Can you get rich by trading forex and become a millionaire
Can you get rich by trading forex? That’s one of the main questions everyone asking that forex trading makes me a millionaire.
The easy answer is yes, you can, but the truth is that Forex trading is not a becoming-richest quick plan.
Professionals and trained traders can earn a profit on this field subject.
But untrained and less proper educated traders always make losses because they think forex business happens overnight.
Currencies, Bonds, Commodity, or stock trading isn’t a bit of cake or a cup of tea.
Think about it. !!!
If it had been, then everyone does forex trading to become millionaires quickly.
The truth is that if you don’t follow the rules, money management, and risk-reward ratio, you will go to lose all your investment.
Even you are expert traders and many years of forex trading experience you lose.
Keep this in your mind: you won’t find shortcuts to forex trading.
Can you get rich by trading forex?
Yes, but not only invest $100 in forex trading and do not expect to begin an account with $100 and hope to turn into a million.
All traders of the world, surely understand that the vast FX market is the most attractive for everyone, because of its immense size, liquidity, and the direction for currencies to move in a more strong trend.
You would think traders all over the world would doing forex trading for their profit, and the success rate has limited to a tiny percentage of traders.
I suggest having at least a $5000 mini live trading account with any reputed and famous broker that you can afford to lose.
The issue is that countless traders come with the false hope of making a million dollars.
In reality, they lack the required Professional forex training, discipline, and risk and reward art for trading.
If you don’t apply your professional skills to do that, how do you think you’re going to succeed in one of the most enormous, complicated platforms? Short-term trading Isn’t for non-professional traders, and also You can not make massive rewards without taking huge dangers.
I have a suggestion & advice for new forex traders, Please you won’t open live forex trading account until you don’t understand basic, advance, and professional forex trading!!!
Is there anyone who becomes a millionaire for doing Forex Trading.
The millionaire of forex trading is George Soros, who broke the bank of England in 1992.
George Soros only trades in against GBP in very little time; he made a massive profit of 1 billion dollars when the UK withdrew from the ERM.
And now his worth an approximate 8.6 billion US dollars, made his money through investing forex and other business and projects.
You can google the browser and find many success stories of most prosperous forex traders in the world.
Such as Andrew Krieger and Stanley Druckenmiller.
Indeed, In the forex trading business, you can earn more money if you understand and follow the trade rules.
Can you get rich by trading forex and become millionaires?
Yes, Why not, If I know forex trading.
Also, learn from below.