Can you really earn 20 percent from forex?

@Janet357 (75656)
March 13, 2022 9:55am CST
A neighbor of mine is living life to the fullest. They invited us to join them in their forex business. They were able to buy a car in just one month after joining. They travel most part of the month and just sleep all day whenever they don't travel. They told us that we could earn 20 percent from our investment. I did not buy it. Lol.
6 people like this
6 responses
@solidcodes (1690)
• Philippines
13 Mar 22
I've been studying FOREX for more than 2 years now. Yes, it is possible. There are 3 ways to earn FOREX. first manual trading 2nd robot 3rd copy trading studying it is not easy. but the 2nd and 3rd are for people who don't time to study forex.
3 people like this
@wittynet (4421)
• Philippines
14 Aug 22
I agree, Jhana. It's not easy to study Forex. I've been studying it since 2013. I can't say I'm very knowledgeable now, but I can earn, unlike before, I always lost.
@wittynet (4421)
• Philippines
14 Aug 22
@Janet357 I think it's really possible depending on strategy, the currency they trade, and the platform they use.
1 person likes this
@Janet357 (75656)
13 Mar 22
But my neighbor's case, they get 20 percent regularly hahha
2 people like this
@snowy22315 (169893)
• United States
13 Mar 22
I think it might be good to try with a little bit of money and see how it goesm
2 people like this
@wittynet (4421)
• Philippines
14 Aug 22
@LadyDuck Do you play roulette online? Is it also pure luck or a combination of luck and strategy? I'm playing Bingo. Others say it's pure luck, but I don't think so. There's also a need to use a very good strategy so as not to lose the money earned.
@LadyDuck (457918)
• Switzerland
13 Mar 22
@Janet357 I have more fun playing the roulette.
2 people like this
@Janet357 (75656)
13 Mar 22
My friend tried 50 dollars. She won 10 dollars in a few seconds. And used 60 dollars again and lost it in a few minutes too.
3 people like this
@wittynet (4421)
• Philippines
14 Aug 22
Not only 20%, you can earn 100% or more depending on the market's movement and the strategy you use. I gained more than 100% last month in just one day, but I also lost it in just one day No worries. It needed to happen for me to realize what better strategy to use in my future trades. Last Friday, before the market closed, I earned 50%. Forex trading is promising and I'll continue to trade. Have you tried to study Forex trading? How do you find it? I love all about Forex maybe because I found one of the best teachers. He has so many tutorials which I watched multiple times each to understand what it means. At first, I was so confused, but when I realized rewatching can help, everything becomes clearer everyday until I was able to place good trades.
@RebeccasFarm (86732)
• United States
13 Mar 22
I had some Forex years ago when I had some company investments. I made a little bit. This was years ago though now.
2 people like this
@wittynet (4421)
• Philippines
14 Aug 22
Are you no longer interested? I stopped after years of trying to earn, but just this year, I decided to go back. I've improved a lot. Sometimes I earn $5 a day, sometimes it goes up to $50, then last week I earned $100 in just one day. The problem was I was too excited to make it bigger. I used all of it without stop loss and when I woke up, nothing was left. I know the reason why I blew up my account, and I had a valid reason why I did it.
1 person likes this
@jstory07 (134418)
• Roseburg, Oregon
13 Mar 22
You would have to know what you are doing.
1 person likes this
@wittynet (4421)
• Philippines
14 Aug 22
That's correct! Know what it is, learn it, then do it. I always told friends not to be attracted to join to these kinds of investments without having any knowledge about it. The best option is to always learn it first and do it yourself instead of investing money to other people and let them handle your money.
1 person likes this
@LadyDuck (457918)
• Switzerland
13 Mar 22
Yes you can, if you know what to do. Excellent traders can make 20% and even more. That said if YOU invest your money, try with a little amount. DO NOT give to others money to invest.
2 people like this
@Janet357 (75656)
13 Mar 22
the thing is the player assured them a 20 percent earning every month! no one can guarantee such but a bank, but even a bank cannot give you such amount. it may be true. but the point is, you won't always earn.
2 people like this
@LadyDuck (457918)
• Switzerland
13 Mar 22
@Janet357 You cannot always earn and you cannot invest all the money you have, because you can earn, but can also lose. Forex trading was a lot more interesting when every European country had a different currency.
2 people like this
@Janet357 (75656)
13 Mar 22
@LadyDuck yes. It is a gamble and one must be knowlegable on it.
2 people like this