Nothing is impossible, very achievable theoretically, but hard in practice. Compounding your profit of 4% daily for 200 trading days in a year starting with $450 will make you a millionaire. With an effective strategy, supportive broker and luck, but we are the one that can hinder ourselves from achieving this getting greedy, letting the market run waiting to catch the top and bottom.
lnslink: i am so sad, i have lose 13,000 in forex as a newbiz, pls advise is it consider a lot?
yES. but it takes a lot of " know how". first of all, u MUST understand the market 100% ,90+ will not do because spot fx has zero tolerance for mistakes of any sort.it takes a lot of discipline too
belido: It is possible if u are one of the 5% and you earn that amount from the 95%.
Main subjects in the forex market are banks that have the currencies and commercials that need exchange every time they buy/sell in foreign countries. A speculative trader don't earn directly from other traders.
I started from 2.000€ and I have doubled my account in some months... I don't know what to tell you. I hope one day I will reach that level. From 100$, just try it. Why not? Be constant and patient.
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Some traders in Malaysia / Indonesia and Singapore...are milking this market like crazy... around $1m per week.
I made $1m ...lost a good chunk of it though...starting afresh..
FX trading is the best business in the world.
i am so sad, i have lose 13,000 in forex as a newbiz, pls advise is it consider a lot?
yES. but it takes a lot of " know how". first of all, u MUST understand the market 100% ,90+ will not do because spot fx has zero tolerance for mistakes of any sort.it takes a lot of discipline too
A lot of time must be dedicated
Some traders in Malaysia / Indonesia and Singapore...are milking this market like crazy... around $1m per week.
I made $1m ...lost a good chunk of it though...starting afresh..
FX trading is the best business in the world.
It is possible if u are one of the 5% and you earn that amount from the 95%.
A speculative trader don't earn directly from other traders.
No way, Jose! Don't believe this "fake dream"!
i am so sad, i have lose 13,000 in as a newbiz, pls advise is it consider a lot?