Can we get rich by forex trading?

[Bangiszz]

Yea, forex is one of the legit way to make money online nowadays.
You can become very rich trading forex, there are many people who become rich trading forex. Forex is a cool way to be rich.

 

[Muhammadawais]

Is it possible to become wealthy by forex trading? While our instinctive answer to that question would be a resounding "No," we should qualify it. If you're a hedge fund with deep pockets or a very skilled currency trader, forex trading could make you wealthy. However, rather than being a straightforward path to riches for the average retail trader, forex trading can be a rocky road to immense losses and p

 

[Mostee501]

Yes of course, so many individuals has made fortunes from forex trading. It just depends on the way and manner you go about it.

 

[Cash%]

Forex trading is quite risky business trading, you can make profit and make loses at the same time. You need to learn how to trade fron expect and subscribe to signals to be able to make profit in forex trading. However forex is a profitable investment if you are good at it.

Learning is paramount ,but i dont like those signals because many of those signals are fake and scams ,when you are asked to invest on those signals. It would bd better you ignore them

 

[Hammad1245]

Forex trading can make you rich if you invest a lot of money and have professional trading skills and knowledge. Otherwise, for a average retail trader ,it can be rocky highway to enormous losses and potential penury.

All type of tradings are risky. I don't suggest to invest in trading. There are chances that trading will make you poor. You should invest in other businesses.

 

[Samuel77]

yes there's a possibility for anyone to get rich through any business, it all depends on your determination and also your hard-working in that line of business.

 

[Dowenship]

And who told you professional traders with all there knowledge doesn't face risk likewise.... Don't let anybody sweet talk you about forex is florourishing as long you are a professional because they lose money likewise...

 

[Dowenship]

Yes the answer is just yes and partially No... The way crypto can make you the way it can break you. Av read testimonies of pride make a hell out from crypto and have heard of some stories of those that lose there whole asset...

 

[Richard92]

Yes we can get rich by forex trading it all depends on how best we know how to predict the forex market invest and withdraw. One thing you must know is that it involves a lot of risk.

 

[BrolySSJ]

Forex trading can make you rich if you invest a lot of money and have professional trading skills and knowledge. Otherwise, for a average retail trader ,it can be rocky highway to enormous losses and potential penury.

You can get rich, however it will take you a long period of time and you have to make a large investment in order to see good profits. So whilst it is a possibility it should not be considered as a get rich quick scheme because these are business ventures and strategy that require knowledge to get involved with successfully. Also the risk is very high.

 

[Patrik]

Yes you can, but it depends on you as a person if you are able to handle losses or not, also it depends on how patient you are because Forex needs experience and is all based on risk

 

[Giannis]

You can get rich but you have to be patient and very skliifull.And it's not easy.Also you have to understand that forex is really risky so you have to be cautious

 

[Nomad]

You can become rich by forex trading, however, you can also go bankrupt if you continue to trade forex. Forex trading is very risky and it requires a lot of wise decisions.

 

[joy101]

Yes of cause, one can get rich by forex trading if actually you know how to trade on forex trading, you can become rich because I have seen most people that has become rich by forex trading.

 

[Sotherefore]

Its all depends on alot of things, a lot of people depends on the talent you have,you actually have to search within you if this is your natural talent and if it then then you can actually be rich in it, remember digital trading is not a get rich quick scheme.

 

[BrolySSJ]

Forex trading can make you rich if you invest a lot of money and have professional trading skills and knowledge. Otherwise, for a average retail trader ,it can be rocky highway to enormous losses and potential penury.

I do agree with you and i think that forex trading is very similar to crypto trading in terms of the risk that you are taking, however if you are able to manage that risk then you are often able to profit in teh long term. However you have to take the time to develop teh necessary know how.

 

[Senator]

Forex trading can make you rich if you invest a lot of money and have professional trading skills and knowledge. Otherwise, for a average retail trader ,it can be rocky highway to enormous losses and potential penury.

That is very correct. Those with some level of big capital and a not too high trading lot size can hold the market longer than someone who is not skilled with his tiny capital that will just be wiped clean in an adverse market

 

[Bookwormlux]

Sure it is possible to get rich trading forex, but you are not supposed to enter the market with this rich mentality as you could get frustrated in the long run.

 

[GIFTMICHAEL]

Yes of course, we can get rich with forex trading but it doesn't happen over night. Experience is needed to take it high in forex trading and make it a dream.

 

[Richard92]

Yes of course, we can get rich with forex trading but it doesn't happen over night. Experience is needed to take it high in forex trading and make it a dream.

many people have become rich trading in forex trading but one thing you must know is the higher your investments the higher the profit you make and it is highly risky.