The short answer is that you can earn money with Forex. However, I will echo the words of many because it takes discipline, study and perseverance. I have been a professional Forex trader since 1988 (yes I have the silly jacket, badge and access). I was going to go on a rant here, but honestly I don’t have the time.

Maybe this will help…I jumped in a Forex trade this morning at 9:00 am and have already pulled $3,380.00 profit USD out of the currency markets. That puts me up to $11,190.00 USD profit for the week (mon, tues and today). I love chaos (bankruptcies, fed takeovers, etc.) because it creates volatility and volatility is what makes forex traders money.

I trade a very simple proprietary system that is based on 1 indicator and price action…and no I won’t share it. Nothing personal but it took me 3 years of in the trenches trading to develop and most newbies wouldn’t understand it anyway. For me (and most “real” Forex traders would agree) trading is a state of mind. It is when you break through the technical crap and become an intuitive trader (you “feel” the market) that is when you become successful.

Now, how is a Forex trade profitable? Well, after a major reversal in prices, currencies or for the correction of the levels of resistance to the Fibonacci retracement points. So if you know your legal issues, there is a big chance that you will have to win through it.

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