thread: Can you get rich quickly from forex trading?

quote That's the wrong question. The right question is, even if you wanna get rich why trade forex? Just open a Business, if you would like to get rich fast. The chance to get rich by running a company is 1000 times higher than by trading forex. Just ask yourself: How a lot of people you know personally (not from the newspaper or TV) who own a company and are successful running it? For me personally I would guess about 20 to 30 Folks. Now ask yourself how a lot of people you understand that trade forex on a professional Basis? For me personally - Zero. I really don't...

Why do people always name numbers but no origin?

So you are stating that its 1000x prone to find rich with a company rather than forex trading. Any source? If not its bs. There are numbers that a big proportion of businesses also fail (for resources google you ll find it quick).

Its the same for this 95 percent are loosers thing. Spread over and over again by individuals. If you show statistics these people are wrong, they insist upon the numbers.

The next point is much more absurd: You are claiming that the number of people you know are a statistical considerable number? How a lot of people do you know 100? 200?

If somebody is operating a company, he deals with people, so everyone is aware he's successful.

If somebody is a trader, he's working on his or her own. Why should he spread his success? Its just stupid.

Forex has one great advantage over other businesses. Its perfectly scalable. In case you have its a lot of effort to open a second restaurant.

But with FX, it doesnt matter if you are trading a microlot oder 100 Standartlots.

Can you get rich fast from Currency Market trading ? if not ? Why not just do the job in general or if there's capital ,why don't you invest your capital in mutual funds, or leave it to fund managers or anything like that , or about the other side if you earn 10% profit from a year in trading don't bother trading independently / does not need to work hard alone leave it to fund managers or mutual funds you will receive over it using a smaller risk than the handle itself THX for your remarks / engagement / input , S.C.

That is the wrong question. The question is, if you wanna get rich fast, why trade Currency Market?

If you would like to get rich fast, just open a Business. The chance by running a business, to get rich is 1000 times higher than by trading Currency Market.

Just ask yourself: How many people you know personally (not from the newspaper or TV) who own a business and are effective running it? For me personally I would guess about 20 to 30 People.

Now ask yourself how many people you know personally that trade Currency Market on a professional Basis? For me personally - Zero. I don't know a single Person that can make a living out of Currency Market.

It's true, you can get rich by investing in currencies but it will take years of subject and trading, time. It is not going to happen overnight and you want to put to generate the pips. .

There is no way to get rich quickly, find the monetary rewards afterwards as you go along the way and you need to enjoy what your doing.

Yes of course you'll be able to get rich quickly....only that it takes around 15 years to become rich quickly....learn the best way to get some pips off the market first and money will follow.
DAnny

If you've get rich quick attitude you won't success in almost any investment.

Because there's a greater risk and you will not be gont create it.

This is one reason that we have more than 95% losers in Currency Market market. The wish of earning money in Currency Market market will get you just losing it quick. That is a systematic process and has to be learned to make a decent money.

Can you get rich fast from forex trading ? if not ? Why not only do the job in general or if there's capital ,why don't you invest your capital in mutual funds, or abandon it to finance managers or anything like this , or about the other hand if you make 10% profit from a year in trading do not bother trading independently / does not need to work hard alone leave it to finance managers or mutual funds you'll get over it with a smaller risk than the manage itself THX for your comments / engagement / input , S.C.

Look to get a good fund manager then inform us

Could you get rich quickly from Foreign Exchange trading ? if not ? Why not just do the job in general or if there's capital ,why not invest your funds in mutual funds, or leave it to fund managers or anything like this , or about the other side if you make 10% profit from a year in trading do not bother trading alone / does not have to work hard alone leave it to fund managers or mutual funds you'll get over it with a smaller risk than the handle itself THX for your comments / participation / input , S.C.

I understand individuals that are currently making a killing trading currencies, but guess what, theyve been in it for over twelve years

quote Simple answer is No. Forex trading is a job of professional men and women. You can't make money by entering into the market. Learning that is extensive is needed by you. This learning doesn't happen overnight. It takes years to create a trading system. Most men and women make mistake by taking forex softly. Because of this they get stripped off from the market.

You're absolutely right; achievement is a long time process; I understand a trader how has almost 4 years trading experience but until today he is struggling; it's not easy to be a consistent performer.