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One can definitely earn a living from Forex, but that requires a lot of starting capital. If you already have a profitable business, you'd better try Forex as a part-time activity.
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I am living in a corrigated box (heavy duty) located in an underpass of I-75 bout 25 miles south of Tampa. I have achieved this by dedicating all my waking activities as well as all available funds to making a living trading forex. I expect to do considerably better than my current circumstance , given sufficent time. If you happen to pass this way please stop to discuss current trends and positions, stops, ect. You,ll recognize me by my longish grey beard and the three wheel baby carriage I in which I have my computer and all other worldly possesions. Thanks for your interest--EB.
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That's what I call enthusiasm!
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Quote:
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forex scalper |
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For me, I'm sticking to it as a part-time side investment as like all things, money can be made but you have to know what you're doing.
I actually do similar work full-time as well to acquire capital but don't plan on retiring that anytime soon even if I do really well with Forex until I'm confident enough and have acquired enough experience. |
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Online forex affiliate programs give you enormous opportunities to earn big money by referring clients to the affiliate program to which you are associated. I am associated with one the leading Forex affiliate program and earning huge commission.
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You should really, like any other business or venture, start with a decent amount of capital and work part-time. If you don't have enough money just now, save up!
When you've got some valuable experience through trading with a demo account, and have had some consistent success with real money, you could start then thinking about giving it a shot full-time. It's best to take it slow, but to answer your question: yes, it is very possible. It just depends on your experience and your capital as mentioned already in this thread.
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Of course people do it all the time. There are different stages once you are trading professionally and perhaps its your own capital or others. A lot of people don’t get there because they end up using the forex to “Gamble”. Just like in poker you can gable there too, or you can play to win.
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Turning Patterns into Profits FXGroundworks |
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