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Can forex trading make you rich ?

xmhtr
Apr 23 2018 at 06:51
1 posts
Yes it can, with consistent profit. Takes discipline, knowledge, and patience though.

togr (togr)
Apr 23 2018 at 06:57
4862 posts
BluePanther posted:
AniLorak posted:
Yes, broker is an important issue here; but till now trading skill is much important and incomparable.


It doesn't matter how successful you are as a trader: you could be a 'George Soros trading prodigy' but if you use a Market Maker broker you will never win in the end. A Market Maker is a casino: you won't prevail against the house; the odds will always be stacked against you.

Choosing a broker with a transparent business model (ECN/STP) and in a well-regulated country is IMPERATIVE to level the playing field. Trading is a constant battle with the market - you don't need a broker that actively works against you also.

#1 Choose the right broker.
#2 Trade well.


well said

Mohammadi
May 02 2018 at 05:40
852 posts
In Forex , Trading in style of gambling is much dangerous where trader not plans what he should do he does trading for sake of do or die. It is not good way of trading. it can be managed with different ways if you want , but gambling is a way to loss.

TiffanyK (TiffanyK)
May 03 2018 at 09:13
427 posts
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D

Hahaha Exaclty !

Accept the loss as experience
BaldoN (BaldoN)
May 03 2018 at 13:46
522 posts
TiffanyK posted:
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D

Hahaha Exaclty !


or a share holder :)

togr (togr)
May 03 2018 at 14:35
4862 posts
BaldoN posted:
TiffanyK posted:
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D

Hahaha Exaclty !


or a share holder :)


Share holder do not make as much money as good forex trader.

Orangotang
May 04 2018 at 12:21
51 posts
Elitefxsniper posted:



It was fun to read all these posts ...
You're all crying, how hard ...
But what's easy? Is it easy to win the Olympic Games ?
...Success in any field is always difficult.

STOP CRYING !
JUST DO IT )))


well put there is no shortcut to success anywhere except maybe winning the lottery

Prayer is the True Power that controls the World.
Orangotang
May 06 2018 at 05:55
51 posts
BluePanther posted:
DPG1968 posted:
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.


You truly have words of wisdom.

I have wasted ten years chasing forex 'riches' and still have nothing.
I would have true riches by helping my fellow human. Real personal satisfaction.
I only have loneliness to show for all my efforts.

But enough sympathy-pains: surely I will get materially rich soon and then I can have the satisfaction of helping others...?
Am I deluding myself?
i can attest to this almost clocking my 10th year and still i have nothing to show for my effort what a bammer. I hate forex and love it at the same time.

Prayer is the True Power that controls the World.
Orangotang
May 06 2018 at 05:55
51 posts
AniLorak posted:
Pikasso posted:
forex can make you rich if you will trade systmatically with low risks and it is better if your trading system is automated. It will exclude human factor to break the rules.
Have you ever seen any successful trader with the automatic trading system? I’m asking because, I see all of successful Forex traders trade manually!
i alson noticed this thats why i steer of EAs.

Prayer is the True Power that controls the World.
Orangotang
May 06 2018 at 05:55
51 posts
livegood3 posted:
I earn over $6600 today with larger volume trades on GBPUSD, Im not rich but hey, it pays a heck of a lot more pay then my day job
i cant wait for the day i will be closing such a position in a day,. though am confident it will be very soon

Prayer is the True Power that controls the World.
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