Forex is a great opportunity to make a lot of money and it is a big program to invest your money. You can make a lot of money and can become rich but forex can be risky for a new trader who wants make quick money but have no knowledge, skills and money management. So always learn Forex before start and keep learning.
{quote} you cannot "get rich quick" with trading. You can only make a small percentage every month, if you're the best trader in the world. otherwise you're gonna lose your money slowly at best, guaranteed. at the beginning I thought trading was easy, that I would double my account in one month, that I just had to buy a robot on MQL5, oh how wrong I was. 8 years later i realize that best hedge funds make 3-4 % a month, so... which is huge if you got 1 million, but if you got 1K, then it's petty gain if you want to invest I would recommend stocks...
I took you 8 years to realize, that you cannot think and trade forex like hedge fund?
Whether you think you can, or you think you can't,you're right. H.F.
{quote} The truth is, the vast majority of people end up losing money.
Still you can earn average salary in forex with smaller investment,then in any business.
Everything you need you'll find in your home.You don't need extra money for office,phone,advertising,other expenses like fees for state or local government.No need for customers,who will be willing to pay for your services. No hassles with them,with suppliers etc etc.There is still broker of course.
And of course you cannot do it part time.
Same thing like it's hard to provide for your family working part time for someone else.
Whether you think you can, or you think you can't,you're right. H.F.
