17, 2016, 01:03:26 PM
I could not get a lot of money in the forex. To get there is a good profit, you need to trade large sums of money. With $ 100 there is nothing to do
full member
Activity: 141
Merit: 100
December 17, 2016, 09:14:03 AM
Of course you can make money on forex but its not easy and it takes a lot of practice before you get good. Id rather trade bitcoin anyway because it has bigger swings and offers a better roi.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
December 17, 2016, 09:10:00 AM
Anyone tried or currently trading forex is it possible to make money on it?
Yes its possible to make huge money in forex trading but if you really want to make some money from Forex trading then you need to get some knowledge from a experinced trader. Its not enough to study the Forex theory, Also you need to be practical to succeed in Forex trading.

Studying forex is exactly what you need to do before you can apply it to practical trading. There are plenty of forex schools and places where to learn forex trading if that is what you want to do.

You are absolutely right, before attempting to trade the Forex, you need to be trained. And even better to learn from an experienced trader who trades with a profit

More than any of that you will need the bankroll, the last time I was looking up starting , 10k would be a good starting point for very very small fish. Try babypips.com for all you need for the trade.
Not really. No. I've found that the most important thing is having someone to teach you the ropes, train you how to read the markets, someone to guide you.
Back in 2014, I only started with about $ 200- $ 300. We don't really need thousands just to start. We could even earn $500 - 1000 /week just with that couple hundred. (Although 'very very small fish' is a relative term. Small for you may not necessarily be small for others.^^)
Having big bankroll doesnt guarantee us on making profits on forex infact that money will be vanished if you dont know how to trade complete on forex and cant handle the risk and pressure when you are in the middle of the trade. Having a mentor would really be a great thing and together with self learning.You could actually make a thousands of dollars out of those hundred that is really true.
sr. member
Activity: 308
Merit: 250
December 17, 2016, 09:02:11 AM
It is possible to make money on forex. To make money on it, it is just like making money on dumps and pumps of price of bitcoin but instead of bitcoins, you'll play with fiat money like US Dollars and the likes. It is also similar to altcoin trading since you have to study the currency first to predict how much it will go up or down in the next few days or weeks. There's also a chance to lose money on forex.

There is always a chance to lose in any kind of trading not just only in forex. And altcoin trading is very different on forex trading. In altcoin trading there are many choices on what you can trade, and if you will be unlucky and choose the wrong altcoin to trade you might lose your money. Unlike in forex trading there are only few choices to trade.
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