In fact, you can earn very good money in trading. But, in many respects it depends on the size of the initial investment in the work.
There is no fixed amount a trader can make trading forex. Traders need to have a good amount of knowledge and sufficient practice to gain the right trading skills to be profitable in the long-run.
Every trader has expectation but the matter is that how many of them can concretize their dream to reality. Large expectation drives a person towards emotion, on the other hand, moderate expectation makes a person happy and this is true to the bone in the field of Forex.
asparagusmdMember Since Feb 28, 2022 9 posts
Mar 30 2022 at 09:24
Expect to make nothing. IN fact expect to make a loss. If you do any better than that then it is a bonus
There is no limit. Depending on your budget, how much you choose to invest and how long you hold a trade and how quickly you adapt to market change.
If you trade without knowing the right entry and exit points of trade and without using a risk management strategy, then I can tell you how much money you can lose. You can lose all that you trade with. Making profits in forex trading can only happen once you have enough knowledge and experience. Until then, work on managing your losses instead of dreaming about how much you can make.
The question is not entirely correct, because it depends on many parameters. For example, the minimum investment amount and the level of experience of the trader.
You can make really good money in trading. It is important to approach this as responsibly as possible.
You can earn absolutely different amounts, or you can lose money altogether. Here, the knowledge of the trader and the amount of investment play a key role.
There is no particular formula for measurement of earning money from forex ,it all depends on your work, strategies and experience.
BrienBookerMember Since Apr 14, 2022 32 posts
Apr 19 2022 at 10:38
There are no expectations.If you know the basics of the trading, you can make good amount. But before that you should practice it on the demo account, in order to earn good profits.
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