Can you really make money on Forex?

[Nagadota]

Well I heard FOREX before I knew bitcoin but I have never tried that because my friend told me to invest a decent amount
which I cannot afford at that moment.Now, I am just focus my time in bicoin trading so I guess I do not need to shift my interest
since I'm getting good profit here.

Your friend was wrong anyway.  Putting a lot of money into Forex is a really bad idea unless you have some experience and have learned very carefully how to technical analysis.  Forex has huge profits sometimes but it can be really bad for people who go in there thinking they'll get rich and lose loads of money.  The same applies to cryptocurrency trading.

[Raven91]

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

Yes we do can earn money from yet it's a matter of strategies and skills since you multiply your trade in forex which gives you a quick profir however it can also make you loss your trade quickly.

[TRONTON]

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

Yes we do can earn money from yet it's a matter of strategies and skills since you multiply your trade in forex which gives you a quick profir however it can also make you loss your trade quickly.

because the effect of foreign exchange swaps and margin calls will drain the contents of the money in our pockets, to be honest I like it more than the forex market bitcoin. Previously I was an active forex player, but my concern has shifted to focus fully to cryptocurreny market. I also disliked the broker system, more comfortable when playing alone.

[Inkdatar]

In my own opinion we can really make money on forex but it takes time to earn money. Because in Forex theres needs to learn strategies, needs to learn the process on how it will works, how to earn money in this kind of service. It is nice if you start as demo so you can learn and practice your skills because once you start you will know already and you can earn profit.

[Saichoukyushin]

Definitely if you know how to trade , but my friend said that it is more risky than trading in an exchanges site .The difference is the marginal trading .I dont know what is marginal trading im new to trading but i have some knowledge about it through my research .Trade is done with just a second or a minute and the market is so volatile you will only predict to play.

[karinaA]

I did not manage to make a lot of money on forex. This is due to the fact that I have a basic job in the office and a little free time. I can not constantly follow the course and be on the stock exchange. Therefore, I decided not to trade on the exchange

[bamboylee]

Its possible to make income at forex, i remember bet something like 20euros and after 3 hours i had closed the pair at 370 euros, the thing is were newbie, i went travel and left 4 positions opened without stop loss, the result were i had lost all while i were travelling, since then i had left forex, nowadays im more experienced but i dont risk at forex.

its true that there is money in forex. one should have enough experience and knowledge about forex. you should study the current market situation as well as market indicators.

[lazyturtle]

I started in the currency trade after i got my bachelors degree in economics, after that i studied econometrics trying to find mathematical similarities between GDP, inflation and so on...

I just wanted to share my story quick. Today i manage about 750 000 dollars as a personal fund, witch i grew from 250 dollars during 5 years in the forex market.
What i have learned during this time is that the emotional stability is really what will make you a winner. Almost every strategy out there will work to make consistent profits, but only if you as a trader is consistent.

I advise you to really work on your mind, start doing some mediation and find your inner zen and calm.

And never be to dependent upon others advice, make your own opinion and stick to it. I dont know how many times i have been called crazy by friends because they wont agree, but then the same choices they smashed me for made me large ammounts of money.

Dont be a part of the general trading crowd, but rather watch them and their insanity unfold in the market. Be the stable pillar in the chaos and weed out the noise.

Pretty abstract advice, but do try to take it to heart. This really are the idelogies that have given me my financial freedom.

LazyTurtle <3

[rickadone]

Definitely if you know how to trade , but my friend said that it is more risky than trading in an exchanges site .The difference is the marginal trading .I dont know what is marginal trading im new to trading but i have some knowledge about it through my research .Trade is done with just a second or a minute and the market is so volatile you will only predict to play.

Yes, there is no doubt plenty of people are making money on forex. The best for someone while coming to exchange for the purpose of trading is that he must study and understands the market. After then it will be easy for the person to play in the volatile market. If some have a strong analytical skills and the person maintain a good portfolio he can make quite a handsome amount from it.

[Sate Jamu]

The forex trading involves high risk and is not suitable for all investors, we have to admit it... The high degree of leverage can work in your favor as well as against you, this is a fact. Before you decide to trade, you should carefully consider your investment objectives, level of experience and risk appetite. Many people claim to be forex traders but they are just fly by night, forex requires knowledges and it takes time to get it. Traders in banks don't become traders in 1 week after intense lecture on forbes lol

Yeah right, the large number of speculators make everything uncertain, indicators and analyses are often not working, at present it is difficult to make money from forex.

