Forex is not a quick rich scheme. It needs experience and extensive knowledge to become successful. You cannot fix a number of trades that will make you profitable. Train yourself and practice as much as you can.
Yes, it is possible but it will be very risky because I will never get rich in one day and if anyone ever tries it then the consequences can be very bad. I had such hopes in my mind when I joined the new trading but those hopes were never fulfilled. You have to think logically. And money management must be noticed constantly. Yes, you can earn a lot of money by trading but it is very difficult to keep that money. So you should always keep a long time target and trade.
Of all my entire trading with different banks, I have not seen. But I know you can be a millionaire in a couple of weeks or in a year but with very huge starting capital I have been a millionaire several my in a couple of weeks some time months, but the money belongs to the banks I'm trading for.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.