Just alter your western currency into Zimbabwe dollars or black rupiah through your broker.
Just alter your western currency into Zimbabwe dollars or black rupiah through your broker.
As a rule of thumb, yes, many individuals likely would (and do) lose money. Then again, even if only 'investing', lots of individuals eliminate money and lots of it (bonds, stocks, property, etc.)
There have been numerous threads about whether Forex is betting and the consensus appears to be that if you do not treat it like betting, then you are not. Then you are, if you do. ;--RRB-
So, far, I've had 4 decent periods where I've made a fairly large quantity of money (in comparison to first stake). This activity scales exceedingly well, even into the 10's or 100's of thousands earlier matters such as liquidity and slippage make a noticeable effect, so I can not see any fantastic reason many folks can not make a huge chunk of money from FX.
The only thing stopping folks is largely themselves.
I could agree that in trading, it takes patience and appropriate egies before somebody could actually earn a lot of money from it. Usually those get rich quick schemes are sc or even a fact.
Getting rich is very possible, but attempting to become rich fast is the most crucial thing that the trader could do to themselves that may lead to additional losses.
yup I understand a few pulling over a mil per year. . some. . 500k per month
hedge fund managers of billionaire funds earn 10-100 million each month.
The Same as any thing the it takes hard work Forex is not a get rich scheme but you can make a Fantastic living do this full or part time