Can you become a millionaire by trading Forex?
William M asked:
I am 17 years old and my brother set me up a Forex (Foreign Exchange) account to try and make money by trading money currencies. He turned $200 into $700 in 3 days. I want to know if it is possible to turn $200 into $1 million, and how long it would take if your really good at making money at it? Please give a reasonable answer to earn 5 star best answer.
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I am 17 years old and my brother set me up a Forex (Foreign Exchange) account to try and make money by trading money currencies. He turned $200 into $700 in 3 days. I want to know if it is possible to turn $200 into $1 million, and how long it would take if your really good at making money at it? Please give a reasonable answer to earn 5 star best answer.
July 26th, 2009 at 8:47 am
Perhaps if you are good in trading. Its very hard to determine which will double or which will not. The bigger at stake, the bigger the risk
July 28th, 2009 at 10:46 pm
YOU CAN BECOME A MILLIONAIRE AT ANYTHING ,
BUT NOBODY CAN GIVE IT YOU ,
ONLY YOU CAN DO IT , BY YEARS OF TRIAL AND ERROR AND IMPROVISATION AND DETERMINATION AND DEDICATION ,
THOUGH YOU WILL HAVE A BETTER CHANCE BY TRADING ON BETDAQ OR BETFAIR BY BUYING AND SELLINGG HORSES OR BUYING AND SELLING FOOTBALL PLAYERS
July 30th, 2009 at 10:54 am
No, the odds are not in your favor.
July 31st, 2009 at 9:50 pm
Forex is just like trading the Stock Market. The skies the limit but be prepared to lose everything you invest.