Is it normal to assume that someone can make a living doing can make a living doing forex? -

If you treat it like a profession and learn about it, then you can make a living. In fact, I have many friends who have a comfortable life on forex trading. But if you expect forex to be a magic solution then you may get disappointed. If you define normal from a statistical point of view, where quot;normalquot; is the highest peak of the bell curve (50th percentile of any population), then I m afraid the answer is no. Although I do not have scientific proof of this, it is commonly accepted knowledge that over 90-95% of all Forex traders will lose money in the long run. Leaving around 5% of traders who can successfully make trading Forex a profitable profession. Still, the lure of skyrocketing profits is too compelling for many traders to ignore. So before you dive into a career in trading Forex, do your due diligence and research as many success and failure stories as possible. Be careful in weeding out the claims of astronomical returns and place every success story in right context. Perhaps a trader was only that successful over the course of a few months, or a few years? Question things like that. Don t be afraid to ask other traders about their trading careers either. yes ! I make living trading forex i am trading forex for last 5 years and now make consisistent profits i also trade for my clients who find it diificult to trade and also teach newbies abt it No, foreign currency trading is speculation, i.e. gambling. Most investment caompanies have teams of experts with years of experience and they still get burned quite a bit. Rather hard to make a living on, or even cover your rolaids expenses on, I d wager. You can make a living doing forex. I am a forex trader and I make a living through it but make sure you are well trained before venturing into it. Click the source below to learn more. okay so we are assuming that someone can make a living,doing, can make a living doing forex? what? you ve confused me.. what exactly are we doing? are we doing making a living?? It s possible. BUt know that over 90% of traders actually lose money on the forex market. If you are good at anything you can make a living from it. I really didn t understand. Try rephrasing the question. Say whatt?? This question makes NO sense... Huh??? i think that they can because it is possible yes?