investment is very dedicated issue in Forex trading , traders should invest in there with good calculation , otherwise it could be a worst part of trading.
The problem with trading is that there is no formalized training for it, and most traders are either self taught somehow or coached by a company with a trading desk. Companies strictly select candidates and get rid of slow ones pretty quick, so you have to have a knack for trading to survive there. Someone at another forum made an interesting remark. As an example, doctors spend between $250k and $500k on their education, and it also takes many years. If you could spend this amount of money and time on trading you would probably do very, very well. Never mind your personality, upbringing, abuse in childhood or fear of rejection, you would become a consistently profitable trader. It's no different from a sport: hire a personal coach and spend six hour training - in five years you will be a serious level athlete. There is no shortage of trading educators, but for me the most important question always is: why would you teach trading if you can do it yourself? Sure, some want to help struggling fellow traders, and I have great respect for people like Tom Hougaard, for example. Some Youtubers charge a small fee for live streams of live trading. The reality is though, that trading is hard and unpredictable, and selling courses allows for more consistent income. How good the quality of those is is the question.
As forex trading is risky and a long term business it demands the investment of time to study and understand forex more than the investment of money.
but when you have exact trading plan including good risk management then you could bring a good result by Fx trading.
Good risk management with proper money management can bring more profits and building up a professional trader who is actually capable of managing money in fact during trading.
Money management and risk management are two different things. Money management allows you to use your funds sustainably. Whereas risk management allows you to reduce the risk that is involved in trading forex.
when you have good money management , with very short investment you can bring a good amount of profit.
To make a profit, you also need to have a profitable trading strategy built on the methods of technical and fundamental analysis. Only in this case will you have a chance to earn on Forex.