Can you get rich by trading Forex?

[Deleted member 1973]

Can you get rich by trading Forex?
Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, Forex trading can be a rocky highway to enormous losses and potential penury. But first, the stats.Mar 5, 2020

 

[( ( ( d[-_-]b ) ) )]

No

 

[epicmogtime]

Why be poor when you can ewhore?

 

[.🇹🇩.]

Why be poor when you can ewhore?

Why be an Idiot when you can be gaycel

 

[poloralf]

JFL nope those forex guys are affiliate marketing maxxing signing you up to forex platforms and making 1k+ per sucker they bring in. JFL

 

[Anaesthesia]

Yo bro depends on how much you study the markets, but to make profits consistently you need to gather the knowledge and practice with demo accounts. It's not impossible but it just requires a lot of studying just like any other business venture, I'm currently day trading and so far today I've made $50 and I believe with time and effort I'll be able to make bank. Lmk if you need help.

 

[Deleted member 1973]

I'm currently day trading and so far today I've made $50

How long you been doing it?

 

[Anaesthesia]

How long you been doing it?

To be honest I've studying forex courses for a couple of months (I didn't pay for any of them), trying to find out which strategies and indicators work best for me. While I was studying I would trade with demo accounts, hoping to hop onto crypto soon.

 

[Deleted member 1973]

hoping to hop onto crypto soon.

Going to hop on Bitcoin?

trying to find out which strategies and indicators work best for me.

How much money do you think you'll make in a year? If you follow a certain strategy.

 

[recessed]

Can you get rich by trading Forex?
Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, Forex trading can be a rocky highway to enormous losses and potential penury. But first, the stats.Mar 5, 2020

No
you're going to lose all your money

 

[EckhartTollemaxx]

Ways to get rich:
Be born rich
Cryptos (same as gambling)
Be gl and sell yourself
Giga wageslaving

 

[Anaesthesia]

Going to hop on Bitcoin?


How much money do you think you'll make in a year? If you follow a certain strategy.

It depends on how consistent my strategy is, but I hope to make at least 1 or 2k by December. I know forex traders that busted multiple accounts before they went onto making hundreds and even thousands a week. However, the chances of getting rich from it are slim but it's not impossible.

 

[Mr_Norwood]

If you need to ask a forum full of losers how to get rich, it's over

 

[Deleted member 1973]

. I know forex traders that busted multiple accounts before they went onto making hundreds and even thousands a week.

How they do it?

 

[Anaesthesia]

How they do it?

Studied vigorously or had a mentor to guide them

 

[Stevensmithgerard]

Studied vigorously or had a mentor to guide them

Would love a little more info on this. Been studying a lot myself, but i want to get to that level...

 

[Deleted member 5818]

No

you can get rich selling how to get rich forex guides though