Can you trade forex to earn money to buy an apartment?

I will

i will also, on 29 oct, take some business card, see what forex broker in china.

No,I am a IT company employees, it should not be difficultly to start a business in China for someone who have not Chinese nationality ,you can search some government's document to get more details.

The Internet Industry is also booming in China,not difficult to get investment if you got some good thinking.

Are these prices for apartments or for houses?

apartment condo

crawfish!

I think money is good from any business but buying an apartment from profit, is not always possible for everyone. Not each trader is as good as others, so it depends on trader's skills and mind how much he can earn from market by trading.

We should set a small target first....Like we should earn 0.1 billion RMB first ---Wang Jianlin
According to the Forbes, in 2016 he was the richest person in Asia with $28.7 billion.

I agree with you! It needs long time to achive good stable results in trading. During these years it's possible to earn in other ways)

Yes,maybe we can get a stable job first or open ur own business,I think it’s more safe way for us.

it only works when you believe you can.

To answer to the thread subject "is it possible to buy an apartment with trading forex" the answer is OF COURSE.

It would be like asking if a surgeon can, of course he can but after 7/10 years studying, surprisingly the school of medicine are not so crowded as the forex forums..., the thing is that you will have much more chances to succeed in any other business / work if you spend the necessary time at it, like you will need in forex, why do not you spend the years to come to build a business in Shenzhen ?

One thing that all traders will agree with me for sure is that the road is long and steep...

Regards,

Could you give me more detail about what kind of business is suitable for a guy that don't have much resouce?

In my own opinion - and from my own experience..
Yes, it is possible to save and buy a home from forex profits.
However, for the beginner this is indeed a very difficult goal to achieve and my reasoning for this is:-

Forex trading is a statistical game - meaning that sometimes you win, sometimes you loose.

Assuming that you have some level of experience, it then becomes possible to string together a few trades without any major disaster. However - trying to string together a few thousand trades without making a mistake (or a serious event in the marketplace) that may cost you dearly is much more difficult.
As such, I can only suggest again to lower your expectations and perhaps start by trying to replace your current income. To achieve this, I have an account - and I withdraw 90-95% of profits once the account doubled. This is the most difficult for any beginner trader (to double the account.)
Once achieved trading becomes much easier because then you are trading with "their" money - your original investment is safe in your bank.
From here I went further and opened another trading account. With 2 accounts trading different strategies, my income doubled - yet my risk of loosing both accounts became smaller. (For instance - one account trading a range strategy, the other a trend strategy.)
From this, things became even easier - if it takes me 6 months to double the account I need 7 such accounts, with at least one account paying every month. (and one account as security - in the event of disaster where I loose an account.)
If it takes me 3 months to double the accounts, I need 4 such accounts. (All with different strategies.)
The above is how I started to generate a "wage" - a reliable monthly income and, my experience is that, every year I need less accounts (because, every year I am able to make better profit percentages.)

It is only this year, after almost a decade being profitable and trading the above model, that I decided to start a "savings" account - meant to grow for buying that house etc. So far so good - I am happy with my savings account (so far.)

Well, I could say that if I were myself in Shenzhen, I would probably try to trade electronic products, as Shenzhen is the Chinese Silicon Valley and has a unique way of manufacturing/ trading, I could go hours on why China's richest city is a holy place to do business, for example Huaqiangbei, it's the biggest electronic market of the world, you can have at a wholesale price just one piece and all suppliers are there, without MOQ at unbelievable prices, and it changes everything because you can sell thousands of products at the best price without any stock, you just need to have an office there and get your orders delivered daily, only net profit, no risk, low capital required.

So when I hear a Chinese guy from Shenzhen thinking forex is a easier way...

I hope I have misunderstood you, were you saying that it's easier for a foreigner to open a company in China than a Chinese ?

If so, then I can say that it is not true at all, I have to renew my visa every year with anxiety, which a Chinese doesn't need to do, also because my company in Shenzhen is solely owned by foreigners I need to have 500 000 rmb capital minimum,do you have it ?

So I do totally disagree this f*cking cliché that it's easier for foreigners, like saying what a black dude can do in USA ? Becoming president?! come on !

just leave this crowded city............If you have 100000$ account and you make 100% per year, yes you can buy this apartment one day.

Would love to make enough money to eventually put it into rental real estate makes for nice additional passive income. I don't view forex as a one trick pony. Would rather have my income diversified.

Only if you are consistently profitable.