Can it be done

I need some insurance that i can make profits consistently on the forex, because i dont want to invest alot of time and money in something which may prove difficult or provide poor returns

can anyone help

cheers

Can you profit: Yes
Is it easy: No
Is it difficult: Yes
Learning curve: STEEP

Judging by your statement, I wouldn't take the leap.

You should take this advice.... sign up for a forex course or two before even considering trading the forex.


Good Luck

Hi DilwareH,

Basically the anwser is yes but as with everything that is worth it, you will have to pay the price and decide weather you are willing to pay that price. Whatever that price is for you, as it is different for most people.

For me I gave up my social life for a few years and studied for six hours a night and ten hours a day when I had a day off, seven days a week and that was basically because back then I had the personality that if someone told me that I couldn't do it that I would do whatever it took to prove them wrong.

It took me 12 months to make my yearly wage as a nurse everyday on the market and I still had family and friends telling me that I couldn't do it and that I should stick to a job.

Trading will discover every weakness you have and put it in front of you, to see weather you still have what it takes to be a trader.

The best thing you can do is find a mentor and listen to whatever they say and take their coaching.

hope this anwsers your question

Yep that some good advice from the other members.
Also keep in mind that some people are just ment to be good traders.
So we can't tell you if you can do it.