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Is it Possible to Make Money in Forex Market

  • #161
  • Feb 2, 2016 5:42pm Feb 2, 2016 5:42pm
to make money in forex is not easy. we need a lot of good trading skills. with good skills will allow us to improve trading results. to improve the skills then we need a demo account or to participate in the contest demo
  • #162
  • Feb 2, 2016 11:25pm Feb 2, 2016 11:25pm
The short answer is no.
A real job will make you more money in the long term than any venture in the forex
Long term, the survival rate for everyone in the market drops to zero (compared to holding a real job)
  • #163
  • Feb 3, 2016 1:12am Feb 3, 2016 1:12am
Quoting Mingary
The short answer is no. A real job will make you more money in the long term than any venture in the forex Long term, the survival rate for everyone in the market drops to zero (compared to holding a real job)
That is not true.
Price-Action Extremist
  • #164
  • Feb 3, 2016 1:40am Feb 3, 2016 1:40am
Quoting bagman
{quote} That is not true.
Ok. I'll bite. Please explain.
Thanks
  • #165
  • Feb 3, 2016 1:45am Feb 3, 2016 1:45am
Quoting Mingary
The short answer is no. A real job will make you more money in the long term than any venture in the forex Long term, the survival rate for everyone in the market drops to zero (compared to holding a real job)
Ok, so you get a "real" job. But what that means is you are working for someone else, and while you get paid for your work your employer takes the risk that his company will go out of business. In essence you are offloading your risk to someone else since you're incapable of managing it yourself.
  • #166
  • Last Post: Feb 3, 2016 1:56am Feb 3, 2016 1:56am
Quoting Mingary
{quote} Ok. I'll bite. Please explain. Thanks
You are stating:

Quote
Long term, the survival rate for everyone in the market drops to zero (compared to holding a real job)


1. "for everyone" is not true. Just grab any trade explorer from the leaderboards of every month and there are live accounts with high profits and win rates well over 50% for months and weeks. If someone can keep up a win rate like that for a year he can do that for much longer.

2. "real job". Anything that gets you paid is a real job.
Price-Action Extremist
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