Can forex trading make you rich ?

Money does not just come that easy. If you plan on getting rich throughforex then you are thinking wrong. To get to that level you ned money and I mean a lot of money. You can get a lot of money from forex if you do not already have a lot of money. There is still no guarantee because when you do not know how to trtade properly then you will lose it all.

No it cannot make you rich. Forex is not a predictable kind of business. Trades will not always go the way you want them to. It is like a probability chart. The chances of successful trades depends on how well you are good at predction which apparently people are not so good at.

Skilled forex traders, can get rich provided that have great discipline and firm risk management.

I said it once, and I will say it again. George Soros made a BILLION dollars in a single day. That trade wasn't his 1st rodeo. He knew how to trade forex market very well after years of doing it, and he had good knowledge of market fundamentals. Both are requirements in order to 'get rich' in forex I believe.

Can forex trading make you rich ?

We are already rich, but the money has been stolen from us:

Yes, theoretically it can, but it's unlikely. The thing is that there are a lot of traders now, but there are not many good ones. About 90% of traders do not know what a good trader knows and makes money on it. I would rather consider trading as a way of additional income, than as a main job and a way to get rich. Especially if you are not sure of your skills and knowledges...

Разбогатеть на валютном рынке Forex, на мой взгляд, можно. Но для этого нужны условия. Для трейдера, я думаю, нужны такие условия:
- иметь хорошие навыки и опыт (от 5 лет) работы трейдером;
- иметь рабочую надёжную высокодоходную торговую стратегию;
- иметь железную волю, всегда выполнять правила торговли, не допускать грубых ошибок.
При наличии хорошей торговой стратегии и стартового депозита в 3-5 тысяч долларов успешный трейдер может сделать состояние за 3-5 лет (ИМХО).
Для инвестора надо найти трейдера, который обладает качествами, перечисленными выше. Всем больших профитов.

Hello! Easy reach! If you have 40-50% of profitable trades. Read this book

'trading in zone' mark douglas

Tovash posted:
Разбогатеть на валютном рынке Forex, на мой взгляд, можно. Но для этого нужны условия. Для трейдера, я думаю, нужны такие условия:
- иметь хорошие навыки и опыт (от 5 лет) работы трейдером;
- иметь рабочую надёжную высокодоходную торговую стратегию;
- иметь железную волю, всегда выполнять правила торговли, не допускать грубых ошибок.
При наличии хорошей торговой стратегии и стартового депозита в 3-5 тысяч долларов успешный трейдер может сделать состояние за 3-5 лет (ИМХО).
Для инвестора надо найти трейдера, который обладает качествами, перечисленными выше. Всем больших профитов.

Maybe, but don't count on it. I can't name how many people went with that kind of mindset to the forex market and they lost everything because they didn't respect the game. They were trying to make their own rules because 'they know everything'. well guess what. they got humiliated. to trade forex you also need to keep your head down.

No. not at any cost. It's a side job and to actually be rich you have to be sort of a genius or something. Well. That's my opinion.

I feel like it highly depends on how much you know about trading and it can make you huge profits or losses at the same time as it is a 50-50 deal.So everyone should try their luck on forex trading as it might prove to be a good trade for you.

the maximum result from Forex is not an easy task even though many of us try to make money easily . first of all you have to acquire most powerful analyzing trade knowledge which is the key to success in Forex. On the other hand despite of having most powerful analyzing trade knowledge it is not possible to achieve success without having a reliable support, because the broker can affects the result of our trading with certainly.

It depends on how much you need for happiness, and everything is quite real.

Of course it can!
We develop trading advisors that bring good profit. Look at the reports. https://www.myfxbook.com/members/grisly

if you have any questions I will be happy to answer

Yeah, it can make you rich. But not fast. You should remember, that Forex is a long term game. You can earn a lot overnight - but it's unlikely. If you want to earn money - you should play it smart.

It is definitely possible to become rich through currency trading. However, it cannot happen overnight. It can take years for a retail trader to grow a small trading account into a big one. And there is always a risk of losing it all.

You can become rich but slowly and steadily. If you keep working on grasping more knowledge it will help you to make profitable trades. Practice as much as you can. Don’t fall into false hopes of only profits. You will make losses as well as profits. Keep on going to become a successful trader.

To get rich quick in this world you either need to inherit, win or be given money. For the rest of use we need to focus on getting rich slow. Start a 10 year plan and aim to be 'wealthy' after those 10 years. Then start a new 10 year plan and aim to be rich. The more money you have the easier it is to accumulate more money.

Yes, forex trading can make you rich. but you need to have proper knowledge about the market. Without knowledge, it is quite impossible to survive in this risky market.