Post
Topic
Board Economics
Re: Can you really make money on Forex?
by
Barrymore
on 29/03/2017, 09:03:08 UTC
Anyone tried or currently trading forex is it possible to make money on it?

Yes I have made some money trading forex. I also lost quite a lot. Trading forex is very risky, not to mention the fact that whenever you place a trade, the online broker acts as a counterpart. It means that for every gain made by you, they lose, and vice versa. You can be sure that some things will be deployed by them to give them an advantage.

I read somewhere that more than 90% of forex traders lose moeny trading forex. You just need to find out what the remaining 10% are doing correctly.
Forex is a Scam. It is not possible to win. Yes you can win, but then you still lose all your money. Those who hoped to make money on Forex I would advise you to pay attention to other opportunities.