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Is forex is best source of income?

HeavenLeighGill (HeavLeighGill26)
May 04 at 14:43
377 posts
I think forex trading is one of the most potentially lucrative jobs someone can do from home, it certainly beats doing paid surveys and other time wasting methods. However, it isn't good for everyone and many do lose money doing it. It's only worth doing if you have time and effort to put into it and aren't looking for a quick buck.
Molabar
May 10 at 19:40
20 posts
Fx trading? Nah, of course, but it's one of the most available. I critically relate to FX trading because once it created for me lots of problems.
BUT
Recently I has overpassed th level of fear which I had in relation to fx trading and started trading again. These days I have a constant income and my daily profit is about 5-7%. It's better than nothing especially taking into consideration the fact that I faced difficulties in this activity.

Anyway, if you wanna reach results in fx trading you should work a lot and devote lots of time to this activity. I was wrong when I thought that trading is just a scam, everything was because of my ignorance and stubbornness.
GabrielFortran
May 16 at 04:28
14 posts
I would say yes. But don't bite more than you can chew. Start with small amounts (or even a demo account for a while) and once you get the hang of it then put some money aside to trade normally.
Hillartrading
May 16 at 08:15
32 posts
Yes but only if you have right amount of knowledge and skills.
Lelia Erdman (LeliaErdman)
May 18 at 11:39
3 posts
Forex is the best source of income because it is a highly profitable and well-known online business.
According to my opinion, the majority of people work on forex and earn a lot of money.
Because forex is a profitable business, most people use it to cover their family's expenses.
The best source of income is forex.
Seb King (sebking1986)
May 18 at 12:18
538 posts
The majority of people in forex earn a lot of money? You sure about that?
If you can't spot the liquidity then you are the liquidity.
CDOMarkets
May 19 at 07:44
3 posts
Trading in Forex involves a high level of risk. Before you go all out on your capital, or make trading your daily business, you should learn about the strategies fully.
Catch Desirable Opportunities
Imamul
May 19 at 10:34
740 posts
yes of course this is a good source of income when you observe all inevitable parts of trading
AbbasAliKhan08
May 19 at 11:30
62 posts
good source this is no doubt , just traders have to acquire good knowledge by learning. that's all.
vanessahemmings
May 19 at 14:12
4 posts
I wouldn't say that trading is the best income source, cause its too difficult. I would start with something else
Davidfx89
May 20 at 10:01
183 posts
yes agree, money management also important besides acquiring trading knowledge and experience.
AbbasAliKhan08
May 21 at 12:57
62 posts
what money management you use basically ?
Bransle
May 23 at 11:23
22 posts
Nah, I would say forex is a really good source of income but because of its increasing risks, it’s not the best there is.
Afterpiece
May 26 at 07:41
29 posts
It seems quite enchanting at first, but when someone enters the world of forex, then they realise how difficult and risky the game is. So I’d not use the term ‘the best source’, as it really depends on an individual, but there are so many risks involved in forex and the market is volatile and unpredictable, so it may or may not be the best source of income, it depends upon how someone perceives forex to be.
Teutomania
May 27 at 05:29
18 posts
No, that’s not true. Forex trading is cool but you can’t depend on it for a regular source of income. It’s risky and you can never be sure about the results you may get. So, it’s best to keep it as your secondary source of income.
parmesan
May 27 at 10:42
12 posts
Teutomania posted:
No, that’s not true. Forex trading is cool but you can’t depend on it for a regular source of income. It’s risky and you can never be sure about the results you may get. So, it’s best to keep it as your secondary source of income.

I agree with this 100%
davemack
Jun 02 at 05:56
78 posts
I wouldn’t call it the best source of income, rather one of the alternative sources of income because the market has a lot of risk and is more complex than you would think. Hence, it isn’t the best source of income but a great platform to earn from if you know what you are doing.
AndrewMcCalam54
Jun 02 at 09:00
132 posts
there is no platform who can bring profit without discipline and hardly dedication.
Trenchant
Jun 03 at 12:45
16 posts
No matter which profession in the world you choose for yourself, you will have to work for it. The harder you work, the better you earn. The same is the case with forex trading also. There is nothing like the best source of income in general; you find it for yourself.
Armisonant
Jun 08 at 05:39
24 posts
Fx can be a good source to earn money, not quick. It takes a lot of hard work and dedication to reach the end goal you set as you start. So set realistic expectations. Apply risk management strategies and watch out for opportunities that promise good profit.
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