Can forex trading make you rich ?

Aug 14, 2015 at 03:17
31,544 Просмотры
780 Replies
Участник с Aug 17, 2022   79 комментариев
Sep 06, 2022 at 11:31
We should always know the fact that the foreign market is the largest and most liquid market in the world, but trading currencies is very different from trading stocks or commodities so to get rich while trading in forex one should take baby steps of learning and should set one goal in order to accomplish it, becoming rich would then come as gift. Chase the learning and work on outcomes.
Участник с Aug 17, 2022   38 комментариев
Sep 08, 2022 at 07:04
Yes, the forex market is so volatile that it gives you a fair chance to use your sharp analytical skills in your favour to earn big and become rich.
Участник с Feb 15, 2022   210 комментариев
Sep 18, 2022 at 10:14
There are two types of trading analyses, including technical and fundamental analysis. A trader should acquire efficiency in both technical and fundamental analysis.
Участник с Feb 16, 2022   65 комментариев
Sep 19, 2022 at 06:22
Long term trading is a kind of trading hardly favored by traders because it takes much time and comes with high trading risk.
Участник с Sep 14, 2022   39 комментариев
Sep 20, 2022 at 08:04
Forex trading can make you rich if you are smart with a great understanding of market movements, along with studying charts we should also know the time to enter or exit a position for the proper analysis.
Участник с Sep 06, 2022   26 комментариев
Sep 22, 2022 at 07:25
Forex trading can make you rich, but it won't happen overnight. You must understand how the market works, have some discipline, and be willing to put in the hours to learn. Forex trading is an easy business, but it is also an extremely competitive field. If you don't have the money to start out with or the skills necessary to compete with the big, then it may not be worth your time.
Участник с Aug 05, 2021   394 комментариев
Sep 22, 2022 at 16:25
I've always heard that wealthy people have income from multiple sources. I would start by trying to make money in forex, then use some of that money on business ventures or investments, like real estate or whatever interests you. In that sense, forex is like a stepping stone and one of your sources of income, but you can increase your potential to make life changing amounts of money if you use your profits wisely.
Участник с Feb 15, 2022   210 комментариев
Nov 27, 2022 at 13:03
Forex befools these people actually and I am saying it because those people don’t focus on developing their trading psychology and knowledge.
Участник с Jul 23, 2020   816 комментариев
Nov 27, 2022 at 18:35
Maintain flexibility in using leverage because the market doesn’t always offer good trading environment.
Участник с Apr 03, 2021   437 комментариев
Nov 27, 2022 at 22:37
All business has the potential to give rich depending on the individual skills. In forex trading, we have the same opportunities to become successful traders, but each trader is limited by skills, not all traders will become rich from forex because various factors including a number of capital and skills..
Участник с Jul 23, 2020   816 комментариев
Dec 11, 2022 at 14:34
Only learned traders should try live trading because verdant traders are not that much successful from forex trading.
Участник с Jan 21, 2022   57 комментариев
Dec 15, 2022 at 06:05
LyudmilLukanov posted:
Only learned traders should try live trading because verdant traders are not that much successful from forex trading.

Beginner traders should give themselves some more time to learn and get familiar with the nature of the market. Smart traders are made, not born.
Участник с Jan 05, 2025   6 комментариев
Jun 26 at 12:26

Your latency would be useless if you ain’t trading with a fast kinda strategy , why don’t you force on making money before VPs 

Участник с Dec 07, 2024   9 комментариев
Jun 26 at 13:06

Alone you cannot do anything. And never will be reach. Need to join or create good community of developers and Trading Soft testers. Market all time change and alone you will blow account soon or late  

Участник с Jun 25, 2025   12 комментариев
Jun 26 at 13:40
ProfitFXPIP posted:

Alone you cannot do anything. And never will be reach. Need to join or create good community of developers and Trading Soft testers. Market all time change and alone you will blow account soon or late  


and how do we tend to join that community

Участник с Jun 01, 2015   40 комментариев
Jul 03 at 16:27

there are many community here and on facebook... am mostly active on the facebook one though as get faster feedback

Work Hard Play Hard... Signal App(Google Play Store):
Участник с Jun 10, 2025   9 комментариев
Jul 07 at 08:12
slayeraeb posted:

there are many community here and on facebook... am mostly active on the facebook one though as get faster feedback


I completely agree—consistency beats thrill. My biggest gains came when I slowed down, focused on risk management, and held trades for days rather than seconds.

Участник с Jul 04, 2025   4 комментариев
Jul 08 at 12:38
theHand posted:
It's possible, but very unlikely.

The figures are published by the brokers. Here's an example: http://www.financemagnates.com/forex/brokers/exclusive-q4-us-retail-forex-profitability-report-ib-1-again-while-oanda-slipping/

Oanda had the most succesful client base at 50% profitability. It's dropped to about 30% since the VC got involved. I suspect the rule changes made the profitable clients leave. But 30% is more or less average. Of course over time it won't always be the same people who are profitable, meaning that there's probably a much smaller percentage that's conistantly profitable. Maybe 20% to 10%

The profitability of those traders are still a bell curve. A minority of them barely scrape by, there will be a mean profit for most of them and then at the other end of the scale you will find your top performers. Maybe 1% to 3%.

So yes, about 1% to 3% will get very rich from FX, the rest won't. Possible. But not probabale. And almost certainly not at retail level participation. You need money to do this. Lots of it.

Yes, I agree 100% with you.

Участник с Jul 04, 2025   4 комментариев
Jul 09 at 12:17
tranle447 posted:
That is a very interesting question .

http://www.investopedia.com/articles/forex/073115/can-forex-trading-make-you-rich.asp

Its almost ironical with forex trading. It can be the reason that you are financially independant in short time and also the opposite. I think they key is to stay patient and trust the process as well as your strategies.

Участник с Jul 08, 2025   1 комментариев
Jul 09 at 13:40

Forex trading can make you rich, but it’s definitely not a guaranteed path. I’ve traded for a few years now, and I’ve seen people blow accounts just as fast as they build them. The truth is, it takes serious discipline, risk management, and constant learning to grow an account steadily. Some traders do get wealthy, but most lose money at first. If you treat it like a real business, the rewards can be worth it.

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