Forex is profitable ?

Nov 10, 2017 at 11:03
16,267 Views
406 Replies
Member Since Sep 20, 2020   6 posts
Jan 14, 2021 at 21:46
There is a theory that says you become an expert after 10,000 hours doing something. If that is true, only those who remain persistent in their learning will be profitable.
"EVERY BATTLE IS WON BEFORE IT IS FOUGHT". SUN TZU.
Member Since Apr 09, 2019   9 posts
Jan 15, 2021 at 12:51
I don't see why it is so difficult to make a profit from day trading. Theories or just chats will not make you any profit and experience in day trading. People can spend hours, days, weeks to talk of how it is good to make a living from day trading or investing but in reality there will be just talk. Unless you get some money and put them into work you will not see any results. Like somebody who wants to learn to drive without a car.
Get simple strategy and start using real money say 5% out of your total investment account. after several investments (profit or loss does not matter) you will figure out how to make a profit from investment.
onebox@
Member Since Feb 04, 2021   31 posts
Feb 23, 2021 at 11:54
Yes it is, but only for those who have sufficient knowledge and skills to trade.
Member Since Oct 11, 2012   18 posts
Feb 23, 2021 at 12:10
And not one who answered this has long term profitable system shared 😅
Low Profile High Profit
Member Since Jul 19, 2020   751 posts
Mar 13, 2021 at 13:11
You need knowledge and capabilities to use that knowledge effectively. You also need a sound and composed mind that can remain emotionless while trading.
Member Since Jun 26, 2020   327 posts
Mar 14, 2021 at 06:27
Its hard to make sure the good broker as a newcomer but if we would make some research then we would be able to find out. But I think it is very important to join different brokers and observe like how to deposit and withdraw the money and what is the spreads and what is the kinds of account allowed.
Member Since Aug 10, 2021   178 posts
Nov 24, 2021 at 03:35
Yes, forex is a profitable business and you can make a lot of profit if you have good knowledge and skills.
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