Is forex really profitable?

[Potuse]

Some many people claimed that forex trading is very profitable but no one can tell us the degree at which these particular investment is profitable . I can still say categorically that the amount of money invested will depend on the amount of profit you're going to make in this enterprise.

 

[eLdavis]

Forex trading is actually one of the most profitable investment out there anyone can go into. The reason why a lot of persons are not willing to go into forex is mainly due to the high level of risk it carries.

 

[Yohanna]

Forex is really profitable Enterprise to try as a trader because it's a way to make decent money and you will also earn respectable money from this avenue.

 

[Kennysplash]

Yes forex trading can be really profitable if it is done the right way. As long as you have a strategy that you use and you follow it diligently you will see it being profitable to you.

 

[Abigael]

Forex trading is profitable if you understand well how to do the trading. Problem comes when you are not skilled and so you end up making losses.
Note that the more money you invest in forex trading, the higher your profits.

 

[Joy123]

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.

 

[Riberet19]

Forex can be profitable as long as you have the notions that are needed for it, it is not an easy market and it is full of risks, you must study it well and enter having a decent capital to be quite covered, you also have to be very aware of the news macroeconomic above all, ultimately it is profitable depending on your skills and knowledge.

 

[joy101]

Forex trading is a profitable business,so many people do not believe in this, probably because of the rick involved or the may have loss why trading,but the truth is ,when you know how to trade and also invest more money,you make more money.

 

[Billy]

Sure, forex trading can be profitable, but it's not a guaranteed way to make money. Successful Forex traders are disciplined, patient, and have a deep understanding of the markets and the factors that influence currency prices.

While there are many stories of traders who have made significant profits in the Forex market, there are also stories of traders who have lost money. It's important to approach Forex trading with a realistic mindset and understand that there is always a risk of loss.

To increase the chances of success, traders should have a sound trading strategy, risk management plan, and the discipline to follow their plan.

 

[HK World]

Forex trading is profitable for many people, but I haven't tried it yet, and honestly speaking, I don't want to due to the high risk of losing money.

 

[eenya00]

Forex trading is a very profitable venture, as I have seen so many people that have made a lot of money from forex market but I have also seen people that lose a fortune on the forex market

 

[Planbizzle]

To succeed, a trader must treat forex trading like a company and adopt a mature outlook. Additionally, it is based on the trader's degree of expertise, risk-taking abilities, and trading abilities. Success in forex trading can be slow going and requires commitment and hard effort, even though it is possible to earn sizeable returns.

 

[Ononivami]

Forex trading is extremely profitable and it entails enough experience before you can vouch that it is a profitable enterprise to jump on. This is why you need relevant experience to make success in Forex.

 

[Yohanna]

Forex is extremely profitable and it is one of the ways you can generate income if you understand how to trade and you have the knowledge of the ins and out in forex trading.

 

[Syldan]

Actually there is no doubt that forex trading is very profitable.

To some extent I can say, is extremely profitable most especially for those who have acquired the basic knowledge on the skills and strategies to be used for success achievements.

 

[AruneBend]

Some many people claimed that forex trading is very profitable but no one can tell us the degree at which these particular investment is profitable . I can still say categorically that the amount of money invested will depend on the amount of profit you're going to make in this enterprise.

Yes, many people get suceed in forex trading, but it's very risky and can require a lot of experience. For this reason, many people say it's based on luck and nothing else, but truly, there is more to it than that. You also need skills.

 

[Mayorla]

Yes, Forex trading is highly profitable and also risky. With Forex you can make a lot of money and You are also at risk of losing all your money. If you understand how it works perfectly then you would have no problem making money off it.