I dont believe any trader can make money in long run .Not 5% ,not even 1% .

Hi guys ,
I just get the post from one millionaire on the business forum .
here is the quote :

 'I don't believe anybody makes money TRADING in FOREX. Only banks and brokers, who take traders money. They make all there myths about 'grandma' who made millions trading currencies. If she can do, why can't you, right? haha...and they take all your money. Who takes your orders? your broker. And who executes orders? Banks! Here we go! You can never win this game, all cards on banks table. They see your orders, they know where yours and others stop losses are. All they have to do is to push the button and collect all stop orders. All crowd has the same psychology, everyone read the same books, and they know it very well. Looking at charts you can see how rough and unpredictable is FOREX today. In such conditions impossible to make money. You can win sometimes but at the end you loose all your money. All indicators only FOLLOW price movement they can't predict where it will go. One time indicator shows revers bullish divergence and another time in the similar situation - bearish divergence. All depends where price goes, and we don't know it...banks and big investors might know, because they create this movements. And there is the biggest player on the market - GOVERNMENTS. IF you have an insider there you make money, but it cost a lot and only big players can afford it.
So, if you are just a trader - forget about it.
None of hundred thousand traders here in myfxbook can show me 5 years straight win on their account with trusted broker.
(May be 1 or 2 traders can show few years profitable account but just on Russian brokers that surly they cooked the number ) .
Seriously I will pay $1 millions price if any of you here can show 5 years profitable account . '

Anybody going to comment?

maybe because 5 years ago myfxbook didn't exist...

In the multiverse, our existing is base on the though frequency.
As written in Bible, God said there is light, then the light shine through the darkness.
So belief of mind and though is the step of getting where you want.
Scientific proof : Water can record the mind frequency, and though and words can influence the rise of plant or decay of rice.
Youtube has all the video show you the Water Secret.
https://www.youtube.com/results?search_query=water+crystal+experiment

Why some trader can win ? As he know Trading is Math not Magic. He calculate Risk and manage it.
Trading is a game of probability, just like gambling. You see everyone go in Casino, even though you know most of them lose, but you knew there is some Professional Gambler is making living by gambling only, and they stay low to avoid black list by Casino.

'I believe' is a very strong word for my eyes and ear no need to see proof, I myself will gain the wisdom and wise to deal with obstacle.

'I don't believe' will put your mind emitting negative energy and influence to other for failure.

If you got $1million on your Trading Account, you already have the Sure Win Stepping Stone if you are not greedy.
Trading just become a 'Math' when you have such big Capital. You use Risk Management such as : Leverage & Martingale already guarantee you get few thousand per month without losing.

People loss is because of greed, open Position with big Lot and increase the Risk Reward ratio.

People win is because his capital is big enough to handle the Trend Crisis and able to withstand the draw down till trend come back to his favor and he always use trailing stop to protect the Profit he already made.

Small trader go in with 200 capital is just like going Casino having some fun and testing our luck of probability.
And I already do some basic estimation : 100k is needed to get into the Autopilot Risk Management to have average 2k profit per month.

Winning is just a comparison level of happiness. People has $10 still can be very happy compare to millionaire who has a dozen of worry. Is just a mind of believe tomorrow is a better day and the world will open up to you, soon or later....

Yes, agree most your points.

Just want to know if the brokers or banks need to pay the other side of orders when they push the button and collect all stop orders. If so, why they do that.

I think the brokers and banks don't need to do that because most retail traders can't follow their rules consistently. That is why we lose money in the long run.

check Wallstreet forex robot account statement, they are the best commercial EA in the world. Of course you can make money in forex consistently.. If you can't trading forex and make profit, It doesn't mean that forex can't profitable for traders... It's just about you..😉

greencastle posted:
check Wallstreet forex robot account statement, they are the best commercial EA in the world. Of course you can make money in forex consistently.. If you can't trading forex and make profit, It doesn't mean that forex can't profitable for traders... It's just about you..😉

Hehehe ,
and here is your account on the profile
https://www.myfxbook.com/members/greencastle/trade-for-live/1023130

The guy had $34 deposit in account and lost haft of it in few weeks trading said ' Of course you can make money in forex consistently. ' ???????
No wonder forex market still full of gamblers even the fact it is impossible to make profit in long term .

