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Is forex is best source of income?
Mitglied seit Apr 09, 2019
516 Posts
May 18, 2022 at 12:18
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.
Mitglied seit Apr 04, 2022
3 Posts
May 19, 2022 at 07:44
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
Mitglied seit May 18, 2022
4 Posts
May 19, 2022 at 14:12
I wouldn't say that trading is the best income source, cause its too difficult. I would start with something else
Mitglied seit May 13, 2022
33 Posts
May 26, 2022 at 07:41
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.
Mitglied seit May 13, 2022
22 Posts
May 27, 2022 at 05:29
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.
May 27, 2022 at 10:42
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%
Jun 02, 2022 at 05:56
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.
Mitglied seit Jun 12, 2021
132 Posts
Jun 02, 2022 at 09:00
there is no platform who can bring profit without discipline and hardly dedication.
Jun 03, 2022 at 12:45
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.
Mitglied seit Jun 02, 2022
24 Posts
Jun 08, 2022 at 05:39
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.
Jun 13, 2022 at 10:01
It can be a good source of income only if you learn constantly and improve your techniques by using the tools available to make good regular profit. To those who do not understand the importance of risk management, they will fail horribly.
Jun 14, 2022 at 10:09
You can make money from the forex market only if you are well-versed with all its concepts. If you're already familiar with the forex market, you'll be able to make more money. Forex trading comes with a high degree of risk, so only those who have a good deal of experience and skill in trading can achieve success in it. So, if you want to make money trading forex, you'll need to keep up with the latest trends but at the same time have a strong foundation of the basics of forex.
Jun 15, 2022 at 05:55
Forex trading is surely a rewarding career but it may not be the one for everyone. You should have some risk bearing capacity to become a forex trader. Also it takes some time to become profitable. Trading is not an easy job but you can find an edge with knowledge and skills.
Mitglied seit Apr 18, 2019
2 Posts
Jun 21, 2022 at 14:48
Forex is like any other business or work, the way you have good lawyers and bad ones good engineers and bad ones so also you have good traders and bad ones. It all depends on you.
Only sell gives great money
Jun 21, 2022 at 15:07
TraderProHungary posted:richard2 posted:
I believe best side income but not one to sustain a life. Its risky and with it you can depend on livelihood at all times.
I don't agree with this, Good capital and Strict money management and you are good, don't wait till I upload 6 years history with with withdrawals before you get serious and know that most of us trade for a living
Of course, Forex is open to all; but don’t count this money making opportunity as an easy option! Forex is so much difficult, here more than 90% traders are the losers!
Mitglied seit Jun 12, 2021
132 Posts
Jul 01, 2022 at 12:03
with no skill and hard work there is no way to bring success from this place.
