Does anyone make money in Forex Trading?

Does anyone make money in Forex Trading? On any given transaction, yes. And equally, on any given transaction, somebody loses. Forex trading takes time to learn, which is what makes getting proper Forex tradng software into your hands, studying, running shadow accounts, back testing.

The trip to an MBA degree from a prestigious school might cost more than $100,000, and 4-6 years of your life. It's not realistic to think that without some degree of paying to learn, you can become a Forex trader making millions of dollars. With training and experience, $3,000-$10,000 a month is not just possible, but doable for anyone with the discipline to hunt the right times, right pairs, right limits.

Many people read stories from those who got discouraged, or acted recklessly, falling for some sales pitch from some TV or magazine ad about "Forex robots" trading for them automatically while they sat at the beach. Given the actual structure and math of Forex markets. the reality is that if the robots were flawless traders, there would be no Forex market.

Forex "robots" signal when certain "shapes" show up on the charts. It is up to the user to properly interpret those charts, and act appropriately. The reality is that if the robots were flawless traders, there would be no Forex market. The reality is that most skilled Forex traders are not going to give any meaningful help to anyone else, for the very same reason.

Four trillion dollars a day moves through the channels of Forex trading. In such a massive volume of transactions, imbalances appear and disappear. The experienced Forex trader uses Forex trading software to find those imbalances, matches them against what he knows and can rapidly learn of world events involving the paired currencies, and takes action.

Since the major financial houses of the world depend on that action happening--the adding of "liquidity" to the market, they have no problem with retail traders taking some of the profits. The idea that the small Forex trader will be crushed by the big banking houses is a myth invented by people who did not spend enough time training with their software, got too prideful about their skills, or lost their nerve at critical times.

The person interest in an investment income from Forex trading needs to review several software packages, subscribe to the one that "feels best", and then work at learning like their knowledge would be worth a million bucks--because, with the right skills, it will be.