Is Trading Forex Profitable
So whether or not forex trading is profitable isn’t the right question to ask because it depends on the person trading forex. there are already people and companies making lots of money trading forex. for example, hedge funds and prop firms hire traders to speculate in the forex market. The short answer is yes. forex trading can be very profitable. that’s not to say there isn’t risk. with something like trading stocks or foreign currency markets, there is an opportunity to bank hard. How profitable is forex trading? based on roi, forex trading is not high profitable business. if trader risk 1% of portfolio, on the end of the successfully year profit can be 20%-25% average. many other professions offer better roi (return on investment) such as :. Some people engage in forex trading to hedge the currency risk in their business. and some people trade forex for speculation purposes. so whether or not forex trading is profitable isn’t the right question to ask because it depends on the pers...