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do you think forex is money factory


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Forex is never a money factory and there hardly would be a way a trader who takes it as a money factory will make money out of it. It is only a means for the trader to earn online and to have a better income for himself. Those traders who think Forex is a money factory only end up quitting Forex just too soon because they hardly earn a dime.

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  • 1 month later...

Forex is rarely a bucks manufacturing device and there hardly can be a indicates a trader who normally takes it for a income production facility will create profits outside of it. It truly is merely a way for that trader to crank out on-line and to possess a larger dollars for himself. 

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Forex is a cool means to earn money online but not a fast one. You can make profit trading in Forex but it is not that which comes so easy. For the trader to have something to boast in in Forex, there must be sound and concrete knowledge about the business which he should know a lot. Trading in Forex is all about understanding of it.

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I don't think that forex trading business is a money factory because if you don't know how to trade in here in the forec business, you cannot be able to make profit from trading. Forex is a very risky and a hard type of business that before the trader can make money from it, he or she should be able to learn first of all.

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Honestly, there are times you would make some huge profit and it will make it look as though Forex is a money factory. I mean, you end up making that which you never thought of and with small capital which if compared with other businesses, wouldn't get you anywhere. But then, Forex isn't a money making machine.

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  • 6 months later...
  • 1 year later...

What forex is money making factory? Never think forex like that, forex is a good business and lucrative also promising if you do it right but still not a money factory. It is a high risk business, you may get high income but remember there will be always a high risk following you dude.

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Well to be exact if someone's performance is constant enough for example in weekly trading or in a month, they can technically say forex as "machine" . I put this "" , since of course forex gives them money even not in constant amount per week or per month. Not wrong to say it as long as that is reflect the reality.

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  • 2 weeks later...

@gaban: That is true, some even struggle to make profit not as easy as the others who earn billion, so maybe fore as money factory has some grains of truth. And @myregister you don't have to put factory based on my knowledge will give you constant and the same result, to some people it is truth but while the others their income is too low.

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It seems you already convinced me at this matter so i agree with you not all traders can turn forex into its money factory but remember this factory isn't really stable and could explode some times, just imagine a big factory built in the top of volcanoes. That is what i can say about a forex trader who make a lot of profit in this volatile business.

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  • 1 year later...

Money factory? This is not healthy thought if you met with someone who thinks forex like that then you shouldn't hear him/her, even I must admit forex is a big market with lots of chances for traders to make money even later with bigger capabilities to choose bigger lot size you may win big but still it is not a factory for your money.

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I wish that Forex will be money factory in future but it never going to happen. Because we all have an idea that how risky the market is and making money from this risk is another thing first we have to save our money from being lost. And that is not easy to handle the trade within risk.

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I wish that Forex will be money factory in future but it never going to happen. Because we all have an idea that how risky the market is and making money from this risk is another thing first we have to save our money from being lost. And that is not easy to handle the trade within risk.

Sure, I get your point forex even still reliable as the business core for us it still doesn't good to think like that because as you said how risky the market. I may make the profit today but there isn't any guarantee that i may make the profit again tomorrow. So I think the idea of forex as money factory is a bit outdated.

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Sure, I get your point forex even still reliable as the business core for us it still doesn't good to think like that because as you said how risky the market. I may make the profit today but there isn't any guarantee that i may make the profit again tomorrow. So I think the idea of forex as money factory is a bit outdated.

It may be outdated but some people keep motivated by that strategy, they feel like that strategy will work for them even not all there are few which think forex as their money factory. For me personally, forex as money factory is a bit off. It is a risky business and with the right treatment, we should able to reduce the risk as much as we can.

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To motivate someone forex as money factory is possible thought, it could give you constant earning each month. If you think that like that it could be true, but Thoughts about Forex as "Money Factory" distorted by many traders who become lazy enough because of such thoughts. If someone said it cannot be, then what I called someone who produces constant profit each month? It is not like factory?. I changed my mind now.

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Traders can have a sharp trading simulation experience in the CFD market by gaining access to a demonstration account with FXB Trading. This experience is for them just as they expect in real-world situations. The site also offers security and protects the accounts of its clients.

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Money Factory in a good sense especially if you gain a trait to be able to get constant profit every period of time, like every day, every week, or every month. Constant profit is what you all need, if that is the case then it is not wrong to say that foreign exchange is a real money factory to us, but don't overdo it.

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  • 3 weeks later...

so I admit it takes extra effort hard and strong determination if indeed we want to be successful in this forex trading business. Because indeed in addition to many factors that we should consider in order to make a good trading, the risks we face in undergoing forex trading business is very high

 First of all, we need to reach an agreement about what is a factory means here? If the factory here means a place where you can make profits in a steady way or in a consistent way then forex is truly a money factory but it must have come with a proper and great risk management from the trader itself.

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