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Can forex trading make you rich ?
Jun 06, 2022 zamanından beri üye
9 iletiler
Jun 06, 2022 at 11:17
Jun 06, 2022 zamanından beri üye
9 iletiler
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
Dec 14, 2021 zamanından beri üye
46 iletiler
Jun 16, 2022 at 07:33
Dec 14, 2021 zamanından beri üye
46 iletiler
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.
Jun 02, 2022 zamanından beri üye
32 iletiler
Jun 17, 2022 at 09:44
Jun 02, 2022 zamanından beri üye
32 iletiler
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.
Jan 10, 2022 zamanından beri üye
40 iletiler
Jul 04, 2022 at 04:08
Jan 10, 2022 zamanından beri üye
40 iletiler
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.
Jun 28, 2022 zamanından beri üye
21 iletiler
Jul 28, 2022 at 07:29
Jun 28, 2022 zamanından beri üye
21 iletiler
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.
Aug 19, 2021 zamanından beri üye
227 iletiler
Jul 28, 2022 at 12:05
Aug 19, 2021 zamanından beri üye
227 iletiler
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.
Jul 06, 2022 zamanından beri üye
24 iletiler
Aug 01, 2022 at 10:04
Jul 06, 2022 zamanından beri üye
24 iletiler
Thanks for your question! I was also interested in this topic. It was interesting to read the answers and different opinions on this matter!
May 02, 2022 zamanından beri üye
38 iletiler
Aug 01, 2022 at 11:50
May 02, 2022 zamanından beri üye
38 iletiler
Yes, Forex can make you rich. It is challenging but not impossible. It mainly depends on how well you trade, your experience, forex knowledge, strategies, risk management, persistence, alertness, etc.
Jul 19, 2022 zamanından beri üye
22 iletiler
Aug 02, 2022 at 10:52
Jul 19, 2022 zamanından beri üye
22 iletiler
There is no guarantee of a trader getting rich with forex trading. It’s in his hands how he performs to take advantage of the forex market. Sometimes, strategies would work and sometimes they would fail. It’s you who has to keep working and finding ways of staying in the market for the longest time.
Jul 26, 2022 zamanından beri üye
49 iletiler
Aug 04, 2022 at 07:30
Jul 26, 2022 zamanından beri üye
49 iletiler
Yes, forex trading can make you rich but you need to have proper knowledge about the trading strategies. Plus you should be consistent in your trading journey.
Aug 06, 2022 zamanından beri üye
17 iletiler
Aug 06, 2022 at 08:17
Aug 06, 2022 zamanından beri üye
17 iletiler
Yes, if you place winning trades.
Sep 20, 2019 zamanından beri üye
28 iletiler
Aug 17, 2022 at 19:59
Sep 20, 2019 zamanından beri üye
28 iletiler
I think any business that brings in money can make you rich.
It all depends on two things:
1. How much at most it can bring in;
2. What level of expertise you have.
As far as we know, Forex market has no limit on profits. It all depends on the volatility of the market, the size of the deposit and your trading strategy. So if you want to make a million, it is possible.
What about expertise... This is an important thing.
You have to understand 100% of the market, have several profitable trading strategies, and be a true professional.
In this case success is guaranteed!
So. Forex market can really make you rich.
Not many traders can do it.
It all depends on two things:
1. How much at most it can bring in;
2. What level of expertise you have.
As far as we know, Forex market has no limit on profits. It all depends on the volatility of the market, the size of the deposit and your trading strategy. So if you want to make a million, it is possible.
What about expertise... This is an important thing.
You have to understand 100% of the market, have several profitable trading strategies, and be a true professional.
In this case success is guaranteed!
So. Forex market can really make you rich.
Not many traders can do it.
Apr 03, 2021 zamanından beri üye
470 iletiler
Aug 17, 2022 at 23:52
Apr 03, 2021 zamanından beri üye
470 iletiler
Just works like another business, there are people get success and become rich, there are people get fail and maybe losing money, included forex business, some people maybe get rich from forex industry, but some other people maybe get fail and losing money in trading, it will depends on our capability and destiny
Aug 17, 2022 zamanından beri üye
80 iletiler
Aug 18, 2022 at 04:45
Aug 17, 2022 zamanından beri üye
80 iletiler
If you are an exceptionally good Forex trader, this could make you wealthy. But one should know when to enter and exit the market.
Aug 17, 2022 zamanından beri üye
60 iletiler
Aug 19, 2022 at 04:17
Aug 17, 2022 zamanından beri üye
60 iletiler
According to statistics, the majority of aspiring forex traders fail, and some even incur major financial losses. So, it completely depends on your knowledge and skills.
Jul 25, 2022 zamanından beri üye
20 iletiler
Aug 23, 2022 at 07:07
Jul 25, 2022 zamanından beri üye
20 iletiler
Forex has tremendous potential to make anyone rich. But it is only one's knowledge and experience that makes one so. It is useless to trade without knowledge because then, trading will just be a damp squib.
Jun 01, 2015 zamanından beri üye
42 iletiler
Aug 25, 2022 at 18:46
Jun 01, 2015 zamanından beri üye
42 iletiler
It is definitely possible but most dont practice good risk management to make it possible
Work Hard Play Hard... Signal App(Google Play Store):
Jun 06, 2022 zamanından beri üye
14 iletiler
Aug 27, 2022 at 14:18
Jun 06, 2022 zamanından beri üye
14 iletiler
Lots of ways to make money.
Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.
After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.
I have no secret, no magic setup.
Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.
I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over 70%.
Now I trade with around $5-10k a month, and usually make at least $500 a week. Each week/month I make more than I expect, I pull out and reset the growth, to protect the profits.
Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.
After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.
I have no secret, no magic setup.
Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.
I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over 70%.
Now I trade with around $5-10k a month, and usually make at least $500 a week. Each week/month I make more than I expect, I pull out and reset the growth, to protect the profits.
Protect against loses and the profits take care of themselves.
Jul 26, 2022 zamanından beri üye
49 iletiler
Sep 03, 2022 at 07:57
Jul 26, 2022 zamanından beri üye
49 iletiler
Of course forex has the capacity to make you very rich.But you need to be very careful while making your trades as a slight carelessness might blow up your entire account.
Feb 15, 2022 zamanından beri üye
183 iletiler
Sep 03, 2022 at 14:32
Feb 15, 2022 zamanından beri üye
183 iletiler
To catch the trend of market, traders should analyze the market scritinizely. A good entry can never be taken without determining whether the market is in the uptrend or downtrend.
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