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The main difference between Forex and stock trading is that with Forex, you’re trading currencies, whereas with stocks, you’re buying shares in a company. This means that with Forex, you’re taking advantage of the fluctuating exchange rates of foreign currencies to buy and sell currencies. With stocks, you’re buying a piece of a company that will be worth more or less in the future depending on the company’s performance. Start Making Money Trading Forex So, do you think you have what it takes to earn a living trading Forex? If you’re willing to put in the time and effort, then it is possible to make a good income from Forex trading. However, most new Forex traders lose money at first, so it’s important that you are prepared to make an initial loss as you learn how to trade. Remember, all profitable traders had to start from the beginning, and there is no shame in losing a few trades as you’re learning the ropes. With patience and practice, you can develop the skills needed to make money and eventually achieve financial freedom by Forex trading for living.

This is a difficult question to answer as there’s no guarantee that you’ll make any money from trading Forex. However, with the right approach and a solid trading plan, it is possible to make a decent income from Forex trading, and many Forex traders manage to earn a full time income from trading.

How much you can earn will depend on a number of factors, including your starting capital, the amount of risk you’re willing to take, and your trading strategy.

For example, if you start with a small account and only invest a few dollars per trade, you’re not going to make much money. However, if you start with a larger account and are willing to risk more money per trade, then you could potentially earn thousands of dollars per month.

Here are some things to consider when you’re thinking about how much you could earn from trading Forex:

  • How much initial capital will you invest?
  • How often will you make trades?
  • What is your expected return on your trades?
  • How much are you willing to risk on each trade?
  • Do you plan to withdraw your profits, or to reinvest them?
  • What trading method will you use?

By considering these factors, you can start to get an idea of how much you could make from FX trading.

Trading Forex is not a ‘get rich quick’ scheme. It takes time, patience and skill to learn to make money from Forex trading. However, if you’re willing to put in the work, it can be a great way to earn a living.

It’s important to remember that there is no guarantee you’ll make money from trading, and you could end up losing all of your investment. Always trade with caution and never risk more than you’re comfortable with losing.