Can you really make money on Forex?

[carlisle1]

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

I haven't tried forex trading but i would definitely say yes , it is possible to make more money in forex trading if you already have a good knowledge on it . Same as cryptocurrency trading , forex trading has risk but forex has much than crypto and also there are more things that needed to consider and you really needed to learn more about risk management .

[1715144693]

1715144693

[clickerz]

Forex does allow to earn huge ammounts of money, but the risks are huge as well, for my own experience i would stay away, even knowing the huge potencial it has, but im getting curious and i do wanna to try one more time those.

There are also expert or broker who can do the trade for you if you did not know. But there are training now in forex trading, some are offering for free but you must trade with them in return. I think it is really profitable here but same with any trading, be take not always the risk involved.

[calkob]

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

Dont even bother unless you really study the news and current affairs, i tried it and it nearly seems set up to sweep up the money from the little guy, only insiders get the info that they need

[Theforextrader]

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

Dont even bother unless you really study the news and current affairs, i tried it and it nearly seems set up to sweep up the money from the little guy, only insiders get the info that they need

no that is not the case. retail traders lose because they end up chasing the trade. i don't have inside info. i give signals to my members they doing fine.

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

[bitbunnny]

I haven't tried trading on forex but I know some people who does and they are not very successful. Actualy I don't know anyone who has realy made the money, they usualy loose.
I think forex is a good financial trick to attract people with promise  for good profit but in some cases they also get scamed.

[amacar2]

i am making money on forex

Can you give link to trading platform from which you have taken this screenshots?

Actually forex trading is really a long running legal business for many traders from decades. Many have been millionaires/billionaires and i have read somewhere that CEO of one of the wall street broker company have salary of over 1 billion dollar per year. This shows how much profit opportunity is there in forex trading.

[mxhwr]

i am making money on forex

Can you give link to trading platform from which you have taken this screenshots?

Actually forex trading is really a long running legal business for many traders from decades. Many have been millionaires/billionaires and i have read somewhere that CEO of one of the wall street broker company have salary of over 1 billion dollar per year. This shows how much profit opportunity is there in forex trading.

Tradersway screenshot from my mobile.

signals from here
https://bitcointalk.org/index.php?topic=1664883.0;topicseen

[achow102]

i am making money on forex

Can you give link to trading platform from which you have taken this screenshots?

Actually forex trading is really a long running legal business for many traders from decades. Many have been millionaires/billionaires and i have read somewhere that CEO of one of the wall street broker company have salary of over 1 billion dollar per year. This shows how much profit opportunity is there in forex trading.

it shows only that the director of the brokerage company profits from customers. You do not think that he earned the money by trading on the stock exchange?

[n691309]

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

There are many websites that offer forex trading but saying the truth I haven't researched enough to see if they really are legit and if they really pay(allow users to withdraw they money without any high fee) but I heard from people that they make good money but the risk is higher than in bitcoin.

A lot of research have been held about how people make money through trading
And the results surprisingly says that most of trader ended up losing
That was really make me disappointed at least
No matter what trading,  forex or crypto currency in the long run mostly always get lost .

Well maybe it's not good to trade based on emotions and I don't know where have you found these statistics but I think that good traders don't lose, but other factors on forex can affect the performance of them.

[mxhwr]

i am making money on forex

Can you give link to trading platform from which you have taken this screenshots?

Actually forex trading is really a long running legal business for many traders from decades. Many have been millionaires/billionaires and i have read somewhere that CEO of one of the wall street broker company have salary of over 1 billion dollar per year. This shows how much profit opportunity is there in forex trading.

it shows only that the director of the brokerage company profits from customers. You do not think that he earned the money by trading on the stock exchange?

What do you mean i ain't no director. market is for anyone so anyone can place a trade

[Hellacopter]

Making money on Forex is possible , but without good knowledge about this domain it would be very risky method. Earning from Forex isnt guaranteed as you can lose your capital even if you have good experience.

[kevinn669]

Those who want to engage in trade in the Forex should be prepared for losses. Initially, these losses will often tonnes. you can not pour all your savings in forex

[bamboylee]

There is a lot of money in forex trading. But you cannot easily do it. For starters, you need a large amount of money before you can start trading. If you do not have capital, better start altcoin or bitcoin trading first. Sharpen your skills there and as you get better, start saving to have a shot at forex.

[Flomess]

I've never traded the real markets but i've read alot of pro-traders talking about how forex is probably the hardest market to trade in, since the more sophisticated money and systems are on it.

If you really need to ask such questions you are very far from being prepared to trade, and the markets will most likely kill you in a very short time.
There are many ways to learn valuable lessons about trading, while getting schooled by the market at the expense of one account after the other is surely one, it might not be the more efficient and economic.

Read, study, watch videos, paper trade, follow pro-traders, go on trading forums.
Getting profitable usually takes YEARS.

[Palakka]

forex is very risky to trading the fluctuation of money is high everyday
I think that is too hard to get money on forex if we don't have a good analysis on the market

[raven7886]

forex is very risky to trading the fluctuation of money is high everyday
I think that is too hard to get money on forex if we don't have a good analysis on the market

The highly risky markets are always good for making huge amount of money only if you are enough skilled to handle its fluctuations. OP is asking about how good Forex is for making money, the simple answer must be Forex is good for making money for anyone if he is ready to take same amount of risk.

Compared to bitcoin trading, forex trading is not recommended to new traders. In bitcoin trading you will always have the option of holding for future prices which is not possible in forex trading.

[ivanst776]

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

I haven't tried it ever so can't tell exactly if it is possible to make money there.

But what I have read is that the forex is pretty tricky and needs amount of money to invest (like any other trading), patient and read more about the currencies, stock markets etc.

We should be aware that also political things can affect the performance of the forex trading, rate etc. See when Trump won the election how the market has changed.

[South Park]

Making money with forex is possible but I don't think that is for the amateur trader since you can lose everything in a single moment, and trading crypto is not much better in that regard, but if you are experienced it can give you very nice profits.

[grim007]

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

I haven't tried it ever so can't tell exactly if it is possible to make money there.

But what I have read is that the forex is pretty tricky and needs amount of money to invest (like any other trading), patient and read more about the currencies, stock markets etc.

We should be aware that also political things can affect the performance of the forex trading, rate etc. See when Trump won the election how the market has changed.

I tried it already, and it is just like alt coin trading, The only difference is the volatility of the price. The only reason why it needs a huge capital for trading on forex is because the price inflation their is just a small percent so it is useless if you have a penny and have a profit for small percentage. But if you have a million USD, forex is a great opportunity to earn money because it is safe and not like altcoin.

[Caladonian]

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

I haven't tried it ever so can't tell exactly if it is possible to make money there.

But what I have read is that the forex is pretty tricky and needs amount of money to invest (like any other trading), patient and read more about the currencies, stock markets etc.

We should be aware that also political things can affect the performance of the forex trading, rate etc. See when Trump won the election how the market has changed.

I tried it already, and it is just like alt coin trading, The only difference is the volatility of the price. The only reason why it needs a huge capital for trading on forex is because the price inflation their is just a small percent so it is useless if you have a penny and have a profit for small percentage. But if you have a million USD, forex is a great opportunity to earn money because it is safe and not like altcoin.

that's right even cents counts so if you have millions of investment and you always got a bite of earnings its really going to be big
in less time the other thing is that also be eaten quickly so you need also to be more accurate and more skillful to manage your
entry.