Forex market is the most volatile market in the world and has more than 80 billion U.S. dollars traded in the currency pairs every day. In some countries around the world Forex trading as other income is tax free. Currency Forex 100s shift points everyday and taking a slice of this shift from the middle of the trend is often the safest and most reliable way of earning money. Professional traders around the world use this method of trading with the trend to make them rich.
forex market as well as most other market moves in waves and steps in the direction trended. When a currency is moving in the right direction is good practice to try and enter the trade as the creation of a new high or low in this trend. The trend can only make a new high of 10-20 pips before it reverses again, that's why trading 10 pips at a time is a great way to create a stress-free profit from the forex market. Depending on the amount you trade by pip will depend on whether or not can make you rich.
If you imagine yourself setting up shop in one of those 10 pip trades at 10 pips per day, and enter the store just as spurts in the right direction. Travel trade 20 pips in the right direction, so you move your stop loss to break even point. trend continues to slowly pull back for a further 50 pips, that would be a big profit of £ 500. Even if you only managed to get 10 pips every day for £ 10 a pip that is a massive £ 2000 a month tax free. Trade with this method is often seen movements in the region 3-10 pip move. I'll let you do math, but the answer to the title of this article would say that the trading, this method can certainly make you rich