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Is there money in Forex?


Guest Rose223

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Guest phoenix88

I have heard a lot of stories and even heard some around the internet, regarding forex. Most of them do earn and I never come across to that individual who lost tons and tons of money in forex. I was just wondering if there is indeed money in forex and how to get to that level?

 

Do you also ever heard about people who have lost their money in forex tradings?

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Yes off course there are some people who has gotten consistent

profits from forex market. For me personally, I only withdrawn profits

from forex several times. I am newbie in forex market so I trade with

low risk and I seldom to withdraw but it's true that forex can give us

some bucks as long as we can predict the market well.

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Yes off course there are some people who has gotten consistent

profits from forex market. For me personally, I only withdrawn profits

from forex several times. I am newbie in forex market so I trade with

low risk and I seldom to withdraw but it's true that forex can give us

some bucks as long as we can predict the market well.

 

Your in the right track. Going for small but consistent profits.

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@amcfx

Yes, it's okay to get small amount of profits but it can be gained consistently. And also if we can get consistent profit, so it means that our performance in forex is getting better.

 

yes I agree with you we should not get greedy on our profit here as for me

a little amount will do as long as I have been consistently at profit

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yes I agree with you we should not get greedy on our profit here as for me

a little amount will do as long as I have been consistently at profit

 

we can always change the volume from smaller to higher so that we could get higher profit even if we dont win higher pips, for as long as we have high margin. It is quite dangerous if we just open a trade beyond our margin.

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  • 2 years later...
Guest gaban

The main key is not how much you will get but how long you will survive. The longer you stay the more you'll got. That's all.

Yeah, the consistency of profit that we will get in forex. It's easy to get big profit in one time trading but it will be difficult to make it consistenly, epecially for traders who still learn trading in forex like me.

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I don't know forex has money or no but I know a lot of brokers have millions of USD in their bank. Those included their capital, trader's money, profit,... so we can assume forex doesn't have money but it's like a bridge for broker, trader, bank,... versus together.

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Guest gaban

Yes there is lot of money in Forex and i think Forex is a money making machine and we can earn lot of money from Forex with good knowledge and getting good training.

I don;t think so, forex is not a money making machine, there's no shortcut to get profit consistently in forex, we need process to get profit in forex. And that's right, we need to learn first to get knowledge

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I have heard a lot of stories and even heard some around the internet, regarding forex. Most of them do earn and I never come across to that individual who lost tons and tons of money in forex. I was just wondering if there is indeed money in forex and how to get to that level?

my advice,

1. understand about the characteristics of the pair to be used as a pair trading such as the EU, GU or EJ
2. understand the technical and fundamental character that you use
3. Always use SL and TP as part of the risk management
4. Do not rush in making a decision to enter the market if you are not sure
5. If you have the wrong step, you should stop trading beforehand and let your mind calm down

maybe others can add their experiences

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Guest gaban

There are no shortcuts to earn money in forex. The best and the most important way to earn in forex is through complete forex learning and through continuous forex practice. Invest your time first before invest your money.

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  • 1 year later...

forex is a business that has its advantages. we can make money in forex with a small capital. Or we can also use free like in instaforex capital, where we can trade with bonus posts. so it will be very profitable once

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There is much money in Forex, I can tell you that. But this is not for everyone. You just need to have passion here in order to at least get a constant and steady profit. 1.gif

If we want to start trading in forex, we should start trading with smalla amount in forex trading. We also can hone our skills in managing money and also our trading psychology. Forex trading can be done by anyone but not every one can survive here.

Be more than a trader, be a TenkoTrader

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If we want to start trading in forex, we should start trading with smalla amount in forex trading. We also can hone our skills in managing money and also our trading psychology. Forex trading can be done by anyone but not every one can survive here.

Be more than a trader, be a TenkoTrader

of course, when it started trading then it would be better if we can trade using small capital. because of the condition of a demo account with real account very different especially psychology trading conditions. by trading with small capital we can test the psychology of trading, so we will be able to trade with the maximum.

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