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How to earn more? Real advice from experienced traders.
Member Since Mar 31, 2021
229 posts
Sep 27, 2023 at 15:14
Member Since Mar 31, 2021
229 posts
WhiteWitcher posted:Well I do not interest to be honest. But I came across similar advertisements.
Oh Lord. What kind of brokers are these? It is unlikely that they are regulated by any regulation with such conditions.
Think thrice before opening an order
Member Since Sep 04, 2023
3 posts
Oct 02, 2023 at 14:59
Member Since Sep 04, 2023
3 posts
Rococo_XVII posted:Si tu vas sur Vantage FX avec un pool de trading cela est possible et Vantage a des réglementations ...WhiteWitcher posted:Well I do not interest to be honest. But I came across similar advertisements.
Oh Lord. What kind of brokers are these? It is unlikely that they are regulated by any regulation with such conditions.
Member Since Mar 31, 2021
229 posts
Member Since Aug 19, 2021
244 posts
Member Since Apr 14, 2022
44 posts
Nov 08, 2023 at 11:07
Member Since Feb 12, 2016
108 posts
Rococo_XVII posted:Trading is about either spotting market inefficiencies (arbitrage, pump and dumps, trading on news => stealing the bread of slow traders, spotting technical patterns that work on amateur markets like crypto) or predicting the future development of events which are related to asset's supply or demand. The second is hard in my view and most will fail at that because you simply can't account for unforeseen events. The first one requires lots of expertise, knowledge of industry, technical expertise like coding etc.
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?
Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.
I would like to hear real advice from real traders. Or to hear those who are in the same position as me.
That is why I create this thread. Welcome.
Member Since Aug 19, 2021
244 posts
Nov 30, 2023 at 07:04
Member Since Aug 06, 2022
9 posts
In my over 10 years of forex trading experience, I've encountered multiple setbacks, shifting from one trading system to another—from single entry to swing trading, martingale, and more. Eventually, I've come to agree with the widely available sentiment online: successful FX trading largely relies on effective money management.
While there are moments of significant wins and losses, the right money management approach allows for longevity in this field. There exists a variety of money management techniques; the key is to adopt one that suits your trading system.
Returning to the core point, building a solid capital base is essential for higher earnings. Once you've mastered appropriate money management strategies, considering entry into a prop trading firm can potentially amplify your profits.
While there are moments of significant wins and losses, the right money management approach allows for longevity in this field. There exists a variety of money management techniques; the key is to adopt one that suits your trading system.
Returning to the core point, building a solid capital base is essential for higher earnings. Once you've mastered appropriate money management strategies, considering entry into a prop trading firm can potentially amplify your profits.
Member Since Jun 03, 2022
1 posts
Member Since Aug 19, 2021
244 posts
Dec 04, 2023 at 12:10
Member Since Aug 19, 2021
244 posts
Oh That`s exactly the truth. Great @Mat_Swing
Member Since Mar 31, 2021
229 posts
Feb 26 at 18:22
Member Since Feb 12, 2016
108 posts
Rococo_XVII posted:To earn more in forex trading, focus on mastering a few high-probability trading strategies rather than spreading yourself too thin. Additionally, prioritize risk management to protect your capital and avoid emotional decision-making. Continuously educate yourself, stay disciplined, and adapt to changing market conditions to increase your chances of long-term success.
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?
Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.
I would like to hear real advice from real traders. Or to hear those who are in the same position as me.
That is why I create this thread. Welcome.
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