Can you become a millionaire by trading Forex?

I am 17 years old and my brother set me up a Forex (Foreign Exchange) account to try and make money by trading money currencies. He turned $200 into $700 in 3 days. I want to know if it is possible to turn $200 into $1 million, and how long it would take if your really good at making money at it? Please give a reasonable answer to earn 5 star best answer.

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This entry was posted on Sunday, January 24th, 2010 at 11:46 am and is filed under forex trading tools. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

4 Responses to “Can you become a millionaire by trading Forex?”

Big January 24th, 2010 at 11:51 am

Perhaps if you are good in trading. Its very hard to determine which will double or which will not. The bigger at stake, the bigger the risk

Terry G January 24th, 2010 at 12:07 pm

YOU CAN BECOME A MILLIONAIRE AT ANYTHING ,

BUT NOBODY CAN GIVE IT YOU ,

ONLY YOU CAN DO IT , BY YEARS OF TRIAL AND ERROR AND IMPROVISATION AND DETERMINATION AND DEDICATION ,

THOUGH YOU WILL HAVE A BETTER CHANCE BY TRADING ON BETDAQ OR BETFAIR BY BUYING AND SELLINGG HORSES OR BUYING AND SELLING FOOTBALL PLAYERS

Robert M January 24th, 2010 at 12:27 pm

No, the odds are not in your favor.

The Knowledge January 24th, 2010 at 12:37 pm

Forex is just like trading the Stock Market. The skies the limit but be prepared to lose everything you invest.

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