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    Thread: Forex is for poor people or rich?

    1. #11
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      If you are poor or you are rich, it does not matter at all, when you come to forex trading. It is the way you trade that will matter. If you are poor and you can trade well, then you will make profit and also if you are rich and you trade well, you will also make profit. It is your mind and ability to trade that is important.


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    3. #12
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      Logically it should be for rich people those can easily risk their small amount of their money. But it's the fact that I still never met a pretty rich person who starts trading in forex. Also successful and experienced traders mostly tells that they weren't rich when they start to trade in forex. So I think it's not the right question "for poor or rich". The truth is forex is for everyone who wants to get profits.


    4. #13
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      The forex business is for rich people and the poor, we cannot rely in the fact that we have access to do much money in order, this has been the illusion that many have depended in the past, I think we cannot have this mentality and be successful, work hard instead.


    5. #14
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      No forex should be possible by any class of individuals, forex simply needs a talented individual with a decent methodology, the cash to contribute isn't an issue, as individuals can likewise get on Mt5' discussion advancement and profit out of forex thusly without investing their own genuine cash


    6. #15
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      Forex is for both who have knowledge about Forex they can do this business rich and poor it doesn't matter only hard work is needed for trading.Every body wants to make money and Forex is a good business for making some extra money.


    7. #16
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      I think forex is not only for rich. This is for all types of people who have enough knowledge about forex. A poor can also start forex business if he has forex knowledge well. On the other hand if a rich man start forex business without forex knowledge they can not survive in forex. So my opinion is that every adult person can do this business if he has enough khowledge. Otherwise nobody can be a good trader.


    8. #17
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      I don't think it will depend mostly on whether a person is rich or poor. I know a friend who started with a few revolving cash and eventually become rich because of Forex. Maybe, it is because she is determined and really interested to engaged in it.


    9. #18
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      Forex is for everyone whether poor or rich. As long as the question arises of the earning money it just totally depends upon our skills and patience. Moreover the forum balance is quite a good thing for poor people as it can make them go and earn. it's a great help


    10. #19
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      For me. Forex market is meant for both people not one have the opp to trade and become successful in a less time if they put their mind to it. So I think the poor with a very good knowledge can also make a good trading success but financial aspect of trading will not allow such trader to be very active, but thanks to this forum opportunity they can put all that aside


    11. #20
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      Both poor and rich can participate in forex trading but in the long run, if the poor people wont become a good trader they will turn poorer and quit at some point in time. While the rich individual will only consider forex as a hobby because they got already their old business to fund their forex trading addiction and to pay their monthly bills.
      No Guts No Glory!


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