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Topic: Can you really make money on Forex? - page 42. (Read 29984 times)

hero member
Activity: 714
Merit: 500
November 17, 2016, 12:14:20 AM
#50
I have seen a lot of bloggers and investors offering foreign exchange courses and seminars but I haven't really attended even once. I got curious about forex a few years ago while I was into stock trading. The risks associated with forex are high but so are the rewards. It seems that you can really make some money from forex because I am seeing a lot of online ads that encourage people how to make money from forex. And you can do it while at home or on your own time.
legendary
Activity: 3178
Merit: 1054
November 17, 2016, 12:06:33 AM
#49
You will really need a lot of training and maybe lose a ton of money before you get to learn forex trading well and profit. Just like crypto trading, its something that you have to spend before learning. If you have survived the FUD there, you will also do it here. Fundamental analysis can be tricky if you don't have access to insiders news.
hero member
Activity: 1302
Merit: 540
November 16, 2016, 11:55:22 PM
#48
Making money with Forex is possible, but you need really good experience and studying well the chart and the market , otherwise its so risky and you can lose as well.
That's a fact. I know people working on it for years, earning a living from it. But it requires focus and discipline.
In the first few months it seems to be quite difficult, but as you gain experience over time, it becomes possible to improve your chances.
experienced might gain us knowledge and courage to test our skills and profits will be our rewards, so better to try and assess if we can do it properly and how far we can manage to survive inside this business, just like doing it with alt trading but more deep study to understand everything inside of it.
full member
Activity: 126
Merit: 100
November 16, 2016, 11:49:11 PM
#47

I'm thinking at first that forex trading is just a scam and I thought that go applies for the whole forex. But it seems I am wrong with it and your customers on your thread are confirming that you are a legit forex trader and forex trading is becoming real in my mind. And that is now convincing me and makes me want to enter forex.

that is only two trades i posted today i post many on slack. Forex can be a source of income if you know what your doing. Bitcoin can be seen more of a investment

Do you think that bitcoin is better investment than forex? I see that you must know what your doing when you enter forex, just like what you will do in bitcoin.

Making money with Forex is possible, but you need really good experience and studying well the chart and the market , otherwise its so risky and you can lose as well.
That's a fact. I know people working on it for years, earning a living from it. But it requires focus and discipline.
In the first few months it seems to be quite difficult, but as you gain experience over time, it becomes possible to improve your chances.

To be able to get earning that will sustain yourself for living you must be experienced and I think Theforextrader is one of them who are good and experienced forextrader.

No currently i earn way more than i were to hold bitcoin. Bitcoin is not the attraction it is the technology which is blockchain. I use charts to determine what will happen in hours, day and months on forex but bitcoin goes solely on the psychology of investors who perceive it as the currency to replace all. that is what drives it. Forex is driven by many things.

Volume of bitcoin is too low for me to be attracted to trade it. You can earn on forex and withdraw in bitcoin
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
November 16, 2016, 11:48:12 PM
#46
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.

I don't think so you can made it through forex without proper knowledge in trading because if you have strong foundation of your analytical skill of course theres a positive way for you to make money and gain high profit if you do invest in forex trading.
sr. member
Activity: 490
Merit: 250
🤖UBEX.COM 🤖
November 16, 2016, 11:45:30 PM
#45
Anyone tried or currently trading forex is it possible to make money on it?

Yes you can. I know someone that can make money on forex, especially they are already expert on forex. They can earn up to 1-10% interest per day and it's depend though. I'm sure anyone can make money on forex if they have experience on it.
hero member
Activity: 994
Merit: 544
November 16, 2016, 11:39:41 PM
#44
Making money with Forex is possible, but you need really good experience and studying well the chart and the market , otherwise its so risky and you can lose as well.
That's a fact. I know people working on it for years, earning a living from it. But it requires focus and discipline.
In the first few months it seems to be quite difficult, but as you gain experience over time, it becomes possible to improve your chances.


Yes, It is possible, for me taking a risk on forex is like a gamble. but i think before you go on forex trading, you must study first its flow, otherwise, you will loss it all. you need to understand the required skills and talents which would keep your trading account alive. Once you are a forex trader you must posses this 3 attitude. You must be confident, Rational and Market Neutral.
hero member
Activity: 490
Merit: 500
November 16, 2016, 08:57:02 PM
#43
Making money with Forex is possible, but you need really good experience and studying well the chart and the market , otherwise its so risky and you can lose as well.
That's a fact. I know people working on it for years, earning a living from it. But it requires focus and discipline.
In the first few months it seems to be quite difficult, but as you gain experience over time, it becomes possible to improve your chances.
full member
Activity: 126
Merit: 100
November 16, 2016, 08:41:42 PM
#42

I'm thinking at first that forex trading is just a scam and I thought that go applies for the whole forex. But it seems I am wrong with it and your customers on your thread are confirming that you are a legit forex trader and forex trading is becoming real in my mind. And that is now convincing me and makes me want to enter forex.

that is only two trades i posted today i post many on slack. Forex can be a source of income if you know what your doing. Bitcoin can be seen more of a investment
full member
Activity: 126
Merit: 100
November 16, 2016, 08:40:38 PM
#41

You can loose thousands as well. Most traders loose money in the end - even if they may have been successful for a longer period of time. Certainly I would not pay for a trading service, because it doesn't ship with a money-back guarantee in case trading recommendations go wrong...

Most traders greatly overestimate their abilities to reliably predict market movements. There are very few highly specialized individuals that use state-of-the-art trading algorithms (neural networks) and have premium market access to execute orders with the shortest lag possible.

