To be fair getting rich is easy with forex if you understand what you are doing, and atleast it requires 10k to get started.once my account will soon hit 10k size, I might think to trade for living, until then I have to work 9-5
To be fair getting rich is easy with forex if you understand what you are doing, and atleast it requires 10k to get started.once my account will soon hit 10k size, I might think to trade for living, until then I have to work 9-5
Yes why not , anybody can be rich quickly to perform forex trading however that he should be experience and need to be more professional .
You might find these youtube videos interesting.
As for the thread topic....
The only ways of getting rich fast at FX (as a retail trader) would be to:
1. Take outrageous risks, and also be unbelievably lucky (take the approach employed in threads such as this or this), or
2. Find an outstanding mentor (preferably one who understands how heavyweight players manipulate price motion)
Otherwise it's years of long hard study, and even then you might not create it.
We can get rich from Forex quickly when trader is getting proper trading skills and knowledge and has ability of earning good and consistent profit so trader should focus on learning first to make good and consistent profit.
Agree. In case you can the follow up principles and manage the risk properly it's possible to get rich immediately.
How can you think George Sorros got to where he is today - by utilizing the same egy, and hooking more investors to put money into his hedge fund.
It seems like brokers managing huge cash for other has bigger chance of becoming rich faster than the trader.
I agree that better begin on little amount and very low risk.