Can you really make money on Forex?

[praboso96]

Forex can make you easy money as can get your money the same way, there isnt a way to predict all market mooves, you need to analyse and choose the best moment to enter and to get out, since its a hot market and it changes fast, if you have some good capital you can risk trading with positions of 2000-5000 pips, this way you protect your money, this is how most experienced traders does do to keep their capital safe.

I agree with you, if a person has capital, but no experience, then it is better not to start selling oneself. This may not end very well. It is best to choose an experienced trader

[masterzino]

Yes, but only if you have the proper knowledge and nerves of steel. The most common mistake is exiting on positions too late because you think there is no way not to go in my direction. And exiting of winning positions too early.

The easiest way is just to follow some of the winning traders on social forex platforms like eToro.

Its not very easiest because I do this few weeks back and lost some good amount you need some proper knowledge and analysis also for this only following is never going to help 

Well, you always need to have some knowledge. Even when you cross the road, At least to be able to peak a 'sane' traders to follow. For example most of the 'top' traders are just with demo accounts and no-risk management. If they hit or continue to hit positions in a month - they are happy as they are gaining commission from their followers. If they get unlucky - registering new account and repeat.

[VTCutch]

Yes, but only if you have the proper knowledge and nerves of steel. The most common mistake is exiting on positions too late because you think there is no way not to go in my direction. And exiting of winning positions too early.

The easiest way is just to follow some of the winning traders on social forex platforms like eToro.

Its not very easiest because I do this few weeks back and lost some good amount you need some proper knowledge and analysis also for this only following is never going to help 

Well, you always need to have some knowledge. Even when you cross the road, At least to be able to peak a 'sane' traders to follow. For example most of the 'top' traders are just with demo accounts and no-risk management. If they hit or continue to hit positions in a month - they are happy as they are gaining commission from their followers. If they get unlucky - registering new account and repeat.

Yes, I agree, to successfully trade in forex you need a lot of knowledge. And you need experience and the ability to analyze different news. It is very difficult at once. But then it brings a good profit

[Kevin77]

Forex can make you easy money as can get your money the same way, there isnt a way to predict all market mooves, you need to analyse and choose the best moment to enter and to get out, since its a hot market and it changes fast, if you have some good capital you can risk trading with positions of 2000-5000 pips, this way you protect your money, this is how most experienced traders does do to keep their capital safe.

I did hear about forex market like it was highly manipulated by big players. I am also very much sure if we are having big capital then definitely we can make big profits from forex trading. Still finding good trading calls will be inevitable for Forex trading because big capital will always need accurate entry and exit levels so that we can make big profits with with small pips covered.

Going with the big volume seems a key when market volatility is highly unpredictable. I do see people are scalping this way, but they need to spend more hours in front of computers for this unlike bitcoin trading which just needs few hours of analysis and trading.

[danherbias07]

You can train Forex trading at Sparkprofit they just do points and they dont need deposits.
I trained from this website to know how it really works. Although still you wont see the outcome sometimes. It is not really different with trading bitcoins and altcoins. They are almost like the same. The only difference I think is there is a big jump at bitcoin unlike those commodities and other currencies.

[lordquanta]

It is indeed possible to make money out of Forex only things you may need is proper training and understanding of market.
To make great profit two things are required:
* great luck
* Insider knowledge

Without above it is difficult to make significant amount of profit from Forex as investment or seed money required is also large.

[Theb]

It is indeed possible to make money out of Forex only things you may need is proper training and understanding of market.
To make great profit two things are required:
* great luck
* Insider knowledge

Without above it is difficult to make significant amount of profit from Forex as investment or seed money required is also large.

I don't but I don't think both luck and insider knowledge is a skill that can make you profitable in  Foreign Exchange. What I mean about this is that Forex is more than that because everything around it relies on the economy of a country it is a reflection on how they are doing economically. Also I don't think the "training" you are saying won't improve your luck or the insider knowledge you will have.

[mrcash02]

It is indeed possible to make money out of Forex only things you may need is proper training and understanding of market.
To make great profit two things are required:
* great luck
* Insider knowledge

Without above it is difficult to make significant amount of profit from Forex as investment or seed money required is also large.

What means it's not for everyone, right? I'm not sure if people are really making much profit from trading, as I'm not a trader and I have some doubts about how efficient it could be. Insider knowledge isn't for everyone and great luck also. There always some guys trying to make you believe you can make a lot of profit without consistent proofs or methods.

