/biz/ - Business & Finance

$0-600

maybe 1100 in a year with low draw down, if you are highly skilled

>>10121948
0

>>10121948
>put in $1000 this week in one week how much money will i have
$0

about 95% of retail unexperienced forex traders end up to zero within months

>>10121986
>>10121986
then how is it so big and how does people make money from it over the past 3 days 6 people told me about forex and how they are learning forex and they gonna be rich

>>10121948
500

>>10122019
forex is not very popular anymore among retailers people lost so much money in the 70's and 80's it was like crypto with lots of novice traders. this is big money hedge funds they take advantage of forex and stock movements combined etc. invest in strong currency markets right time

>>10121948
Easily >$10,000 if you buy all BCH. That’s a very conservative estimate.

Roger Ver, Jihan Wu, Calvin Ayre, The 8btc mod (19hZx234vNtLazfx5J2bxHsiWEmeYE8a7k), Jiang Zhouer, the bitcoin.com cofounder, the Coinbase founder - all BILLIONAIRES who can complete the flippening with their own cash TODAY.
They're not doing so because they'd rather invest in BCH adoption. BCH adoption is skyrocketing while btc adoption is dropping.
In a few years both St Kitts and Antigua will use BCH as their main currency (Roger is working on St Kitts, Calvin is investing in Antigua more money than their GDP exclusively because of BCH adoption), Craig Wright will increase transaction counts by circumventing corrupt governments in Africa for money transfers (this one is not certain but very possible considering his funding), Roger is speaking to VIP-s every other day, including Japanese bank CEO-s, stock exchange owners, etc. Brian Armstrong will push BCH and shit on BTC subtly every chance he gets, bitcoin.com wallet is the most popular mobile wallet and it literally shits on BTC, propaganda/censorship effects are fading, Purse just added BCH meaning that normies can use it to get 20% discounts on amazon, Koreans love BCH and they seem to matter at least as much as Americans and significantly more than eurofags, miners are looking for ways to destroy BTC in the next few years otherwise their profits will crumble, LN is proving more and more of a failure every single day, Wright will patent-troll startups into moving into BCH, tipping on github is now possible with bch, smart contracts are coming in November, stress tests are a massive success, charities are popularizing BCH in struggling countries (Venezuela today, others will join in if trouble arises), Free Society project is progressing well, Circle is adding BCH next few weeks, Ayre who became a billionaire from gambling is going to create BCH-only online casinos

>>10122046
what about individuals i heard stories about INDIVIDUALS MAKING MONEY TRADING IN THEIR BEDROOM or maybe that was just a sales pitch

>2 months learning to trade

Well then my advice might be a bit late but pick a reasonably low leverage and go for interday trades.

>>10122084
yes there are individuals making money trading all kinds of assets including forex, but the returns you hear people trading forex are more than likely exaggerated lies. intraday traders especially i dont think any way in todays markets

>>10122157
so someone with no knowledge of trading before & learn to trade and invest a few grand in it can they make bank or atleast a living

>>10122213
youre going to lose all your money, dont you get it? you dumb retard?

>>10122213
zero chance :D

>>10122234
>>10122232


a bunch of my assholes friends keep coming to and telling me how much money you can make trading the way the talking it sounding real

>>10122284
well, ask them to show their trading history you probably gonna get funny answers

>>10122284
What did he mean by this

>>10122301
they say the still learning i wanted to wait till they start really trading them see if it makes money but FOMO has me worried they might get richer than me

>>10122325
haha :D

>>10121948
the naysayers in this thread do have a valid point. If you're new to forex theres a strong chance you'll lose a lot of money before making any. And you'll absolutely never make anything substantial without finding the right system that works for you and develop the right psychology. Read books on developing such a system.
I rec: Evaluation and Optimization of Trading Strategies by Robert Pardo
Yes read the whole thing and taking notes.
And once you think your pathetic brain has a system that might work backtest the shit out of it. Make a demo account on meta trader and practice for at least a month before you think about putting actual money to work.
and FYI if you want actual insight and advice on forex instead of aspie ramblings you should lurk a legitimate forex forum not an anime memecoin subreddit. i.e. forexfactory

>>10122503
>if you want actual insight and advice on forex instead of aspie ramblings you should lurk a legitimate forex forum not an anime memecoin subreddit. i.e. forexfactory

those places and youtube are all fill will shill selling you shit

>>10122528
Easy to distinguish if you have half a brain