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How much money can you make and how long will it take for a beginner?

Discussion in 'Beginners Bootcamp' started by danielluketic, Nov 9, 2018.

  1. holycow

    holycow Master Sergeant

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    The beginners should start this trading business in their free time, just for the sake of hobby and not for making money because making money from forex trading isn't that easier as it looks like. The individuals have to learn the skills required to profit from the market. SO if you are a beginner, then stick to demo account for some time, learn first before investing any real money.
     
  2. nahiyar

    nahiyar Private, 1st Class

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    The trick to use your money in proper way is to get skill of trading. As a beginner you will not grow your account just pay your attention towards learning process. This learning may take time because learning with reasoning is important just trading is nothing validated to trader. When he will fae market with real skill he will earn real money out of his investment.
     
  3. HollyHopScotch

    HollyHopScotch Recruit

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    The amount you can make is unlimited BUT it is not easy and don't let anyone tell you it is.
    You need to study and work hard and make many mistakes first.
     
  4. Esannniki12

    Esannniki12 Recruit

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    Interest question same as me when I began . I read the market wizard book that somebody can take 1-10 years before they are expert in this industrial. This is true!
     
  5. HollyHopScotch

    HollyHopScotch Recruit

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    10 years to master is the average.
     
  6. nahiyar

    nahiyar Private, 1st Class

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    OH this is a long time for money making but actual y success needed regular working for many years. May be you mention right about 10 years. When trader gets small victories he is encouraged and motivated for more trading . This will make a path for consistent money making.
     
  7. bigdolly

    bigdolly Sergeant Major

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    The chance that you double deposit from a single trade is tiny, but if you trade news, chances for such outcomes increase. That's why I trade news with Hotforex and sometimes Tickmill.
     
  8. Qasim waqar

    Qasim waqar Private, 1st Class

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    If anyone is taking that chance of doubling money in one trade then he is not trading and just gambling. That one trade can blow the account as well so we should take trading as serious business.
     
    HollyHopScotch likes this.
  9. Molly141

    Molly141 Private

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    Having a keen read of this thread!
     
  10. EURUSD

    EURUSD Sergeant Major

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    Make money through forex trading need patience, but also need good skill to analyze the market, if we having good mindset in trading, hence will possible will get the dream come true, but forex trading result will giving unstable profit, because average movement daily is always changes
     
    Molly141 likes this.
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