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Can forex trading make you rich ?
Mitglied seit May 10, 2022
9 Posts
May 10, 2022 at 12:01
If I look at real-life examples, yes, forex trading can make you rich. But, do keep in mind that it's not an easy job to do.
May 10, 2022 at 23:00
Eventually depending on each trader or manager fund skill and experience, forex trading can make many people become rich, but forex also can make any people become poor, there are hidden story certain trader want to suicide because get bankruptcy
Mitglied seit Jan 22, 2021
126 Posts
May 11, 2022 at 03:59
Yes, it can! But make sure you know how to trade the markets.
Mitglied seit Oct 29, 2021
69 Posts
May 13, 2022 at 05:30
If you have extraordinary trading skills, immense knowledge, experience, discipline, focused mindset, determination, and patience then definitely trading forex will make you rich.
May 16, 2022 at 05:23
The answer can be both a yes and a no, depending on how you trade. If you are someone who trades with a good trading capital - around $10,000 or more, carefully analyses the news, charts and current happenings to set the trading strategy, has good savings, and uses leverage wisely, you will definitely build up your wealth by forex trading consistently in the long run.
May 18, 2022 at 10:11
yeah, it really can make you rich, but it fully lies on your shoulders, you know... sometimes traders have a fake belief that trading is all about free and esy money. nah, it's nbot like that at all. trading is more about your personal efforts, knowledge and skills. if you will be able to understand the mechanics of trading, learn a lot and practice a lot you can potentially become rich due to trading, but rememebr that you have to overpass a looooong way.
this always makes traders being afraid of losses and fails. nothing terrible as to me. just do your business and never pay attention to difficulties.
this always makes traders being afraid of losses and fails. nothing terrible as to me. just do your business and never pay attention to difficulties.
delesh4889@
Mitglied seit May 18, 2022
4 Posts
May 18, 2022 at 13:41
(bearbeitet May 18, 2022 at 13:42)
AbbasAliKhan08 posted:
to be rich by Forex trading actually rarely found because only 2-3% TRADERS can do it.
forex can make you rich, but its very very difficult
Mitglied seit May 18, 2022
4 Posts
May 18, 2022 at 13:41
Felolune posted:
yeah, it really can make you rich, but it fully lies on your shoulders, you know... sometimes traders have a fake belief that trading is all about free and esy money. nah, it's nbot like that at all. trading is more about your personal efforts, knowledge and skills. if you will be able to understand the mechanics of trading, learn a lot and practice a lot you can potentially become rich due to trading, but rememebr that you have to overpass a looooong way.
this always makes traders being afraid of losses and fails. nothing terrible as to me. just do your business and never pay attention to difficulties.
I definitely agree with you
May 18, 2022 at 22:30
All businesses can make people become rich, become retailer goods, buying and selling properties, selling ice cream, chicken fried, etc, all depending on how to manage the business, in the forex world, there are a million traders around the world, but not all of them get success, even more, many of them get in failure, each trader has own success story and fail story in their experience.
Mitglied seit Jun 26, 2020
323 Posts
May 19, 2022 at 07:25
i have been passing a long time in Forex trading but still i am not rich. this is my story
Mitglied seit Jun 19, 2021
48 Posts
May 19, 2022 at 21:24
tranle447 posted:
That is a very interesting question .
http://www.investopedia.com/articles/forex/073115/can-forex-trading-make-you-rich.asp
I am now on my way to getting rich with it. But I must trade all pairs at once. I now have a refined strategy where I can win 85% of the time. I just passed $700k in profits.
*I kill pips for fun.*
May 24, 2022 at 06:47
The answer to this question will vary from trader to trader. Not every trader understands the market correctly and is capable of making money. This is because not every trader is ready to learn and keep patience to see their strategies work.
Mitglied seit May 13, 2022
33 Posts
May 25, 2022 at 06:48
Forex can make you rich if you follow the rules, stick to the plan, and stay consistent.
Mitglied seit May 13, 2022
22 Posts
May 25, 2022 at 07:24
It can make you rich or bankrupt. Traders with the mindset of becoming rich won't, but those who accept that they probably won't and aim for a steady return, even if it's a few percent a year, will succeed in profitability and have a chance at becoming rich.
Jun 06, 2022 at 11:13
It can but there is no particular time that can be mentioned. Moreover, there is also no guarantee that you will be able to become rich in forex trading. Forex trading works differently for all traders. You better be prepared for the results in accordance with your skills and experience.
