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  1. #1
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    Default Can I make a living trading forex?

    Yes, of course!

    Forex is a place where traders can speculate and earn money on price movement. Forex is a job absolutely the same as other jobs, IMHO.

    Letís compare Forex trader with cashier in the store, bank employee, and forwarder in a logistics company:



    1. Beginner who wants to work as a cashier will have to learn how to use cash machine, count money and customer communication, only 3 main functions. It will take not more than 1-2 weeks to become good cashier in a store. It will bring money for living.
    2. Beginner who wants to become bank worker will have to be familiar with financial sphere, probably pass banking courses, work with specific computer programs, be ready to communicate with customers, and work with money. Become good bank employee will take some weeks. The higher position in the bank, more need to learn and know. It also will bring money for living.
    3. Beginner who wants to be a forwarder in a logistics company, will have to do more functions. As minimum need to learn information from Internet or pass some courses Ė to understand how logistics works, etc. Then it is necessary to start communicating with customers, offer good services conditions, provide specific information about cargo, documentation and so on. It will take some months to become advanced worker in this profession. It will bring money for living as well.
    4. FOREX Ė Beginners who want to become successful Forex traders and earn money for living will have to:


    • MAIN rule Ė donít expect that Forex will bring you profit when you start trading, so you have to get somewhere money for living, while you are learning Forex and reach the point when Forex brings you amount of money that is comfortable for living.
    • learn Forex information by their own, searching it in Internet, watch some courses, or visit a local city Forex courses. Everyone choose his or her own learning method.
    • Practice trading on Forex terminal that you chose. I recommend to practice on demo account, so you could increase your trading skills and experience without spending money.
    • Find or build your trading method that will have loss-profit ratio as minimum 1:1+, so you could get more profit rather than loss.
    • After you reach the aim for getting more profit than loss, you move to real account and start trading.
    • Strictly follow your trading strategy rules, donít trade on emotions, and control money management. In a result Forex trading will bring you profit for living.



    All you need to know about Forex Trading Signals check this out:- https://www.top10tradingplatforms.com/forex-signals/

    Some traders are fast learners and start trading Fore after several months, but some learn slowly and it can take years. Donít give up, and always go forward.

    You can see now that any job you would do, need to learn, and every profession need different information and time for learning. In any profession you will earn money for living.

    So, Forex can also bring you profit for living, everything depends on you.

    Wish you to be independent Forex trader!

    Dorrow Green

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  3. #2
    Senior Investor itu's Avatar
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    Default

    Yes possible. But it isn't easy.






    Perfect Money/Payeer/Epay/Neteller/Skrill: www.ituglobalfx.com.ng
    Buy and sell Perfect Money/Payeer/Epay/Neteller/Skrill: www.ituglobalfx.com.ng

  4. #3
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    Default

    To become a profitable forex trader, one should choose the best trading techniques. Trading techniques and strategies is mainly responsible for making profit. different broker has different trading techniques. We should choose an advisor which can give me a guideline to make profit. I choose atozmarkets.com as my financial advisor. I can easily apply my trading strategy with them. They are very supportive and helpful. They give me all kind of facilities in my trading.

  5. #4
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    Everyone trades in the market for making profit. But it is not easy to make profit. Forex market is like a puzzle game. You have to make proper decision in proper time. It is quite difficult to take quick decision without the help of any broker. Making profit is mainly depend on the spreads and leverage and the ability of taking quick and appropriate decisions.
    I always trade with TP Global FX. Because they provide low spreads starting from 0.01 pips and give a dynamic leverage at maximum of 1:500. It helps me to ensure my profit easily.

  6. #5
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    Default

    For maximizing the trading profit, we all should learn how to handle the trading loss because regular loss can make our trading disasters. The traders who are using the risk management in their trading are getting better results. ForexOne the advanced trading broker that’s why I have been using since they give the advanced and technology-based risk management tools like – stop loss, trail stop etc. so that traders can handle their trading loss.

  7. #6
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    You can make huge money in your trading life by simple using the high trading leverage without investing big capital with the broker if it allows. But without using the high leverage making huge money is really not possible. This is why Forex4you the top-rated Forex broker I have chosen. They allow the higher leverage 1:1000 in their trading platform which help me making good money rapidly. Now I can earn good money.

  8. #7
    Senior Investor Uncle Gober's Avatar
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    the selection of an existing broker must be able to be considered well, this is needed and needed so that traders can become more leverage in improving skills, profits, and experience well.

  9. #8
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    This is quite possible, but it is better for a novice to not start bidding alone. Any newcomer should cooperate with a brokerage company, but it's difficult now to find a good broker who could give you high-quality advice. I have been trading Forex for about 5 years and have dealt with various brokers. I have come across both bad brokers and good ones. Now I have only been working with Investous broker for three years and they have never let me down. I made my choice in their favor because their specialists were able to meet my expectations. These guys are really highly qualified and the information they give me is almost always correct. Over the years, my profit increased several times as soon as I started working with them. Thanks to them, I have access to 270 financial instruments from 4 different classes, and not every company can boast of this. I mainly buy shares of various companies and use their app for maximum convenience. It is very convenient and clear, I can conduct a transaction from anywhere, even if my laptop is not nearby. I think they would be perfect for you and you could increase your profit several times.

  10. #9
    Senior Investor Uncle Gober's Avatar
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    Novice traders can make good use of demo accounts and educational programs provided by Tickmill, this is needed and needed so that traders can become better and get more leverage in generating profits in accordance with expectations with Tickmill.

  11. #10
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    Yes, you can but this coronavirus madness will eventually have a negative effect on the trading stock markets and other fields as well. The world economy will go through a major crisis (it’s happening right now, actually) and simple people like us who are beginners in trading, are the ones who will suffer most. The stock markets, like Forex, Bitcoin and many others will go through the same thing. It’s just a matter of time. I don’t know what will happen with the brokers (I know such people) and the rest. How they will survive? For us, it’s best to use the right forex software if we want to be sure that everything will be alright. I just hope we will pass this crisis with minimal losses and everything will get back to normal, just like it used to be and we won’t suffer much.

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