Live off of Forex only? - Page 2
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Thread: Live off of Forex only?

  1. #11
    Frankly speaking , if anyone thinking it's possible to earn money from here quite rapidly he was living in a fool's paradise, because there is nobody who can forecast the true faction of the market with surely. The success is related with long term procedure in Fx so we must be patience to start with , otherwise we'll be failure.

  2. #12
    Quote Originally Posted by ;
    Frankly speaking , if anyone believing it is possible to make money from here very quickly he was living in a fools paradise, since there is nobody who can predict the actual faction of this market with certainly. The achievement is associated with long duration process in Fx so we must be patience to start with , otherwise we'll be failure.
    There are probably a few men and women who started profiting fairly quickly once they started trading, but they are so few and far between that they are the exceptions rather than the rule. Err on the side of caution and do not attempt to rush the process, you'll only eliminate money.

  3. #13
    Quote Originally Posted by ;
    Frankly speaking , if anybody thinking it's possible to make money from here very quickly he was living in a fools paradise, because there is nobody who can predict the actual faction of this market with surely. The achievement is related with long duration process in Fx so we have to be patience to start with , otherwise we will be failure.
    Yes, I came into the area of fx while I had been looking online looking for ways to earn money. There's a lot of misleading advice about fx and also how easy it's to earn money in this organization. I was also one who thought that, but it was to be quite the opposite. Its very easy to lose and very hard to acquire in the long run.

  4. #14
    These advertisements are so harmful. They create false expectations in traders and give the entire industry a bad reputation. They're not helping anyone.

  5. #15
    Yes most times those websites wwho assert this can make a commision for bringing in a new member into the broker, which means that they tell you about whatever you wanna hear just to get you mad.

  6. #16
    Lets not beat around the bush here such as alot of the other anwers. Ofcourse you can.

    The key is compounding.
    Learning anything is straightforward.
    1. Get the Ideal eduion. -- The Ultimate Forex Course - (https://www.tradingcourse.net/) - do not solely rely upon the ”free” sources online.
    2. Risk management is 95 percent of becoming profitable. If you do **NOT **handle your risk. You **WILL** blow off your account. Strategy is 5%
    3. Do not try to learn it. You **WILL** shed a lot more money than the value of a **GOOD **course. Consult with the link above.
    4. Once you have the solid eduion from a trusted source, THEN you practice using a demo account until you have solid dependable, repeatable outcomes.
    5. If you cant hack trading, and all else fails then signup to the automated trading platform, which will net you 5--10% per month, with all the teachers mentioned previously. This alone compounded will make you very wealthy over time.

  7. #17
    Trading is a profession. Like any other profession, it's a small fraction of highly successful professionals and a high percentage of moderate or average performers. And just as with any other profession, it requires a lot of learning, knowing the mechanics of the markets, acquiring skills and experience and exercising egies and egies which you can follow.

    Whether or not you're going to have the ability to make a decent living from it depends upon several things. Using a will to succeed and ability to persist despite setbacks and heartbreaks are probably the things which can help you most. And be prepared for several years' hard work before you are able to be truly successful.

    Forex is just one of scores of markets a trader can exchange. As soon as you master market analysis, you can probably exchange any market that goes with a high prospect of succeeding.

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