Can you really make money on Forex?

[Theb]

I think make cash from Fx is extremely hard simply because it depends on a whole lot of capabilities, encounter, analysis and occasionally you want some luck. If you really want to make funds from Forex, you require to have a excellent mentality, a powerful heart and a huge funds. The forex trading market place is very complex, you will shed everything if you lack knowing. The number of folks who can make money on forex is very reduced, not every person can succeed on foreign exchange

Then what makes Cryptocurrency trading different to Forex?  The answer is obviously non except in Forex you can actually depend on the performance of a country's economy in your trades. In Bitcoin and cryptocurrency however your analysis is only limited to its charts and some non-trustworthy news sites. Trading as a whole is no different whether you are trading stocks or cryptocurrency the concept is the same for all.

[electronicash]

its going to easy to make money on forex if you have the working strategy. wherever the the trend is going whether bull or bear a trade can always make money through the pips movement. the usual problem with forex is that if you have no idea about which indicator to use is that its going to make things complicated. it will be a suicide for you.

[Conevesses1976]

Absolutely nothing is impossible, but to generate money on forex trading you need to be knowledgeable, experienced and to have the knowledge. You need to undergo some training course on it. If you are new to forex investing, do not work by yourself, locate an individual with knowledge so that you can understand, request for that individual to guide. You can also look for google for documentation, movie tutorial on fx, it might be of aid to you. You will be a tiny puzzled at the start but do not be concerned, you will get utilized to it. Good luck

[sergeyo9]

i believe its also unsafe for us to make funds on foreign exchange if we do not know how to trading at all. to do buying and selling in fx, we require to learn much more than regular investing or crypto forex because in forex trading, we need to comprehend not just in chart but we require to know about nearly all of indicator that obtainable in forex trading. with no understanding almost everything that we should know, then we can not make money on foreign exchange and we are only make decline.

[palensya]

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

Yes it is possible to earn money from Forex you only need to choose a blue chip stocks because those companies are stable and would last from 20-50 years in the business. But i can say it is better to trade in crypto currency but the risk is too high.

[Pivo]

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

Yes many have already made millions out of both forex trading and crypto trading, you can search for few of their testimonial videos and success stories. Actually you need to gain really nice skill as well as good amount of experience before you can make constant and regular profit with forex trading same applies for crypto trading.

Patience is always a key of success in Trading.

And having control over your emotions is one of the key. Like cryto trading, you need knowledge and "skills" needed like technical analysis, and basic knowledge of trading. Anyway, those great traders came from a point where their are just a beginner but through time and experience, they learn.

[gabbie2010]

It's obvious that people are making money on forex trading, forex trading is not buying low and selling high as regards usual slangs that is common to newbies, forex trading requires fundamental and technical analysis amongst others.
Full time or seasoned traders equip with those abilities and qualities have been making money on daily basis, a short visit to forexfactory.com reveals traders explorer as evidences to back up the profitability of their strategy.

[BCTBF]

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

Of course forex can make money, even the first time I know trading from forex but I am not interested to do trading in forex at that time, because of limited funds that I have so I can not make a deposit to start trading in forex.

[Gozie51]

You can make money in forex but you have to be careful not to increase your lots size - that is how much you want to risk for a gain depending on your capital. It is equally a volatile market and risky too because you can lose all your capital within split seconds likewise you can make good profit within short time too. 

[GreatOrchid]

Yes, i have made a lot of money with forex, and i joined a contest that you just need to start a forex account and raise $100 to $1000 in just 10 days, and i did it. I really enjoyed trading in Forex, only that you need to pay to much attention to the markets and be very careful with the news about the pairs that you are trading.
But i won that contest because i was so lucky because i was trading with Gold - Silver - Copper, and they made more than 4% in just a few hours when i was trading.

[ivaniyc1]

Sure it is possible as Foreign Currency constantly change prices so rapidly you just have to select the right a single to get. Just like Altcoin or Cryptocurrency buying and selling some currencies is greater than the other in phrases of expansion the only difference is International Currency can be dependent on the Country's economy which can be a huge indicator that will help you to establish whether that Fiat Forex is great to spend your money. On the other hand Altcoin Buying and selling barely has any indicators outside of its chart and the need they will get. 

[thet]

Yes, you can make money on forex but is very complicated that needs more attention and information, strategies about forex.

[ethanolmos]

i remember i managed to earn some money on forex.. http://trade-leader.com/ here's a lot of useful information just in case

[workminer]

It is def possible. Depends on various things though. I would say its more about your self-discipline rather than how you know numbers. Your risk tolerance, ability to treat it like you full-time job, and just personality in general.

[Sled]

It is def possible. Depends on various things though. I would say its more about your self-discipline rather than how you know numbers. Your risk tolerance, ability to treat it like you full-time job, and just personality in general.

Yeah, it is all depending on our discipline on how are going to do things because if you have discipline then any source of income or field that you will do then you can be successful in it and that is why it is more important to have a good self-discipline and also patience in order to get the things or the results that you really want.

[ask]

If you are working with a good broker then why you cant make money?
Its really very simple to make money from forex.
There is only one thing to learn "Money-Risk Management" All other indicators vs are just useless. Just draw trendlines and manage your risk you will easyly make some decent money.

[RedArcher]

Forex may bring you profits but you either trade like a child without being afraid of losing anything (somehow this way people really do make money, though not so long right by the moment you realize trading could be risky) or you master trading which will take months.
I know what I am talking about.
And quite important aspect is a broker which you use. There are too many scam companies working without licenses or working just month or so.

[evgeniyosda]

Indeed it is feasible as Overseas Currency often adjust prices so rapidly you just have to choose the right 1 to buy. Just like Altcoin or Cryptocurrency investing some currencies is far better than the other in phrases of development the only variation is International Forex can be based on the Country's economy which can be a big indicator that will help you to figure out whether that Fiat Currency is very good to invest your funds. On the other hand Altcoin Investing rarely has any indicators outdoors of its chart and the demand from customers they will get. 

[Mpamaegbu]

If you are working with a good broker then why you cant make money?
Its really very simple to make money from forex.
There is only one thing to learn "Money-Risk Management" All other indicators vs are just useless. Just draw trendlines and manage your risk you will easyly make some decent money.

That is exactly the place where people miss it: Money-Risk Management. Amateur traders increase lot size, leveraging on a small capital to over trade and getting into many currency pairs at the same time. Of course, the punishment for this will always be traders accounts going down or closing up. Forex trading is a more exciting business than cryptocurrency trading. But one has to know one's way around to enjoy that excitement.

[umbara ardian]

I think if the forex risk is too high. I never lose money in forex if we play 100 $ in one time all will be exhausted. there is nothing left if our bitcoin can neutralize defeat in this bitcoin very positively in terms of bitcoin I think I just fall in love with bitcoin.