Can forex trading make you rich ?

Aug 14, 2015 at 03:17
Przeglądane 26,711
771 Replies
Uczestnik z Dec 26, 2018   34 postów
Aug 15, 2019 at 17:08
Interest Ask ;)
I think it’s possible to make money, but only a few do it. You can count on one hand the number of successful brokers. The rest either do not want attention, or they simply do not exist.
I make money on Forex, but I am far from a dollar millionaire. If I become one, then I will write.
forex_trader_392414
Uczestnik z Jan 14, 2017   2 postów
Aug 18, 2019 at 22:30
Forex will not make you rich or poor, but your performance in it, if it can change your life
Uczestnik z Aug 12, 2019   7 postów
Aug 19, 2019 at 12:07
Forex is more likely to ruin you financially than make you rich. But there is a chance that you can get rich from Forex. That is why we all keep going
Uczestnik z Jun 02, 2019   4 postów
Aug 19, 2019 at 16:26
yes can its true forex make you rich
Uczestnik z Jul 31, 2019   28 postów
Aug 21, 2019 at 03:51
Bastion posted:
Forex will not make you rich or poor, but your performance in it, if it can change your life

True. Not just forex but every trading avenue has the potential of making us rich with the potential risk. Wise trader manages the risk.
Uczestnik z Apr 18, 2017   718 postów
Aug 23, 2019 at 15:22
jakes90 posted:
Bastion posted:
Forex will not make you rich or poor, but your performance in it, if it can change your life

True. Not just forex but every trading avenue has the potential of making us rich with the potential risk. Wise trader manages the risk.

No doubt on it! I think; anything more than 2% risk reward ratio would be very dangerous since, it’s decentralized market!
Uczestnik z Aug 11, 2017   886 postów
Aug 30, 2019 at 14:20
Yes I have seen according to my trading experience, in spite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So, we the traders who are particularly scalpers have to choose the broker that always ensures best trading environment for scalping by providing lowest trading spreads as well as minimum margin requirements.
Uczestnik z Apr 18, 2017   718 postów
Aug 30, 2019 at 16:43
Mohammadi posted:
Yes I have seen according to my trading experience, in spite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So, we the traders who are particularly scalpers have to choose the broker that always ensures best trading environment for scalping by providing lowest trading spreads as well as minimum margin requirements.

But I see; professional traders have a tend to make long term based trading! What do you think of?
Uczestnik z Oct 22, 2019   41 postów
Nov 27, 2019 at 06:27
Bastion posted:
Forex will not make you rich or poor, but your performance in it, if it can change your life
You said it right. Your hard work matters the most.
Uczestnik z Oct 24, 2019   45 postów
Nov 28, 2019 at 10:38
The good thing about forex business is that its an international ground , and it depends how do you participate in it.It depends how you plan your trade and how you implement with patience and continueity once you learn the trade technical moves and risk management you will start earning and enjoy the financial freedom.
Revenue is vanity, profit is sanity, but cash is king
Uczestnik z Sep 20, 2019   28 postów
Mar 22, 2020 at 10:20
I am not sure cause I really don't know super rich people from Forex entirely but I really do know what is what absolutely on that topic anyway. I hope there is something better than that anyway. People get rich on stock investing entirely.
Uczestnik z Nov 08, 2011   93 postów
Mar 23, 2020 at 00:30
Ask George Soros if forex can make you rich, he made over a billion dollars in a day
test the waters, before you dive in
Uczestnik z Mar 23, 2020   9 postów
Mar 23, 2020 at 11:37
livegood3 posted:
Ask George Soros if forex can make you rich, he made over a billion dollars in a day

He was a millionaire to start with and then got lucky shorting GBP. Statistically some millionaire out there will make it lucky and become billionaire. Most 'self made' billionaires are 10% skill and 90% luck. Sadly we are in a world where luck and inherited wealth cause massive income inequality
Uczestnik z Feb 22, 2011   4862 postów
Mar 23, 2020 at 12:04
princesslint posted:
livegood3 posted:
Ask George Soros if forex can make you rich, he made over a billion dollars in a day

He was a millionaire to start with and then got lucky shorting GBP. Statistically some millionaire out there will make it lucky and become billionaire. Most 'self made' billionaires are 10% skill and 90% luck. Sadly we are in a world where luck and inherited wealth cause massive income inequality

Yeah he made a big risk shorting GBP
He was indeed lucky and made a lot but he could made the same loss
Uczestnik z Nov 08, 2011   93 postów
Mar 23, 2020 at 18:12
princesslint posted:
livegood3 posted:
Ask George Soros if forex can make you rich, he made over a billion dollars in a day

He was a millionaire to start with and then got lucky shorting GBP. Statistically some millionaire out there will make it lucky and become billionaire. Most 'self made' billionaires are 10% skill and 90% luck. Sadly we are in a world where luck and inherited wealth cause massive income inequality

He was a millionaire, yes...and I doubt that billion dollar winner was his 1st go around in the forex market. He knew fundamentals and the best way to capitalize on it...the forex market
test the waters, before you dive in
Uczestnik z Mar 23, 2020   63 postów
Mar 24, 2020 at 08:16
I think profits depend on how we trade. Forex is not at all easy, no doubt the market definitely has a lot of opportunities for us, but how we tap them is what determines our earnings.
Uczestnik z Mar 16, 2020   10 postów
Mar 25, 2020 at 17:41
Cizel89 posted:
I think profits depend on how we trade. Forex is not at all easy, no doubt the market definitely has a lot of opportunities for us, but how we tap them is what determines our earnings.

I completely agree. If you take anything seriously you will become a pro. The same is true in forex.
JapaneseGroupFx
forex_trader_1153031
Uczestnik z Feb 28, 2020   77 postów
Mar 26, 2020 at 11:13
Trading can make you very rich if you can keep to risk management, I'm glad to be a trader.
Uczestnik z Jan 25, 2010   1360 postów
Mar 26, 2020 at 16:37
kimdeep posted:
yes can its true forex make you rich

Brighthouse posted:
Forex is more likely to ruin you financially than make you rich. But there is a chance that you can get rich from Forex. That is why we all keep going

Yes, I got lucky after ten years (Sep-Oct 2018: $50,000 - $13million)
Now at 11.5 years I think I finally have it: 400% per month = $3million by August 2020?

'The AMOUNT of money you have does not matter; what matters is the SYSTEM you use. No AMOUNT of money can save you if you have a bad SYSTEM. Conversely, if you have a good SYSTEM you can start with a small AMOUNT and easily become rich.' (Matthew Todorovski)

THIS IS NOT DEMO


Załączniki:

Uczestnik z Nov 08, 2011   93 postów
Mar 26, 2020 at 21:18
JapaneseGroupFx posted:
Trading can make you very rich if you can keep to risk management, I'm glad to be a trader.

Amen to that
test the waters, before you dive in
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