Many traders wonder if the desire is truly possible to make a living solely from forex trading.
If you've ever searched the internet for an answer you will find two very different opinions:
1) a huge crowd "haters" who say that it is impossible
2) Second, "less crowded" who say that.
So who do you trust? Haters or optimistic?
None of them!
Why do you ask?
Since you ask wrong question!
the question you should be asking is this:
"Can I achieve according to the amount of pips from day to day, week after week ?"
that my friend is the real question you should ask. Because they live with Forex is a very real, very real and very lucrative ... providing you put the time, of course.
However, the key here has nothing to do with "Is it possible or not." Key trading game is if you can make a consistent amount of pips per day. And let me tell you, if you consistently do that, then you can consistently make a (very lucrative) day forex trading.
My advice to you is to focus on everything in line. Do not focus on money or returns. Focus on how many pips per day you can make in accordance with your trading system / method.
And my final piece of advice, do not need huge amounts of pips a day become wealthy trading Forex with as little tight under 20 pips a day you can achieve your goals in life, whatever may be. Just remember to believe in yourself.