Can forex trading make you rich ?

Depends entirely on your skills and knowledge.

可以

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.

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

Yes, it can! But make sure you know how to trade the markets.

If you have extraordinary trading skills, immense knowledge, experience, discipline, focused mindset, determination, and patience then definitely trading forex will make you rich.

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.

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.

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

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

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.

i have been passing a long time in Forex trading but still i am not rich. this is my story

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.

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.

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.

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.

Forex can make you rich if you follow the rules, stick to the plan, and stay consistent.

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.

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.