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To make money out of currency exchange rate, you need to have a wealth of knowledge and experience in this area. Otherwise, you can just lose your deposit.
Huge profit is hard to come by. You need to be in great timing in order to make good income. I know its hard to make good income so earning huge profit is much much more difficult to do. Anyway once you start trading in forex I'm sure once or twice a year you can experience huge profit but over all you still need big capital to earn.
I think, it’s a long time process! You can’t expect here any big amount initially! It takes time; in my 1st year of live trading my monthly target was around 5%; but I am trading right now with the 12% monthly target!
Even, I think 5% is a decent monthly return, that means 60% yearly return! Really enough! By the way, I have no specific target, when I get a new entry point then I use this opportunity according to my plan.
Success doesn't come overnight. For success you need preparation, knowledge, and skills. You have to spend time in acquiring knowledge and skills. Once you are skilled success will start to come. Every new trader should focus on skill development.Proper planning is the main key to success in this risky market.