Making money with forex

Are people actually making good money trading Forex, such as earning five-figure monthly incomes, or is that just a social media myth?

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“No one would attempt it if it were impossible. Everyone would do it if it were simple.”

Forex trading can be risky and tough. Some people earn well from it, but it’s not simple and not suitable for everyone. Before you begin, it’s crucial to understand the market well and have realistic expectations.

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Forex trading is challenging; active trading is necessary to profit, which may not suit everyone due to slow gains in stable markets. Current volatility presents great opportunities. Making money is possible with a strategic edge, but developing and maintaining this strategy is the real challenge. Many traders lack a solid strategy and rely on intuition or non-existent edges.