Now almost everyone says that making money on the Internet is making money in the forex market.
Indeed, there are no such opportunities as in the forex market in any other market. The point is no longer in the notorious concepts of liquidity, speed of operations, transparency, big turnover, but that it is individual employment, which gives a number of undeniable advantages for each creative person:
- The freedom to choose a job
- A freedom of work time
- And freedom of decision making
- opportunities to earn, limited only by your abilities and desire to work hard.
Therefore, making money on forex is perhaps one of the most attractive and promising activities.
Is it possible to make money on forex theoretically?
12-year statistics of the dealing center shows that you can earn money in the forex market. Given the large volume of statistics of the dealing center, we can talk about the representativeness of the sample and the presence on the market of periods when the probability of winning is much higher than the probability of losing. The search for these market moments is the main task of the trader.
How much do you earn on forex?
It should be noted that “how much you can earn on forex” and “how much you earn on forex” are really different things.There is a strong opinion that there is a direct relationship between profit and risk: a high percentage of profit can be obtained by risking a significant percentage of your capital, and an increase in potential profit is always accompanied by an increase in risk. Therefore, you need to know one thing – it is impossible to make money on Forex using too risky trading methods. You can win forex for a while, even using a fairly risky trading strategy. But it cannot go on for long. In any case, you will have to control the risks.
How to win at forex? Can I use someone else’s signals?
How to make money on forex no one will tell you. Even if they do, no one can guarantee that someone else’s tactics of the game will be “aligned” with your inner willingness to take risks, hold positions, etc., as well as other features of your psychology that will influence decision making.
Therefore, even if someone tells you how to win at forex, this does not mean that you will be able to follow the recommendations or methods of this person and make a profit.