Rating: Full Star Full Star Full Star Full Star Empty Star
WHO trades forex for more than 10 years and keeps making regular profits
Previous 1 .. 19 20 21 22 23 Next
lengkai

Member Since May 24, 2013  67 posts Leng Kai (lengkai) Jul 31 at 13:42
This thread pique my interest, I just checked my own account bio and found that I have been trading for 10 years. I wouldn't say I'm profitable nor successful now. But I'm living quite a comfortable life with forex trading as my side income 『Which sometimes it will exceed my main』

Just try not to be emotional and accept the loss and you will be fine.


Strive to archive more.
wagefx1

Member Since Jun 17, 2020  10 posts WageFX (wagefx1) Jul 31 at 14:21
You should be rich.

Risk well, account swell
Orangotang

Member Since Oct 28, 2015  51 posts Orangotang Aug 01 at 18:45
SNF_Complex posted:

====



trade about 15 years ... with good results only in last 8 years ..


first 7 years with no great result ...


____

99,9% lose or have no result .. or about 0-2% month if take total years.


and only 0,1% can get 5% month or more with small stable DD no more than 8-10%.
I talk about 5-7-10 years of stable trading.

20% of this 0,1% .. about 20% may be smaller have stable profitable robots ...

so in total it about 0,02% ... - of course if someone really have profitable robot he NEVER sell that.


this is reality of market ... very very small percent of people can trade stable in profit many years,
more than 50% of success trading is in psychology ... if you have profitable manual system it not mean than you get profit if you can't control yourself ... main enemy is not market or crowd of bulls or bears ... main enemy, main 'dragon' is inside yourself ... if you can control this dragon - you control the market.

___
Those are very large lots you are trading. wow. You must be wealthy i cant wait to trade such lots in the future on live accounts.

Prayer is the True Power that controls the World.
Orangotang

Member Since Oct 28, 2015  51 posts Orangotang Aug 01 at 18:53
SNF_Complex posted:


still trade from 2000 ..


still in profit !
wow this is encouraging. us we started trading in 2008 and we are still struggling with emotions.

Prayer is the True Power that controls the World.
SNF_Complex

Member Since Jul 22, 2013  216 posts Michael (SNF_Complex) Aug 03 at 03:16
Orangotang posted:
SNF_Complex posted:


still trade from 2000 ..


still in profit !
wow this is encouraging. us we started trading in 2008 and we are still struggling with emotions.


!!!
Attachments:

SNF-Complex system - build in 2007 \ Tested from 1970.
sareen

Member Since Oct 25, 2012  57 posts Curran (sareen) Aug 05 at 02:07
Rblackmuir posted:
Three years tarding and Two years in profit now once i stuck to a system and focused on what pairs or indices i liked and learned, earning nicely from £3000 account that all you need if you are consistent ! every month i bank my profits and start again ! and having a daily target helps to once thats hit i close my laptop down ! and wait til next day ....
Psycology is everything .....!


That is very good and encouraging to hear
£3000 seems like an account size that could potentially generate anything from £150 to £600 monthly (if assuming a 5-20% growth target each month). Obviously that would also depend on your risk appetite as well.
What do you when trades do not go your way? Do you continue to aim for your daily target or is there also a maximum loss that you are willing to accept?
Peace, love and PIPs

When you lose, don't lose the Lesson
Please login to comment.
Loading
Loading
EURUSD 1.18413 GBPUSD 1.30907
USDJPY 106.574 USDCAD 1.32652

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.