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Absolutely! The forex market is the biggest , most liquid financial market there is in the world! Its daily volume is over $6 trillion! So yes there's a lot of money to be made here.

It is a market that will be there for a very long time and well worth studying and getting into. See my bio for more on how to get started.

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FXguru

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3y ago

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Related Questions

What are some good investments in forex trading?

Some good investments in forex trading is Profitable Niche Galore. You can find more information about this company at http://www.profitablenicheinnovation.com/ewp/day-trading/why-forex-is-a-good-investment-opportunity


How can someone get into a company that does forex option trading?

You would want to speak to someone about forex option trading. The two primary options are called spot, or single option trading, and call/put option. You can make a very good amount of money if you invest it into trading.


Are mentoring Forex Trading Signals programs worth it?

When you are selecting a forex advisor for trading, you should select that advisory company who has a good reputation in the market. And also Forex trading depends on the efficiency and analysis of your forex signal advisor.


Where could information on FOREX trading be found?

Information on FOREX trading can be found online at any one of a multitude of websites. Another good place for information on FOREX trading is a Brokerage House.


What are some good e-books of forex trading?

Some excellent ebooks of Forex Trading can be found at CitiFX Pro and Google Play. Best Forex Books has very good books also. For specialized advise on strategies try The Best Forex.


What is a good forex system?

A good Forex System in my opinion would result in consistent profits with minimum drawdowns. A good system should also include good Money Management rules. Also look at live trading results and backtesting of Forex system. Well-performed auto Forex systems will have up to 95% of win trades.


Does GFT Forex trading have good reviews?

Most people that have reviewed GFT Forex have been disappointed with the service. There are many complaints about losing money, and some people have called them liars and cheaters.


Is the FOREX trading market closed on Good Friday?

Yes


How to make profit from forex?

You would need a good trading system, Money Management rules and a good broker. However the most important part is the psychology and discipline.


Can we really make some porfit from forex trading?

Forex trading takes a very disciplined approach and a good knowledge of the financial markets. Besides this you also need to have a good idea on how to read the charts and understand the various terminology such as bollinger bands, candlestick charts, and so on. More than 50% of forex traders never make big profits because their goals are just to make money, instead of focusing on 'how to make money'


What are the benefits of the Forex Trading System?

Forex Trading System has many benefits. The first one is that you can trade at any time of the day or night. This means that it is available 24 hours/day. Also, Forex Trading is easy to start. So if you are new to the market of trading, you wont be struggling as much as other trading systems. Forex Trading has all of the information you need in one place.


Can you become a millionaire from Forex trading?

Yes, you could become a millionaire from Forex trading, a lot of people have, but they had 50k to 100k to start with. If you are going to get a Forex account, look for an ECN broker (good) and learn what a market maker is (bad).