Is forex trading profitable?
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Generally, profits and losses are almost unlimited in the Forex market. Mostly, it depends on your risk appetite, your trading strategy, and your level of understanding. Start trading for skill instead of a profit, and in time, the profits should come with the skill.
The simple answer is that forex trading can make you plenty of money if you get in on the right side of the market and then take your profits in a timely manner.
Of course, you can also lose money just as easily by being on the wrong side of the market and cutting your losses or by letting a winning position turn into a losing one before you get out of it.
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