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Author Topic: Can you really make money on Forex?  (Read 29951 times)
aniespresident
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May 30, 2017, 06:22:17 AM
 #461

yes obviously the length of you have the persistence and the abilities to dissect remote markets and willing to loan time to concentrate diverse changes on various markets far and wide. I know a few companions who make a considerable amount of cash ordinary out of forex, and I'm considering going along with them sooner the length of I got the capital required.
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May 30, 2017, 06:59:08 AM
 #462

on the off chance that you are another wannabe trader, then why you need to concentrate on Forex? I don't exactly get it. Rather than Forex exchanging we can accomplish a great deal more with digital money. In the event that you demand that exchanging is the way you need to take after then figure out how to exchange cryptos. Certainly, Forex veterans will state that digital money is unstable and cost can't be anticipated as effortlessly. However, at last you will have capability of substantially higher benefits than Forex at any point advertised.
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May 30, 2017, 09:00:49 AM
 #463

First in forex we have to know how to buy or sell currency to get money, and actually its way is the same with the way of buying and selling stock as usual, by way of treding and others

 
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May 30, 2017, 09:18:21 AM
 #464

I am still unsure of this forex and maybe I do not know how, and maybe I will start to learn about forex so I can increase my income well.
Maybe all will not go smoothly but the beginning of success will make me succeed in a better future.
jonosutio
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May 30, 2017, 09:41:46 AM
 #465

I do not have experience about forex, I will learn to run something that I have never touch so far.
The same bitcoin forex which is more profitable right?
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May 30, 2017, 01:07:14 PM
 #466

I do not have experience about forex, I will learn to run something that I have never touch so far.
The same bitcoin forex which is more profitable right?


It's good to learn about forex, there are traders that are offering their service with your investment. They are the ones that will play for your trades and the profit will go into your account but in return you need to pay them some fees regarding on it. That would be a win-win situation for you, for me bitcoin is more profitable than forex.
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May 30, 2017, 01:18:17 PM
 #467

First in forex we have to know how to buy or sell currency to get money, and actually its way is the same with the way of buying and selling stock as usual, by way of treding and others

There is a big difference because Central Banks and Governments periodically influence the market. They might buy / sell currency to curb volatility or to give direction to the market. If the Chinese government decides that the yuan is overvalued, there is no way you are going to make money by trading against it.

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May 30, 2017, 02:19:42 PM
 #468

Of course, you can make money with forex, but I think it is more risky and you must need to learn more technical analysis to do it. Compared to cryptocurrency, I would prefer crypto trading. I have friends who are making money with forex, and also friend who lost their money within minutes/seconds.
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May 30, 2017, 08:28:53 PM
 #469

The Chinese government can't really decide that very easily.  They can increase the supply but the currencies are still heavily traded against each other.

Forex is reasonably safe except in the case of hyperinflation like in Venezuela.  But we all know perfectly well that the price of cryptocurrencies can fall to zero as well.
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May 30, 2017, 08:57:09 PM
 #470

Anyone tried or currently trading forex is it possible to make money on it?
Yes you can earn money in forex, but you need to comply their requirements first before you can make a trade to their platform.
And it is needed that you have a broker who will guide for you to get profit on it..
There are two ways to try to make money in forex, to try to do it yourself or to hire someone, if you hire someone then that person will have experience doing that but the problem is that most of the time they are going to charge you for every trade they make and they will try to over trade to charge you even more money, also most of the time they are not going to earn money anyway so it is a waste of time and money.
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May 30, 2017, 11:56:31 PM
 #471

I am still unsure of this forex and maybe I do not know how, and maybe I will start to learn about forex so I can increase my income well.
Maybe all will not go smoothly but the beginning of success will make me succeed in a better future.
i never use forex, and do not have any idea about forex exchange , or forex income, to me i am earning a good profit from bitcoin and that is really enough for me.
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May 31, 2017, 12:14:36 AM
 #472

A lot of money can made from forex trading, in forex trading a good trading strategy and a sound money management is the key to a successful trading. Although some minor losses will be incurred but in a long run profit will be made with a good risk to reward ratio r:r of aleast 1:1.

