how can some of them become millionaires, and most of the others fail to have even one sale per month? This is is not true at all. I am not saying that it is impossible to make millions with Forex. Unlike what most people think, it is not possible to start making money right after learning the Forex trading basics and a trading strategy. Trading through a bank account will have a lot more advantages compared to trading through Forex brokers. The simpler and easier way is learning the Forex trading basics, and then a simple and strong trading strategy. Then you have to master your trading strategy through demo trading. Ive never seen even one single retail Forex trader who has become able to become rich or millionaire through growing a small account with a retail Forex broker. Some people say, I was only playing with the markets money.
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There are some questions that are frequently asked by novice traders: How much money can I make through Forex trading every month? Be careful not to be deceived by the neteller courtier de forex scam mentors or brokers that encourage you to open small 100 or 500 accounts with the high leverages like 500:1 or even 2000:1 that some market maker brokers offer these days, to turn your money into millions. I dont think you can consistently be a winning trader if youre banking on being right more than 50 percent of the time. I have two clear answers for this question and I explain about each of them in details: Yes, you can. None of them have achieved this through full-time Forex or stock trading and with retail brokers. You Need a Source of Income Forex trading is not a full-time job. Enter your email address and check your inbox now. Turning a small 5000 account into a million dollar account is possible theoretically. You have to keep on learning and practicing until you become a consistently profitable trader. There are two ways to do that. He was shatteredbut he learnt from that mistake. First you have to learn and master the trading techniques.
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