So do you have to be rich to make money in the forex markets
? Not necessarily. Rich people can fall into emotional trading too, especially if they acquired their wealth without having to learn good money management and emotional control. On the other hand, people on a modest income can make money. However, you will at least need to have some disposable capital and be cautious in calculating your position size. And never forget that the forex trading secret of successful traders always take account of the emotional factor.