Hey Guys Answer to

Is it true that Forex can make you a millionaire starting with $100?

This is a silly question. Just the wording is like a riddle.
Anything is possible if you follow rules and risk management. Can you do it? Should you try it? Are many people doing it? Would I recommend it? NO! Read previous threads before starting new topics. This has all been discussed before.

Its like asking if I train can I become a professional footballer. The answer will ofcourse be yes because it could be possible. Does that mean it will happen everytime for everyone, NO. What are you actually trying to ask.

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Yes, it is!!!

Sure, 100% fail-safe method of becoming a millionaire! Why do we even have forums do discuss it? We are all billionaires!!!

More champagne?

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Wicked!
I think I could use the $100 I saved last month, trade it and Tada, I am on Island shopping in Bahamas.

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In Forex as in any other business in this world you can earn money but for this you need knowledge and experience. I’ve been in the Markets for years and I earn money, but it’s not easy. Market conditions are not always the same and that makes the operation difficult. But above all what is needed is professional knowledge. Forex should be treated as another profession or other business. My advice is to go to experienced professionals to prepare you in a serious and effective way.

You might need to start with a little bit more than that, in order to become a millionaire.

But it is good to start with 100$ as it limits your losses while you are learning, so you won’t become an anti-millionaire, ie broke :slight_smile:

Only if you have a consistent winning system. Otherwise you are dependent on good luck and in this regard roulette is a lot more fun.

But for anyone who really wants to know how much money they will make, you need to know your account starting capital, win rate, average win, average loss and number of trades per year.