{"id":163121,"date":"2020-01-10T15:34:13","date_gmt":"2020-01-10T20:34:13","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163121"},"modified":"2020-01-10T09:35:05","modified_gmt":"2020-01-10T14:35:05","slug":"is-forex-trading-worth-investing-in","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/is-forex-trading-worth-investing-in\/","title":{"rendered":"Is Forex Trading Worth Investing In?"},"content":{"rendered":"
January 10, 2020<\/div>
\r\n<\/div><\/div>

By <\/strong>Orbex<\/strong><\/a><\/p>\n

This is a trick question because it depends on who you ask.<\/p>\n

To someone who has a good strategy and risk management scheme, Forex trading is definitely worth it. They do it consistently, and in many cases, live off of it.<\/p>\n

If you ask someone who has tried to get rich quick through Forex trading and migrated from broker to broker because each of them is playing some kind of scam, they\u2019ll probably say it\u2019s not worth it.<\/p>\n

The fact of the matter is, banks, hedge funds, and even multinational corporations engage in some form of Forex trading. And they wouldn\u2019t be doing it, if it wasn\u2019t worth it.<\/p>\n

What If I\u2019m Not a Multinational Corporation?<\/strong><\/h2>\n

The real question for the (potential) retail FX trader is whether Forex trading is worth it for them<\/em>. And that\u2019s a bit like asking whether being a lawyer or a plumber is worth it.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

If you can learn how to do it, and it\u2019s something you enjoy, then Forex, like any other form of making money, is definitely worth it.<\/p>\n

You might see warnings on reputable FX broker sites that show high percentages of people losing money. That\u2019s usually because people get into Forex trading without doing their homework, and spending enough time on a demo account to get enough experience.<\/p>\n

The fact you are reading this shows you are doing at least some research, so you\u2019re on the right track.<\/p>\n

The key is to think of Forex trading as a consistent, long-term investment activity,<\/a> and not as a one-off, get-rich-quick scheme. The latter is where all the people who think Forex isn\u2019t worth it come from.<\/p>\n

How Much Can I Make?<\/strong><\/h2>\n

In order to evaluate whether something is worth the effort, you have to have a realistic grasp of what the gain is.<\/p>\n

How much gain you get depends on several personal factors, such as the FX strategy used, the type of trading, how often you trade, what kind of trade psychology<\/a> you have, your discipline and your ability to manage risk\u2026 among others.<\/p>\n

See? Forex isn\u2019t something you can just jump into.<\/p>\n

That being said, it is possible to make relatively large returns on your investment (compared to, for example, a standard safe investment such as indexed mutual funds). However, the higher the return, the less likely it is that you will be able to achieve it.<\/p>\n

What to Expect<\/strong><\/h2>\n

For reference, the median return on investment (that is, half of FX traders make more than this, half make less than this) is around 10% per month.<\/p>\n

That means that if you have $15,000 in your account, as a median successful you\u2019d make around $1,500 per month. Of course, that\u2019s just a rough estimate, and how much you could make depends on your decisions. And almost all of those Forex traders took at least a couple of years to get enough experience to get to that level.<\/p>\n

Like all things, Forex requires practice to get good at it; and can be very rewarding for those who like it.<\/p>\n

By <\/strong>Orbex<\/strong><\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Orbex This is a trick question because it depends on who you ask. To someone who has a good strategy and risk management scheme, Forex trading is definitely worth it. They do it consistently, and in many cases, live off of it. If you ask someone who has tried to get rich quick through […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-163121","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=163121"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163121\/revisions"}],"predecessor-version":[{"id":163122,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163121\/revisions\/163122"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=163121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=163121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=163121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}