Forex Zone - Forex Forum

Is Forex a Money-Generating Machine ??

Discussion started on Forex Education

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
money-making machines in forex are indeed very tempting.
#16 - August 22, 2019, 04:44:12 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Forex is a cash machine like an ATM if we manage it well.
#17 - August 22, 2019, 07:57:12 AM

  • Newbie
  • Posts: 21
  • Points: 0
  • Likes Received: 2
  • Reputation: +1/-0
right sir, forex trading can be said as a money-making machine. this is because it is easy to get money in forex trading.
#18 - August 23, 2019, 11:56:40 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Forex is a money machine so we must be able to achieve that success.
#19 - August 24, 2019, 01:08:09 AM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Forex is a money-making machine, but we must create it with effort.
#20 - August 24, 2019, 01:26:08 AM

  • Full Member
  • Posts: 168
  • Points: 725
  • Likes Received: 3
  • Reputation: +1/-0
In my opinion wrong, forex is not a money-making machine but a business or it could be called an investment because the profit potential in forex is actually quite small, there are those who set a large target but it is not realistic and will not last long.
#21 - January 28, 2020, 03:11:52 AM

  • Full Member
  • Posts: 136
  • Points: 183
  • Likes Received: 6
  • Reputation: +1/-0
money-making machines are the same as profitable systems that are already able to produce consistent profits, if supported by large capital it will truly be a money-making machine for a period of time.
#22 - January 28, 2020, 03:59:36 AM

  • Full Member
  • Posts: 155
  • Points: 347
  • Likes Received: 4
  • Reputation: +0/-0
Money making machine is one of the terms that describe a consistent profit in trading, if a trader is able to get consistent profits, it means he has a money machine.
#23 - January 28, 2020, 05:41:29 PM

  • Full Member
  • Posts: 159
  • Points: 598
  • Likes Received: 9
  • Reputation: +1/-0
Indeed, the term is true and almost similar, it's just that traders do not look at forex will really be a money machine because to achieve it requires hard work and discipline, it is impossible for a money machine to be created instantly.
#24 - January 29, 2020, 02:13:13 AM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
A cash machine does not mean that it can be dredged continuously, but a profitable money machine or trading system will only produce profits according to input, namely capital and strategy.
#25 - January 30, 2020, 02:30:04 AM

  • Jr. Member
  • Posts: 95
  • Points: 440
  • Likes Received: 3
  • Reputation: +0/-1
Forex can indeed be a money-making machine but it's not as easy as we imagine because it takes a process and also learning about it. If all traders know how to make forex can be a money machine.
#26 - January 30, 2020, 09:40:28 PM

  • Full Member
  • Posts: 121
  • Points: 268
  • Likes Received: 1
  • Reputation: +0/-0
the most important thing here is we should not get the wrong perception that forex trading is like an ATM machine but rather to the process so that we can easily make realistic targets into money-making machines.
#27 - February 02, 2020, 04:10:48 PM

  • Sr. Member
  • Posts: 250
  • Points: 396
  • Likes Received: 9
  • Reputation: +0/-0
Forex can be likened to anything including a money-making machine because the system in forex trading is similar to a cash machine where if we are disciplined in applying everything that can make our targets consistently and optimally created.
#28 - February 02, 2020, 04:45:27 PM

  • Full Member
  • Posts: 143
  • Points: 263
  • Likes Received: 3
  • Reputation: +0/-0
Consistent money making machines in forex are profitable trading strategies / systems that are supported by psychology and also good skills for inputting into a machine or trading strategy / system in order to make consistent money.
#29 - February 02, 2020, 05:20:33 PM

  • Full Member
  • Posts: 143
  • Points: 197
  • Likes Received: 2
  • Reputation: +0/-0
money-making machines in forex are just a myth, the proof is that only a few traders are able to create a system that can generate consistent profits like a money-making machine, but it is natural because forex is not a haphazard business.
#30 - February 03, 2020, 07:06:59 AM

Members:

0 Members and 1 Guest are viewing this topic.