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Can forex trading make you rich ?
Aug 15, 2019 at 17:08
Uczestnik z Dec 26, 2018
29 postów
Interest Ask ;)
I think it’s possible to make money, but only a few do it. You can count on one hand the number of successful brokers. The rest either do not want attention, or they simply do not exist.
I make money on Forex, but I am far from a dollar millionaire. If I become one, then I will write.
I think it’s possible to make money, but only a few do it. You can count on one hand the number of successful brokers. The rest either do not want attention, or they simply do not exist.
I make money on Forex, but I am far from a dollar millionaire. If I become one, then I will write.
Uczestnik z Aug 12, 2019
7 postów
Aug 21, 2019 at 03:51
Uczestnik z Jul 31, 2019
28 postów
Bastion posted:
Forex will not make you rich or poor, but your performance in it, if it can change your life
True. Not just forex but every trading avenue has the potential of making us rich with the potential risk. Wise trader manages the risk.
Uczestnik z Apr 18, 2017
659 postów
Aug 23, 2019 at 15:22
Uczestnik z Apr 18, 2017
659 postów
jakes90 posted:Bastion posted:
Forex will not make you rich or poor, but your performance in it, if it can change your life
True. Not just forex but every trading avenue has the potential of making us rich with the potential risk. Wise trader manages the risk.
No doubt on it! I think; anything more than 2% risk reward ratio would be very dangerous since, it’s decentralized market!
Uczestnik z Aug 11, 2017
870 postów
Aug 30, 2019 at 14:20
Uczestnik z Aug 11, 2017
870 postów
Yes I have seen according to my trading experience, in spite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So, we the traders who are particularly scalpers have to choose the broker that always ensures best trading environment for scalping by providing lowest trading spreads as well as minimum margin requirements.
Uczestnik z Apr 18, 2017
659 postów
Aug 30, 2019 at 16:43
Uczestnik z Apr 18, 2017
659 postów
Mohammadi posted:
Yes I have seen according to my trading experience, in spite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So, we the traders who are particularly scalpers have to choose the broker that always ensures best trading environment for scalping by providing lowest trading spreads as well as minimum margin requirements.
But I see; professional traders have a tend to make long term based trading! What do you think of?
Nov 28, 2019 at 10:38
Uczestnik z Oct 24, 2019
45 postów
The good thing about forex business is that its an international ground , and it depends how do you participate in it.It depends how you plan your trade and how you implement with patience and continueity once you learn the trade technical moves and risk management you will start earning and enjoy the financial freedom.
Revenue is vanity, profit is sanity, but cash is king
Mar 22, 2020 at 10:20
Uczestnik z Sep 20, 2019
28 postów
I am not sure cause I really don't know super rich people from Forex entirely but I really do know what is what absolutely on that topic anyway. I hope there is something better than that anyway. People get rich on stock investing entirely.
Uczestnik z Mar 23, 2020
8 postów
Mar 23, 2020 at 11:37
Uczestnik z Mar 23, 2020
8 postów
livegood3 posted:
Ask George Soros if forex can make you rich, he made over a billion dollars in a day
He was a millionaire to start with and then got lucky shorting GBP. Statistically some millionaire out there will make it lucky and become billionaire. Most 'self made' billionaires are 10% skill and 90% luck. Sadly we are in a world where luck and inherited wealth cause massive income inequality
Uczestnik z Feb 22, 2011
4573 postów
Mar 23, 2020 at 12:04
Uczestnik z Feb 22, 2011
4573 postów
princesslint posted:livegood3 posted:
Ask George Soros if forex can make you rich, he made over a billion dollars in a day
He was a millionaire to start with and then got lucky shorting GBP. Statistically some millionaire out there will make it lucky and become billionaire. Most 'self made' billionaires are 10% skill and 90% luck. Sadly we are in a world where luck and inherited wealth cause massive income inequality
Yeah he made a big risk shorting GBP
He was indeed lucky and made a lot but he could made the same loss
Mar 23, 2020 at 18:12
Uczestnik z Nov 08, 2011
87 postów
princesslint posted:livegood3 posted:
Ask George Soros if forex can make you rich, he made over a billion dollars in a day
He was a millionaire to start with and then got lucky shorting GBP. Statistically some millionaire out there will make it lucky and become billionaire. Most 'self made' billionaires are 10% skill and 90% luck. Sadly we are in a world where luck and inherited wealth cause massive income inequality
He was a millionaire, yes...and I doubt that billion dollar winner was his 1st go around in the forex market. He knew fundamentals and the best way to capitalize on it...the forex market
test the waters, before you dive in
Mar 25, 2020 at 17:41
Uczestnik z Mar 16, 2020
10 postów
Cizel89 posted:
I think profits depend on how we trade. Forex is not at all easy, no doubt the market definitely has a lot of opportunities for us, but how we tap them is what determines our earnings.
I completely agree. If you take anything seriously you will become a pro. The same is true in forex.
Uczestnik z Jan 25, 2010
1288 postów
Mar 26, 2020 at 16:37
Uczestnik z Jan 25, 2010
1288 postów
kimdeep posted:
yes can its true forex make you rich
Brighthouse posted:
Forex is more likely to ruin you financially than make you rich. But there is a chance that you can get rich from Forex. That is why we all keep going
Yes, I got lucky after ten years (Sep-Oct 2018: $50,000 - $13million)
Now at 11.5 years I think I finally have it: 400% per month = $3million by August 2020?
"The AMOUNT of money you have does not matter; what matters is the SYSTEM you use. No AMOUNT of money can save you if you have a bad SYSTEM. Conversely, if you have a good SYSTEM you can start with a small AMOUNT and easily become rich." (Matthew Todorovski)
THIS IS NOT DEMO


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