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Can forex trading make you rich ?

Abdielfx
Aug 21 2018 at 07:25
10 ieraksti
CarlosMZ posted:
FX trading can and will make you rich...
… especially if you're the broker ;)
True, forex trading makes broker always rich. but there are some traders also who are are getting rich by trading, but unfortunately no of such traders is very less.
allanshah13
Aug 22 2018 at 05:21
1 ieraksti
yes indeed forex trading can make you rich. but my question is BEING RICH is a very subjective matter. for me being rich can have a million dollars, for someone else it might be different. but everything can be possible in forex if a person learns to manage his portfolio with sheer dedication and strategy.
EddyEdgardo
Aug 22 2018 at 06:33
11 ieraksti
But where are these traders!!!!! Surely if FX is not a scam then there are hundreds of successful traders out there and it should be easy to get some good advice. But there are so many scams
danmulligan
Aug 22 2018 at 08:53
8 ieraksti
If you are smart enough and are the go-getter you can become rich doing anything why just forex trading? Ultimately it all boils down to your brain, aptitude, capabilties, skills, talent and knowledge. Mind you forex trading is not a guarantee of quick and easy profits. In fact it doesn't even work for a majority of people.
goyankees85
Aug 22 2018 at 08:54
118 ieraksti
Forex can make you rich for sure. Have a look at the latest account which I posted.




 Compound interest is the key to all of this and the only way to master that is to have a system which has rules set into place that can never be broken. Get past that and you will be much more than just a blogger.

Pielikumi

My avatar explains "social trading" perfectly.
LeadPellet
Aug 23 2018 at 06:18
11 ieraksti
I do not understand why you have shown the system above? it looks like you are using a high risk system which will eventually wipe out your account
Orangotang
Aug 23 2018 at 06:48
51 ieraksti
goyankees85 posted:
 Forex can make you rich for sure. Have a look at the latest account which I posted.




 Compound interest is the key to all of this and the only way to master that is to have a system which has rules set into place that can never be broken. Get past that and you will be much more than just a blogger.
why is the gain at -93%?
Prayer is the True Power that controls the World.
vontogr (togr)
Aug 23 2018 at 10:55
4862 ieraksti
Your trading can make rich a lot of people
Your broker
Your EA seller
Your courses seller
To make you rich you need a lot of effort which many people just cant do
goyankees85
Aug 24 2018 at 07:03
118 ieraksti
LeadPellet posted:
I do not understand why you have shown the system above? it looks like you are using a high risk system which will eventually wipe out your account

 TO show that one can be very rich in forex in a very short amount of time. Is that what this thread is about?
My avatar explains "social trading" perfectly.
LongVision
Aug 24 2018 at 07:41
254 ieraksti
goyankees85 posted:
LeadPellet posted:
I do not understand why you have shown the system above? it looks like you are using a high risk system which will eventually wipe out your account

 TO show that one can be very rich in forex in a very short amount of time. Is that what this thread is about?

This trading style will easily change you from riches to rags😀
The market will trade through it’s path of least resistance .
ChenChenGu
Aug 26 2018 at 06:13
6 ieraksti
looks like some kind of martingale system to me. that system only shows that even terrible systems can have good results sometimes
GreenTrades
Aug 27 2018 at 14:22
11 ieraksti
Well I would say that those who are stabbed hard by the markets can make them rich. Passion speaks.
Allan (Arcferreira)
Sep 05 2018 at 10:37
50 ieraksti
Greed is a human behaviour.
Sometimes I remember Douglas Adams and the computer to answer about everything in Universe. After 7 billion years, the answer was 42!
The question here is something like that... CAN FOREX MAKE YOU RICH?
Other questions: CAN MUSIC, TENNIS, OR ANYTHING MAKE YOU RICH?
The answer is clear, yes...
But the road isn't simple, because there isn't shortcuts...
I did a good money as a doctor. It was hard... Forex can make a good money too...but the learning curve is hard too...
Trade safely... Remember, a high Drawdown means a high risk!
Beeswax
Sep 06 2018 at 10:32
7 ieraksti
Why is this the case on your account?

Track Record Not Verified
Trading Privileges Not Verified
Beethoven9
Sep 10 2018 at 14:29
8 ieraksti
Is anyone on here actually rich from trading (and it not a scammer!!). Can you teach us how?
Allan (Arcferreira)
Sep 11 2018 at 14:50
50 ieraksti
Beethoven9 posted:
Is anyone on here actually rich from trading (and it not a scammer!!). Can you teach us how?

No. I didn't find anyone able to prove a reliable system. It is not difficult to double your money in 2-3 months using agressive trade.
The problem is sooner or later you will suffer a big loss. BLACK SWAN events are difficult to avoid... and your technical analysis go to hell. And your money either.

A 3-5% monthly is possible with 20-30% drawdown. It is 60% a year and after 10 years your money will grow 110x. Your 1.000 USD account will be 1.600 USD after 1 year and 110.000 USD.

BUT 3-5% monthly demands a lot of study.

I am able to achieve this after 3 years studying. It is enough to pay my vacations...
Trade safely... Remember, a high Drawdown means a high risk!
JamesAnderson
Sep 16 2018 at 06:19
31 ieraksti
If you have good experience in forex trading and knows all the forex trading tips and tricks and use all the tricks in forex trading then may be you rich

If you a begineer and plan to start forex trading, then before start trading read all forex trading tips and tricks
AmDiab
Sep 25 2018 at 07:32
718 ieraksti
JamesAnderson posted:
If you have good experience in forex trading and knows all the forex trading tips and tricks and use all the tricks in forex trading then may be you rich

If you a begineer and plan to start forex trading, then before start trading read all forex trading tips and tricks

I think, only tips & tricks are not enough here! If you want to make money (consistently) then you have to learn Forex, otherwise; there is no way.
korson
Sep 25 2018 at 08:02
12 ieraksti
yes forex can make you rich, but keep in mind it is not a get rich quick offer. To become successful here you need to clear verious stages and have to acquire sound trading skills, without skills it is impossible to make money here.
vontogr (togr)
Sep 25 2018 at 08:53
4862 ieraksti
You need to excel in Forex to become rich.
On the other hand if you excel in tennis you can become rich as well.
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