Question
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Can trading fx be enough for living?
10 Answers
<p>Forex trading worth it if you truly want to learn it. If you just want to copy someone else’s tradings, or have algorithms doing the job for you then you will have a painful way ahead. The problem with FOREX is that there is a HUGE community of LEECHES who could not make a living or substantial profit trading for themselves but want to sell every single possible service of product out there to “HELP” you with your trading, promising exponential gains and showing manipulated back-test results, they even take popular trading strategies and concepts re-branding as their own.</p>
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<p><br>Yes, it is. What’s the catch? Learn how to do it right. Of course, this is easier said than done but the reality is that if you think by using the common technical analysis tools available for everyone, you’ll make millions, then you will not last 1 month before you wipe out your account.</p>
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<p><br>It's a long life journey, you will start with big expectations, you are constantly thinking about your new lifestyle with hot Latinas, Lambos, and L.A mansion. Every forex trader has Lambo?! Right!? But the reality is the opposite. Its 99% chance you will lose all your capital. Most people will give up after this experience. But few guys will continue. After hours and hours of finding the right way to trade. You will find your strategy. But you will still be losing money.</p>
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<p id="isPasted">It is definitely possible to make living trading forex. The skill is lifelong, similar to entrepreneurship, but much more fun, easier, and less time-consuming. </p><p>You can definitely earn more than a living if you dedicate your free time to learning and improving these skills. </p><p>Also, you can double your account twice a day, but it takes a lot of skill. The majority of new traders lose money. Even if you lose money, it will help you learn from your mistakes, unlike demo trading.</p>
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<p id="isPasted">If you want to make living trading forex, you can. A lot depends on your approach, your skills, and your dedication. It is certainly possible to make a good living by trading forex, but there are no guarantees.</p><p>That being said, there are a number of traders who make a very successful living by trading forex. They have developed a deep understanding of the market and have honed their skills to the point where they are able to consistently make profitable trades.</p><p>If you are serious about making a living by trading forex, then you need to be prepared to …</p>
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