The actual answer relies on the traders who are directly involved in forex trading for a long year. For a wise trader, it's the best source of earning huge money. But for a beginner, it's quite uncertain.
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.
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.
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.
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!
I do think that forex is a great source of income for a lot of people, it has provided a great medium for many of us to earn money online. But how well we do it totally depends on our skills and hard work.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.