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How hard is to earn good money with forex??


This discussion is about "How hard is to earn good money with forex??" in the "Business, Finance & Economics Discussions" forums.
Forex is a good idea for earning money and there are many people who got really great income because of it like it happens with ...

  1. #41
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    Forex is a good idea for earning money and there are many people who got really great income because of it like it happens with cryptocurrencies too. However, for becoming a successful Forex trader you should have certain knowledge about it and experience of course, that's why it's recommended for newbies to start from small money investments in it.
    Experienced traders recommend to start from a demo account which will save you from great money loss and is very helpful for learning in the very beginning. You need also to be disciplined https://www.investmentwatchblog.com/...inner-traders/, develop skills of analysis for trading currency pairs and find later a reliable broker for managing all your financial operations.

  2. #42
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    Even retail traders like us can be profitable in Forex maskin gamay ra ang experience or with no experience at all. Now adays companies are leveraging thru technology and uso na ang mga AI. There are softwares/robots out there that can help you with trading even if dili paka kamao becuz its automatic. If you dont leverage technology you will be left behind. PM me if you want to know more about the robot or AI used in Forex trading

  3. #43
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    I think this is very risky and I do not advise you to start making money this way. I know a good way to get money fast and easy. You do not need to take risks in the casino or perform hard and illegal work. You can turn to this company for help and they will help you find the best lenders who will provide you good credit conditions if you https://www.lendgenius.com/need-money/ need money. I have been cooperating with them for more than a year and guarantee you their reliability and high professionalism.

  4. #44
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    I am using AI or robot in trading forex. While busy with my full time job, i am earning profits on the other hand.
    I can show you my fxbook if you want proof.

  5. #45
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    I agree that forex gives a lot of opportunities to earn. I also started to trade and prefer cryptocurrency for this purpose. Recently, I opened https://btcbit.net/buy-bitcoin-btc-with-credit-card for myself which is a perfect exchange platform, allowing to buy crypto just using a credit card.

  6. #46
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    This simple risk-controlled strategy indicates that with a 55% win rate, and making more on winners than you lose on losing trades, it's possible to attain returns north of 20% per month with forex day trading. Most traders shouldn't expect to make this much; while it sounds simple, in reality, it's more difficult.
    Even so, with a decent win rate and risk/reward ratio, a dedicated forex day trader with a decent strategy can make between 5% and 15% a month thanks to leverage. Also remember, you don't need much capital to get started; $500 to $1,000 is usually enough.
    Balance does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.

  7. #47
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    Yep, making money is a really hard occupation. That is a kind of art. You have to work hard and to be very educated. To know what you want exactly, your scope. Also, the process of making business must be very detailed and to have a straight and clear structure. Always have a database, and write all the spending. There is also a digital asset management system that helps with work very much. Nowadays many companies use this kind of programs, they are really effective

  8. #48
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    I think it’s very difficult and you should not start earning this way if you do not have experience

  9. #49
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    I think that trying to make money on Forex is a good idea and I hope that you will succeed in this area. I have experience in this field and I can give you useful advice. I think it’s very important to choose a good strategy. This site https://fx-list.com/blog/strategies/...ading-strategy can help you. Do not worry, it is free and easy to use. I am sure that you will find a lot of useful and necessary information for yourself there.

  10. #50
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    Quote Originally Posted by Qvent111 View Post
    Yep, making money is a really hard occupation. That is a kind of art. You have to work hard and to be very educated. To know what you want exactly, your scope. Also, the process of making business must be very detailed and to have a straight and clear structure. Always have a database, and write all the spending. There is also a digital asset management system that helps with work very much. Nowadays many companies use this kind of programs, they are really effective
    I wish someone else could tell me about this before. Thanks.

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