Like forex trading of volatile currencies is risky but there are some rules then when being adhered to can fetch you a money and a living just trading with the forex market.
Can one earn a living through forex trading??
- Thread starter Sincerem
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Just like every well planned business their will be time of abundance and their will be time of emptiness. There are days when one will make serious profit on forex and there are days of serious losses. Learning to maximise the profit and minimize the loss means one can rely on forex to earn a living.
When the bull run comes, the time when you can put no foot wrong, accumulate your earnings and diversify.
When the bull run comes, the time when you can put no foot wrong, accumulate your earnings and diversify.
People who are naturally talented in forex trading can actually make a lot of money from it ,even to a point of earning money that is capable of sustaining them on monthly basis, it depends on passion and interest.
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There are tons of people that are making their daily needs through forex trading but in order for You to be able to make money through forex trading, you must have mastered the act of trading forex and know every aspect and challenges involved in forex .
- Thread starter
- #205
Yes, I agree with you. Any one with forex trading skill can simply relax his mind and stay completely indoors if he can to generate thousands of dollars.
Anywhere most of the things in this world before we succeed in them it is something we have to be passionate and talented in, without it is just a waste of time and resources.forex trading can also be profitable to people that are talented in it.
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Of course you can make a living from forex trading but it will be easier for you to have the knowledge of trading forex market or a mentor to hold you and take you there.
People make it big through forex trading because they have spent time to understand the scheme to an extent. However forex trading should be taken as the only means of earning because it is very risky. There are also those that have failed in it. The key is knowledge and patience.
Just like you see a lot of people making a living tracing and investing in cryptocurrency so it is with the foreign exchange market too I know that personally myself
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I don't agree with you when you said they are wizard. Truly some invested lots of time to study forex trade and are making it big.
But you too with your small knowledge on forex trading, you can start to trade like a pro without lossing your money. All you need to do is to learn a strategy. I don't know much but I trade with ease and I make profits
Yes of course you can be able to make a living through forex trading. There are a lot of professionals who deal on forex trading and there are some companies that deal on forex trading as well.
I have seen a lot of people that have made a decent living only through trading Forex but then they had committed a lot of time into learning and practice.
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Yes trading forex is very risky. But I'd we look at some people as they are trading forex. They will tell you that forex trade is a very lucrative business. Is it that they don't loose at all. No. But there gain is far more than loss. You too can be like them by learning form expert. And you will be a good trader.
First of all, it's necessary to know markets, economy and finances very well. Then, to get always updated on national and international government decisions and events, because they constantly affect markets trend. This is achieved after a long study and in this case yes, it's possible to earn a living through forex trading, even facing some losses (cause unavoidable unforeseen events).
It might be possible to make a living trading forex, but you would require a really huge amount of money in order to truly make money. You would also need to be good at trading.
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Yes it is possible to make a living by Forex trading but after you might have gained experience over time and learned the intricacies attached.
- Thread starter
- #217
Those who are I to forex trading, crypto trading, stock & shares trading etc trading with expertise have every tendency of gaining status of becoming rich.
If banks and big cooperations could be spending a lot of money to hire people to trade forex for them then it is certain that one can make a living through forex trading. A large capital base and technical know and emotional control are what is needed.
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Of course one can earn via forex trading, the only thing is the patience required, the mastery of a particular system and sticking to it without being greedy.
I recently learnt about copytrading where you follow a pro and just copy his trades, you don't necessarily have to know how to trade well. Just fund your account and as he places a trade, you also place automatically. Just be sure of the trader and be cautious
I recently learnt about copytrading where you follow a pro and just copy his trades, you don't necessarily have to know how to trade well. Just fund your account and as he places a trade, you also place automatically. Just be sure of the trader and be cautious
Yeah everyone can earn from forex in fact that's the best thing i like about forex because nobody will stop you from making profit Mr A will get as well as Mr B.
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