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Yes forex is the right platform to make money quickly but also for losing money. Just difference is some give importance learning first, earn experience & then earn money, for them forex is a quick way to make money. And some give importance in earning first & get experience by losing money within earlier time. So Forex can give lots of money if anyone at first complete learn step by step, get experienced by practice & trade carefully.
Forex is not a quick way to make money a it takes lot of time, efforts and hard work to achieve success in forex and to be able to make consistent profits from it.
yes ,Forex is a not quick way to make money but if you want you get hug money earning. For this you must be need wide knowledge about Forex business. as like knowledge of currency, pair, scalping trade,indicators, money management etc.
yup you are right but i think it's better to join demo contests and practice there as well because you are not loosing anything and you might get a chance to win :P although i haven't won any contest since almost a year now :)Quote:
Originally Posted by wolfkamikaz
It is Quick way to make Money for Professional Traders. well, the Truth is that most Traders are actually losing so much Money in this Business.. you should not think that you can be Rich Quick through Forex Trading easily, there is Long Learning Process that you should do to make Consistent Profit, just few Traders can Pass this Process..
There are many stories about the experience of some trader. Anyone have $ 1000 capital, and trading within 8 hours to generate millions of dollars. The trader immediately retire, because it has a lot of money. True or not true story, I am not interested to follow the way of such trading. But many traders who make these stories into motivation trading. Finally happened trading blindly, doing over-trading, and they fall one by one. A quick way to make money? I'm not interested. If there is any trader who can get a fantastic profit in a fast tempo, it's not because of skill, but because of chance or luck. I just want to trade with skill.
i think it will works both way .it can be good way to make quick money or good way to lose quick money .i think when we having good knowledge and experience in Forex trading then we can make good amount of profit monthly basis ..those who having pure skill and 100% winning method they can make very quick money i think
Yes the forex is a quick way to make money but it is only possible when the trader is skilled and have all knowledge otherwise the trader will lose in forex instead of earning.
I think so. Because Forex is a global business so here we have to learn more technical terms. I think that we can be rich in a quick way doing Forex trading.
fiorex is not a quick way to make money..
but it is mot an easy way to make money..to make money in forex,traders need a lot of experience and also good strategy..