[AK47-]

Absolutely. It is possible to make money trading forex. However, you have to learn how to effectively trade. If you don’t prepare well, you will end up like most traders, losing a lot of money and time and finally giving up.If you learn how to trade effectively by treating trading as a business, it will force you to work on a trading business plan. And like any business, to be successful, you will have to follow your plan, which most traders don’t do from the beginning.Forget about all the others and what they are making. It does not matter. The forex market is big enough for you too. But learn the right strategy and work on your plan.When you start trading and treat it as a business, you will operate differently and that could give you an edge.

[Obito]

Its possible to make income at forex, i remember bet something like 20euros and after 3 hours i had closed the pair at 370 euros, the thing is were newbie, i went travel and left 4 positions opened without stop loss, the result were i had lost all while i were travelling, since then i had left forex, nowadays im more experienced but i dont risk at forex.

its true that there is money in forex. one should have enough experience and knowledge about forex. you should study the current market situation as well as market indicators.

Definitely yes you could earn thousand money there. However, based on the others says it is hard to learn how to trade on forex.
Inorder to make money in forex you need to have enough knowledge and experience. If you don't know well about forex, you will just end up on losing your money.

[Nevis]

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

Yes ofcourse,forex is one of the leading profitable investments online by this days.I saw alot of big brokers in forex earning an average or $5000 per week there.But forex will be just profitable if you have knowledge into it and in the market.

[sportis]

Its possible to make income at forex, i remember bet something like 20euros and after 3 hours i had closed the pair at 370 euros, the thing is were newbie, i went travel and left 4 positions opened without stop loss, the result were i had lost all while i were travelling, since then i had left forex, nowadays im more experienced but i dont risk at forex.

its true that there is money in forex. one should have enough experience and knowledge about forex. you should study the current market situation as well as market indicators.

The way I see it from my little experience is more like a bet with luck and very little as knowledge. Therefore, I believe that is as online roulette and internet casino games. That means, in the long run I don't know anyone has made a profit from forex. Maybe it's difficult especially for new traders to do the management of their capital and to apply a stop loss strategy. Moreover people rarely speak when they loose money unlike when they have a small profit.

[jossiel]

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

Yes ofcourse,forex is one of the leading profitable investments online by this days.I saw alot of big brokers in forex earning an average or $5000 per week there.But forex will be just profitable if you have knowledge into it and in the market.

Yes forex is very profitable but that is going to be a fast type of trading. Earning $5,000 per week is not an easy thing in forex.

Because you need to have enough time for monitoring each fluctuation in the market of forex.

You also need to follow a lot of forex experts tips so that you can cope up and have a better result.

But if you are not a forex trader you can just let a broker play for your investment.

[@prashant]

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

Yes ofcourse,forex is one of the leading profitable investments online by this days.I saw alot of big brokers in forex earning an average or $5000 per week there.But forex will be just profitable if you have knowledge into it and in the market.

Yes forex is very profitable but that is going to be a fast type of trading. Earning $5,000 per week is not an easy thing in forex.

Because you need to have enough time for monitoring each fluctuation in the market of forex.

You also need to follow a lot of forex experts tips so that you can cope up and have a better result.

But if you are not a forex trader you can just let a broker play for your investment.

very true forex earn you good but you still need to invest a good amount if you want a good return.for beginner do not try to do forex trading ,stick with altcoin trading only.you need a lot of experience to start earning good.

[grermezter]

I personally know of people who made it big by trading on forex, they are now staying at home and making money, You need practice, lots of it before you venture into it, you may lose all your money if you are not careful about it, even the experienced ones lose money at times,

[carlfebz2]

I personally know of people who made it big by trading on forex, they are now staying at home and making money, You need practice, lots of it before you venture into it, you may lose all your money if you are not careful about it, even the experienced ones lose money at times,

Even me I do have lots of friends who do make forex trading and I could say they are making huge money whenever they like since they are just trading on their home and as long they have their laptop and internet with it then theyre good to go.Making money on forex is really possible but making it happen would be the hardest part its not easy as it sounds and you would really need to have experienced and it takes years for you to be able to be profitable with it.

[omonuyak]

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.

From experience trading forex is very risky and because of this many people see as loss business but in reality forex is a worthwhile business therefore you can succeed if you follow it laws and policy. In forex you most developed your skills and knowledge on how it works through demo trading and development your strategy and abide by it.

[Cactushrt]

I personally know of people who made it big by trading on forex, they are now staying at home and making money, You need practice, lots of it before you venture into it, you may lose all your money if you are not careful about it, even the experienced ones lose money at times,

Yeah those people are pro trader when it comes to forex if you have no skills in forex then this is not for you there are pro traders offer also their skills to help people to earn in forex but you must buy their tips. I'm planning to avail those service