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Can forex trading make you rich ?

mlawson71
Jan 23 2018 at 15:29
1487 príspevkov
I think the long answer requires adding some caveats. Like that it will probably take a long time, if it happens at all.

DPG1968
Jan 24 2018 at 06:28
24 príspevkov
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.

Matt (BluePanther)
Jan 24 2018 at 09:46
1354 príspevkov
DPG1968 posted:
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.


You truly have words of wisdom.

I have wasted ten years chasing forex 'riches' and still have nothing.
I would have true riches by helping my fellow human. Real personal satisfaction.
I only have loneliness to show for all my efforts.

But enough sympathy-pains: surely I will get materially rich soon and then I can have the satisfaction of helping others...?
Am I deluding myself?

vontogr (togr)
Jan 24 2018 at 10:45
4862 príspevkov
DPG1968 posted:
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.


BS.
When you are rich you can afford freedom. Going to your daily job is no freedom.

DPG1968
Jan 24 2018 at 12:17
24 príspevkov
BluePanther posted:
DPG1968 posted:
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.


You truly have words of wisdom.

I have wasted ten years chasing forex 'riches' and still have nothing.
I would have true riches by helping my fellow human. Real personal satisfaction.
I only have loneliness to show for all my efforts.

But enough sympathy-pains: surely I will get materially rich soon and then I can have the satisfaction of helping others...?
Am I deluding myself?


Thanks Matt. You are not deluding yourself, though.

Happy Green Trading!

AmDiab
Jan 26 2018 at 16:43
718 príspevkov
DPG1968 posted:
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.


Definitely, it’s possible! Just we need to ensure first our trading skill; that’s it.

mlawson71
Jan 27 2018 at 14:57
1487 príspevkov
AmDiab posted:
DPG1968 posted:
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.


Definitely, it’s possible! Just we need to ensure first our trading skill; that’s it.


That is much easier in theory than it is in practice. Gaining trading skills, that is.

DPG1968
Jan 28 2018 at 09:35
24 príspevkov
Look at the number of the brokers. Look at the number of the forums' participants. There will be a never ending battle between the casinos (brokers) and the players (retail traders).

My personal advice after 15 years of trading the FX market: Fight or Flight.

mlawson71
Jan 28 2018 at 15:15
1487 príspevkov
DPG1968 posted:
Look at the number of the brokers. Look at the number of the forums' participants. There will be a never ending battle between the casinos (brokers) and the players (retail traders).

My personal advice after 15 years of trading the FX market: Fight or Flight.


Not all brokers are casinos and not all traders are gamblers, in my opinion.

DPG1968
Jan 29 2018 at 06:00
24 príspevkov
mlawson71 posted:
DPG1968 posted:
Look at the number of the brokers. Look at the number of the forums' participants. There will be a never ending battle between the casinos (brokers) and the players (retail traders).

My personal advice after 15 years of trading the FX market: Fight or Flight.


Not all brokers are casinos and not all traders are gamblers, in my opinion.


Of course not all the trader's are gamblers, but all the brokers are operating like the casinos otherwise they wouldn't stand a chance. They have an unquestioned edge: their selling spreads.

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