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Author Topic: Can you really make money on Forex?  (Read 29951 times)
geegaw
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June 08, 2017, 02:52:17 PM
 #501

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
Surely making money from forex is possible and the amount of money we can earn is huge. However, forex is a very dangerous place, the risk is always stalking everywhere and just waiting for us not to be careful, it will take away everything our. You can learn forex analysis, technical analysis but sometimes all will be useless in forex, this is a real battlefield, only the professional will survive. The forex is not as simple as in your mind, it is very complicated and it will remove you if you can not afford to adapt

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June 08, 2017, 10:24:31 PM
 #502

We can really make money one forex, because of there were millions out of both forex trading and crypto trading, and base on the  search of some testimonial videos regarding their success. The key for you to achieve your goals in trading forex, you needed to gain enough understanding to aquire better skills as well as reliable pillars of experience before you can make constant and regular profit with forex trading same as what we did for crypto trading.

 
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June 09, 2017, 06:37:20 AM
 #503

Many of my friends make money with forex, and he can really make money quickly. But I do not dare to forex trading because it is very scary, I prefer  altcoin trading, the risk is smaller than forex, altcoin trading fee is also smaller, I only minimize the risk
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June 09, 2017, 07:36:54 AM
 #504

Yeah, you can make money easily with forex, you can also spend your money easily in few seconds. Forex trading is a very risky thing, my friend who is a forex trader says you should at least "trial" forex for a year before using real money
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June 09, 2017, 07:45:33 AM
 #505

Many of my friends make money with forex, and he can really make money quickly. But I do not dare to forex trading because it is very scary, I prefer  altcoin trading, the risk is smaller than forex, altcoin trading fee is also smaller, I only minimize the risk
if you understand the risk and how things works inside forex you will able to gain good amounts of money playing with its movements
just same thing with alts fluctuations are there just needed to read a lots of news to be aware if what would be the good trade to support
its a matter of understanding and taking the risk.
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June 09, 2017, 07:45:37 PM
 #506

seriously brotha?
you ask about forex is can make money or not?

no forex,economic global will same like stone age dude
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June 09, 2017, 09:54:42 PM
 #507

Yes, it is absolutely possible to make money in forex, a good forex trader will surely have a profitable strategy and a good money management system I visited forex forum like forexfactory where i came across forex traders that makes consistent profits having invested huge deposits while trading with 3-5% of their investment.

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June 10, 2017, 03:02:26 AM
 #508

Of course forex can make money and if you want to get big profits there, you have to dare to take risks by investing your money by a lot, but before doing it all at least you already have knowledge about trading system.
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June 10, 2017, 07:50:03 AM
 #509

Forex trading is no different with other trades. And every trade produces a profit or loss. I am still trading forex till today and have enjoyed benefits are quite satisfactory. Accuracy in analysis and learning from experience very influential in determining your success in forex trading.
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June 10, 2017, 09:37:42 AM
 #510

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.

If winning in Forex is not possible why are they still in the Forex business then, it's easy to lose your money in Forex trading when you don't have a clue about what you are doing, you just don't buy a currency and hope it will rise to make profit, you have to do some research. Example the election in the UK recently made the British Pound lose some ground, these are some of the factors you need to keep an eye for.

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June 10, 2017, 02:22:16 PM
 #511

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.

Yes, there's that in-house manipulation but beside that there's enough juice to be made in the forex business. I once did make money and withdrew in it. I don't think it has to do with large pips range. One can still have a little pip target and still be successful. It boils down to financial management and lot size.

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June 10, 2017, 02:24:11 PM
 #512

Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
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June 10, 2017, 02:30:42 PM
 #513

Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
Practicing with real money in Forex is a very dangerous move nobody should really try to do unless they know how the correct terms within Forex trading.
I am pretty sure that the whole Forex thing is based on trial and error so I would practice with fake money before using the real thing.


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HatakeKakashi
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June 10, 2017, 02:43:49 PM
 #514

Many of my friends make money with forex, and he can really make money quickly. But I do not dare to forex trading because it is very scary, I prefer  altcoin trading, the risk is smaller than forex, altcoin trading fee is also smaller, I only minimize the risk
if you understand the risk and how things works inside forex you will able to gain good amounts of money playing with its movements
just same thing with alts fluctuations are there just needed to read a lots of news to be aware if what would be the good trade to support
its a matter of understanding and taking the risk.
One of my friend also earn a lot of money . He earned thousands of dollars in forex but he said to me forex is very risky they have big chances your money loss if you do not have a lot of knowledge how its really works dont try this this. I think more safe trading altcoin than forex.but it depends also on your knowledge many people love trading and many people love also forex for sure.

 
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June 10, 2017, 04:00:28 PM
 #515

Forex can also generate big enough money, if still do not have forex experience you need to learn first because forex trading more risky than trade in bitcoin or altcoin. If you already have a funeral to join forex trading better.
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June 10, 2017, 04:04:06 PM
 #516

Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
Practicing with real money in Forex is a very dangerous move nobody should really try to do unless they know how the correct terms within Forex trading.
I am pretty sure that the whole Forex thing is based on trial and error so I would practice with fake money before using the real thing.

On a demo account very often it turns out well to play, because there is no sense of a real game, and with real money then there is only one loss.
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June 10, 2017, 04:42:33 PM
 #517

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

I don't have actual experience trading forex but I once invested a little savings on it. I earned, not a lot, but the initial agreement was that the trader would give me 10% maximum monthly interest on my investment. Well, there wasn't a month when the interest reached 10%. The interest was always less. But I learned nevertheless.

A few people I know used to earn 12% fixed monthly interest on their investment.

So if the traders were able to provide such gains to investors, they must have large earnings through forex trading. 
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June 10, 2017, 04:48:14 PM
 #518

definitely yes, no one will invest in forex if they're not profitable. But every capital is at risk, but if you perform well and execute good strategies you will gain decent or big profits.
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June 10, 2017, 05:04:26 PM
 #519

Many of the most successful forex traders are right about the market's direction less than half the time. Since they practice good money management, they cut their losses quickly and let their profits run, so they are still profitable in their overall trading.
Practicing with real money in Forex is a very dangerous move nobody should really try to do unless they know how the correct terms within Forex trading.
I am pretty sure that the whole Forex thing is based on trial and error so I would practice with fake money before using the real thing.

On a demo account very often it turns out well to play, because there is no sense of a real game, and with real money then there is only one loss.

I used to trade forex using a metatrader demo account. I had fun playing fake money. The game was relatively easy because losing fake money was not painful. And I earned... fake money in return.  Grin Grin
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June 10, 2017, 05:53:22 PM
 #520

definitely yes, no one will invest in forex if they're not profitable. But every capital is at risk, but if you perform well and execute good strategies you will gain decent or big profits.

That's the same question as: why people go to casino? It's obviously unprofittable. You can have sophisticated strategies, you can spend hours every day, but after all it's not about trading, it's about placing bets against broker - if particular asset would go up or down in some timeframe. 
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