Who makes real money from forex?

It's totally possible, otherwise Banks wouldn't pay traders to trade for them. If you've never traded FX before, chances are you'll be paying for your inexperience in losses. Even the best traders on the planet have losing trades. They just know how to manage money better than the Avg. Joe. They have rules, they have their own "system", of which they know like the back of their hand and they stick to it like glue. They're literally some of the most cunning people on earth if you ever get a chance to pick their brains. Bottom line, you're going up against very smart, and very decisive people. By the time you've made a decision to do something they've probably made 5 decisions. :-)

I'm making real money from Forex. I'm up 230% since December on a Live account. Just trying to grow the account over the next 5 years until i get to a point where I can trade full time. Everything you need to become profitable is here for you on this forum.

what are you secret? your trading system? what forum is? thank so much

Read through the forum, plenty of great information on here for free to enable you to come up with your own profitable system.

Don't complicate it, keep it simple is my advice.

Good luck mate.

Unfortunatelly for you nobody here is going to explain you how to make money. And it is not because they are mean, but it is very complicated (Id say no possible) to teach anyone a winner system, and less in a forum. Every successful trader has his/her personal strategy, and it is based on personal experience, and it is on the trader mind. Transfer this information to other people is crazy. Personal experience and try and failure are not transferable assets.
Id say the fastest way would be to find a good trader living nearby and negociate a fee to go his/her home and watch how he/she trade everyday, meanwhile he/she explains what he/she is doing and why...
Or, doing it through Skype on live trading, then having him/her as a mentor...
Probably this will cost you several thousands of $$$, but most likely it would be cheaper than trying yourself.
I strongly recommend you find someone doing Price Action or any SIMPLE system. Traditional systems based on a lot of signals where you can not even see the price (because the graphic is full of lines and stuff) are a waste of time (in my opinion), and IF finally you make some consistent money, it´ll probably take you several years of losing money first.
What I am suggesting is what I did and I am happy about it.
Good luck!

i have seen lotsss people making real money from 'teaching forex'.

Real money is relative. I work full time and I'm averaging 120-150 pips a week. I don't trade very often though only when I see a specific set up, which is 3-5 times a week. Losing is normal, there are times I lose 3-4 trades in a row, but you have to be indifferent about it. This doesn't mean your system DOESN'T work.
I keep a pretty tight money management system. Stick with your method, don't obssess over charts by looking at them all day long.

I would say yes, it is possible to make "real money" trading forex.

As an example of my trading, you may want to look at:
https://www.mql5.com/en/signals/171669
This is a demo account trading one of my strategies. I have four different strategies running in demo and, these trades are then copied into my live accounts using the fxblue trade copier.
This is the 9th year I have been trading in this fashion and so far, it is working for myself.
At the beginning of each year I create a "budget" for myself - complete with target income levels, expected drawdown levels etc.
I then establish exactly what percentage income I need on a daily basis (to achieve my targets.)

Naturally - my live accounts achieve the combined income from all 4 my demo "raw" trading accounts - while, through manual control I keep the maximum DD in the live accounts to a minimum.
As such, while the demo accounts may spike on an unacceptable high drawdown, this spike is smoothed out on the live accounts - for instance, on the above sample account I had a 45% drawdown some 2 weeks ago but, on the live accounts I only had a 8% drawdown.
For myself, it is all about risk/income control and not as much about the underlying strategies etc. - although, I do trade different strategies to take advantage of different market conditions. (In order to try achieve a smooth, regular income every day, regardless of underlying market conditions.)

Looking at the above sample account:
Today is the 94th working day in my year and, so far I had 7 days with a negative income, so, my success rate in this account is around 92%. I have a 8% risk that maybe, today I may come out with a loss and even if I do, that loss should be less than 2% (on balance.)

Lastly - even if I were to loose one or more live accounts today that is ok - I already withdrew more than 5 times the capital I started with in January so, I will simply start again.
Lots more I can say but really, I do believe that as long as you manage your risk and are proactive and only take calculated risks, you will come out on top in the long run.

Also - the above overall description of how I trade also provides a possible solution to all those traders who make a profit in demo trading, only to find that going live is a very different story.
On demo, my broker is perfect, honoring stops, takeprofits and orders exactly as I request but, in live accounts that is certainly not the case.
So I trade in demo - and copy the trades to the live accounts. The fxblue trade copier will ensure the live trades are executed almost exactly the way I'd like and as such, I can achieve the same income in both demo and live accounts.
This is my way of getting around a broker that is less eager to honor my trade requests in live accounts.
Hope this may help some struggling traders out there..

Keep it simple - Who makes real money from forex? Traders that trade live account and have an average profit higher than average loss.

Alex

The real money are made by major players, brokers, banks, etc. That said, there is the occasional capable trader with a large account trading on their own and making good money, but those aren't encountered very often, in my opinion.

in my opinion brokers earn the most money in forex. because there's no "loss" in broker's mind. brokers always earn whenever a client places a trade.

It's obviously possible to make money consistently, but needs a lot of effort and more importantly needs passion that we can do it, but if we lack that then we will find things harder to manage. I am decent at making profits, but consistency is where i struggle badly, but thankfully i am still making decent profits.

Most people struggle to be consistent in their profits. Sadly very few ever succeed in achieving it, but that doesn't mean we should give up.

everyone can make real money in forex trading, because the real money will allow us to trade with the maximum. for that, we need to utilize our time to learn and practice trading. So that our skills will increase

Anyone trade EU pair based on unemplyment claim yesterday? Its countering the news lol

Anyone can get real money from forex as long as they have the skills and knowledge of good trading. For that, we need a demo account to be able to get the skills and knowledge to succeed in forex

Demo Accounts are good. However I have found many demo accounts don't trade the same as real accounts. Different spreads, slippages, latency, sometimes even quotes are different. Just a thought.

Demo accounts are only ever good for understanding how to place orders and checking how your system works. Trading on live is as differnet to demo as chalk and cheese.

Demo trading requires nothing of you. LIve requires everything of you.

Every individual trader's experience will not be the same. For some, it would take months or even years to become truly profitable. However, that does not mean there are no traders making money.So what would a trader do when he/she is yet to start making money from forex? Its simple, get a paid job. This will ensure you have consistent income while honing your forex skills.

Even when you have found the right strategy and have been able to migrate from demo to live trading, your equity will still determine your income. If you are trading a $1,000 account and your ROI is 10% per month, profit from such account can't definitely pay all your bills.

So in all, it takes time to be profitable as a trader. You need the right trading strategy or better still get a mentor or subscribe to a service to reduce your learning curve. Also, when you go live, you need a big account. However, its advisable you start trading with a fraction of your account. As you improve add more funds. For instance, if you have a $5,000 equity, start trading with a $1,000 and keep the remaining $4,000 safe somewhere. If your trading psychology and strategy does not get you profitable with a $1,000 account, you will likely not be profitable with a $5,000 account.