Aaron Countee
(FaintToasted)
Členom od Jun 19, 2021
49 príspevkov
May 19 2022 at 21:24
tranle447 posted:
That is a very interesting question .
https://www.investopedia.com/articles/forex/073115/can-forex-trading-make-you-rich.asp
I am now on my way to getting rich with it. But I must trade all pairs at once. I now have a refined strategy where I can win 85% of the time. I just passed $700k in profits.
*I kill pips for fun.*
Familistery
Členom od Mar 21, 2022
29 príspevkov
May 20 2022 at 04:47
Yes, one can certainly build a fortune by trading forex! But whether it can make you rich or not depends on a lot of factors. The primary one is your trading knowledge. Moreover, it is very difficult to be consistent in trading. If you can keep the two aligned, then you can have a bright future ahead waiting for you.
Bransle
Členom od May 13, 2022
23 príspevkov
May 23 2022 at 11:25
Forex trading has the potential to make you rich, but it is not easy. Traders must put in a lot of effort to consistently improve their trading skills and gain a thorough understanding of the forex market.
Crotchet
Členom od Apr 14, 2022
24 príspevkov
May 24 2022 at 06:15
It’s difficult to say if forex will make anyone rich. If you have a good strategy and use leverage properly, you can significantly increase your profits.
Jiffyy
Členom od Mar 23, 2022
26 príspevkov
May 24 2022 at 06:47
The answer to this question will vary from trader to trader. Not every trader understands the market correctly and is capable of making money. This is because not every trader is ready to learn and keep patience to see their strategies work.
Zootaxy
Členom od May 13, 2022
26 príspevkov
May 24 2022 at 07:04
It can, but it won't be overnight, and you need to learn a lot of things before you can begin to expect getting rich; such as how to turn over a profit, how to ensure that you don't make heavy losses, that your money isn't going to waste, that you aren't being too emotional with your trades, etc.
Afterpiece
Členom od May 13, 2022
34 príspevkov
May 25 2022 at 06:48
Forex can make you rich if you follow the rules, stick to the plan, and stay consistent.
Teutomania
Členom od May 13, 2022
22 príspevkov
May 25 2022 at 07:24
It can make you rich or bankrupt. Traders with the mindset of becoming rich won't, but those who accept that they probably won't and aim for a steady return, even if it's a few percent a year, will succeed in profitability and have a chance at becoming rich.
Inessive
Členom od May 18, 2022
24 príspevkov
May 26 2022 at 07:34
If doing forex trading was enough for anyone to become rich, there would not have been any losing traders. And when there would not have been any losing traders, there would not have been any forex market.
Pendular
Členom od May 18, 2022
16 príspevkov
Jun 06 2022 at 11:13
It can but there is no particular time that can be mentioned. Moreover, there is also no guarantee that you will be able to become rich in forex trading. Forex trading works differently for all traders. You better be prepared for the results in accordance with your skills and experience.
SkaterFX
Členom od Jun 06, 2022
9 príspevkov
Jun 06 2022 at 11:17
Forex can make you rich but not for most people. For most people it is better to invest in a savings account or maybe stocks. FX is difficult and most fail
Nakedize
Členom od Dec 14, 2021
46 príspevkov
Jun 16 2022 at 07:33
I don’t think forex trading must be blamed for your losses when you can’t appreciate it for your profits. It’s always your skills that result in your profits and losses.
Washboard
Členom od Jun 02, 2022
32 príspevkov
Jun 17 2022 at 09:44
Forex is a highly volatile market and one should understand the risks and rewards before entering the market.
The forex market makes the traders who are able to survive the market and financially disturb the trader who is not.
The forex market makes the traders who are able to survive the market and financially disturb the trader who is not.
Furbelows
Členom od Jan 10, 2022
40 príspevkov
Jul 04 2022 at 04:08
Rich has a different definition for everybody! If you wish to become a millionaire, then yes forex, if done with right strategy and planning, can help you become that. But be ready to give in the hard work. It’s not a day’s task! You should honestly commit to it to see the results.
personifica_
Členom od Jun 28, 2022
21 príspevkov
Jul 28 2022 at 07:29
yes it can make you rich but you have to learn and see your limits as to when to stop and come out from the trading. Do not be greedy. Make your own strategy and you are good to go. Frame reframe your strategies and slowly and gradually you will yourself understand how to be more productive in this.
WhiteWitcher
Členom od Aug 19, 2021
74 príspevkov
Jul 28 2022 at 12:05
Oh of course each trader may be rich. The whole secret is that you have good capital from the very beginning. And also the brain, so as not to lose this capital. 😄😄😄
Do not forget that it is important to have a well-practiced trading strategy. Moreover, it is even necessary to constantly improve it. And also quickly react if the strategy starts to fail and you lose.
Do not forget that it is important to have a well-practiced trading strategy. Moreover, it is even necessary to constantly improve it. And also quickly react if the strategy starts to fail and you lose.
Ricochet
Členom od Jul 19, 2022
24 príspevkov
Aug 01 2022 at 09:20
It can but you can never be sure about how long it will take for you to get rich. It would be wrong to keep expecting to make gains all the time. Focus on the process and you will be good with your results automatically.
Catice
Členom od Jul 19, 2022
21 príspevkov
Aug 01 2022 at 09:54
If you are asking about a real way that can make you rich, then I don’t think I can help you with that. Forex trading is a risky venture and not all the traders are able to do well in the market. Most of them just come to the market to lose money. Your efforts determine the direction of your trades.
Julia
(JuliaEvans)
Členom od Jul 06, 2022
24 príspevkov
Aug 01 2022 at 10:04
Thanks for your question! I was also interested in this topic. It was interesting to read the answers and different opinions on this matter!