Is forex is best source of income?

I think forex trading is one of the most potentially lucrative jobs someone can do from home, it certainly beats doing paid surveys and other time wasting methods. However, it isn't good for everyone and many do lose money doing it. It's only worth doing if you have time and effort to put into it and aren't looking for a quick buck.

Fx trading? Nah, of course, but it's one of the most available. I critically relate to FX trading because once it created for me lots of problems.
BUT
Recently I has overpassed th level of fear which I had in relation to fx trading and started trading again. These days I have a constant income and my daily profit is about 5-7%. It's better than nothing especially taking into consideration the fact that I faced difficulties in this activity.

Anyway, if you wanna reach results in fx trading you should work a lot and devote lots of time to this activity. I was wrong when I thought that trading is just a scam, everything was because of my ignorance and stubbornness.

I would say yes. But don't bite more than you can chew. Start with small amounts (or even a demo account for a while) and once you get the hang of it then put some money aside to trade normally.

Yes but only if you have right amount of knowledge and skills.

Forex is the best source of income because it is a highly profitable and well-known online business.
According to my opinion, the majority of people work on forex and earn a lot of money.
Because forex is a profitable business, most people use it to cover their family's expenses.
The best source of income is forex.

The majority of people in forex earn a lot of money? You sure about that?

Trading in Forex involves a high level of risk. Before you go all out on your capital, or make trading your daily business, you should learn about the strategies fully.

yes of course this is a good source of income when you observe all inevitable parts of trading

good source this is no doubt , just traders have to acquire good knowledge by learning. that's all.

I wouldn't say that trading is the best income source, cause its too difficult. I would start with something else

yes agree, money management also important besides acquiring trading knowledge and experience.

what money management you use basically ?

Nah, I would say forex is a really good source of income but because of its increasing risks, it’s not the best there is.

It seems quite enchanting at first, but when someone enters the world of forex, then they realise how difficult and risky the game is. So I’d not use the term ‘the best source’, as it really depends on an individual, but there are so many risks involved in forex and the market is volatile and unpredictable, so it may or may not be the best source of income, it depends upon how someone perceives forex to be.

No, that’s not true. Forex trading is cool but you can’t depend on it for a regular source of income. It’s risky and you can never be sure about the results you may get. So, it’s best to keep it as your secondary source of income.

Teutomania posted:
No, that’s not true. Forex trading is cool but you can’t depend on it for a regular source of income. It’s risky and you can never be sure about the results you may get. So, it’s best to keep it as your secondary source of income.

I agree with this 100%

I wouldn’t call it the best source of income, rather one of the alternative sources of income because the market has a lot of risk and is more complex than you would think. Hence, it isn’t the best source of income but a great platform to earn from if you know what you are doing.

there is no platform who can bring profit without discipline and hardly dedication.

No matter which profession in the world you choose for yourself, you will have to work for it. The harder you work, the better you earn. The same is the case with forex trading also. There is nothing like the best source of income in general; you find it for yourself.