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May 31, 2017, 12:42:45 AM
 #473

A lot of money can made from forex trading, in forex trading a good trading strategy and a sound money management is the key to a successful trading. Although some minor losses will be incurred but in a long run profit will be made with a good risk to reward ratio r:r of aleast 1:1.
Forex trading needs a lot of time before you can see that you are making profits, if you are not a person that have a lot of patience then you will not be able to a good forex trader and make money because it will need a lot of time to come up with a good mindset as a trader and also have a good strategy in trading but it is all worth it if you are very sure that you will pursue forex trading.
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May 31, 2017, 08:29:09 AM
 #474

A lot of money can made from forex trading, in forex trading a good trading strategy and a sound money management is the key to a successful trading. Although some minor losses will be incurred but in a long run profit will be made with a good risk to reward ratio r:r of aleast 1:1.
Yes true, but there is a big risk that could make all of our money runs out, I do not like the forex because it is not transparent and prefer trading cryptocurrency because it is more profitable.

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May 31, 2017, 09:33:59 AM
 #475

Anyone tried or currently trading forex is it possible to make money on it?
Yes very much possible! Only thing was it needs some requirements before you can make the actual  trade in the market. You need to have an checking account savings in the bank and broker. Unlike in crypto trading it doesn't need it just put a balance in the exchange bitcoin wallet you start at once fo doing trade.
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June 01, 2017, 08:00:33 PM
 #476

I am still unsure of this forex and maybe I do not know how, and maybe I will start to learn about forex so I can increase my income well.
Maybe all will not go smoothly but the beginning of success will make me succeed in a better future.
i never use forex, and do not have any idea about forex exchange , or forex income, to me i am earning a good profit from bitcoin and that is really enough for me.
Forex has a lot more liquidity, since a lot of money is moving in those markets but the problem with forex is that you need to reveal your identity to the broker and also you need to have a bank account and in many cases I have seen that the minimum amount you need to put in your account is one thousand dollars and when we compare it to the amount of money you need in crypto that is simply too high.
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June 02, 2017, 06:53:42 AM
 #477

well first time i heard about forex the forex site is about to close.
All of the forex site will be close someday but you earn from it if you are pioneer many chances of winning if you are pioneer.
We can make money on forex.
I don’t know where you got your information from, Forex is not about to close. Brokers may stop pairing certain currencies against each other though if Bitcoin gets intergrated as an official currency then the whole Forex thing will stay alive much longer than it was planned for because someone out there may be willing to trade their Bitcoins for old currencies.

 
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June 02, 2017, 07:27:10 AM
 #478

Yes, you can make money on forex. But it depends on how fast you learn and if you learn faster than your funds run out:) Statistics show that most of forex participants loose their money, and I believe that. But if you do it right, and you are not trying to become a millionaire during one night, then sure, you can make forex your additional income source.
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June 02, 2017, 05:13:35 PM
 #479

well first time i heard about forex the forex site is about to close.
All of the forex site will be close someday but you earn from it if you are pioneer many chances of winning if you are pioneer.
We can make money on forex.
I think you are mistaking the forex market with the broker, the forex market is not even close to closing its doors, however a broker may close its doors for all kind of reasons, like losing money on forex, or not getting enough clients, lawsuits and all kind of things that happen to a business that is operating in something as risky as forex.
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June 02, 2017, 05:42:45 PM
 #480

You can make money with anything. Is Forex the best choice? I don't think so. Highly volatile and you need to use extreme leverages to catch the price movements. You can wipe out your entire investment within minutes.
I think there are much better ways to make money. Like trading with real products, opening an online service or investing long term.
Avoid Forex if you can. I did it all and you will only succeed if you are either extremely lucky or devote your entire life to it.
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