Is forex is best source of income?

Not for all, but for me fortunately yes :)

Of course, forex trading can be the best source of income. Trading is very difficult, but if you trade with proper knowledge, it will not take long to make a profit. It is possible to earn a lot of money from Forex if you can develop trading skills.

Absolutely, forex is all about the right knowledge, skill and strategy. The one who is able to get a hold of all this, is surely going to be successful at forex trading.

Just 20% of forex traders receive stable income, to work just on forex, it can take many years before you will see income.
but if you found any good expert advisor, it will be very good passive income.

Forex can surely be a good source of income only if you have gained enough skills, knowledge are have a good capital to invest. When you invest more, just like any other multiplier, the profit gets multiplied many times.

Yes. Forex is the best source of earning money If you have proper knowledge about the market, you can easily make money from this market.

It depends on how much you know, and if you are confident about using strategies that will help you make profits. Having the necessary skills and applying them to the best of your interest can work well for you.

If you actuall intend to make forex you source of income, start with a good capital. My first fund although not funded by me but client was 150k for a sharing profits, then after a year he introduced me to firm that hired me, that was over 20 years ago. Just a good capital and you are good with good returns. I have a lot of people apart from me who forex is now source of income. I really don't see my self doing any other thing apart from trading now, I have a lot of responsibilities to keep my clients happy each month, in return they keep me happy by paying me after withdrawal.So been in it for the past 20 years that I don't see any other thing to do. If you can be making continuous profits in forex, you actually see its fun to do and repeat all over again. That is my joy in this, I intended playing football back then, but I get more than what i need in trading and I lost interest in playing football. It's all about the Benjamins, if i could get it trading, why bother myself again?

When you already have some knowledge, have chosen a good broker and developed good strategies, is it really possible to reach the level of a certain income?

Bunaya posted:
When you already have some knowledge, have chosen a good broker and developed good strategies, is it really possible to reach the level of a certain income?

Yes, with reasonable start up funds, you should be earning great.

In my case? Yes undoubtedly.

Forex and day trading in general is a great way to earn...if you can actually make profit. Sadly many lose money but if you can get consistent profit it is an amazing way to earn

wirymace posted:
Forex and day trading in general is a great way to earn...if you can actually make profit. Sadly many lose money but if you can get consistent profit it is an amazing way to earn

True talk.

Bunaya posted:
When you already have some knowledge, have chosen a good broker and developed good strategies, is it really possible to reach the level of a certain income?

Of course, i get income just from forex more than 10 years, i'm forget what is job.

Firstly, forex trading was an additional source of income for me. But now, it has become my full-time source of income.

Rosstaylorr posted:
Firstly, forex trading was an additional source of income for me. But now, it has become my full-time source of income.

Oh is it? Good to hear that. What's the best tip you'd like to share with us?

If forex is your main source of income and you are able to make a consistency profit in that, then absolutely, it is a best source of income.

Forex is a good source for making money, only if you are willing to work hard and learn to use that knowledge to the best of your interest. It is a gradual process but you will only get there by utilizing your knowledge and skills.

I stand for forex, pays my bills, invested too in other investments through the money I got paid monthly by my various clients, and yes, no forex, then you know I'm out of job lolz.