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Author Topic: Can you really make money on Forex?  (Read 29951 times)
jorneyflair
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June 02, 2017, 07:14:23 PM
 #481

I dont really get that question to be serious :O
You can always make money on trading, and it does not necessarily have to be trading markets, it is same situation like you buy a car for 10,000$ and sell it for 11,000$. It is simply a trading.

Of course it is possible to make money on forex, leverage can give you a lot of help, but bear in mind that it makes you risk more: the margin call is something you need to br aware of.
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June 04, 2017, 01:30:26 PM
 #482

I do not think that to make money from forex feels hard, about 15 years ago I could got the profit of thousands USD a day only, this is because the analysis is still accurate, but at the moment it feels hard and I leave it.
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June 05, 2017, 07:36:07 AM
 #483

I am still trading forex today. Because forex basically includes investment instruments. So it's no different from other investments and for me in forex trading has a profit  30%/year is pretty good, bigger than doing a deposit in bank.
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June 05, 2017, 08:43:05 AM
 #484

I am still trading forex today. Because forex basically includes investment instruments. So it's no different from other investments and for me in forex trading has a profit  30%/year is pretty good, bigger than doing a deposit in bank.
I envy you a little bit on white. I took up trading on Forex several times, but for some reason I did not get anything done. Most likely I got something to earn and immediately I lost it all. Perhaps I have too little knowledge for trading.
bitcoinvestor
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June 05, 2017, 10:09:00 AM
 #485

Anyone tried or currently trading forex is it possible to make money on it?
What do you mean forex, fiat forex? if that I thinl I will never try. I prefer cryptocoins exchanger. Coin trading is more transparent and easy to be practiced even for newbie. I am a newbie but I made some profit trading altcoins. it is fun and easy but sometimes my prediction isn't correct.
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June 05, 2017, 01:43:34 PM
 #486

Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.
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June 05, 2017, 03:35:15 PM
 #487

Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.

Yes totally agrees with all the things you have said.  Just allocate a fund that you think you wouod be happy even without it.  It is like a gamble so better to place the money there that you do not really need.  Because any moment its price would drop or it would rise.But if luck is on your side then maybe you should try doing the Forex thing.
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June 05, 2017, 03:47:56 PM
 #488

Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.

Yes totally agrees with all the things you have said.  Just allocate a fund that you think you wouod be happy even without it.  It is like a gamble so better to place the money there that you do not really need.  Because any moment its price would drop or it would rise.But if luck is on your side then maybe you should try doing the Forex thing.
I don't know but in general anything outside of banking has risk from real estate investing to altcoin trading everything has risk and it varies from different types of platforms. Right now in Forex what I believe is that it is one of the less risky investments out there because what you are buying are Fiat Currency which we all know are stable the only way you are getting money out of it is when another fiat currency is weaker than what you are holding signifying that you will gain more when you exchange it.
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June 07, 2017, 10:04:36 AM
 #489

Forex is a place where you should risk if you have a big capital, im saying this soo you dont expose your money at big risk, even you already doing with the fact of being at forex alreadyl. I do advice to dont be greedy, and play with 2000-5000 pips, this way you can survive pumps and dumps. But to play forex you will need a lot information, since market does play and react to those always, even being bitcoin you need to be lucky to catch the right moment.
I think luck doesn't matter most in forex because you need on this is a good practice in margin trading including the TA the most important to have a good result .It may give you a profit but it has a more big risk than a usual altcoin tradings. So i suggest if you want to do forex just be ready with the amount that will may unexpectedly lose .

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June 07, 2017, 10:19:16 AM
 #490

Anyone tried or currently trading forex is it possible to make money on it?
Maybe yes, but the analysis is harder and a lot of things which must be learn to play forex and also a lot of experience, I suggest to ask someone to teach you because if you learn it yourself will be very difficult.

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ZzV1Finn
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June 07, 2017, 10:47:29 AM
 #491

On the forex really earn, but there you need to begin with a good study of the theory and much to analyze. This earnings does not suit everyone.

Zemangat
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June 07, 2017, 01:10:54 PM
 #492

Very likely to make money from forex. But before you do that you must first learn forex analysis, technical analysis and fundamentals, before you understand with both my advice do not go into the forex world otherwise you will regret. Try a forex demo before you go to a real account. If you already feel smart and can. Please try a real forex account to make money. But remember the risk of forex
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June 07, 2017, 04:54:38 PM
 #493

I am not into forex trading and as of now am not planning to get into that except if there would be a way that can really minimized the risks -- big risks -- involved in forex. However, don't get me wrong as I am sure that there are many traders who are enjoying their good life due to forex trading. Forex is the biggest market actually and if you can compare cryptocurrency trading into it we are still an infant to forex.
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June 07, 2017, 05:13:40 PM
 #494

Forex is a perfect way to make money if you are intrested in a wrold of economics and you know a lot about the companies, news and other things which are related to economy.

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June 07, 2017, 05:32:45 PM
 #495

Forex is one of the largest financial market in the world. In order to answer this, yes you can make money in forex. But needs to understand this market policy so far it's not easy either task as a newbie because of, it is hard to make consistent profits in forex.

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June 07, 2017, 05:40:28 PM
 #496

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.


Maybe he is talking about one website who does commodity and currency exchanges. Not the whole Forex.
I am kind of shocked when i read it from him. Suddenly, I did google it just for confirmation.
It will not close just like that.
It is like saying to end the world. Grin
Many people will be losing their job and a lot of money is at stake here so better be careful with what you are feeding the people.
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June 07, 2017, 06:39:08 PM
 #497

Forex is one of the largest financial market in the world. In order to answer this, yes you can make money in forex. But needs to understand this market policy so far it's not easy either task as a newbie because of, it is hard to make consistent profits in forex.
I constantly communicate with Directors of the branches Forex and managers who come to my town for seminars and training. Even they say that winning in Forex is not possible. All known systems are only partially working. But it is easier for them they risk other people's money, and we own. I recommend to look for more reliable earnings.
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June 08, 2017, 01:29:48 AM
 #498

The continued slump, but still I feel that forex trading is increasingly difficult to predict, all charts and analyses are often incompatible, many speculators who took advantage of a little so as to make analysis of chaotic.


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June 08, 2017, 06:17:24 AM
 #499

Of course, because forex is a trade. In forex too can loss also can profit. I have long struggled in world of forex trading, with a small fund i still can meet needs of life from forex. And now, i have an income from bitcoin trading.
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June 08, 2017, 02:09:48 PM
 #500

The only issue with forex is the house manipulation, i had used forex and one platafform to another always frozen from some seconds up to 2 minutes when the market news come, soo if you have small orders open you will end loosing them in the general, sometimes you lucky enought to see it over the other direction, soo you need to be fast and close those. Its possible to make money at forex but you need to play safe with big pips, 5000-10000 pips, im not sure if there are houses offering those, but play safe, better earn 0,10 dollar pip then loose all into seconds.
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