Post
Topic
Board Economics
Re: Can you really make money on Forex?
by
TicTacTic
on 29/03/2017, 21:37:48 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.
Now I also believe in this its scam because in start I was thinking its all about analysis and research but now after losing some good amount with many methods sure its like casino very hard to win against this
This is not the first time I've seen bad reviews about Forex. The thing is that there are only big earnings in the country, and newcomers are just losing money. You need to learn a lot and learn to create competition and earn your income.