Is forex always profitable?

[Baz Dent]

Forex being the largest currency market facilitates currency exchanges trades to millions of people every day. Many people may think it as a money making machine but it must be kept to mind as a forex trader that forex is a zero sum game. It is not always profitable. Sometimes, in fact most of the times a trader may face unfavorable situations and it is not that a trader has to engage in each trade at every moment. Rather each trader has to wait for his suitable time and favorable

[Norman33]

Of course not. Most traders on Forex just lose their money because of the inability to trade. But this is more their merit than Forex. As well as the merit of successful traders, that they are successful.

[Brian Corn]

I am completely agree with you on the ground that forex is not always profitable and if a trader thinks that he can earn money continuously then he has not recognized forex market fully. Once my broker AAFX advised me that here we should wait for the right moment and trade after analyzing all aspects since all trades will not be profitable for a trader. I am enjoying its expert assistance and professional guidance along with free trend analysis and comprehensive MT4 platform with more than 80+ trading tools so that I can engage in successful trades.

[Gasilio]

I do not know a trader who can say that I never lost a trade. It is not the market with 100% certainity as the market is highly unpredictable. You need to build a strategy which is workable most of the time such as 70% with risk to reward ration of 1:2 or 1:3.

[alexandro]

Forex can't exist without risks, so it's better to unserstand it and make as less mistakes as possible. Forex is not always profitable, especially when you lose money quite often.

[Hellena Handbasket]

Success is a great work. A successful person is a hardworking person. I can call myself a successful person. I work very hard. I don't have free time, but I have my own business. I have a websiteMr.Bet Australia. I make good money. Now I have a lot of plans for the future, but about it a little later. Success as and love likes silence.

[MikeJ]

Indeed, only working hard you can be successful in what you are doing.
If you want some proofs, not just a storied, I can tell you that once I was working as a math tutor in Perth and one of my students asked me to calculate the profitability of trading compared to the regular work. The result was not that good for traders, but of course, always you have a chance for some "boom"-effect. So.. only hard work.

[Chachos]

No. Forex is not always profitable. There is greater chance of failure than success in it. The road to success is not straight. It has a lot of roadbumps and breakers in it. You need to know the dark side of forex before investing in it.

[Huddson]

It is foolish to think that forex trading is always profitable. It is an investment and there is always risk in an investment. You should be mentally and psychologically strong enough to deal with any heart-break. You need nerves of steel when doing forex trading.

[Rossa]

Yes, Forex is always profitable, the only thing you need to do is to have one strategy and stick to it. And As most analysts from freshforex puts it, get one good strategy and stick to it.