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Truville · 27-12-2004, 17:45

While I agree with onlineidiot’s sentiment, I disagree on the reason. Yes, it is possible to make money in forex, but because of the volume? Unlikely. Think about it for a second. If forex was a cattle auction instead of a currency market, would you make “consistent profits” just because there were 2000 participants instead of 10? Isn’t the determining factor in both groups simply : skill in trading?

But to answer the thread question, yes people do make profits. I do. I know that MickMason does (and probably more than I do), and a few others on here do as well. It takes more than a few months, and more than 70 pips down, to learn.

27-12-2004, 17:45	#5
Truville Bye everyone! Join Date: Jul 2003 Posts: 416 Downloads: 0 Uploads: 0 Rep Power: 0	While I agree with onlineidiot’s sentiment, I disagree on the reason. Yes, it is possible to make money in forex, but because of the volume? Unlikely. Think about it for a second. If forex was a cattle auction instead of a currency market, would you make “consistent profits” just because there were 2000 participants instead of 10? Isn’t the determining factor in both groups simply : skill in trading? But to answer the thread question, yes people do make profits. I do. I know that MickMason does (and probably more than I do), and a few others on here do as well. It takes more than a few months, and more than 70 pips down, to learn.