forex trading forex guide 2022

 Getting rich is most people’s dream and so it’s unsurprising that this is one of the most common questions among new forex traders who want to know their odds of becoming rich very quickly with forex trading.

The short answer is this – yes, you can get rich if you trade forex. However, you have to understand that forex trading is not some get-rich-quick scheme. Forex trading (short for foreign exchange trading) and currency trading is a skill, and like most skills, it takes time, patience, diligence, and experience to learn and refine. Success won’t happen overnight and anyone who says otherwise probably doesn’t have your best interests at heart.

You should join 

THE FX-AGENCY ADVISOR 3 THE WORLDS LEADING MULTI-FUNCTIONAL HIGH END FOREX SYSTEM and be successful in FOREX trading

The trader credited with the world's 'richest forex trader' title is George Soros. Famous for 'breaking the Bank of England' in 1992, his short position against the pound netted him over $1 billion and led to the Black Wednesday crisis. Today George Soros' net worth is thought to be upwards of $8 billion.

The forex market is one of the most popular markets for speculation, due to its enormous size, liquidity, and the tendency for currencies to move in strong trends.

You would think traders all over the world would make a killing, but success has been limited to a very small percentage of traders.

The problem is that many traders come with the misguided hope of making a gazillion bucks, but in reality, they lack the discipline required for really learning the art of trading.

Most people usually lack the discipline to stick to a diet or to go to the gym three times a week.

If you can’t even do that, how do you think you’re going to succeed one of the most difficult, but financially rewarding, endeavors known to man (and woman)?

Short term trading IS NOT for amateurs, and it is rarely the path to “get rich quick”. You can’t make gigantic profits without taking gigantic risks.

A trading strategy that involves taking a massive degree of risk means suffering inconsistent trading performance and large losses.

A trader who does this probably doesn’t even have a trading strategy – unless you call gambling a trading strategy!

Can forex trading make you rich? ... Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury. So, before you venture into it unprepared, seek guidance from more experienced traders and invest wisely.


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