Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,806 members, 7,820,821 topics. Date: Tuesday, 07 May 2024 at 10:35 PM

Is Forex Markets Profitable. - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Is Forex Markets Profitable. (1145 Views)

See How Your Smartphone Can Rake In Dollars For You From Forex Markets / Is Forex A Scam? The Shocking Truth Will Surprise You / How Legit Or Profitable Is Forex Copy Trading (2) (3) (4)

(1) (Reply) (Go Down)

Is Forex Markets Profitable. by Omonstarr: 12:59am On Feb 21, 2022
People ask these questions everyday because millions are still losing money. When I started learning forex, I always meet people online who always tell me how good they are or are making millions of $$. This mentality drove me into the market with greed, inexperience and frustrations. After years of research I discovered that many people who make noise on the internet are not real traders. They either make money teachi(theories) or running Ponzi scheme scamming people or selling robots. But there are silent genuine traders. I was fortunate to meet one in 2010. I saw his account of about $220k. This accelerated my interest in learning forex. Not intily 2015 I began to get it right after series of losses. Don't let people decieve you you can't get rich quick through forex. It's not a Yahoo business. With time you can build your self and your income to become a millionaire. I started with $10k in 2018 and my account is above $300k now. It is possible to make money from forex. The questions are are u ready to take risk? Are u ready to put in hard work? Are you ready to be patient? Do u have discipline? Do u have the required capital?. Don't expect to transform $100 to $10000 in a month, it is possible, but it will end painfully. In summary, forex is a legitimate business that is still profitable only to a few people who are ready to dig in... But Everybody can't be a forex trader!

1 Like

Re: Is Forex Markets Profitable. by frostguy: 12:59pm On Feb 21, 2022
I totally agree with you fellow trader, forex is the most lucrative business you can ever think of . Though the process of becoming a profitable trader is not easy and sometimes one could end up been frustrated along the line, but if you can endure to the end ,the sky is just your staring point in life into financial freedom .

Has i will always emphasize get a good working , profitable Strategy is the sole key to unimaginable success in the forex industry, the other two( Risk management and Psychology )follows thereafter.

Below is just a screen shot to the profit i made today.................... smiley

Re: Is Forex Markets Profitable. by Nobody: 3:01pm On Feb 21, 2022
Very true. I still prefer forex to crypto. Crypto is highly volatile, morelike forex on steroids.Risk to profit ratio mismanagement, Greed and get rich quick syndrome na the main problems bedeviling forex. angry
Re: Is Forex Markets Profitable. by frostguy: 3:25pm On Feb 21, 2022
Very true alot of people tend to believe that forex is a Quick-Rich-Get-Scheme, without adequate information on how is works eventually they get their finger burnt.That is why its essential to get the right skill set either from the scratch digging or have the knowledge transfer to you via a seasoned and professional profitable trader . The latter reduces your learning curve and quickly set you on the path to trade and earn like a professional.
Re: Is Forex Markets Profitable. by Ichabodcrane(m): 6:20pm On Feb 21, 2022
Where can I learn to trade please?? I have been searching, but can't find any. I am not so comfortable with what I have learnt online.
Re: Is Forex Markets Profitable. by eskorelvis: 8:04pm On Feb 21, 2022
Ichabodcrane:
Where can I learn to trade please?? I have been searching, but can't find any. I am not so comfortable with what I have learnt online.

If they say u people should pay for lessons una go think say Dem be scam. Even me back then in 2018, I refused and burnt my $100 then trading. Everyone's gotta pay dues to d market. Most YouTube retail fx content are not wat can make one profitable, as I usually say, a country's currency strength is not dependent on mere trendlines u're drawing on d charts. U gats have a profound understanding on wats going on in d charts in real time

1 Like

Re: Is Forex Markets Profitable. by frostguy: 8:18pm On Feb 21, 2022
Ichabodcrane:
Where can I learn to trade please?? I have been searching, but can't find any. I am not so comfortable with what I have learnt online.


As i said earlier you can either learn forex online via babaypips.com to get the basic foundation of what forex is really all about thereafter you now vist other educational forex site where you can access various resources tools and strategy and play with them until you get the right combination that is the appropriate strategy that suits your trading style. Note this approach often take a considerable amount of time ( from 5-10 years) depending on how much time you devote for learning . Example of such site is forexfactory e.t.c

The second approach will be to come across a professional profitable trader and learn his Strategy and style of trading. This method reduces your learning curve and put you ahead to take advantage is the financial market while other are still struggling
Re: Is Forex Markets Profitable. by smeag0l(m): 10:47pm On Feb 21, 2022
Screenshots mean nothing. Send myfxbook link with track record and trading privileges verified
frostguy:
I totally agree with you fellow trader, forex is the most lucrative business you can ever think of . Though the process of becoming a profitable trader is not easy and sometimes one could end up been frustrated along the line, but if you can endure to the end ,the sky is just your staring point in life into financial freedom .

