I think that you can become a millionaire from almost any job or investment, weather Forex or not. Forex pays and I am sure you have see a lot of people online who have made a fortune from it. Banks live and feed on Forex trading. That should answer your question clearly.
Can a person become a millionaire through forex
- Thread starter Erik4150
- Start date
Personally, I see forex as gambling because it involves working with uncertainties. You can learn tricks and skills to be better at it, but in the end, it is still not certain whether you will be successful or not.
So yes, you can become a millionaire, but you can as well lose everything.
So yes, you can become a millionaire, but you can as well lose everything.
In any kind of trading you can be rich if you are lucky or if you have the patience. As they say in the casino, slowly but surely you will gain some winnings and if you hit the jackpot then you become a millionaire. But forex trading is also a gamble so you need to be careful because a high yield purchase can also backfire and you will lose in the trading when the currency you bought went down in value. If you aim to get rich then you can also become poor.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Yes it is quite possible to become Millionaire by using Forex trading, but only a person who have higher amount to invest and have guts to take risk can do this.
Furthermore a lot of experience is also needed to earn huge profit from trading.
This is a rhetorical question I believe. A lot of people already are millionaires through forex trade..its very possible to be a multimillionaire just by trading in forex,even in bitcoin..
Yes, it's possible. But for that to happen, you must have a lot of money to invest in hopes for a return in short time or little money but can still earn profits slowly and become a millionare. Before that you must fully understand how it works and don't invest recklessly Either you can gain big profits and became a millionare or lose everything you have if you have no control over to yourself.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Forex is just like a gold mine if you truly know what you are doing in the trading industry. Yes, it's quite risky to trade but if you know when to trade and not to, know how to monitor the market signals, you are definitely going to make millions of money from forex.
Yes
It depends on how much money you start trading.
If you start with $5,000 and make 10% of your capital each month, yes, you will be a millionaire after 5 or 6 years. Just 10% of your capital each month can make you a millionaire.
And if you start with $100K you will be in 2 years. You can’t do that in any other industry.
millionaire trading forex.
But you have to know it is not easy like you see on the internet advertising and TV.It depends on how much money you start trading.
If you start with $5,000 and make 10% of your capital each month, yes, you will be a millionaire after 5 or 6 years. Just 10% of your capital each month can make you a millionaire.
And if you start with $100K you will be in 2 years. You can’t do that in any other industry.
To become a millionaire is not a tuff job if you have excellent knowledge about forex. Because investing in shares and stock exchange market is risky one. It is really sensitive to deal it. So, improve your skills and knowledge and enjoy high profits through Forex
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Yes, I have seen people make it from forex, but their percentage is very small compared to those that lose. The thing is to be disciplined and not be greedy. Although I have not ventured into it because I have very little knowledge about it. But I am hoping to learn and start soon.
Yes a person can become a millionaire it depends on investment .
You can start the trading with demo account before start the trading with real money .
If you develop proper techniques and discipline you can become a millionaire through forex .
Yea, you can make millions from trading in forex. However, as a beginner, you will have to be patient and gather enough trading skills that would be necessary to be a successful trader. If you start trading with huge capital and with improved skills, in no time, your profits will surpass your loss. After a while, you will make millions with consistency in successful trades.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
I think it is impossible to become a milliniors through forex trading because my friend has already made an invest and after receiving his two withdrawal the third one not given to him. It was not faire with him, and cause of disappointment.
Yeah, it's very possible to become a millionaire through forex trading. Like we are all aware that trading on forex is a 50-50 chance, it's either you win of you lose. But with good signals, your chances of winning is higher.
- Thread starter
- #35
Good point. Forex is risky but can be very very profitable. The people who made millions of dollars through forex trading probably spent several months studying and acquiring in depth knowledge of how forex works.
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Yeah Al that sounds pretty crap to me, Looks like BT aint for me either, Looks like BT aint for me either, Looks like BT aint for me either, Looks like BT aint for me either I trade and I make a lot of money.
Yes one could become a millionaire through forex as a lot of people has become millionaire through forex, but for this to be possible you have to pump in lots of money which is very risky, because loosing such amount of money would be very painful.
Forex trading is good but there is a lot of risk in it, it can be successful in those people who have a lot of experience in it and those people successful who have patience it is not easy to become Millionaire .
Bizdustry Advertising
In-Conversation/Thread Advertising - Click Here to Advertise
Yes, it's definitely possible but it would take a lot of time and especially a lot of patience if you are starting with a low amount of money. On the other hand if you start with a bigger amount of money and already have experience, becoming a millionaire should be easier
I feel like giving another opinion on this topic. Forex is a really different trade. Most people make it seem like a walk in the park and you can just stroll to victory, but the opposite is the order of the day. Froex trading guarantees that you just lose money before you win. Being a millionaire through Forex is very possible, but takes dedication and hard work
Newest Directory Listings
WWE Hub is a discussion forum for all things wrestling! Share and chat with other wrestling fans throughout the world!
ABCProxy is cost-effective, ethical residential proxies network!
