Can I make a living with Forex trading?

Yes, it is possible to make a living with Forex trading. However, most who try to do this do not succeed. Forex trading is not easy and it is not something that you learn how to do effectively overnight. Considerable practice is required to master it and a considerable bankroll is needed to make enough profit to enjoy a comfortable life. What constitutes a comfortable life in your particular region may vary, however. If you live in a region with a low cost of living or are willing to move to one, it will reduce the income you will need to earn.Forex trading is not generally used to generate passive income. Forex traders are generally active, especially those without a large bankroll to support the type of large carry trades that could provide a passive income.