How Forex Trading Can Make you Rich?

I made pretty good money trading Forex. The only thing that made me switch to futures was the schedule. I was trading 4 hour bars. That meant getting up every 4 hours to check the market. My wife called it feeding the baby.
 
Long terms trades are always a good way to earn secure profit. The longer time frame you trade, more secure your profit will be. I have never worked in short time so can not say on it.
 
CyberWarrior said:
Forex Trading is the best way to make some good money online, but not an easy though. You need to learn a lot if you wanna become successful.
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Yes indeed, like as me although already having few years on forex but still hard to making money consistently, loss still as part in trading which sometime inevitable.
 
radex78 said:
Yes indeed, like as me although already having few years on forex but still hard to making money consistently, loss still as part in trading which sometime inevitable.
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I have found Forex to be harder to trade for me than Currency futures, don't know why, but have to tweak systems I trade futures, usually more volume in a market a smoother consistent market, but doesn't seem so for me.
 
Handle123 said:
I have found Forex to be harder to trade for me than Currency futures, don't know why, but have to tweak systems I trade futures, usually more volume in a market a smoother consistent market, but doesn't seem so for me.
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Did you trade on CFD? so far I am never trying on this instrument trading and only on pair and sometime gold I am trade, what CFD that you trade? is this easier than currency pair?
 
That's the trend these days, in fact some even gave it a name; 'soft work'. But on a serious note, forex has done so much for people on different dimensions.
 
I think become rich from forex business also possible, become IB and having so many client also as one way to make money from forex beside from trading, because IB is partner broker and usually also get commission if many client under Ib then will become like as passive income for them
 
radex78 said:
I think become rich from forex business also possible, become IB and having so many client also as one way to make money from forex beside from trading, because IB is partner broker and usually also get commission if many client under Ib then will become like as passive income for them
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This is my point, forex has gone beyond just trading. We can venture into many other avenues like white labels, IB that you spoke of and some other promotional offers especially by brokers.
 
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