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Author Topic: Can you really make money on Forex?  (Read 29951 times)
3la9l_kolbaCa
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June 10, 2017, 06:09:52 PM
 #521

Yes we can make money on forex, forex trading is made to produce some money but in forex your money's interest will be so slow to make profit unlike the other investment your profit can gain more than the forex. forex can make money but it is slow to make some profits,.

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Kompodd
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June 10, 2017, 06:17:00 PM
 #522

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

I too very easily played with false money, but it does not give pleasure and does not force to estimate a situation really. When you play real money, you begin to better analyze your actions in order to stay in profit.

vrm86
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June 10, 2017, 06:17:09 PM
 #523

Yes we can make money on forex, forex trading is made to produce some money but in forex your money's interest will be so slow to make profit unlike the other investment your profit can gain more than the forex. forex can make money but it is slow to make some profits,.

No it's not. It's just a competition between market participants. If anyone wins anything, that means that someone else had to loose. Only real winner is broker, which takes a fee Wink
Mbokani
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June 11, 2017, 02:38:01 AM
 #524

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.
Investment is one thing and knowing the market is another thing,if you really want to make profit,make sure that you study the entire market and wage whether it will make a profit,forex does gives you are good amount of profit,but the volatility level is really low,so the amount of profit you can make will be less compared to other markets.
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June 11, 2017, 03:22:50 AM
 #525

Forex is a game of the most rich people of the world, with banks and countries big interest, all of those big players are present at forex, i know some people are able to trade and live from it, but the risk at forex are high, as i newbie i tryed once i made 350 dollars into 2 hours, it were lucky. Then i travel and i lost all my balance, the lesson were dont let your order open, the risk is too high.
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June 14, 2017, 06:09:49 AM
 #526

Going into Forex doesn’t mean instant money or instant returns. Haven’t you heard of “money makes money?” You have to sacrifice a lot to gain a lot but in Forex you can sacrifice a lot and still gain nothing. Most likely that you’re going to lose more. I’m not saying Forex is a bust; you just need a lot of time, patience, and money. You’re always going to be constantly learning and you’re going to need to be fast in thinking. Many people have made their living out of Forex and are successful at it but it took a lot of time to reach where they are now.
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June 15, 2017, 07:07:30 AM
 #527

I have been struggling in forex trading more than 10 years. I dont have an airplane from forex yet. But at least, i can have more material than people around me. Can share with people who are less fortunate using profit forex. Grow into big and strong trees, give more benefits.


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btctube
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June 15, 2017, 07:11:50 AM
 #528

I have been struggling in forex trading more than 10 years. I dont have an airplane from forex yet. But at least, i can have more material than people around me. Can share with people who are less fortunate using profit forex. Grow into big and strong trees, give more benefits.

Took you 10 years and you didn't realize you aren't going to be good at it after just a year of trading on forex? You must be the most stubborn kid I know.
Let's say you burned $100 a day on FOREX becuase you chose just less leverage trading on some broker you were in, that's something you really have to think still.

Forex isn't for everyone.
Zemangat
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June 15, 2017, 10:16:27 AM
 #529

yes. With forex we can make a lot of money. But it takes a lot of funds as well. There is a friend in a day he is able to produce 100 $
BossMacko
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June 15, 2017, 11:01:49 AM
 #530

As long as you are good you can make money in any trading site, I know some people who are making money in Forex because they are expert in trading, though they lose sometimes but the profit that they gain there is bigger than their losses. Just practice and get more experience soon you'll make money from Forex when you become pro in trading.
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June 15, 2017, 12:44:53 PM
 #531

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.


This is the answer  Grin
Baby Dragon
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June 18, 2017, 05:35:58 PM
 #532

Anyone tried or currently trading forex is it possible to make money on it?
Yes many have already made millions out of both forex trading and crypto trading, you can search for few of their testimonial videos and success stories. Actually you need to gain really nice skill as well as good amount of experience before you can make constant and regular profit with forex trading same applies for crypto trading.

Patience is always a key of success in Trading.
Well, its yes that you can make money from Forex because it is a trading site. Furthermore, One of the best source of income is trading and Forex is a kind of trading site so I think that you really make money from Forex.However, You need to be smart and has a business skill if you want to trade in Forex because there many professional trader that get a high profit in Forex.

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Cazkys
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June 26, 2017, 06:12:04 AM
 #533

Forex has been established ever since. Many businessmen are learning Forex because they could get money from it. More investors are investing. Even though they had gone to lots of lost, they still engaged on it because they know you can earn big money from it. With further study and right timing, you can really dig some gold. Yes, you can make money on Forex.
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July 11, 2017, 05:40:35 AM
 #534

Forex is the world where my imagination stops and I don’t trust the reality. I zip lock my wallet and keep it away in secured location that is unknown to me as well. Yes I don’t like forex and it is the easiest way to loose your money.
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July 11, 2017, 05:48:00 AM
 #535

Forex is for day traders, need to be good at it to make consistent profit but lots can be made if you are. Big banks all around the world trade on it, there's definitely profit in it, comparing it to a casino is a pretty poor comparison.
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July 11, 2017, 09:38:00 AM
 #536

Forex is the world where my imagination stops and I don’t trust the reality. I zip lock my wallet and keep it away in secured location that is unknown to me as well. Yes I don’t like forex and it is the easiest way to loose your money.


Yes, this can really happen if one doesn't have any requisite knowledge about forex trading before going into it, especially if one delves into it with the sole aim of making money without learning the ropes. However, people do make money from trading forex. Of course, it controls over one trillion of dollars on daily basis. There's much money to be made from it the same way there's much to lose from it too.

Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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July 11, 2017, 10:54:56 AM
 #537

On Forex it is really possible to earn only it is necessary to spend enough time for studying how it works. I did not have the patience to trade on forex and I decided to invest.

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July 11, 2017, 11:46:58 AM
 #538

Trading in commodities and equity cash is much easier for me, but even its possible to profit in forex. But it kind of requires more knowledge and analysis skill of day to day news worldwide. The predictions or understanding the forex market is bit tougher for me.

But making profit is possible for sure in the market.
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July 11, 2017, 11:53:07 AM
 #539

I will also lend my voice to this that its very much possible to make money in forex and this is something I have verifiable evidence on considering the people that I have met who are even close to me which means I know they cannot be lying about it but the issue is that they went on a standard and adequate training before engaging in it because to my understanding, its very much risky even riskier than the crypto-exchange market that I am very used to.
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July 11, 2017, 11:54:36 AM
 #540

Anyone tried or currently trading forex is it possible to make money on it?
I think people can make money on forex. However, it is very difficult for many people, need full knowledge of technical analysis and need to make an effort to be able to make a lot of money from it.
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