| Author | Topic: Can you make a living by Forex Trading? |
FinanciallyLive
Registered User
Registered:
8/29/2021 | posted: 8/29/2021 at 12:31:31 PM ET
Can you make a living by Forex Trading? The answer to that is "Yes" and "No." Can you make a living trading currencies in real time over the internet though?
I think it depends on how much education, practice, experience, and resources you are willing to commit yourself to making this happen. You can learn about Forex Trading Online or through other sources such as currency courses, Forex mentoring programs and trading workshops. You can also get educated about Forex trading through seminars and telecasts. You can practice day trading through demo accounts and use Forex calculators to estimate currency prices. There are free online tutorials and how to videos you can refer to help you become more knowledgeable and better prepared to begin live trading. You have the option of investing in a Forex brokerage account that allows you to trade currencies in your spare time while working at home, or you can purchase a software trading system to help automate your trades.
Can you make a living by Trading Forex Live? My answer to that question is "Not a chance." Currency trading is a serious business, and just like any other high-risk high-reward industry there are risk factors you need to look out for. Currency trading takes a lot of knowledge and experience and you need to be aware of those things before you begin. There is a high risk involved and if you are unprepared for those events you may find yourself out of the money instead of out of the game!
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joyce
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10/7/2020 | posted: 8/30/2021 at 1:59:52 PM ET
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8/31/2021 | posted: 8/31/2021 at 4:20:38 AM ET
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Anonymous
Anonymous Poster
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| posted: 9/1/2021 at 6:14:20 AM ET
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woodleighsresidence
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9/1/2021 | posted: 9/1/2021 at 6:30:37 AM ET
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