Can I Get Rich Trading The Forex ?
Hello !! Today, we’re gonna talk about the question of the century ! Can you get rich trading the forex ? Because we have to retain that the purpose of trading is making money on the long run… I see people who say “Oh my god you’re always thinking about money !”. I asnwer that trading the currency market without thinking about money is a hard challenge… Isnt it ? And in the end the goal of everybody out there is to make money…
But here’s a first little tip… If you want to trade correctly the forex and be profitable on the long run you must stop thinking dollars or euro and have to think points ! Do that and trust me it will help… Anyway, we’re not gonna talk about that this time…
Let’s focus on the main topic… Is it possible to get rich on the forex ? My answer is simple : yes but it will take some time except if you’ve got a $30,000 starting capital ! Once again, everything’s based on money management… Money management is the key. If you follow your money management plan, you’ll make money.
Of course you can’t get rich in one or two years with a $1000 starting account… It’s not possible. But it doesn’t mean that you can’t get get rich with a $1000 starting capital. It will only take more time.
Most of the forex scams out there are proposing some unbelievable plan which will let you able to make $1,000,000 in one year startint with a $500 account. That’s untrue. Come on let’s be serious, if it was possible, everybody will be richer than Bill Gates (which by the way became again the richest man on earth !).
You can easily make around $5000 on your first year with a $1000 starting capital, that’s what I did and trust me if I did that, everybody can ! You’ll make money on the long run with a great forex method because each time your capital grows, you can increase your lots and then make even more money.
So the answer is yes ! By working, following your money management plan and having a great forex method, you’ll be able to make serious money on the forex market !
Don’t forget to trade safely !
Samuel.
Nice Site layout for your blog. I am looking forward to reading more from you.
Tom Humes
My friend,
It’s so true. Every beginner of trading should read this article.
By the way, I have also started a blog on trading, do you have time to have a look?
http://ganglionstradingblog.blogspot.com/
Ganglion
Of course, i’ve got time for that ! I’ll take a look and let you know as fast as i can !
Cheers, Samuel.
I like the info and will be linking back to you from my site.
i think your site could benefit from more video content. just a suggestion
leave some feedback at my blog when you get the chance.
Ive been trading the pointbreak and fractalwizard EA’s for a while, getting great results. This is useful background information for me, thanks!
I will be linking to your site great article.
Well put stuff. Will for sure definitely come back again. See also this get rich books website at
Great site, I will be checking back for any new articles and linking back to you from my site.
Many folks just blow this stuff off, and I believe that their investing ability suffers in the end. There’s a serious tendency to rely on the elusive Holy Grail that many people end up sabotaging themselves. The occasional reality check helps us all to maintain our bearing in a pitiless market.
Hi, i must say fantastic site you have, i stumbled across it in Google. Does you get much traffic?