Of course, it's possible and actually there are many people who trade forex for a living. You have a lot training and practicing to do but it's part of the deal; read forums, educational sites, broker reviews, etc.

These are very good forex trading tips for beginners, here are some more which I think will complement your writing.Great tips nevertheless.

As mentioned above, it's hard to say witch forex trading platform is the most reliable one because each platform has its own pros and cons. It also depends on the country, for example, you can find popular forex platforms in Indonesia here as it lists some of the best.

Para ser honesto, hay muchos tipos de brokers y conocer la diferencia entre las cuentas es muy importante para encontrar el mejor corredor de forex.
broker de forex

Here are commonly used systems which are used by many forex traders to make educated decision.

Brokers make money mainly from the spread and so people tend to search for brokers who offer lowest commission. There's no need to pay more if you understand CFDs and how they are priced and charges from which your broker makes money.

Many forex brokers for beginners and nowadays it's so easy to find one if you have internet access. I found my account here as there are best brokers for beginners and pros; very good tool to find a broker.

In South Korea, people use forex broker comparison app - https://www.independentinvestor.com/forex/brokers/south-korea/ as it helps traders to find good brokers very easily.
Here are a few extracts from there:
Examining the available spreads
Typically, forex brokers offer either fixed or adjustable spreads. Floating spreads are regarded as advantageous due to their tendency to be lower. However, when the forex market's liquidity is low, the broker may boost the spread more frequently. As a result, fixed spreads make more sense for many people. Brokers will ensure that the fixed spread will not grow regardless of market conditions.
The trading platform's dependability
Reliability is a critical factor to consider when hiring a forex broker. You must guarantee that the platform runs without glitches on your machine. Opening a demo account, if available for free, to evaluate the effectiveness of the platforms available will assist you in making a more informed decision.?

Checking to see if a financial institution is regulated
You should verify that the forex broker you have chosen is properly regulated financially - https://www.independentinvestor.com/forex/brokers/philippines/. This will assist you in regaining your peace of mind even throughout a financial crisis. This will secure the security of your deposit. Checking to see if the broker is licensed will resolve your issue to a large extent. Additionally, you might seek guidance from individuals who have worked in the same field for an extended period of time in Philippines.

Your forex broker selection in India will have a significant impact on your trading success in the currency market. Forex trading's popularity as a method of producing investment income boosted the number of forex brokers vying for business. The forex market's abundance of brokers makes selecting incredibly tough. Each broker's trading features will be unique, which will have a positive effect on the ordinary man's decision as here https://www.independentinvestor.com/forex/brokers/india/.
You must verify that the forex Broker is present for all of your currency trading activities. You must have a positive relationship with your broker on a daily basis in order to receive the necessary support if something goes wrong. While conducting online forex trading, you may also seek the assistance of a broker. Certain considerations should be made in order to choose the finest forex broker for you.

CFD Trading FAQ:
Who trades CFDs?
Why trade Contracts For Difference?
What are the benefits?
Can I make money?
What is leverage in CFDs?
Can I become a CFD trader?
Best CFD tips?

Common question about forex:
How do I start trading forex?
Is forex profitable?
Who trades fx?
What is the best place to learn forex trading?
Should I start trading?
What is foreign exchange?

The foreign exchange market is rife with divergent views on how to examine the market and forecast future movements. Technical analysis is, of course, one of the most prevalent types of analysis. This kind of market analysis examines recent trends utilizing Forex charts and technical indicators, and is predicated on the premise that "the trend is your friend."
If the Forex charts are trending in a particular direction, technical analysts will forecast that the trend will continue. Whether or not you believe in technical analysis, you must grasp Forex charts if you wish to earn a living trading Forex.
This is when things become difficult. If you trade Forex online, you are almost certainly utilizing a trading platform. Then you must ensure that you are up to date on current events and news. Add to that the requirement for many charts, and you've got way too many windows open at the same time, all diverting your attention away from the trading platform.
Therefore, how does a Forex trader manage to juggle all of this? The answer is that traders must locate Forex brokers that offer a trading platform that includes charts, like here - https://www.independentinvestor.com/forex/brokers/. While some provide news and events, Forex charts are an absolute necessity and should be one of the first features traders look for when evaluating Forex firms.
It is not difficult to discover Forex brokers that offer a trading platform with built-in Forex charts in today's Forex sector. Once you've identified a broker, conduct some research, read some Forex broker reviews, and, provided there are no red flags, begin trading.

