I have been trading PAMMs for the last two year with and avg of 2 to 10% gains a month. . I Havnt had much time to trade myself but finding trading pamms can be quite profitable. They key to finding profitable pamms is knowing your money rules and setting clear rules for when to get in and get out of a pamm.
Supernova18 posted: I have been trading PAMMs for the last two year with and avg of 2 to 10% gains a month. . I Havnt had much time to trade myself but finding trading pamms can be quite profitable. They key to finding profitable pamms is knowing your money rules and setting clear rules for when to get in and get out of a pamm.
So you were not trading but investing into someone else pamm account, right?
First of all, I don't need to present results to anybody because I don't plan to sell or provide any services to others, secondly myfxbook doesn't support JForex from Dukascopy where I have my main accounts, also, along these years I have moved from broker to broker that support MT4 in search of reliable MT4 brokers. For that reason I don't think I have to justify my words or show my bank account to make my point.
togr posted: It is easy to say: after 20 years now I'm constantly profitable
Without sharing any results here on MFB. Anyone can say I am trading xxx years and I am profitable.
I can say I am profitable since 2010, yet my oldest account is not published as broker is gone. Still have 5 years old profitable account [published here] which I still trade
I've looked into your profile and did some math for you. Adding all the profit from all the accounts you have posted during the period of 9 years (since 2010 to 2019) you've made $14571.50 If we divide $14571.50 by 9 years, you made $1619.05 per year If we divide $1619.05 by 12 months, you've been making $134.92 per month
I don't see how come $134.92 per month of profit can keep you alive and make you say that you quit your daytime job to get rich and make trading your full time job. I don't know where you live but that kind of money where I live is good only to buy a few beers and some peanuts.
By the way, I'm not taking into consideration the accounts that blew and lost money and you have deleted from your profile.
I don't know if I'm missing something but can you elaborate on that please?
Gowaletasia posted: I would like to ask if there is a forex trader more than 10 years old and still generate regular profit here ? I'm sorry to ask this because I see the portfolio of several forex winners here on other contests they lose a lot, inconsistent my opinion for long term 100% forex traders must have lost therefore many brokers give a lot of bonuses please let me know if my opinion is wrong 😐
lets face it, big winners never like to talk of their losses. I have not been trading for ten years, but a fair few years which i think is an accurate reflection of what happens. you win some, you lose some. unless you are trading crypto and you get lucky and manage to make a large profit from a high leverage and small lot size trade... and from there continue to make profits from larger lot sizes.. but in short i find it hard to believe that even after ten years you wont always be consistent in making profits because the markets go up and down and the markets themselves are not always predictable or consistent and noone has a crystal ball.
Nasrul_Swing posted: I have been trading for 10 years. What I can share is Forex trading is not an easy money. And, if you read articles told you that Money Management is the key to success, please, take it seriously.
Can you tell what are your points about Money Management? Is it kind of stop loss, risk percentage, etc?
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.
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