Can you make money trading forex?

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10 Answers

Giorgos Protonotarios Profile
Giorgos Protonotarios , Global Citizen.., answered

Only a few traders can make money from Forex Trading. The reason is that most traders are greedy and try to get rich in a matter of days.. So they simply lose everything at the end as they use extreme levels of risk (trading leverage).

clevon miller Profile
clevon miller answered
Yes money making is possible with forex trading . Forex trading is a lucrative way of making money online, but traders need to follow trading rules and trade in discipline. A disciplined trader can really make huge money.
Ed Everest Profile
Ed Everest answered
It is certainly possible to make money on forex and there are many online tutorials that can help you to learn to trade forex.  It is not advisable to jump straight in and think you are going to make a fortune though, it takes time to build up experience and knowledge and it is not completely risk free!
Benjamin Snyda Profile
Benjamin Snyda answered
Forex trading has a daily volume that exceeds 3 billion $. The great thing is that you can make a lot of money with small investments. The leverages are so high that you can start with just a 100 dollars and trade several thousand dollars with it. The best hint for every beginner is to open a free demo account where you can learn to trade and realize the giant potential of the forex market, i.e. check out this link! when you have become confident to trade with real money you can easily start any time, and with just hundred dollars ^^
Anonymous Profile
Anonymous answered

Forex Trading can prove profitable only for the 1% of the total participants. Why is that? It is simple.. People are greedy and most commonly they try to get rich in a few days..that makes them very risky and lose their money.

SEO Backlinks Profile
SEO Backlinks answered

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Jose K Adams Profile
Jose K Adams answered

It is a real privilege to have been awarded by the well respected Capital Finance International Magazine and World Finance Magazine for our achievements – moreover, for the second time now within a short time span. Both awards reflect the honest feedback of each magazines’ readership of tens of thousands of individual investors, fund managers, analysts, and stockbrokers, which in itself is a testimony of the values we represent at XM Group. Being repeatedly recognized for our professional values and business ethics is both an honor and a reaffirmation of the sustained efforts we make to maintain our leadership in the forex industry. With an international client base of more than 1.5 million active clients, XM Group is firmly dedicated to sustainably serving the benefits of online investors who place their trust in us. This has been the most powerful driving force of XM Group from the beginning.

Anonymous Profile
Anonymous answered

If you want to make money as a trader, there are many things to consider. You need to spend time learning the basics of technical analysis, order entry, order flow, etc. Understanding how the market works is important. Or you can find a personal Forex trader. I prefer to work with RoFx, thanks to this service I have a stable passive income. Find out more info in this review https://forexrobotreview.trade/robot-review-rofx-net/

clevon miller Profile
clevon miller answered
Yes money making is possible with forex trading . Forex trading is a lucrative way of making money online, but traders need to follow trading rules and trade in discipline. A disciplined trader can really make huge money.

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