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Topic: Is trading profitable for real?  (Read 1333 times)

evewalther

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Is trading profitable for real?
« on: April 30, 2020, 11:31:05 am »
Is someone of you guys trading on Forex or something similar? Is it a good idea? Should I get involved also or it doesn't worth it?

rghvac69

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Re: Is trading profitable for real?
« Reply #1 on: April 30, 2020, 01:29:52 pm »
I would do much research and investigating before I traded on the foreign exchange. It's not a scam but a lot of scams are associated with it. It's also more volatile than the US stock market.

lingtenlouifrar

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Re: Is trading profitable for real?
« Reply #2 on: April 30, 2020, 09:05:29 pm »
Truthfully, this is good earnings. Even in spite of the situation around the world, trading still continues and people earn money from it. The fact that you have a basic knowledge of Forex is, of course, good, but it may not be enough for a good profit. When I first started trading Forex, my profit was meager due to a lack of knowledge. Then I found out about Investous trading and decided to use their services. I've been working with them for several years and have never regretted my choice. They've provided me with highly qualified analysts who provide me with information about various transactions. With each successful transaction, my income increases significantly, and I have a lot of successful transactions. In addition, they have a very convenient and high-quality application that is supported on any mobile device. For me, this is just the perfect option for a good income. I think it'll also suit you
« Last Edit: May 01, 2020, 04:09:13 am by lingtenlouifrar »

oldbuddy

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Re: Is trading profitable for real?
« Reply #3 on: May 01, 2020, 10:49:17 am »
Truthfully, this is good earnings. Even in spite of the situation around the world, trading still continues and people earn money from it. The fact that you have a basic knowledge of Forex is, of course, good, but it may not be enough for a good profit. When I first started trading Forex, my profit was meager due to a lack of knowledge. Then I found out about Investous trading and decided to use their services. I've been working with them for several years and have never regretted my choice. They've provided me with highly qualified analysts who provide me with information about various transactions. With each successful transaction, my income increases significantly, and I have a lot of successful transactions. In addition, they have a very convenient and high-quality application that is supported on any mobile device. For me, this is just the perfect option for a good income. I think it'll also suit you

The only way I would invest what little money I have with a company like this would be if they provided me with a certified guaranteed crystal ball and even then I would be skeptical.

hawkeye3210

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Re: Is trading profitable for real?
« Reply #4 on: May 01, 2020, 12:37:06 pm »
For the time and effort, investing in an index fund is a far superior decision. I'd stay as far away from Forex as possible.

tjshorty

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Re: Is trading profitable for real?
« Reply #5 on: May 01, 2020, 01:11:45 pm »
I have wanted to this sort of thing for many years now.  I don't ever seem to get to it. 

Tresbn00

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Re: Is trading profitable for real?
« Reply #6 on: May 02, 2020, 02:11:17 pm »
Forex,  like any investment, comes with it's risks. I found it funny that people would say that there was no risk in putting money into a savings account that was earning less than one percent in interest. The cost of living raised at one point six percent so you actually lose money on the interest earned at one percent. The stock market has averaged ten percent over the last century. I do not like to invest in anything that does not provide a return of at least five percent. My average for peer to peer lending is over ten percent. My stock investments pay an average dividend of over five percent and capital appreciation has been my best investment. Shorting several stocks (Thank you Elon Musk) provided very healthy returns. My real estate purchases/sales have averaged over eight percent. I had a FOREX practice account, for about three years before going live (the learning curve was a bit longer for me), but have averaged returns of over ten percent. I think that if you spend time learning about investments, follow the advice of people with success in the field, and move cautiously you can pull good returns.

oldbuddy

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Re: Is trading profitable for real?
« Reply #7 on: May 03, 2020, 09:52:34 am »
Forex,  like any investment, comes with it's risks. I found it funny that people would say that there was no risk in putting money into a savings account that was earning less than one percent in interest. The cost of living raised at one point six percent so you actually lose money on the interest earned at one percent. The stock market has averaged ten percent over the last century. I do not like to invest in anything that does not provide a return of at least five percent. My average for peer to peer lending is over ten percent. My stock investments pay an average dividend of over five percent and capital appreciation has been my best investment. Shorting several stocks (Thank you Elon Musk) provided very healthy returns. My real estate purchases/sales have averaged over eight percent. I had a FOREX practice account, for about three years before going live (the learning curve was a bit longer for me), but have averaged returns of over ten percent. I think that if you spend time learning about investments, follow the advice of people with success in the field, and move cautiously you can pull good returns.
One other factor I considered in regards to my investing was my age. When I was in my 20's I did day trading, but now in my 80's, the odds of recovering any serious loss has dropped significantly so I stick to safer returns even if they are slower.

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