Is Forex a Money-Generating Machine ??

Re: Is Forex a Money-Generating Machine ??

Luru Receh

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It is true that a forex trading system or strategy can be likened to a money-making machine, but we must not misunderstand the definition of a cash machine in forex because it is not the same as an ATM machine.

#31 - February 03, 2020, 10:05:25 PM

Re: Is Forex a Money-Generating Machine ??

Tri Selasih

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Don't expect to be able to create a money machine in forex if we don't have 3 things, which are good skills, good risk management and psychology because a profitable system is composed of these three things.

#32 - February 04, 2020, 02:26:47 AM

Re: Is Forex a Money-Generating Machine ??

mbelgedes

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seems to sound very tempting, money-making machine, I just imagine like having a money printing machine, whenever we need money just push the button on the dashboard of the machine and get out money. But it seems like something that is impossible without struggle and hard work.

#33 - February 04, 2020, 07:49:37 AM

Re: Is Forex a Money-Generating Machine ??

greenbeach

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Forex is associated with a money-making machine and is indeed a suitable parable because in a trading system or strategy that can produce consistent profits the same as a money machine that we can take at any time.

#34 - February 04, 2020, 04:22:14 PM

Re: Is Forex a Money-Generating Machine ??

CikuFx

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If we are able to create a trading system that is proven to be consistent profit in the long run, we can be sure that we will have these money-making machines because they are only owned by professional traders.

#35 - February 05, 2020, 06:12:27 AM

Re: Is Forex a Money-Generating Machine ??

Tapakliman

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forex and money machines are identical because if a trader can succeed in forex can actually produce consistent profits like Kiyta if you want to take money at an ATM machine, but all of that is not as easy as thought, it takes a hard struggle to create the money machine.

#36 - February 05, 2020, 04:01:42 PM

Re: Is Forex a Money-Generating Machine ??

celly

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forex = money machine if it fulfills several conditions. First there are profitable systems / strategies, secondly there are appropriate inputs such as sufficient capital, thirdly there are human beings who have controlled skills and psychology.

#37 - February 05, 2020, 11:39:44 PM

Re: Is Forex a Money-Generating Machine ??

Antonio

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Forex can be a money search engine / be a money-breaking machine, it all depends on how we trade well

#38 - February 06, 2020, 06:28:30 AM

Re: Is Forex a Money-Generating Machine ??

Admirald

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it is true but it is not easy to create a money machine in forex, even if it is easily created then everyone will definitely succeed and everyone will flock to jump into forex.

#39 - February 06, 2020, 10:13:57 PM

Re: Is Forex a Money-Generating Machine ??

farqueen

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money making machine is actually just a term that refers to a good trading system and profitable in the long run, so it is a trigger for the spirit of tradr in order to achieve a trading system and success in forex.

#40 - February 09, 2020, 10:59:58 AM

Re: Is Forex a Money-Generating Machine ??

Billy Atkinson

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forex and money machines are identical but if all the requirements are met that is to have a system that has proven consistent profit, if not then the money-making machine will never exist.

#41 - February 09, 2020, 03:22:32 PM

Re: Is Forex a Money-Generating Machine ??

Trully Amary

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If a trader is able to create a profitable trading system in the long run the same trader has a money-making machine and that is automatically the main goal of all traders, namely success in forex.

#42 - February 12, 2020, 01:50:40 AM

Re: Is Forex a Money-Generating Machine ??

Cobra Pokerz

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forex and money-making machines are similar parables, both of which can indeed fund us if we need money but the difference is we have to run forex well and hard efforts are not easy to make forex as a money machine.

#43 - February 12, 2020, 04:43:01 AM

Re: Is Forex a Money-Generating Machine ??

Akyid

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As a forex trader, don't just focus on the potential profit potential that can be achieved. Managing an account well is how we can minimize risk and increase profit.
Making forex as a field of money, income fields is not easy.

#44 - February 17, 2020, 03:32:51 AM

Re: Is Forex a Money-Generating Machine ??

Gidy

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If lived well this forex business can indeed be made a machine to make money.
but don't let the opposite happen, which is to spend money.
If forex trading is determined, it can be a source of income for traders so that they are able to meet all the needs of the family from trading results.

#45 - February 17, 2020, 05:14:52 AM