Asked By: Antonio Moore Date: created: Jun 10 2021

Can you get rich by trading forex

Answered By: Gerld Flores Date: created: Jun 13 2021

2. You have to have a reasonable amount of capital to invest in the Forex market. You can’t become rich through growing a $500, $1000 or even a $10,000 account. There is no consistently profitable and professional currency trader who trades through the retail Forex brokers.

Asked By: Adam Roberts Date: created: Sep 03 2020

How much do forex traders make a day

Answered By: Ashton Hayes Date: created: Sep 03 2020

For example, with an average five-pip profit and 10 trades per day with a micro lot of $1,000, the trader will make $5 (Note: this is an estimate and will depend on the currency pair traded). This does not seem significant in monetary terms, but a 0.5% return on a $1,000 account in a single day is notable.

Asked By: Alfred Alexander Date: created: Nov 08 2020

Is forex trading really profitable

Answered By: Charles Rivera Date: created: Nov 08 2020

The short answer is yes, Forex trading is profitable. The slightly longer answer is yes, trading in the Forex market is profitable but chances are you won’t make any money.

Asked By: Alexander Perez Date: created: Feb 06 2021

Is Forex a Good Investment

Answered By: Gregory Hayes Date: created: Feb 06 2021

Forex can be a very good investment compared to stocks. The advantage of a forex investment is that the trader is using leverage. For investors, Forex is a good way to make a nice ROI, but it can also take risks with it. As always, finding good account managers is very important.


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