How To Trade Forex Profitably

[@pjdmoneymantrading2858]

Well said. Strategy AND capital are keys to success in FX trading. 3-5% per month is good as the key is consistency. Newbies must understand that FX trading is not a get rich quick scheme, it takes years to master and to be profitable regardless of the mode of trading (manual or automated).

[@annugo1219]

I beg to differ. I agree that people refuse to put in the work to acquire the skill therefore having a bad experience with trading and calling it a scam however, in terms of capital I believe one can diligently grow his or her capital starting between 1000 to 5,000 dollars and keep compounding patiently. Prop firms are good but not so easy to pass hence using your 1,000 dollars to buy a prop would be a wrong move. Trade that money first and prove to yourself you can be profitable then proceed to use prop firms if he or she wishes to do so. Generally, trading isn’t a get rich quick scheme so it’s important that people approach it from a place of gradual growth.

[@VictorIsiborReviews]

Thanks for commenting.