Is forex really profitable?

[Royal Pande]

How Profitable is Forex Trading? Generally, profits and losses are almost unlimited within the Forex market. Mostly, it depends on your risk appetite, your trading strategy, and your level of understanding. Start trading for skill rather than a profit, and in time, the profits should accompany the skill.

 

[Electric Rainbow]

Generally, profits and losses are almost unlimited in the Forex market. Mostly, it depends on your risk appetite, your trading strategy, and your level of understanding. Start trading for a skill instead of a profit, and in time, the profits should come with the skill.

 

[Shing1985]

If we can learn and adapt to the risk involve in forex and able to trade wisely in the market knowing how to minimize our risk and maximize our profit it will be a better way to earn money quietly.

 

[2iquelo]

I have been trading for the last 3 years and my hoest aswer is yes and no. The reason why I am saying that is because there is so much more to forex than you may think and one of those things is that forex is not meant for everyone. How much profit you make in forex depends on your abilities.

 

[Ishnnis]

Yes it is and infact it is the most profitable business that I have ever done and still is. If you know your way around forex then you can make so much money at the comfort of your home. The expert traders will tell you the very same thing. All you need is knowledge and confidence

 

[my360cam]

yes .. profit

 

[Gravelwing]

Forex trading is only profitable to those that take it seriously because if you do not then you will fail miserably. All that you need to have is knowldge and be abel to apply the knoledge. You also need the ability ot think fast and to think carefully in many different scenarios. Everything else will just fall into place.

 

[FxVPS]

Yes, Forex is profitable if you can learn well and practice well in demo. Then build a strategy to trade and then apply your knowledge in real trading. You need to keep patience for trade, have to be disciplined in trading, then you will get profit from Forex.

 

[Nihuginn]

I have a feeling that we have begun to forget that risks are present in many areas of business.
You have to learn to work with it, and that's the whole secret.

 

[Blackfont]

Well, if I didn't believe that, we obviously wouldn't be on this forum and we wouldn't be trading. Anything is possible if you manage to become a professional.