Tuesday, November 22, 2011

Forex Trading - Does Anyone Really Make Money in Forex?

I've been asked the question does anyone actually, really make money in forex? The answer to that question is yes, but that's not really the question is being asked. The question is really being asked is, "Can I make money at forex?" I wish there was a simple answer to this question, but there really isn't. It really depends on the person and have dedicated they are. It also has something to do with intelligence. For example when something's not working, what needs to be done to fix it, or what needs to be tried next.

Nothing will work right always the first time, and that's where the valuable skill troubleshooting comes in. In other words, the trading method that you're testing is losing money. Why? What needs to be changed or modified? You won't be any good at answering these questions right away. There will be some fumbling around as you learn the market and how it responds to various actions. But there's hope for you yet provided you begin to pick up what you need to do better and right.

FOREX

So when I talk about intelligence, I don't mean that you need to be a genius. More than anything, you need to be a troubleshooter. So can you make money in Forex? I don't know, but you do. If you've got the patience to figure out why things aren't working when they don't (in other words, when you're losing money), then you stand a good chance at being ultimately successful in trading forex.

Forex Trading - Does Anyone Really Make Money in Forex?

Thanks To : Free forex ebooks site Forex trade99. Traderlive-fx & Stock

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