Is forex trading a get rich quick business?

[indieover]

If you would have a good partners then you can get rich quick. But you would need to share the amount you would need to invest for trading. But it's not that easy to find a good trading partners. So I hope that I would be able to find partners so I would be able to earn a lot also.

 

[budado]

Its depends on what is your definition of quick rich business. If I can say you can double your money each week in forex will you say that its quick rich business? Because to be honest you can do that in forex. But the big question is this. Do you have good strategy so good that you can double your money in one week? Because forex is an opportunity. How to grab it is the big question.

 

[Syrine22]

I think to me there is no program that one can be using to get rich overnight since to me riches is a step by step thing.Well to me there is every possibility of one getting rich with forex but achieving such overnight is what i wouldn't be guaranteeing anyone.

 

[indieover]

We all want to get rich as fast as we could but we have learned that it's just not possible for us to make profit in forex that easily. So I think we just have to be patient as there's nothing easy in forex. We just have to be very patient if you want to make money well in forex.

 

[riddick09]

That's our always one of the highest goal but then, if we put it in reality it will not be that easy but slowly be can do it and still we have these opportunity to be wealthy even its too far from the top yet. We just need to always keep in mind and motivate ourselves in making profitable trading.

 

[Tirus]

We usually classify a get rich quick business as one that does not require much from the investor or what would be considered as easy money. That is definitely not the case when it comes to forex trading because you have to put in the effort to see the profits and you cannot expect to see them in the short term.

 

[Syrine22]

To me there is no get rich business that doesn't require one to involve himself or herself into a dirty runs.To me i think forex can never be a avenue for one to think of getting rich overnight but would only be an avenue for one to lose overnight.

 

[monyitomon]

It will never be easy it's really a long process that's why we need a plan in here and a patience. It's like we are investing in here, but at the end only you can tell if it can be good for you to do Forex trading because there are many who just gave up.

 

[rivha]

It will never be easy it's really a long process that's why we need a plan in here and a patience. It's like we are investing in here, but at the end only you can tell if it can be good for you to do Forex trading because there are many who just gave up.

You are right plan is really needed to start trading on forex..without any plan we will end up with loose for sure..but as far i know many people got huge profit from forex..so i think forex can be place for rich quick business if the trader can sustain for always win here..

 

[Syrine22]

Well to me i still feel even with a proper plan,forex isn't a program one could be getting rich overnight because even as a professional one gets to lose atimes and that to me affects.There is every chance of getting rich as time goes on but it being overnight isn't agreeable by me.

 

[rexway]

Getting rich here overnight in forex trading is vey risky except the trader want to trade with greed and high emotion which can result into loss and possibly make him feel lazy and wanting to quit forex after the loss maybe the only alternative.

 

[riddick09]

Eh? Is there any trader able to become rich just one day, I don't think so. That's really risky and you need to put huge money on it as well as you can't make 1 dollar to turn it to 1000 dollars if our logic is correct, right. Just trade often and aim better profits but one day trading to make your rich is not possible.

 

[zebrut]

could have happened if we'd actually be able to master all the forex trading and has become a professional trader but it all also coupled with the capital investment is huge even above $ 10,000 to start trading early, for us who are beginners let alone benefit prevent large losses just yet because we can do to gain an advantage in trade had to be done long learning as well as through the stages very difficult one for us to pass

 

[Syrine22]

Sincerely the major reason why majority fail in forex is majorly because they think they can get rich overnight which we should all know that it is totally difficult.guys we should just have it at the back of our minds that making cash in forex is a step by step thing.

 

[zebrut]

stage by stage it must go through to become a professional trader but to go through these stages is not so easy to go through because in the learning stage there must be a risk that we must pass, a lot of beginners do not realize that it is actually a very important thing to be true trader is to have patience and unyielding nature

 

[naninov]

i don't think forex is a get rich quick program, but yes it is one of the big opportunity business that anyone can participate of to get huge profit by trading on forex market... it's a huge market which offering huge profit but we must aware about the risk too when trading... Minimizing risk by educating ourselves is a must

 

[riddick09]

A trader can either aim for huge profits or consistent profits. But they can't make it as a way to step up easily for becoming rich or financial stable. We need time and skills to continuously making profits without the knowledge of trading we can't make to have our goal to become successful.

 

[Syrine22]

Yeah that's totally true.Skill acquisation is very important when it comes to the issues of forex and without it forex success isn't guaranteed.sincerely to acquire or learn skill we have to just go back to the basics by being ready to learn.

- - - Updated - - -

Yeah that's totally true.Skill acquisation is very important when it comes to the issues of forex and without it forex success isn't guaranteed.sincerely to acquire or learn skill we have to just go back to the basics by being ready to learn.

 

[indieover]

Yeah the more we trade the more skills we would have. We just have to patiently trade and don't easily give up nakd try to learn well how to use a strategy well. No trader just trade without using any strategy. They're very much knowledgable in different strategies in order to make successful trading always.

 

[zebrut]

with a number of strategies that we have will allow us to master the trade because if we only have one strategy and measures price movements that we want is not appropriate and are forced to use such a strategy will actually harm ourselves, because in the trade to the problem of price movement will continue to change change so we need some good strategies to deal with these price movements