How to get rich with Forex?

[fxsvps]

Focus on learning and keep practicing on regular basis. Avoid all kind so short cut and focus on deep study. Gradually you will make it happen.

 

[David_diego]

Just work on your skills, knowledge and practice as much as possible. Aim for consistency, getting rich here isn't easy though, but not impossible as well.

 

[Zeenat shein]

To get rich in Forex you need advanced knowledge about market movement, must be experienced in reading charts and volatility of market so according to you can prepare your trading plan.

 

[saim7789]

hello sir,becoming rich in forex not easy task, because it is more difficult platforum from others,and many greedy peoples lose their control because of thier poor strategy, and if you want to become rich then you should learn forex first and after for 6 to 8 months you will be able to make lot of money .

 

[Variss]

I am not sure who is forcing these stories about getting rich on forex on forums? This can be very misleading and very dangerous for people without experience who are coming to this market with only one idea – to get rich. Yes, you can earn money, but it will take you some longer period of time.

 

[Zalea]

Yes, you can get rich by Forex trading the Forex stock market. However, depending on the type of Forex trading might take a lot more time than passive investing. Still, the profit potential inactive trading is often much greater than any typical investing.

 

[Dora_WalletInvestor]

I am not sure who is forcing these stories about getting rich on forex on forums? This can be very misleading and very dangerous for people without experience who are coming to this market with only one idea – to get rich. Yes, you can earn money, but it will take you some longer period of time.

I agree. It is really important to set realistic goals and expectations, it never leads to anything good when people treat trading as a get rich quick scheme.

 

[ForexTus]

its all about building slowly and rich is different for each person

 

[vicjon1995]

Trading forex is not easy. It is not a shortcut to get rich.

 

[sevenone]

Trade for your life. A trader can be rich only by trading if he or she applied the best plan, best strategy, best financial management, and best psychology

 

[Todor]

With the help of a solid plan and consistent efforts, one can get rich in forex.

 

[Jerry_Ken]

Practice is what I believe in. The more we practice, the better the performance over time.

 

[Resolve]

Practice is what I believe in. The more we practice, the better the performance over time.

Many of the Forex traders who are joining this business think that they would be able to get success very soon. But what is important is that you will need to get income on a regular basis and not on just some random trading. This is why it takes time and a lot of Efforts from our side.

 

[e_abrams]

Unfortunately, this miscopception is readily and eagerly fed by brokers advertising themselves in often unethical and sometimes downright fraudulent way, promising quick and easy profits, which never happens.

 

[Terry_8]

Many of the Forex traders who are joining this business think that they would be able to get success very soon. But what is important is that you will need to get income on a regular basis and not on just some random trading. This is why it takes time and a lot of Efforts from our side.

Regular income gain is also only possible if the trader is willing to make good efforts. Otherwise it is hard to even get consistent profits in forex, forget quick success.

 

[Petrick Liman]

You need to become Forex Broker))))

 

[e_abrams]

Practice regular to get best result. Set a fixed goal and plan trades accordingly, with time you will start earning profit.

Do you have any advice about how to form a good trading plan?

 

[e_abrams]

For a newbie I would say first decide how much time you can commit to trading, make your goals, Decide how much capital you want to spend for trading, Fix your risk level and keep yourself updated of market knowledge.

Thank you for that detailed and prudent advice!

 

[Jerry_Ken]

Many of the Forex traders who are joining this business think that they would be able to get success very soon. But what is important is that you will need to get income on a regular basis and not on just some random trading. This is why it takes time and a lot of Efforts from our side.

Indeed the efforts have to be consistent and ongoing.

 

[Fritz Fabiano]

its all about building slowly and rich is different for each person

Well said!