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Very tough business.
會員從Sep 17, 2019開始
8帖子
會員從Aug 16, 2011開始
110帖子
Nov 20, 2019 at 12:08
會員從Aug 16, 2011開始
110帖子
They say that trading currencies is of one of the hardest and most stressful professions!
I tried for a while and then packed it in and moved to trading spot gold, whilst it is still unpredictable, it is not as volatile as forex.
I think with forex the main people who are making money are the brokers and the top 1-2% of traders.
Still, look on the positive side, there are a heck of a lot of worse hobbies to have out there! When trading you are keeping up with economic announcements and learning about fundamentals whilst testing technicals. Plus there are other ways to make money from forex, not just from your trading account, you can get subscribers, you can do youtube channel for revenue from ads, you can get rebates to improve profitability, you can trade with other peoples money with a range of prop trading outfits out there, the list goes on...
forex_trader_753800
會員從Jul 16, 2019開始
9帖子
Nov 20, 2019 at 15:05
會員從Jul 16, 2019開始
9帖子
forex trading is of course not easy to learn, but look at my account from 25 dollar up to currently 400 dollar and my goal is still big i want to trade the account up to 25k. That way i think i can show people that it is possible to make money with trading but i dont say its easy. mostly people which lose in forex, do lose because they dont know what they do and at same time they do it with to much volume.
會員從Jan 05, 2016開始
1189帖子
Nov 21, 2019 at 06:06
會員從Jan 05, 2016開始
1189帖子
lazilybento posted:
But do people really make it. How many people have you really met who are genuinely rich Forex traders who started as a normal guy and worked his way up. I have not met any
Forex is profitable if you trade properly.
The difference between someone who is profitable and someone who blows their account is the proper use of risk management.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Dec 05, 2019 at 07:40
會員從Sep 29, 2016開始
52帖子
Forexquanten posted:Very nicely done but the 25 dollar to 25k. You obviously trading to make money, you wouldnt host 3 places..why not mql5 btw?
forex trading is of course not easy to learn, but look at my account from 25 dollar up to currently 400 dollar and my goal is still big i want to trade the account up to 25k. That way i think i can show people that it is possible to make money with trading but i dont say its easy. mostly people which lose in forex, do lose because they dont know what they do and at same time they do it with to much volume.
On the same note, i would imagine you are trading other accounts? As we all know its not easy so why just do a 25 dollar account.....not much more money to profit larger? could it be that you run 25 dollar on many accounts and this one worked so now you are making it a signal?
Currently his signal is gridding gbpusd short
maybe its just me...
I am one of the 5-10% left in the world. Good people who love money for self and to help others. but NOT a sellout to money.
Dec 07, 2019 at 09:52
會員從Oct 08, 2019開始
25帖子
Professional4X posted:Couldn’t agree more. Managing risk is only that demarcation that takes you to losses or profits. Traders missing this part of trading hamper their success.
Forex is profitable if you trade properly.
The difference between someone who is profitable and someone who blows their account is the proper use of risk management.
會員從Sep 25, 2019開始
10帖子
Jan 03, 2020 at 13:43
會員從Apr 18, 2017開始
920帖子
TheGreatRecycler posted:
knowledge of what? There is so much information our there and so much of it is junk. One could spend years reading junk and make no progress
Technical & fundamental knowledge is mandatory here! Besides, traders need to follow the rules of money management so carefully.
Jan 09, 2020 at 02:58
會員從Aug 11, 2017開始
886帖子
Forex market place is a part of ocean where there is anyone who can survive in a proper way without most powerful analyzing trade knowledge; if you are a newcomer please go to online freeSchool which is very supportive for the newcomers to acquire all fundamental knowledge. And trade a demo account at any broker, learning and practicing is a great combination and this can will help you must be if you try it.
Jan 10, 2020 at 08:03
會員從Feb 22, 2011開始
4862帖子
45656 posted:There is no easy way.
Forex trading is really very tough business in the world for the Forex traders. But in spite of being so tough for earning money unlimited people do interested in this business. If you want to do trading in Forex you have to enough skilled at all. The traders who are very skilled and experienced can achieve his trading success early and easily. Without good trading skill you can only loss.
Everything that allows you to leave your daily job and provide income is hard to reach.
Jan 10, 2020 at 18:37
會員從Aug 09, 2017開始
785帖子
We the traders should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.
會員從Jan 05, 2016開始
1189帖子
Jan 11, 2020 at 01:06
會員從Jan 05, 2016開始
1189帖子
Imamul posted:
We the traders should choose the brokers in cool mind, we have to choose the broker which is more appropriate to the concept of trading of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.
Select a broker with strong regulations, good history of treating their clients fairly, and a guarantee of client asset protections.
Use realistic risk management and learn to trade properly.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Jan 14, 2020 at 21:59
會員從Jan 05, 2020開始
35帖子
The key to profitable investing, is to make profitable trades.
I know it seems over simplistic, but there are only 3 possible options available.
The markets either (1)move up, (2)no movement, or (3)move down.
(1)Market movement is bullish? Buy
(2)Market does not move? Do nothing
(3)Market movement is bearish? Sell
If you make a trade and the market moves in that direction, you've made a profitable trade.
If it's not a profitable trade close it, then wait for the next entry point of highest probability.
I know it seems over simplistic, but there are only 3 possible options available.
The markets either (1)move up, (2)no movement, or (3)move down.
(1)Market movement is bullish? Buy
(2)Market does not move? Do nothing
(3)Market movement is bearish? Sell
If you make a trade and the market moves in that direction, you've made a profitable trade.
If it's not a profitable trade close it, then wait for the next entry point of highest probability.
If you want to be profitable, make profitable trades.
會員從Jun 28, 2019開始
11帖子
forex_trader_795593
會員從Oct 09, 2019開始
32帖子
Jan 23, 2020 at 05:41
會員從Oct 09, 2019開始
32帖子
Jalath posted:Yes, for the people who cannot handle the patience and discipline, forex is out of their league. If it is something that you are passionate about, then you are going to spend most of the time preparing and gaining knowledge.
For a lot of people it's really much better to go to some job instead of learning all that ropes around it and we may need to see what is really happening here anyway. I do not clearly see this but I do love what it is and that's really it.
But I have seen some people who quit their decent job with decent life for forex trading, so anything can happen.
Jan 24, 2020 at 07:41
會員從Oct 19, 2019開始
21帖子
TeamNotreDame posted:That’s right and in addition to timely entry/exit, I think keeping control on one’s emotions is another tough job to handle in forex. Mostly traders fail here.
Easier said than done. I wish it were that simple but the fact is the timing of entry and exit along with direction make trading very difficult
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