Can forex trading make you rich ?

Aug 14, 2015 at 03:17
Vues 25,568
771 Replies
Membre depuis Feb 07, 2022   posts 24
May 10, 2022 at 11:09
Depends entirely on your skills and knowledge.
Membre depuis May 10, 2020   posts 2
May 10, 2022 at 11:12
可以
Membre depuis May 10, 2022   posts 9
May 10, 2022 at 12:01
If I look at real-life examples, yes, forex trading can make you rich. But, do keep in mind that it's not an easy job to do.
Membre depuis Apr 03, 2021   posts 470
May 10, 2022 at 23:00
Eventually depending on each trader or manager fund skill and experience, forex trading can make many people become rich, but forex also can make any people become poor, there are hidden story certain trader want to suicide because get bankruptcy
Membre depuis Jan 22, 2021   posts 125
May 11, 2022 at 03:59
Yes, it can! But make sure you know how to trade the markets.
Membre depuis Oct 29, 2021   posts 70
May 13, 2022 at 05:30
If you have extraordinary trading skills, immense knowledge, experience, discipline, focused mindset, determination, and patience then definitely trading forex will make you rich.
Membre depuis Nov 02, 2021   posts 73
May 16, 2022 at 05:23
The answer can be both a yes and a no, depending on how you trade. If you are someone who trades with a good trading capital - around $10,000 or more, carefully analyses the news, charts and current happenings to set the trading strategy, has good savings, and uses leverage wisely, you will definitely build up your wealth by forex trading consistently in the long run.
Membre depuis Apr 25, 2019   posts 14
May 18, 2022 at 10:11
yeah, it really can make you rich, but it fully lies on your shoulders, you know... sometimes traders have a fake belief that trading is all about free and esy money. nah, it's nbot like that at all. trading is more about your personal efforts, knowledge and skills. if you will be able to understand the mechanics of trading, learn a lot and practice a lot you can potentially become rich due to trading, but rememebr that you have to overpass a looooong way.
this always makes traders being afraid of losses and fails. nothing terrible as to me. just do your business and never pay attention to difficulties.
delesh4889@
Membre depuis May 18, 2022   posts 4
May 18, 2022 at 13:41 (édité May 18, 2022 at 13:42)
AbbasAliKhan08 posted:
to be rich by Forex trading actually rarely found because only 2-3% TRADERS can do it.
forex can make you rich, but its very very difficult
Membre depuis May 18, 2022   posts 4
May 18, 2022 at 13:41
Felolune posted:
yeah, it really can make you rich, but it fully lies on your shoulders, you know... sometimes traders have a fake belief that trading is all about free and esy money. nah, it's nbot like that at all. trading is more about your personal efforts, knowledge and skills. if you will be able to understand the mechanics of trading, learn a lot and practice a lot you can potentially become rich due to trading, but rememebr that you have to overpass a looooong way.
this always makes traders being afraid of losses and fails. nothing terrible as to me. just do your business and never pay attention to difficulties.
I definitely agree with you
Membre depuis Apr 03, 2021   posts 470
May 18, 2022 at 22:30
All businesses can make people become rich, become retailer goods, buying and selling properties, selling ice cream, chicken fried, etc, all depending on how to manage the business, in the forex world, there are a million traders around the world, but not all of them get success, even more, many of them get in failure, each trader has own success story and fail story in their experience.
Membre depuis Jun 26, 2020   posts 327
May 19, 2022 at 07:25
i have been passing a long time in Forex trading but still i am not rich. this is my story
Membre depuis Jun 19, 2021   posts 49
May 19, 2022 at 21:24
tranle447 posted:
That is a very interesting question .

https://www.investopedia.com/articles/forex/073115/can-forex-trading-make-you-rich.asp

I am now on my way to getting rich with it. But I must trade all pairs at once. I now have a refined strategy where I can win 85% of the time. I just passed $700k in profits.
*I kill pips for fun.*
Membre depuis May 13, 2022   posts 23
May 23, 2022 at 11:25
Forex trading has the potential to make you rich, but it is not easy. Traders must put in a lot of effort to consistently improve their trading skills and gain a thorough understanding of the forex market.
Membre depuis Apr 14, 2022   posts 24
May 24, 2022 at 06:15
It’s difficult to say if forex will make anyone rich. If you have a good strategy and use leverage properly, you can significantly increase your profits.
Membre depuis Mar 23, 2022   posts 26
May 24, 2022 at 06:47
The answer to this question will vary from trader to trader. Not every trader understands the market correctly and is capable of making money. This is because not every trader is ready to learn and keep patience to see their strategies work.
Membre depuis May 13, 2022   posts 34
May 25, 2022 at 06:48
Forex can make you rich if you follow the rules, stick to the plan, and stay consistent.
Membre depuis May 13, 2022   posts 22
May 25, 2022 at 07:24
It can make you rich or bankrupt. Traders with the mindset of becoming rich won't, but those who accept that they probably won't and aim for a steady return, even if it's a few percent a year, will succeed in profitability and have a chance at becoming rich.
Membre depuis May 18, 2022   posts 24
May 26, 2022 at 07:34
If doing forex trading was enough for anyone to become rich, there would not have been any losing traders. And when there would not have been any losing traders, there would not have been any forex market.
Membre depuis May 18, 2022   posts 16
Jun 06, 2022 at 11:13
It can but there is no particular time that can be mentioned. Moreover, there is also no guarantee that you will be able to become rich in forex trading. Forex trading works differently for all traders. You better be prepared for the results in accordance with your skills and experience.
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