Has i will always emphasize get a good working , profitable Strategy is the sole key to unimaginable success in the forex industry, the other two( Risk management and Psychology )follows thereafter.

Below is just a screen shot to the profit i made today.................... smiley



1 Like

Re: Is Forex Markets Profitable. by Fa44me: 4:00am On Feb 22, 2022
frostguy:
Very true alot of people tend to believe that forex is a Quick-Rich-Get-Scheme, without adequate information on how is works eventually they get their finger burnt.That is why its essential to get the right skill set either from the scratch digging or have the knowledge transfer to you via a seasoned and professional profitable trader . The latter reduces your learning curve and quickly set you on the path to trade and earn like a professional.

I really need to learn this thing
Re: Is Forex Markets Profitable. by frostguy: 7:41pm On Feb 22, 2022
Forex is a pathway to financial freedom and if you ready to learn it contact me on 0.9.0.5.9.1.3.7.4.8.8 .
Re: Is Forex Markets Profitable. by frostguy: 11:42am On Feb 28, 2022
Forex trading is one of the most lucrative business you can do .Today i made profit with the Forex Cash Hammer software see below. Get your copy and experience a change in your financial life.

Re: Is Forex Markets Profitable. by frostguy: 11:59am On Feb 28, 2022
TakeProfit 2 has just been hit ........see

Re: Is Forex Markets Profitable. by Joanne85cesser: 1:04pm On Feb 28, 2022
Obviously, forex trading is a good choice for earning money. If you have enough skills in trading and have a strong trading strategy, you can earn money. I am trading with [b]LiteFinance [/b]and it is really amazing broker.

Thanks!
Re: Is Forex Markets Profitable. by Nobody: 1:54pm On Feb 28, 2022
Forex is full of tricks and manipulations even you know a million strategies, the market can go against you big time.
I have discovered that what work most for profitable traders is absolute discipline that absolute sticking to their rules and not deviating like majority are doing especially when there is a big movement which is always a trap.

Do not be deceived profit trades displayed here if they are real, they should trade it live with you
Re: Is Forex Markets Profitable. by frostguy: 2:50pm On Feb 28, 2022
The profit trades are real and i just want to post the results here based on the signals generated by the software
Re: Is Forex Markets Profitable. by Aaapp: 8:52pm On Feb 28, 2022
Yes for professionals though with huge risk and high rewards

1 Like

Re: Is Forex Markets Profitable. by Prost1948: 4:26pm On Mar 03, 2022
When I track my trading performance i used fxmerge website. Fxmerge has many good free tools to track trading performance.
Re: Is Forex Markets Profitable. by dabanta: 5:43pm On Mar 10, 2022

https://www.youtube.com/watch?v=NUDIU8m-Fho


https://www.youtube.com/watch?v=mzj3xMMc-w4


If u want to be financially free..there are truly ways online which u can..As for me and my house hold we use A.i (Artificial Intelligence).
The time has come where you need to take advantage of every positive opportunity.This is a life time opportunity..

When I say Artificial intelligence i mean using Robotics to make money from the F X market...Usually in d past der have been BOTs dat have failed,dis one u have never seen such a spectacular roBOT in ur life.I want to introduce you to a Bot u get and install it to any MT4 broker.it works with any broker in this world.

iTRADEUP Global is the company.they have 4 products which wen u aquire,it becomes a life time asset.


1.Beta Bot (BBT):delivers 5-10% monthly(Price is $400)trades all currencies.
2.Alpha Bot (ABT) :delivers 10-20% /M (Price $800)trades all currencies.
3. Super Bot (SBT) delivers 20-35% /M (Price $1500)trades all currencies.
4.Goldmine Bot (GMT)delivers 20-35% /M (Price $1500) trades only XAU/USD and EUR/USD n GBP/USD


Let me explain something..you are not renting Des BOTs,the way you pay IPC and AutoFx investment monthly and u also share profits with other BOT companies...But with any ITRADEUP GLOBAL products u do not share profit with any company and u buy to aquire the BOT..those in Port Harcourt can arrange a meeting with me,to see everything with ur eyes..but I will also send out videos u watch to see evidences .

Artificial intelligence is here to stay..make money smartly ..



To know more join d iTRADEUP Global group


https:///BXFK2x9DZ0bHbD0sQc5JMm

0 9 0 59766077
Re: Is Forex Markets Profitable. by ElectronicMoney(m): 1:20pm On Mar 13, 2022
Aaapp:
Yes for professionals though with huge risk and high rewards

I agree with you

(1) (Reply)

Receive Usd, Eur, Gbp And Payoneer Funds To Naira (ngn) !! @ Best Rate ≈» / Real Estate Developers In Nigeria / In Dire Need Of Advice,insights,challenges In Setting Up A Transport Company.

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 46
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.