In general it's much better to just buy and hodl Bitcoin. Bitcoin will most likely appreciate in purchasing power. All you have to do is waiting. That's easier and much less stressful than engaging in ultra high risk currency trading.

ya.ya.yo!

of course there is a element of risk i don't know any trader in the world that is 100% correct do you? yet they are rich why risk management and ability to close a trade even if at loss and not be greedy.

who uses "state of the art trading algorithms" i don't well it could give you a edge but you don't need it. see my thread iv'e been posting trades for over two weeks. If there was a guaranteed service everyone would be rich. bitcoin itself is a risk no guarantee it will go up in long term. no one can guarantee that.

Bitcoin of course may rise due to it's concept but if your making a living out of it i don't think it's even worth the effort to trade it given it's volume is a tiny percentage of what forex is. Its only high risk trading if your gambling. if you don't know what your doing don't bother with it. forex is not for everyone but people all over the world make thousands a day on it.

You really think trillions of dollars a day are traded without a book
legendary
Activity: 1806
Merit: 1024
November 16, 2016, 08:19:50 PM
#40

You can loose thousands as well. Most traders loose money in the end - even if they may have been successful for a longer period of time. Certainly I would not pay for a trading service, because it doesn't ship with a money-back guarantee in case trading recommendations go wrong...

Most traders greatly overestimate their abilities to reliably predict market movements. There are very few highly specialized individuals that use state-of-the-art trading algorithms (neural networks) and have premium market access to execute orders with the shortest lag possible.

In general it's much better to just buy and hodl Bitcoin. Bitcoin will most likely appreciate in purchasing power. All you have to do is waiting. That's easier and much less stressful than engaging in ultra high risk currency trading.

ya.ya.yo!
hero member
Activity: 490
Merit: 520
November 16, 2016, 08:18:36 PM
#39
Anyone tried or currently trading forex is it possible to make money on it?
It's entirely possible for someone to make money off of forex. It can be a challenge, and if you try to be a day-trader it is incredibly unlikely that you aren't going to succeed without having your own army of bots and other licenses and fees you pay to keep competitive.

Just buy, wait, and sell. Same thing as everything else.
hero member
Activity: 616
Merit: 500
November 16, 2016, 08:02:53 PM
#38
i'm taking signals on what to trade

today this is what my account is looking like on these trades

legendary
Activity: 1484
Merit: 1004
November 16, 2016, 07:57:47 PM
#37
Anyone tried or currently trading forex is it possible to make money on it?

There are many websites that offer forex trading but saying the truth I haven't researched enough to see if they really are legit and if they really pay(allow users to withdraw they money without any high fee) but I heard from people that they make good money but the risk is higher than in bitcoin.
A lot of research have been held about how people make money through trading
And the results surprisingly says that most of trader ended up losing
That was really make me disappointed at least
No matter what trading,  forex or crypto currency in the long run mostly always get lost .
legendary
Activity: 1526
Merit: 1001
November 16, 2016, 07:45:59 PM
#36
Anyone tried or currently trading forex is it possible to make money on it?

There are many websites that offer forex trading but saying the truth I haven't researched enough to see if they really are legit and if they really pay(allow users to withdraw they money without any high fee) but I heard from people that they make good money but the risk is higher than in bitcoin.
full member
Activity: 126
Merit: 100
November 16, 2016, 07:24:58 PM
#35
If anyone want to trade forex see my thread

https://bitcointalksearch.org/topic/earn-1000s-plus-a-month-on-forex-trade-copier-join-for-200-one-time-fee-1664883

This is what one of my students earned today
My profit at the moment and yes that is real


legendary
Activity: 3472
Merit: 10611
November 14, 2016, 12:36:50 AM
#34
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.
legendary
Activity: 1218
Merit: 1007
November 14, 2016, 12:26:03 AM
#33
Anyone tried or currently trading forex is it possible to make money on it?
You can make almost as much as you want if you have the capital to do so, and you play the long game and try not to day-trade against bots and the like. Forex is a difficult investment when it comes to the average man, assuming that they try to compete against the massive botnets and huge bankrolls filling the markets. Long-term investments in excess of a year are the easiest to -technically- make money off of.
full member
Activity: 126
Merit: 100
November 13, 2016, 11:25:00 PM
#32
Of course you can make money. You can also lose money.

The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.

Correct, if you can make money then you can lose too. There are friends I know that they lose money in forex. It is like gambling also, and you hve to control your greed. If you know you gain, take a rest and enjoy your profit.

Its not gambling. you think trillion of dollars traded a day without some sort of system. they need to make money too
full member
Activity: 126
Merit: 100
November 13, 2016, 11:03:57 PM
#31
Of course you can make money. You can also lose money.

The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.

Correct, if you can make money then you can lose too. There are friends I know that they lose money in forex. It is like gambling also, and you hve to control your greed. If you know you gain, take a rest and enjoy your profit.

The problem is that you dont know what may happen on the next seconds, i remember China news made their currencie up 200 pips and from no where droped 300 pips, this happened into 1 minute, and the platafform i used like etoro just frozen always on those and when returns it can eat your position or allow you to stay green. I dont know a bitcoin trusted broker soo if someone does have one let me know.

Trading on news day is always volatile. you need good risk management. the move your referring to is called a stop hunt. they grab contracts before they make their actual move. just look on every NFP news.

it is common for platform to freeze. it is not a coincidence either. it is done on purpose. they can't freeze your platform if you trade on your mobile
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