[voltesbit777]

Anyone tried or currently trading forex is it possible to make money on it?

I think trading in Forex to make profit on it is not that easy to apply, because it needs an attention for you to become a responsibly traders. But there is an investment that you need to invest first before you can avail to experience the feelings of doing trade.

[mace15]

Absolutely yes, we can make money on forex. In forex you can earn big but need to learn first, need to understands the process on how you can make money but its not easy. This needs take time and effort to reach the goal you need in forex.

[pcoin]

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[raven7886]

You can train Forex trading at Sparkprofit they just do points and they dont need deposits.
I trained from this website to know how it really works. Although still you wont see the outcome sometimes. It is not really different with trading bitcoins and altcoins. They are almost like the same. The only difference I think is there is a big jump at bitcoin unlike those commodities and other currencies.

You need not only to have a good capital to start with but a good experience in trading and you need to know the curve of the market and how it really works, and then you may be able to make money out of it, so try and look up some guides and try to find some virtual trading markets so you can get the hang of things before risking your money.

[susila_bai]

You can train Forex trading at Sparkprofit they just do points and they dont need deposits.
I trained from this website to know how it really works. Although still you wont see the outcome sometimes. It is not really different with trading bitcoins and altcoins. They are almost like the same. The only difference I think is there is a big jump at bitcoin unlike those commodities and other currencies.

You need not only to have a good capital to start with but a good experience in trading and you need to know the curve of the market and how it really works, and then you may be able to make money out of it, so try and look up some guides and try to find some virtual trading markets so you can get the hang of things before risking your money.

Perfectly said first try with virtual trading markets and gain full knowledge of trading and its risks and after that when you feel that you are ready you can start investing and do trading.

In bitcoin in this forum , in altcoin announcement section you can see lot of new coins coming in market and they are giving free coins for small tasks just try to finish them and get free coins and do trading with it and after you gain knowledge try to invest and then start trading.

[izanagi narukami]

You can train Forex trading at Sparkprofit they just do points and they dont need deposits.
I trained from this website to know how it really works. Although still you wont see the outcome sometimes. It is not really different with trading bitcoins and altcoins. They are almost like the same. The only difference I think is there is a big jump at bitcoin unlike those commodities and other currencies.

You need not only to have a good capital to start with but a good experience in trading and you need to know the curve of the market and how it really works, and then you may be able to make money out of it, so try and look up some guides and try to find some virtual trading markets so you can get the hang of things before risking your money.

IMO, trading on forex are better than trading in altcoin since forex has stable value .
But yes , trading still just same as gambling but trading on forex can be easier to win if you have enough experience and deep analysis over it

[DimidoffVany]

I trade in forex. But I do not have much experience. But despite this I already have some success and profit. It's not as difficult as it seems at first glance. And the more you invest, the more you can make on this

[Bitcotalk]

Making money at there need knowledge and skills so if a person will have these both then he will earn a good income from forex. A few months ago I was about to join it as one of my friend told me that he is earning a good income but after my study I found that it will take more time for me to learn and then start it.

[pcoin]

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[Theb]

Premium forex trading signal services is available at https://bitcointalk.org/index.php?topic=1842976.msg18336518#msg18336518 you dont need to understand  any indicator, just subscribe for my service and your profits is guaranteed. A trial will convince you.

This is the downside of Forex Trading even in the Stock market this is being use, professionals or so-called market gurus trying to take profit of newbies in order to gain money without even risking their own money to the market. Suppose the service works or can guarantee profit the newbie trader won't learn a thing about trading, all he/she will do is to rely on your services. The purpose of trading is to profit just by yourself and learn from your mistakes independently.

[Gheka]

I think make money from Forex is very difficult because it depends on a lot of skills, experience, analysis and sometimes you need some luck. If you really want to make money from Forex, you need to have a good mentality, a strong heart and a large capital. The forex market is very complex, you will lose everything if you lack understanding. The number of people who can make money on forex is very low, not everyone can succeed on forex

[Idrisu]

Yes you can make thousands

see this service

https://bitcointalk.org/index.php?topic=1664883.0

Yes you can even make billions but forex trading is not for everyone. Emotional problem make amateur traders to see forex as hyip and ponzi scheme but forex is far from hyip in the mind of professional traders and experts. You have to treat forex trading as a business for you to make significant progress.