Earning a livnig
- Thread starter Libramid
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Of course, many earn money by living in trading and everything connected with it, although there is the other half, those for whom this is just a hobby
Only if you learn and get indulge into knowledge and learning more about forex, rather than jumping into trading without having any skills or knowledge.
I'd say that to earn $1,000 per month with Forex trading, you'd need about $100,000 in trading capital.
say correctly, but after all basically everyone who starts has capital with almost no zeros
If you intend to live from forex, start planning your future from very first point. Equip yourself with good knowledge and build your skills and strategy during time. Dont forget that you will also need to have substantial capital invested in order to generate enough profits
With a decent amount of capital and the right knowledge, yes it is possible to earn a living by trading forex.
I remember reading a study where the results showed a $3k profit per month off of a $30k investment. Of course several factors would affect that but it was just to kind of give a general idea of what you could make.
Yes but it's contigent on a few factors.
Your bank roll your average % per month P/L .
To have say $2k per month would require $20k of a balance at 10% roi each month
Your bank roll your average % per month P/L .
To have say $2k per month would require $20k of a balance at 10% roi each month
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