Forex is profitable ?
dvid
Členom od May 23, 2018
5 príspevkov
May 28 2018 at 12:16
As I read here somebody wrote here that Forex can make you rich over years but can make you broke in just hours. I couldn't have written down better myself. Also it mostly depends ENTIRELY on YOURSELF. If you trade with discipline then your trades will be profitable, but not every each of them. Learn a practice a trading strategy. After you have mastered it on a demo then try it out on a Live account to see if you can actually work with it.
ema123
Členom od Feb 02, 2017
32 príspevkov
Jun 01 2018 at 13:42
Yes Forex trading is profitable only if you know how to trade. No doubt it has a great profit potential but at the same time it is very risky and requires experience, skills to earn such profit. Forex trading is not just about, you decided and start trading. Forex trading seems very simple but you actually need to put a lot of efforts to be good traders. You can simply start with understanding the market, have the knowledge of the market, how it works, how to implement trading strategies, market psychology.
vontogr
(togr)
Členom od Feb 22, 2011
4862 príspevkov
Jun 03 2018 at 06:15
dvid posted:
As I read here somebody wrote here that Forex can make you rich over years but can make you broke in just hours. I couldn't have written down better myself. Also it mostly depends ENTIRELY on YOURSELF. If you trade with discipline then your trades will be profitable, but not every each of them. Learn a practice a trading strategy. After you have mastered it on a demo then try it out on a Live account to see if you can actually work with it.
Yeah also even good trader can lose all capital due to broker bankruptcy or other broker issue.
Adribaasmet
Členom od Aug 27, 2017
897 príspevkov
Jun 03 2018 at 06:27
dvid posted:
As I read here somebody wrote here that Forex can make you rich over years but can make you broke in just hours. I couldn't have written down better myself. Also it mostly depends ENTIRELY on YOURSELF. If you trade with discipline then your trades will be profitable, but not every each of them. Learn a practice a trading strategy. After you have mastered it on a demo then try it out on a Live account to see if you can actually work with it.
Yes I agree with you but I don’t believe, Forex is a shortcut way of money making! It’s a knowledge based profession, so when you have enough knowledge only then you will be able to make decent amount of money.
Matt
(BluePanther)
Členom od Jan 25, 2010
1344 príspevkov
Jun 03 2018 at 10:11
Adribaasmet posted:
Yes I agree with you but I don’t believe, Forex is a shortcut way of money making! It’s a knowledge based profession, so when you have enough knowledge only then you will be able to make decent amount of money.
Get the right system and you will make money - no experience, only limited knowledge (the right knowledge):
https://www.investopedia.com/articles/trading/08/turtle-trading.asp
vontogr
(togr)
Členom od Feb 22, 2011
4862 príspevkov
Jun 04 2018 at 10:42
BluePanther posted:Adribaasmet posted:
Yes I agree with you but I don’t believe, Forex is a shortcut way of money making! It’s a knowledge based profession, so when you have enough knowledge only then you will be able to make decent amount of money.
Get the right system and you will make money - no experience, only limited knowledge (the right knowledge):
https://www.investopedia.com/articles/trading/08/turtle-trading.asp
Well done
Audrey Collins
(audreycolln)
Členom od Apr 09, 2018
9 príspevkov
Jun 04 2018 at 11:00
Of course it is profitable. But it depends on how you tread the path of forex trading. If you want steady, long term gains then that would require years of experience with forex market, right trading strategies and knowing how much is too much
magforex
Členom od Jan 29, 2017
1 príspevkov
Jun 05 2018 at 07:03
Yes! this has become my bread and butter business since I started become profitable for so many years now 😁
emily_smith
Členom od May 10, 2018
22 príspevkov
Jun 06 2018 at 06:08
magforex posted:
Yes! this has become my bread and butter business since I started become profitable for so many years now 😁
For how long you have been trading in Forex?