> Can I become a millionaire on FOREX?

Can I become a millionaire on FOREX?

Posted at: 2014-12-05 
The forex is an excellent investment and a great opportunity to work.

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Allows you to invest in shares.

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95% of users lose everything their first year,,, that news is everywhere

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Sure because a guy with no education and no capital can easily beat out teams of Ph.D.'s at hedge funds and money center banks. If there was something you could learn in 2 yr to make $5000 into $1M, how long do you think it would take me or one of my buddies to learn it? (Ans: not more than 10 minutes).

Why not, but you need experience. I recommend you to practice at least three months before going to open a real account and learn everything about FOREX.

I'm trading with FXCM which is one of the best forex broker in the world.

You have a good plan.

Try this and check the year FOREX performance:

http://currency-prediction.com/2014/05/2...

No one knows enough to consistently make money on FOREX. The world political and economic situation is just to unstable.

Hey there,

If you are not a big expert of the market you need some kind of technical support to succed with binary trading. I use "autobinary signals". It's a good software. I'm using it with good results. Details here: http://www.goobypls.com/r/rd.asp?gid=551

Of course its possible. So is buying a lottery ticket, but that doesn't mean you will.

I have no experience, no education and no startup capital for forex. My plan is to studdy the market and practice on demo accounts for around two years. After two years i want to start on forex with around £5000. Does anyone know if I can get good enough in that amount of time to make consistent profits from my investment of £5000 once i start? I know that its not a get rich quick deal, im 18, patient and ready to take the time over it. I just want to know if this is viable plan, if i am trading forex for a few hours a day after my two years of study, could i eventually become a millioniare?