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The forex trading is very useful and profitable business if the trader has good skill of experience and knowledge. Then the trader earning the money like a machine of making money. But this business is also risky for those trader who start this without proper knowledge and experience.
Don't look at forex like a money factory. It is a business which has potential and can bring huge amount of money if you approach it properly. Don't just take the market for granted and expect it will do your works for you. You and you alone are the only one who can turn this into a profitable venture.
No way, here almost 90% traders are loser, and only few traders are making regular money! I have most than 6 years experience and now my monthly target is round 10% only.
Some people may think that it's a factory that produces money, but it's a completely different thing. In the right hands Forex can help you to get a fixed profit, however, if you are a beginner it's unlikely to happen.
Forex is a very good platform for those who really wants to be a successful trader in the world. This platform provides them many opportunities to come here and start trading on that platform. The only thing you have to do is to take control of your emotions while trading.
I was reading somewhere that about $4-5 trillion are traded everyday. You can imagine the immense capital involved. You can also become a part of those who want to try their luck in it. You should also know that with great profits comes great risks. Are you ready to take the risks?
I am doing my Forex Trading with the International Broker FXOpenA scam and unregulated broker make things even worse. So, traders should try their best to bring things in their favor.