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is the forex machine a money maker?

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Dyandra

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that's right, it all happens when you already have a system with a reward ratio above 65% and can be consistent for 2 years
#481 - June 04, 2023, 03:40:22 PM

aphelion

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Professional Forex traders generally have a reward/risk ratio of at least 1/6 or more, so they can be successful for years if they know how to manage their trades. This is one of the big advantages of trading the Forex market.
#482 - June 04, 2023, 04:59:54 PM

Vernalta

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being a money machine is the most favorable condition and one that we can manage in a better way
#483 - June 05, 2023, 12:58:25 AM

aphelion

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It is important to be aware of the risks associated with forex trading, the leverage utilized, and the ability to understand the different currencies and financial markets. With proper research and due diligence, one can make a living with forex trading.
#484 - June 05, 2023, 03:12:50 AM

Dyandra

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That's true, but all of that we should be able to use according to our own habits.
#485 - June 06, 2023, 02:20:55 AM

aphelion

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Quote from: Dyandra on June 06, 2023, 02:20:55 AM
That's true, but all of that we should be able to use according to our own habits.
Yes, trading forex can be done according to one's own habits and preferences. Different strategies can be implemented to suit different trading styles and markets, and there are many automated trading systems and software packages available which allow traders to set up their preferences and then trade accordingly.
#486 - June 06, 2023, 09:21:31 AM

Vernalta

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it does of course happen, the important thing is that you have done what you learned
#487 - June 07, 2023, 04:58:47 AM

aphelion

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Be sure to research properly and understand what you are doing.
#488 - June 07, 2023, 06:53:43 AM

Yengoc

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Being a financial machine is indeed a difficult thing but it can be optimized with a mature plan
#489 - June 08, 2023, 03:14:50 AM

aphelion

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The fact is that forex trading is an ever-changing and fast-paced world. You need to be constantly adapting your approach to stay ahead of the curve. If you are not disciplined, you are  quickly find yourself out of a job.
#490 - June 08, 2023, 04:46:23 AM
« Last Edit: June 08, 2023, 04:48:27 AM by aphelion »

Yengoc

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To become a money machine, we must be able to use it for something more noble
#491 - June 09, 2023, 06:02:33 AM

aphelion

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We must be able to use it to help people.
#492 - June 09, 2023, 06:27:53 AM

Nettawa

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regular use of the money machine will be more suitable for those of you who have experienced planning
#493 - June 10, 2023, 03:43:53 AM

Vernalta

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So a financial machine is important, therefore we must be able to do it in a more effective and perfect way
#494 - June 11, 2023, 01:03:28 AM

aphelion

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Doing this first will give you the most optimized chance of leaving with a positive outcome instead of a loss.
#495 - June 11, 2023, 02:10:38 AM
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