Is it possible to actually earn automated forex income?

Posted on 04. Mar, 2011 by in Home Income System Questions

Question by Maddison Williams: Is it possible to actually earn automated forex income?
I have been trading stocks for a few years as a sideline. Now I’m thinking of going into forex as I’m going to lose my job and I am interested to know if I can earn automated forex income. I am willing to work very hard and learn.

Best answer:

Answer by Ronny Yew
Forex is just like any other business. If you are willing to work at it there’s no reason why you can’t earn an income from it.

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4 Responses to “Is it possible to actually earn automated forex income?”

  1. Julia S

    04. Mar, 2011

    It is always possible to earn money from forex. Many people including myself do that. I have friends who used to work with me in the bank and they are doing pretty well with forex and they have left their banking jobs as banking jobs are no longer lucrative with a lot of salary cuts.

    If you are willing to learn and work for it, I don’t see why you can’t live on forex trading. In fact, with the present forex robots, the learning curve is much shorter and you can earn automated forex income if you get a good forex robot software.

    For me, I had the first breakthrough in my trading with Forex Killer and since then I have found Forex AutoMoney to be very useful. I have made some money from it. The membership is quite useful as it offers a lot for a newcomer. Don’t trade with your own money first.

    However, keep in mind that automated forex systems have risks too. So do paper trade first and after that go on to small trades to get confidence and a feel of the software . Always manage your risk and you’ll be OK.

  2. Dave Graham

    04. Mar, 2011

    For automated forex income you need a good forex robot. The best in the market that i have tested is Ivybot which was recently launched.

    The backup of Ivybot is good and it is constantly updated. That is an important factor in choosing forex bots.

  3. MySearch

    04. Mar, 2011

    Forex Bling is one you should try as it is developed by a guy who has been successfully trading forex and he has carried out a lot of training seminars around the world for forex traders. He understands traders and the problems of traders.

  4. sevenangels

    04. Mar, 2011

    Well you can’t earn automated forex income but you can start practising and learning in order to improve and start earning a bit.

    If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.

    Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours.

    To open your account please visit http://www.marketiva.com/index.ncre?gid=3371

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