Making Money
Results 1 to 6 of 6

Thread: Making Money

  1. #1
    Join Date
    Apr 2017
    Posts
    1

    Default Making Money

    So how long until i can rake in cash? I spend on average at least 4-5 hours a day reading about forex.

  2. #2
    Join Date
    Oct 2016
    Location
    Devon, UK
    Posts
    320
    Have you set objectives for your research? Time is money, and research can absorb time like a sponge takes up water.

  3. #3
    You have to learn first then making a demo can improve your knowledge and skills about Forex. After that you can get idea where are you in trading and how much you can earn.

  4. #4
    Join Date
    Aug 2012
    Location
    Back of Whoop Whoop
    Posts
    1,813
    Quote Originally Posted by moneymagic View Post
    So how long until i can rake in cash? I spend on average at least 4-5 hours a day reading about forex.
    Short, honest, no bull answer bro. Let's say 7 to 10 years minimum.

  5. #5
    Join Date
    Mar 2017
    Posts
    1
    No offence but It kinda makes me laugh when I hear that it takes (5, 7, 10 years minimum). Not the first time I hear such a long time frame to master it. I personally know a guy who took him 2 years to 2 year and a half to learn forex trading. About one year of practice (while having a part time job) and another one to get profitable consistently. He makes over 100,000$ a year. The guy uses algorithm that he inputs into excel spreadsheets crying out loud! (he does day trading, he's using 1:10 to 1:20 leverage). It's always case by case, I suggest you disregard the answers that people give you about "how much time it takes to... (insert skill here)".

  6. #6
    Join Date
    Aug 2012
    Location
    Back of Whoop Whoop
    Posts
    1,813
    Quote Originally Posted by gabolt View Post
    I personally know a guy who took
    How about you answer the question. Not this I know a guy bull.....

    But I do agree, it's like asking how long a piece of string is.

Forum Sponsors

Similar Threads

  1. Idea for making money, Business plan
    By adamgalas in forum Trading Discussion
    Replies: 18
    Last Post: 10-26-2013, 11:53 AM
  2. The reality of making money in trading Forex.
    By PipVentures in forum Trading Discussion
    Replies: 48
    Last Post: 12-05-2012, 02:19 PM
  3. Anyone making money on Carry Trade?
    By nimble in forum Beginner Questions
    Replies: 12
    Last Post: 10-10-2012, 08:20 PM
  4. making money on Forex
    By theforexjobber in forum Trading Discussion
    Replies: 2
    Last Post: 05-22-2009, 07:03 AM
  5. Once you begin making money in the forex ...
    By stevemcg in forum Beginner Questions
    Replies: 6
    Last Post: 05-15-2007, 01:07 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"The greatest mistake you can make in life is continually fearing that you'll make one."
Elbert Hubbard