Can you really make money on Forex?

[machinek20]

Yes you can make money from forex and you can earn a lot of money from forex, but you need skill and experience to do that, there are a lot of people earn their living only from forex, but to be honest forex is very risky, the movement price sometimes is out of control, one minute is sky rocket another minute is down to hole, so if you really want to earn from trading you need training and dedication to learn

[clickerz]

Of course you can make money. You can also lose money.

The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.

Correct, if you can make money then you can lose too. There are friends I know that they lose money in forex. It is like gambling also, and you hve to control your greed. If you know you gain, take a rest and enjoy your profit.

[jtipt]

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

Yeah if you know what you are doing and have some significant of amount of money to invest. Some elite trades even earn in 1000s every day. But for small time if you go though few trading guides and have some money on hand then you can make some profit soon.

[Doamader]

Of course you can make money. You can also lose money.

The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.

Correct, if you can make money then you can lose too. There are friends I know that they lose money in forex. It is like gambling also, and you hve to control your greed. If you know you gain, take a rest and enjoy your profit.

The problem is that you dont know what may happen on the next seconds, i remember China news made their currencie up 200 pips and from no where droped 300 pips, this happened into 1 minute, and the platafform i used like etoro just frozen always on those and when returns it can eat your position or allow you to stay green. I dont know a bitcoin trusted broker soo if someone does have one let me know.

[hero1111]

Yes you can make money with Forex but you can lost your money with Forex too it is like big game and i think all time who has more money in this game they win all time and my friends won in forex so many time but in final they lost all thier money because of, it is risky i prefer to you if you want to investment try to use bitcoin .

[Hellacopter]

Making money with Forex is possible, but you need really good experience and studying well the chart and the market , otherwise its so risky and you can lose as well.

[brutosBTC]

This was good question for future traders of forex, I am newbie here, I want to trade too, I heard a lot of videos, testimonial about forex, they have gain a lot, and they are having fun spending what they have using forex, many people offer too to use forex trading, but then I don’t know how start there, they ask big amount of money. I think it is a big risk to do so, so I tried to search more and look for more earners to totally earned from forex not a scammer but real earner.
So, based on the comment of some here in OP’s thread, I guess forex totally profitable as they stated but we must learn how to trade and make some study for it.

[mxhwr]

those that don't have time to learn but want to make money this guy offering forex signals.

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

[andyblocks]

It is possible, but you need a high initial investment if you want to make it your primary source of income, and to mitigate the risks you need a broad study of fundamentals and the market.

[Theforextrader]

It is possible, but you need a high initial investment if you want to make it your primary source of income, and to mitigate the risks you need a broad study of fundamentals and the market.

Not really you can start of really low and gradually build up. Also people have misconception that you need to trade everyday. main moves are usually happening on news or wednesday, thursday, friday. so you can get into a couple of large moves and your income is made for the week. Its what some of the top pros do. they watch a few currencies keep stalking them and go heavy on the reversal.

NFP week is pretty volatile you can make a decent amount then after the stop hunts.

rules you need to follow

Patience
not being greedy (risk management)
ability to take a loss

have a good strategy you won't go wrong. greed is top reason why people end up losing.

Those that traded of my signals on election day made $3000 of $1 lot size

[Theforextrader]

Of course you can make money. You can also lose money.

The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.

Correct, if you can make money then you can lose too. There are friends I know that they lose money in forex. It is like gambling also, and you hve to control your greed. If you know you gain, take a rest and enjoy your profit.

The problem is that you dont know what may happen on the next seconds, i remember China news made their currencie up 200 pips and from no where droped 300 pips, this happened into 1 minute, and the platafform i used like etoro just frozen always on those and when returns it can eat your position or allow you to stay green. I dont know a bitcoin trusted broker soo if someone does have one let me know.

Trading on news day is always volatile. you need good risk management. the move your referring to is called a stop hunt. they grab contracts before they make their actual move. just look on every NFP news.

it is common for platform to freeze. it is not a coincidence either. it is done on purpose. they can't freeze your platform if you trade on your mobile

[Theforextrader]

Of course you can make money. You can also lose money.

The markets might get crazy around the time Trump becomes president.
You might be able to make some big profits, if you can make the right predictions.

Correct, if you can make money then you can lose too. There are friends I know that they lose money in forex. It is like gambling also, and you hve to control your greed. If you know you gain, take a rest and enjoy your profit.

Its not gambling. you think trillion of dollars traded a day without some sort of system. they need to make money too

[Yakamoto]

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

You can make almost as much as you want if you have the capital to do so, and you play the long game and try not to day-trade against bots and the like. Forex is a difficult investment when it comes to the average man, assuming that they try to compete against the massive botnets and huge bankrolls filling the markets. Long-term investments in excess of a year are the easiest to -technically- make money off of.

[pooya87]

Can money be made by Forex trading?
- sure it can. so many traders are doing it.

Can I make money by Forex trading?
- probably not. because if you have no prior experience and have to ask it, it means you can not really make profit consistently from trading Forex. and that is a big market and needs lots more experience than trading bitcoin or altcoins which get pumped a lot.

[Theforextrader]

If anyone want to trade forex see my thread

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

This is what one of my students earned today

My profit at the moment and yes that is real

[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.

[rizkyhiw]

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 .

[mxhwr]

i'm taking signals on what to trade

today this is what my account is looking like on these trades

[MingLee]

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

It's entirely possible for someone to make money off of forex. It can be a challenge, and if you try to be a day-trader it is incredibly unlikely that you aren't going to succeed without having your own army of bots and other licenses and fees you pay to keep competitive.

Just buy, wait, and sell. Same thing as everything else.

[yayayo]

Yes you can make thousands

see this service

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

You can loose thousands as well. Most traders loose money in the end - even if they may have been successful for a longer period of time. Certainly I would not pay for a trading service, because it doesn't ship with a money-back guarantee in case trading recommendations go wrong...

Most traders greatly overestimate their abilities to reliably predict market movements. There are very few highly specialized individuals that use state-of-the-art trading algorithms (neural networks) and have premium market access to execute orders with the shortest lag possible.

In general it's much better to just buy and hodl Bitcoin. Bitcoin will most likely appreciate in purchasing power. All you have to do is waiting. That's easier and much less stressful than engaging in ultra high risk currency trading.

ya.ya.yo!