Can You Get Rich By Trading Forex?
Before we go any further, we are going to be 100% honest with you and tell you the following before you consider trading currencies:
1. All forex traders, and we do mean ALL traders, LOSE money on some trades.
Ninety percent of traders lose money, largely due to lack of planning, training, discipline, not having a trading edge and having poor money management rules.
If you hate to lose or are a super perfectionist, you’ll also probably have a hard time adjusting to trading because all traders lose a trade at some point or another.
Trading forex is not for the unemployed, those on low incomes, are knee-deep in credit card debt or who can’t afford to pay their electricity bill or afford to eat.