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ypetrov123
Is it easy to make 100% monthly profit for any size of account balance?
in
Experienced Traders
Dec 16, 2013 at 07:10
Go for something that makes you 5% a month average for let's say an year. See how "easy" it is and than you will be able to answer to the question that you asked by yourself. The guy that posted before me has made 1700% profit that true, but as of Friday this week he has 84% drawdown so right now he has about 177% profit which he can withdraw if he closes all of his open positions :). Forex trading is not a get rich quick scheme, it's the most competitive market in the world, with a lot of participants, it also is zero-win game (I think it's even negative but "expert...
Is forex gambling?
in
Experienced Traders
Dec 14, 2013 at 11:39
Basically, if you are trading without any kind of a system, it's gambling 100%, if you add any kind of technical or fundamental analysis, or a combination of both, it becomes more like an educated guess although the outcome is still random. You never know which side of the probability of your system will be respected. Difference between gambling and trading is that trading always follows some kind of a logic regardless of whether you get that logic or not. People do not go into a position without a reason. The thing is that you have to go with the majority, and not with the majority of tra...
The Martingale strategy i good?
in
New Traders
Dec 12, 2013 at 21:54
Be careful with martingales, using such a system could cause you a lot of trouble if you are not practicing conservative money management strategy ;) Otherwise, good luck
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