Do you think forex is money factory

It can be a money losing factory as well so you need to manage your risks well. It is all about probabilities. You should be able to remain on wining side more than 50% and you will see money.
 
Yes, here loosing chances are more than gaining because people do not do hard work make money with genuine ways they want sudden jump that will give them high profit. In forex trading all possibilities are present , Profit and loss are part of trading ,never forget loss because you have to face it.
 
Loss is part of trading that sometimes inevitable, but at least we learn how to recognize our mistake and then overcome the mistake not repeated the same mistake, forex is not an easy way to make a consistent profit, so trader also need to look back on their pocket,
 
For every day people yes. You have to love it and you have to work hard to get to the top of your game and stay there. You cant really take days off and your trades have to have no mistakes. The most important question you have to ask is how hard do you want to work and how much are you willing to learn. Are you the type of person who will not stop learning like all of the other successful forex traders are?

Forex is the most liquid market in the world. Trades 6 trillion dollars EVERYDAY. Granted only about 1/4 of that is for retail trading. However this market allows everyday people to learn a trade and jump into the liquid market to grow a nice little income.
 
it is not and will never be a money factory until and unless one is keen to learn and grow. there are no shortcuts. like all other fields this needs a lot of hardwork and research. you can be rags to riches or riches to rags. play carefully
 
You have to do work hard, get knowledge and learning from your own trading results that will really sharpen your trading. If you really want to get success in forex, you have to see your own mistakes and find out the reasons behind the mistakes . Then wise decisions according to the market situations are very important that show your skill of trading adjustment.
 
I think the analogy of a factory is incorrect as a factory produces something. Also to treat it like a a money printing service is to be complacent with it
 
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