Can you really make money on Forex?

[passivebesiege]

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

Yes it's really posible many people try it. And earn enough amount  trading in forex.but it's hard if you do not have experience into this you need a good mentor to teach you about it. And learn more by experience.

[Positid]

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

Yes it's really posible many people try it. And earn enough amount  trading in forex.but it's hard if you do not have experience into this you need a good mentor to teach you about it. And learn more by experience.

You have to learn when you are in trading because that is your main weapon to be successful, skills can be develop but you need to devote your time in trading. Meaning, you have to spend time studying the market to have a good analysis that would result to success.

[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.

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.

I wouldn;t be so sure about that forex trading is safe because if you remember the russian ruble then you should understand how risky it is.

I remember well that a year or two from now the russian ruble has dropped so down that people were not interested to sell anything to russia.

Also many companies, factories were moved from there just because ruble value which was dropped to the bottom.

[MONKEYJUNK]

Altcoin trade is considered as forex too?

I think that to make money with trades is required a lot of study, none newbie can do this, maybe you can have lucky on the first month or more but if you don't know exactly what are you doing, you will lose all your money. Nothing comes easy, knowledge is everything.

[delliaerd]

Altcoin trade is considered as forex too?

I think that to make money with trades is required a lot of study, none newbie can do this, maybe you can have lucky on the first month or more but if you don't know exactly what are you doing, you will lose all your money. Nothing comes easy, knowledge is everything.

Yes you right knowledge is everything. I have an oppinion, I think trading cryptocurrency and trading forex is different. In forex there are technical term called margin call, pip and etc. But in cryptocurrency trading we only have two technical term called buy and sell. Peiple can make money in forex,  I am agree with your statement that need study to do trading forex,  if someone do this without knowledge it's just the same with gambling.

[BTCLovingDude]

Altcoin trade is considered as forex too?

I think that to make money with trades is required a lot of study, none newbie can do this, maybe you can have lucky on the first month or more but if you don't know exactly what are you doing, you will lose all your money. Nothing comes easy, knowledge is everything.

Yes you right knowledge is everything. I have an oppinion, I think trading cryptocurrency and trading forex is different. In forex there are technical term called margin call, pip and etc. But in cryptocurrency trading we only have two technical term called buy and sell. Peiple can make money in forex,  I am agree with your statement that need study to do trading forex,  if someone do this without knowledge it's just the same with gambling.

well the difference is mostly in the size and the popularity of the markets. the size or you can call it marketcap or the orderbook depths are different for example you can not dump enough of a currency in forex market to push its price down a big percentage. for that you may need a couple of tens of millions of dollars.

but in altcoins you can dump and push the price down to even 90% at times with only a very small capital. that is why there are so many manipulations going on in altcoin market and so many of old traders are tired and mad these days cursing all the pump and dump groups!

[toy4lov3rs]

I understand that it is possible to make money using Forex, but why do all the advertisements and groups on facebook look so much like a hoax. It's like they are trying to make Forex trading look like a Pyramid scheme. They use poorly edited images to try to get more people into Forex trading, why go through the effort to make it look so sketchy?

[bamboylee]

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

It is just the same with any kind of trading. If you do not do your work and analyze the market, you will get nowhere and earn nothing. But if you do your research properly and you study the charts and the market, you have a bigger chance to win and make a large amount of money.

[carlfebz2]

You can really possibly make  money  on  doing  forex trading but  its  not really easy  and   believe it  or  not   out  of   100% only 5%   are successful  on forex because   those  95%  do  burn  their  account   because  of  lacking  knowledge  on  trading . I admit  I do try it on  trading forex  and I could say  its  really  very hard   to do it because  currencies and  stocks  prices are too volatile you could anytime  burn your account if you  don't  trade smartly.

[mxhwr]

those that think forex is risky see this

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

this guy making money on forex easy

[Doamader]

Im about to start trading forex once again, i wont risk a lot i will play with 1:1000 leverage, as i know forex does change a lot these days, and with the recent Trump election, the market still dont know how to react those news, making this market very unstable, but its possible to make money, but we cant be too greedy if you achieve green, you should take it before it changes to red, and believe me this happens into seconds.

[s1ng]

My father ever trade there but just like gamble but sometimes the luck depend on global / world issue.
Let say if Trump has become president, some investor on a company will re-think again about their decision whenever they still want invest or not

[Zadicar]

those that think forex is risky see this

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

this guy making money on forex easy

As I've seen on the thread that guy is offering a service on which he would give free and paid signals for its members. I could say that he's a good trader since results are in most positives but still you won't know on your own if you just following his signals, better to study and learn trading forex on your own feet.

[OrangeII]

if you're great in forex I think it is not impossible to make money from forex sites. however, very many people who have a lot of money lost in such sites. Well, forex just like trading altcoin, if you're good in analyzing, you should try it, because so many people who have a lot of money for it

[socks435]

Honestly i never experience to trade in forex its too risky for me since i saw many ads online about forex but the deposit amount is too expensive ..
That is why i am afraid to lose there instead i trade in other trading my main is in yobit since my earnings in signature is my capital money to start before..

[BALIK]

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

I heard that forex trading in my friends but I still did not experience that, he saying that he can earn $1000 for only one week if you have more experience and can online every day also big capital is needed, I want to try it but I am afraid to lose maybe I need learn the basic before I do that.

[Palakka]

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

I heard that forex trading in my friends but I still did not experience that, he saying that he can earn $1000 for only one week if you have more experience and can online every day also big capital is needed, I want to try it but I am afraid to lose maybe I need learn the basic before I do that.

In forex you can earn so much, but the very risky to lose your money too
because fluctuation on the market in forex is too high everyday.

[Theforextrader]

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

I heard that forex trading in my friends but I still did not experience that, he saying that he can earn $1000 for only one week if you have more experience and can online every day also big capital is needed, I want to try it but I am afraid to lose maybe I need learn the basic before I do that.

In forex you can earn so much, but the very risky to lose your money too
because fluctuation on the market in forex is too high everyday.

Alot of misconceptions about forex. do not trade with emotions. I'l give you a tip. check charts there is always large movements one thursday or friday whether news or not. now surely that is not random. also look for a M and W.

Il say it again trillion dollars of volume is not floating out without a plan.

[sakinaka]

Trading forex is incredibly difficult. Moreover, to be able to make any profit, you'll need an awesome amount of money that you could lose.

[Theforextrader]

Trading forex is incredibly difficult. Moreover, to be able to make any profit, you'll need an awesome amount of money that you could lose.

No you do not. start as low as $10 if you want place a lot size of 0.01 and grow your account. a reasonable amount would be $100 slowly grow your account and once you hit $1000 good profits from there.