Forex is a very good source of income but it takes some time for traders to reach a stage where they start getting consistent profits. You can make good money through forex but it requires a lot of patience, hard work and knowledge.
teadragon1 posted: Forex is great way of making money if you can make it work. If not, you will lose everything. So it is very high risk - high reward
Indeed yes, making money in forex only depends on the trader himself, if he will perform his trades with knowledge and proper research then he can definitely make profits, if he will let his greed in then except losses, he can’t get anything.
Yes it can be a good source of income, like any other business, as a business man/woman, you do not want to run a solo businnes, and in turn expect to live through it on a daily, monthly or yearly basis. Especially in a risky business like forex, outcome is not certain until achieved, so you will need to create other businesses so you do not trade with a heat that you must be paying expenses with trading profits following month.
Forex have been my best source of income and full time, managing other people's money too makes it much more of incomes for me, just be a deciplined trader and you will have profits always on your feet.
posted: Forex have been my best source of income and full time, managing other people's money too makes it much more of incomes for me, just be a deciplined trader and you will have profits always on your feet.
This is the best source of income if you have proper knowledge and skills.
I can allege that yes, forex trading is one of the best sources of income. Of course, it requires plenty of time to dedicate to this activity to start earning good money, nevertheless every activity requires some time to start sort out in all peculiarities of it. Every trader knows that only if you have a serious approach to trading, you will be able to start earn good sums of money. No doubts, that you will perhaps lose enough money on your way to reach success, nevertheless everything is compensated by the amounts of money which you will get in future. Never let your emotions get you down, whatever happens with you. If you lose all your money, try once again but remember that we have to learn on our mistakes.
I would state that forex trading is considered to be one of those activities which can generate money for you. Of course, nowadays there are plenty of activities, especially in the internet, which can also bring you money, nevertheless, forex trading remains one of the most popular, it attract plentyof people daily. To my mind, the matter here is not to pay attention to money on your first steps in forex, because as a rule novices lose more than earn and it's really okay. They shouldn't take it serious because it's just a learning which will definitely turn into good money in future.
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UPOZORNĚNÍ NA VYSOKÉ RIZIKO: Obchodování s devizami přináší vysokou úroveň rizika, které nemusí být vhodné pro všechny investory.
Páka vytváří další rizika a ztráty. Než se rozhodnete obchodovat s devizami, důkladně zvažte své investiční cíle, úroveň zkušeností a toleranci vůči riziku.
Můžete přijít o část nebo všechny své počáteční investice. Neinvestujte peníze, které si nemůžete dovolit ztratit. 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.
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