To be honest, you can’t compare Forex trading business with any other profession! No doubt, Forex trading business is the most flexible profession in the world! I have only one year trading experience and right now I’m earning more than 20% profit, and I get my profit instantly just when I make a withdrawal call, that’s way I like most my trading profession!
i know a couple of people that got rich through trading fx and futures. it's been a very lengthy and painful process for all of them though. and there's no guarantees. actually wrote a blog post on this if you wanna check it out sickoftrading.blogspot.com/2017/09/how-i-became-profitable-daytrader-and.html
I don’t know why people give up Forex because of lacking exact trading knowledge. At present there are many kinds of sources to learn Forex in a proper way. Just need the trader’s patience to acquire real trading experience by passing a long time.
Forex trading is most comfortable and suitable place to earn money in a proper way, but you have make sure some mandatory rules for that . but practically mostly traders are loser from here due to lack of exact trading knowledge which is the key to success in this volatile trading place. Besides good trading knowledge it is also important to ensure proper trading plan , money management , risk management and obviously a reliable support from a credible trading broker.
There is no guarantee whether it would make you rich or lose whatever you have. It is a very long journey that needs a lot of effort and determination. You cannot think of making the money and become rich immediately. If you love trading you need to be determined and most important you should have the back up money which you can afford to lose and should not affect your life.
Of course forex has the capacity to make you very rich. A lot of traders having seen for themselves the lucrativeness of the forex have abandoned their well paying jobs to focus on this financial market. If you learn your demo well perfecting your trading strategy with commendable money and risk management; you could go make a good income from trading the forex market.
Many people here say the right thing about successful strategies,correct money management and more. And all of them are right. But there is a very large BUT. No matter what excellent strategy you come up with, it will not insure against market changes. And money management is not always successful, if you are novice and do not have enough experience in this. And even if you are a professional this does not always protect you. From the large losses in this market you can't escape. Therefore, it is very difficult to get rich here. I would rather advise you to do something in real life and not spend your whole life in the Forex.
ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores.
El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo.
Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda.
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