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Is Forex a Money-Generating Machine ??

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miqbal79

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Forex can indeed be identified with a money-making machine but if we know the limitations and also we can create a money system based on the beliefs and abilities that we have because the money machine is not easily achieved or created.
#76 - May 21, 2020, 01:48:51 PM

Libra

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money machines are like ATM machines in banks, we can take money according to the nominal amount in our account, the difference with money machines in forex is that we can get profits according to our capital and targets provided we have consistent profits.
#77 - May 27, 2020, 02:25:54 AM

Aryox

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it seems quite appropriate if forex is equated with a money machine, it's just that the money machine in forex must be built up through hard work and effort in a disciplined and consistent manner so that traders can take profits easily, of course, with conditions that have also been determined by the system and reality.
#78 - May 28, 2020, 07:26:55 PM

PrimaFx

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like a comparison between a bank's ATM machine with a strategy or a forex trading system, it does have many similarities such as management or how much money we have to create profits so that we can take it through the machine or the ATM machine.
#79 - June 10, 2020, 01:54:22 PM

AWAY21

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Quote from: jawa99 on May 24, 2019, 01:32:06 PM
that's just the situation but it can indeed be equated if indeed we have a trading system that can provide consistent benefits.
Yes everthings have their special way. To be sucess in the forex we need good technic and also powerfull patient to wait best moment before make transaction. 
#80 - June 11, 2020, 07:02:31 AM

AWAY21

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Quote from: jawa99 on May 24, 2019, 01:32:06 PM
that's just the situation but it can indeed be equated if indeed we have a trading system that can provide consistent benefits.
Yes that right. We should try to understand about market character and also pair when we want to open position. Money managent is important too
#81 - June 11, 2020, 07:31:59 AM

Widiaty Syahnazia

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Forex money printing machines are difficult to realize, many traders still cannot get consistent results, the process can be achieved if we have the perseverance to learn
#82 - June 14, 2020, 11:32:51 PM

Sugeng Setiadi

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if we consider forex is a money machine then we can achieve it and indeed many professional traders have succeeded in creating their own money machine. But to make it happen is not as easy as we imagine.
#83 - June 24, 2020, 02:12:44 AM

ariezz

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Money machines are just a term or likened to forex like a controlled money machine, so don't take the term outright and then define a money machine like an ATM machine at a bank.
#84 - June 30, 2020, 08:20:17 AM

Geographic

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Forex trading becomes a money machine, as long as it has the ability, but it's not easy.
Therefore it must achieve that goal in order to make money from the forex business.
#85 - June 30, 2020, 12:44:50 PM

OjoL2904

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Large capital only presents one of several conditions so that we can succeed in trading, so if it's just capital, it means that only 1 of the many requirements is fulfilled and the trader must think of other things such as skills and psychology.
#86 - June 30, 2020, 04:31:21 PM

FzFx

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forex and money machines can indeed be described identically, the difference is in the money machine trading system has a more detailed and specific input because it must be done properly and correctly and keep the rules remain obeyed.
#87 - July 01, 2020, 08:30:18 AM

Muh0340

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in my opinion is not and too much if equating forex with money machines because forex is difficult to understand let alone achieve profits at will from there without the risk of loss that often occurs.
#88 - July 01, 2020, 08:41:40 AM

Jajami

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Running a forex business has no income limits, a business with financial freedom.
Forex can be a money making machine but on the condition that you have to be able to trade with consistent results, the problem is to be able to profit consistently is very difficult.
#89 - September 09, 2020, 04:43:18 PM

Fahmi Am

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Forex gives extra money, not necessarily a money-making machine. forex, of course, is only trading that can generate profits and losses.
#90 - September 12, 2020, 04:00:01 PM
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