Is forex trading a get rich quick business?

[indieover]

No one gets rich instantly because of the difficulty to understand the right way to do forex trading. Those people that think that it's very much possible are mostly beginners who don't have much experience yet and so they misunderstood understood Forex

 

[Taha Nizam]

It is not a get rich quick business but it works like any other business in the word it will take time to develop so depends on fast and focused we are while we are on the learning mode will determine if we will get rich quick or not,so therefor forex trading is a market where we get what we give to the market.

 

[chintu]

It is not a get rich quick business but it works like any other business in the word it will take time to develop so depends on fast and focused we are while we are on the learning mode will determine if we will get rich quick or not,so therefor forex trading is a market where we get what we give to the market.

Yes i agree with you friend , Forex is not at all a get rich business because it is not easy to eran with forex as we think . There are many traders who have lost every thing in forex and they just left forex . We get survey in forex we should be well skilled in forex and as well we should have good analysis of the market .

 

[budado]

One thing I know right now that its easy to loss all of our money in forex than to make money in forex. That's why if we really want to make good income in forex we must make sure that our pocket is deep enough to survive long term volatility. Because in the end its just a waste of time if you get MC.

 

[ryuken]

Losing money in forex is not hard, many people are like losing the forex earning everyday. It makes sense if you spend the money and not earn much as well. so better option is to start with low money and some skills at first and then go for profit. forex is not a lottery that lets you win easily with bunch of number game.

 

[rizal83]

I guess we'll never get rich in a very fast by trading forex because to get a richness we will need a process and we are also going to need a long time to run the process, and therefore should if we want to get success or a wealth of forex trading the main thing to think about is how to get good skills first because we will never be able to get a wealth of forex trading if it does not have a good ability to trade

 

[hadg33]

Bro thats a kinda hard and gonna be stressfull me as a student as well finds it difficult because i do have to face my studies and read my books mostly when eam is aproaching,so being a student and a forex trading will require that the studen trades just about 2wo times weekly.

Well,i understood what you are saying,this would depend on the individual,if you have so much interest in forex,then you should be able to trade at least 4 times in a week and that doesn't stop you from facing your studies,i am not going to agree with anyone that forex trading is a get rich quick business

 

[ryuken]

I am thinking that this misconception of the get rich quick with forex is totally wrong. And people need to see the reality. I don't think that it is better to see how much forex traders are failing out there. I just think that sometimes it would be better to understand that it just don't make sense that people assume to make money quickly or get rich overnight.

 

[riddick09]

They should accept the fact that they will not easily achieve what they've wanted in Forex or in life. We still do it slowly and that we need to do learning and experiencing Forex. I will not definitely rush to be successful but to plan carefully on making profits and my best strategy.

 

[budado]

In the long run its not about if we can get rich but its about having a good passive income online. Me right now I'm hoping to reach a point in which I can earn 10,000 dollars a month. That's my dream earning in forex. But same time I don't know if I can even reach that point in my life time.

 

[ryuken]

I htink this misconception is going to be there for everyone. I wonder how people are oging to be thinking that earning money high is possible with 10 or 100 bucks? in order to get rich you have to spend money like say 1000 or more on everyday basis. that is how the rich get rich and not with small chump change.

 

[T@H@]

No one gets wealthy immediately because of the problems to comprehend the right way to do currency dealing. Those individuals that think that it's very much possible are mostly newbies who don't have much encounter yet and so they misinterpreted recognized Currency dealing

 

[Achiever2015]

The system of operation in our age generally predispose us all to thinking that life is like the 'electric train' or 'the instant noodles' or 'the instant pizza delivery'. It's with this mentality that a lot of people enter forex. Forex is not never like that!

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The system of operation in our age generally predispose us all to thinking that life is like the 'electric train' or 'the instant noodles' or 'the instant pizza delivery'. It's with this mentality that a lot of people enter forex. Forex is not never like that!

 

[Cutiekc]

Well,i understood what you are saying,this would depend on the individual,if you have so much interest in forex,then you should be able to trade at least 4 times in a week and that doesn't stop you from facing your studies,i am not going to agree with anyone that forex trading is a get rich quick business

Well,no matter how much you tend to like forex trading your education have to be your prority,on other hands i don't agree that forex trading is a get rich quick business if it is then i don't think much people will have to complain about forex being hard or not.

 

[Achiever2015]

That's the truth we must uphold on this forum that forex is not a get-rich-quick business and will not be. This is important for as many newbies as possibles that will be sourcing information from this forum.

 

[glucoseguy]

The very first time I heard of Forex, I thought it was a quick way to make money as long as the Forex Trader starts with large funds but I've come to realize that Forex Trading isn't a quick way to make money because it requires time to study that newbies even have to start with a Demo Account in order to understand how the whole process works. Also, there are certain terminology which forex traders have to be familiar with before making trades.

 

[Markllee30]

There are no shortcuts to wealth, all based on the business and the way you run your account, profit would come in person if your trading system and strategy must be good so you make the changes as quickly as possible to be rich. The Forex business helps the traders how to be rich very easily and quickly in the business.

 

[tysonperry]

I think getting wealthy fast is not that simple and you can see that most of the individuals are expected to be cash. that is why we have to see that getting wealthy fast is not the aim of the currency trading company and you have to cope with the cash on your own most of enough time.

Well no buddy can have right answer for this. It is completely depend on particular person and his or her skills of trading. Forex trading will be a get rich quick business if every trader follow rules of trading and have risk and money management skills.

 

[ryuken]

I am sure there are some of the ways we can have the good quick rich business with the forex if there was possible but it is not. You have to work hard and get some funds and regular invest as well. I think it takes some time and money and more you put on work better for you for making the money. I am sure you know how to go ahead from there.

 

[ksanjay]

You can earn more than 500$ with one trade from that amount that you trade.But you also must understand that forex will not always give you but also take a lot from you.