MY martingale double sided gridder is set on lite mode. It will not make you rich, but it will not blow the account on lite settings. 10% a year is the goal.
Let me know if anyone wants to play with it. I have designed many EAs. all can make money slowly, but none can make you a living or make you rich. Increased profits equals increased risk of loss.
Current chart is started at 10k ( demo). Live forward.

P53

Here is one account that has 4 years and 9 months myfxbook data..

https://www.myfxbook.com/members/konstantinfx/konstantinfx-aggressive-live-one-million/706898

Yes, it has a high drawdown, but this is just to show you that there are old accounts.

Trading small money is not gambling but just for entertainment😄

If you can't do it, why do you think others can't? The millionaire guy obviously does not understand even the fundamentals of the market/economy. He should study more. Its not that hard to be profitable but if you want to be ultra profitable then that is going to take a lot of effort. I am talking about years of study, about 4 years with 18 hours per day should do it.

Anyone interested with good trading can look at my profile. I have failed so many times before i got to this level.

vinabao posted:

greencastle posted:
check Wallstreet forex robot account statement, they are the best commercial EA in the world. Of course you can make money in forex consistently.. If you can't trading forex and make profit, It doesn't mean that forex can't profitable for traders... It's just about you..😉

Hehehe ,
and here is your account on the profile
https://www.myfxbook.com/members/greencastle/trade-for-live/1023130

The guy had $34 deposit in account and lost haft of it in few weeks trading said ' Of course you can make money in forex consistently. ' ???????
No wonder forex market still full of gamblers even the fact it is impossible to make profit in long term .

I'm Sory bro, but I'm not showing all my account, i just show how my strategy work with little deposit...😎

LoveA posted:
Trading small money is not gambling but just for entertainment😄

Absolutely Agree...😄

vinabao posted:

greencastle posted:
check Wallstreet forex robot account statement, they are the best commercial EA in the world. Of course you can make money in forex consistently.. If you can't trading forex and make profit, It doesn't mean that forex can't profitable for traders... It's just about you..😉

Hehehe ,
and here is your account on the profile
https://www.myfxbook.com/members/greencastle/trade-for-live/1023130

The guy had $34 deposit in account and lost haft of it in few weeks trading said ' Of course you can make money in forex consistently. ' ???????
No wonder forex market still full of gamblers even the fact it is impossible to make profit in long term .

I'm sorry bro, but I'm not showing all my account... I just show how my strategy work on even small deposit...😎

for who is making money will think : this is bullshit
for who is NOT making money will think : maybe its right.

this guy just started hating forex just because he lost millions

savantfx posted:
If you can't do it, why do you think others can't? The millionaire guy obviously does not understand even the fundamentals of the market/economy. He should study more. Its not that hard to be profitable but if you want to be ultra profitable then that is going to take a lot of effort. I am talking about years of study, about 4 years with 18 hours per day should do it.

Anyone interested with good trading can look at my profile. I have failed so many times before i got to this level.

Thanks for sharing your beautiful profitable account bro.. Many new trader think that forex can make them rich fast, but when they fail they blame forex and they think forex is bullshit.. but the fact is, forex is an art for professional traders and more than just money machine...

I haven't traded forex for 4 yrs and have only recently come across myfxxbook, but I do think it is certainly possible to make money consistently, most do use too higher risk and fail and then hate on it and trash talk.. I have done this top but I do not blame anything but myself and I am now doing quite well :)

I'll put up a myfxbook account sometime soon ao for any skeptical people, you can look at it and follow it for the next 4-10 yrs :)

Good day to everyone

I have an active one and half year old manually traded account here with 600+ trades and despite several ups and downs I am still surviving. The account is positive by around 21%.

All indicators only FOLLOW price movement they can't predict where it will go. just agree this one ONLY！😄