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Can forex trading make you rich ?

vontogr (togr)
Mar 23 2020 at 12:04
4862 комментариев
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

livegood3
Mar 23 2020 at 18:12
93 комментариев
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

Cizel89
Mar 24 2020 at 08:16
41 комментариев
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.

Nil2589
Mar 25 2020 at 17:41
10 комментариев
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.

Dwane47
Mar 26 2020 at 10:41
35 комментариев
According to me the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

Profits
JapaneseGroupFx
Mar 26 2020 at 11:13
77 комментариев
Trading can make you very rich if you can keep to risk management, I'm glad to be a trader.

Matt (BluePanther)
Mar 26 2020 at 16:37
1354 комментариев
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


Приложения:


livegood3
Mar 26 2020 at 21:18
93 комментариев
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

princeso2020
Mar 27 2020 at 12:40
3 комментариев
zackvz posted:
FxMasterGuru posted:
@CrazyTrader

Why...? Because there is no such thing as successful retail trader... It is an oxymoron...

P.S. And by 'successful' I don't mean buying Ferraris, Lamborghinis and yachts from profits, but living off comfortably from Forex profits for at least a year or two...


Yes there is...I am one. I live comfortably from my FX gains and my account balance is definitely considered 'retail'.

If you really think its impossible to trade successfully as a retail trader, then you have already failed by listening to all the garbage on the internet - including listening to me right now :)


yes i agree with you on this one, there are some successful retail traders but people fail to realize that to be a successful trader you need to master a very good trading system. To be a good trader one must take his /her time to learn trading strategies that suits him/her as a trader.

princeso2020
Mar 27 2020 at 12:56
3 комментариев
To be a successful fx trader one must have a very good trading strategy, making money in forex is real but without a good trading system it is practically impossible to be among the very few traders that are making it on a daily bases.

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