Can you get rich quickly from forex trading? -
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thread: Can you get rich quickly from forex trading?

  1. #251
    Junior Member servigo's Avatar
    24
    Can you get rich quickly from forex trading ? if not ? Why don't you only do the job in general or when there's capital ,why don't you invest your capital in mutual funds, or abandon it to fund managers or something like this , or on the other hand 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 receive over it with a smaller risk compared to handle itself THX to your remarks / participation / input , S.C.
    online casino is a much quicker way to get wealthy.

  2. #252
    This is a miss idea about Foreign Exchange trading, becoming rich quickly. One could become rich quickly but that will be due to his luck rather than skill. We must think about Foreign Exchange trading as a serious work rather than a scheme to get rick quick.

  3. #253
    Member lcoco's Avatar
    38
    of course! Your broker is freaking rich trading against you.

  4. #254
    Junior Member tawnyswine's Avatar
    17
    You most defiantly can but the faster you are able to make cash the faster you can lose it as well. Concentrate on a good egy with reduced risk and great money management and you're going to make money no doubt about it.

  5. #255
    Junior Member Danichesa's Avatar
    24
    If you're able to devote two years into a strict plan you'll have 1-3 million beginning with $1000

  6. #256
    Senior Member sandrapunis's Avatar
    148
    quote whether it is a flunk, ch your resume and go for job search once more
    . . .and add qualities/skills - Pro-active, self-starter, risk taker, resilient

  7. #257
    Junior Member klacid135's Avatar
    27
    quote But what if you feel you know what it is you are doing, you have deposited 20k and stop 9-5, when in reality all before that was a fluke and after some time you are left alone just with you assurance?
    if it is a flunk, grab your resume and go for job search once more

  8. #258
    Senior Member sandrapunis's Avatar
    148
    to be fair getting wealthy is simple using Currency Market if you know what you are doing, and atleast it requires 10k to acquire started.once my account will hit 10k size, I might think to trade for dwelling, until then I have to work 9-5
    However, what should you think you know what you are doing, you have deposited 20k and quit 9-5, when in reality all before this was a fluke and after a while you are left just with you assurance?

  9. #259
    to be honest becoming wealthy is easy with forex if you know what you are doing, and atleast it takes 10k to get started.once my account will soon hit 10k size, I would think to exchange for dwelling, until then I must work 9-5
    you can get to $12,000 with 8 NET WINNERS, using a risk reward of 1:2 and initial risk of $50


    https://www.cliqforex.com/general-fo...en-trades.html


    you are right though. The more money you have the easier it is to consistently make profits.

    Albeit little profits, you can pretty much promise making $300 per day if you have a $100,000 account,
    by means of a drawdown max of only $1000 (1 percent)

    and drawdown max is rarely hit.

  10. #260
    Yes you can get rich quick


    the problem is, newbies lack the skill and patience to do this (awaiting the best deals and pouncing)


    and newbies think QUICK means like a week or monthly. And they believe RICH means over 10 million

    okay yes its possible to go from $100 to $100,000 in 1 month but for a newbie likely not, and even for experienced traders, really hard.


    However, you can go from $25 risk to $117,000 in 12 trades, with only 9 of those being winners (75% win ratio)
    utilizing a 1:4 risk reward and risking 50 percent of their entire account after every win




    largest recommendation to newbies is to exchange 0.01 lots until you can consistently win trades.
    Then increase the risk higher and higher, the more profit you're investing on.

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