Can you become a billionairefrom forex trading?

Answers.com > Wiki Answers > Categories > Business & Finance > Investing and Financial Markets > Currency Trading > Can you become a billionairefrom forex trading?
Answer:
The answer is yes, but not every trade will become rich from trading the Forex. The FX market provides us with the opportunity to use leverage what can increase a trader's return on investment substantially. However, most traders are unable to understand the risks and rewards of using leverage and many end up getting burned.

There are a couple of famous investors who have made billions with the Forex. Including, George Soros, Bill Gates, and Warren Bugget

Personally, I have only met 2-3 Forex traders who have become rich from the Forex market. Nevertheless, you can still become a billionaire if you know hat you are doing and are consistent.
First answer by Forexjaymolina. Last edit by Forexjaymolina. Contributor trust: 0 [recommend contributorrecommended]. Question popularity: 2 [recommend question].

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