can you really make money in forex?

[Chorology]

There are many people who have made money in forex. You learn to master trading as you gain experience. Understanding how to deal with the market sentiment and come out with profit rewards is a challenge at first but it is not impossible. Discipline and patience are two things with which many people win.

 

[Dream chaser]

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

a lot off money can be made its a billion dollar industry at the same time you can lose a lot off money

 

[Dream chaser]

im loving this platform it allows us to share our opinion on forex related topics

 

[Angiosperm]

Yes, the forex market is legit, and you can make money from it, provided that you have the correct trading skills for it. Technical & fundamental analysis, risk & money management, and planning are some of the skills you need to be good at to become a successful trader.

 

[Macromania]

Of course, you can. But before that, you will have to go through a lot of challenges and losses. It’s not easy for every trader to become a successful and profitable forex trader. You have to work on your skills from time to time to develop them to face real market challenges.

 

[Hootenany]

Definitely, you can! But it’s not going to be simple. I am not sure whether you know or not but trading forex is compared to setting up a business where losses, stress, and struggle come naturally. It is a long rocky highway before you find an easy road to success.

 

[slaimber]

Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury.

Yes, I agree. Forex is tough. Easy to win, easier to lose. Psychology is a very important factor.

 

[05071991R]

I agreed that forex is hard. However, one has to be patient to learn it.

 

[hicham16]

Hi,
Forex Trading Market is complicated, Sure you can make money but it need a lot of hard word and clear strategie. the most important item is to manage the Risk, one trade can make you loose all profit and capital if you do not manage risk correctly.
Good luck

 

[onomatopoeia]

Yes, it is true that you can make money in forex trading. However, it is important to remember that forex trading is a high risk activity and you can lose all your money. Therefore, it is important to only invest money that you can afford to lose.

 

[Shaner3]

You absolutely can, but it takes a lot of money and effort to start becoming profitable.

 

[Monopial]

You can but I am no one to guarantee anything. Forex trading results are too individualistic because when you have your money involved, you tend to lose calm and make decisions in accordance with the results you have been obtaining. So, it’s hard to say anything about what you can make through trading forex.

 

[Descrive]

Yes, you can make money in forex. Just get your trades right and focus on the right things. The market is a little harsh for those who don’t study well. So, give enough time to your learning and make good trades.

 

[Wordplay]

You need to possess three emotions if you wish to trade successfully, i.e; patience, determination and strong passion. As long as you don’t give up easily, profit can be made. Best of luck!

 

[Meamonk]

Every trader uses a different way of trading and so, every trader makes a different amount of money per trade. Trading is also a game of patience. Those who can patiently trade and improve often end up becoming successful and rich.

 

[Balshine]

You can make money through forex trading but there is no guarantee. It’s not about forex trading in general but what you do as a specific forex trader. Take time to develop an understanding of the market and build your strategy in accordance with that.

 

[gentle_elder]

YES MOST DEFEINITELY POSSIBLE,,
I personally know many successful forex traders

 

[Someecat]

If you have a good strategy and a good trading plan, then there's a good chance you can make money in forex trading. The key is to always remember that forex trading is a risky business, and there are no guarantees. Making money depends on a number of factors - your trading strategy, your trading plan, and your risk tolerance.

 

[Acetarious]

Forex trading can definitely be a good way to make money. However, making money is not an easy task. Forex trading necessitates extensive market knowledge and comprehension, and it takes time. Based on your knowledge and expertise, you can make a lot of money in the forex market.

 

[Charles Agustin]

Learning has become so easier now because of the availability of internet. Read e-books, watch video tutorials to strengthen your trading quality.