Follow these simple tips to avaid the mistake some forex traders make.
Never underestimate the value of knowledge and practice.

As forex Traders we are always trying to get an edge in our pursuit of increased profitability. We study the charts and look for those
setups that get us really excited. We have our risk management in place,
proper position sizing and we have a target, that if met, will generate
a nice risk/reward ratio that over time will make a generous amount of
pips. We‘re well on our way to a profitable career as a Currency Trader.

That's why it's important to only trade with regulated and reputable brokers. It's never late to switch and find the best trading broker.

Investors and traders of all backrounds have to start with learning the basics of financial markets.
When it comes to choose a broker, it's important to understand different trading instruments and how they operate. For brokers:
1. https://www.independentinvestor.com/forex/brokers/  - best regulated forex brokers
2. https://www.independentinvestor.com/cfd/brokers/ - find the reputable CFD brokers
3. https://www.independentinvestor.com/spread-betting/brokers/ - for those in the UK, looking to profit from financial spread betting
It's never too late to compare and review top trading brokers.

Has anybody ever faced with trading crypto or currency? Maybe you have some tips for me. I want make money online

Trading crypto or currency (forex) is not as easy as some make it sound.
You can see your trading choices here but you need to invest some time into learning first.

You're absolutely right, economy place a vital role and it's important to understand it before you start trading. Financial markets react differently to different news, read more on independentinvestor.com.

So far, Covid-19 infections are increasing to varying degrees in Asia, America, and Europe, with the epicenter shifting from developed
countries to emerging markets. Surging cases have raised fears of
another downturn in the world economy and put pressure on central banks
and governments. Economists from Wall Street believed another recession
will rage the US, Eurozone, and Japan, both this quarter and next.
Global economic growth in 2021 could be far below expectations if mass
vaccinations won't be available soon.
As the US election winds down, challenges remain ahead of China-US trade. While Trump likes to use
tariffs as a weapon in trade wars, Biden believes that tariff wars are
not a good method and may use trade dispute resolution mechanisms,
collective bargaining, and domestic tax policies to support American
companies, said Imogen Page-Jarrett, a research analyst at the Economist
Intelligence Unit. With this in mind, the bilateral relations are bound
to deteriorate over time as the trade war will continue in various
forms.

More information for retail forex traders:
Learn to trade forex - https://www.independentinvestor.com/forex/forex-for-beginners/
Compare best forex brokers - https://www.independentinvestor.com/forex/brokers/
Before you dive into forex trading it's important you learn to trade first.

More information for retail forex traders:
Learn to trade forex - https://www.independentinvestor.com/forex/forex-for-beginners/
Compare best forex brokers - https://www.independentinvestor.com/forex/brokers/
Before you dive into forex trading it's important you learn to trade first.

The contract for differences (CFD) offers investors and traders an
opportunity to profit from price movement without owning the underlying
asset. It's quite straight that people earn the profit generated from
the differences between the enter position and the exit position. The
contract is similar to the betting between you and your friends at the
football match. You don't have to own the football team before the bet.
And brokers provide services including finding the counterparties with
opposite expectations, computing profit or loss and making the delivery.
Normally investors always initiate withdrawals for securing their
profit. The investors have the right to withdrawal at any time and in
any amount they like. However, the brokers only make the settlement only
in a fixed time term base on the outcome of the CFDs.

Here are a few more interesting CFD trading resources:
1. https://www.independentinvestor.com/cfd/cfd-trading-for-beginners/ - for CFD beginners
2. https://www.independentinvestor.com/cfd/successful-cfd-trader/ - learn to be a successful CFD trader
3. https://www.independentinvestor.com/cfd/brokers/ - best CFD brokers and providers
Overall, it takes time and patient to become successful.