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+3 votes
Is Forex Trading Profitable?
asked Jun 24, 2016 by CodyBlake (109 points)
edited Jun 25, 2016 by triuser

2 Answers

0 votes
Of course, it is profitable, if you are doing it right. To be a successful Forex trader, you should first study in detail about the Forex trading and the effective strategies to be implemented to earn the profit. By doing proper analysis and implementing the methodology you can earn a good profit. If you are new in this field, must contact FinproTrading for guidance.
answered Jun 24, 2016 by anthonypacheco (130 points)
0 votes
This question has been debated for quite some time. This is due to the fact that many investors haven't had the success trading Forex they had imagined, and their experiences have cast a shadow of doubt on its viability as an investment choice.

Like any other type of investment, Forex trading has its inherent risks and potential for profitability or loss and knowing how to mitigate these risks goes a long way in determining your own Forex trading profit or loss. Sometimes, people get carried away by the success of someone else who made Forex trading a profit and throw in their money into the market without first finding out how the profit came about.

Forex is undoubtedly a high-risk market. As the risk is high, so is the potential for Forex profit.
answered Feb 26 by rodmackay (130 points)

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