How Long Does It Take To Start Making Money With Forex

[Vigorish]

Most newcomers are worried about the profits. Those, who have spent some time in the market, would know that there is no predefined way of doing so. The gains are based on the effort you put into the market and not just your aspirations. The beginnings are often full of losses and it is best not to expect much until you are ready for the challenges.

 

[Numiinous]

There is nothing like a merit in forex trading that once reached will get you results. You have to constantly work on improving your skills and update your knowledge so that you know what is happening in the market and how you can take advantage of that particular move to make money.

 

[Polyglot]

To be honest, there is no set time in the currency market that ensures gains. Profitability is entirely based on the trader's consistency, experience, and hard work, as well as his awareness of the market.

 

[ShyCube]

You can’t really put a timeline to learning or earning in the Fx market. It’s all about how you figure out the process and manage to minimise risk to pull consistent profit. It takes time to get familiar with the market sentiment. Many traders rush the process and end up with fully blown accounts without truly understanding how they got to that stage. I suggest you keep an open mind and take it one step at a time. Good luck.

 

[Sombole]

Nearly every newbie is worried about making losses and that’s why most of them fail in the long run. Where so much is to be learnt about forex trading, new traders must ask the right questions so that they don’t take any wrong steps.

 

[Honkie]

I think one should enjoy the learning process instead of rushing to go live in the forex market. Experts recommend at least 6 months of demo trading for a beginner and you may need to do it for a longer duration until you become confident to risk real money in trading.

 

[BinarySumo]

All comes down to your skills and market understanding. Some are quick, while others take their time. But I’d say focus more on learning when in your initial trading days.