after many years profitabel, but no money

Mar 15, 2016 at 08:14
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11 Replies
Member Since Jan 30, 2011   19 posts
Mar 15, 2016 at 08:14
hello, sorry for my bad english. im from germany.
after many years of loss im trading profitabel, the problem is, i have no money for livetrading.
what can i do?

thanks for your answers and best wishes from bavarian.
martin.perzul@
Member Since Jan 28, 2016   14 posts
Mar 18, 2016 at 22:21
Hello, earn more money and invest, that you say you can already trade profitable
Member Since Jan 05, 2016   1189 posts
Mar 18, 2016 at 23:56
Marty270472 posted:
hello, sorry for my bad english. im from germany.
after many years of loss im trading profitabel, the problem is, i have no money for livetrading.
what can i do?

thanks for your answers and best wishes from bavarian.

Open a small account and allow it to build up over time.
Even a very small account can grow quite large if you have patience and discipline.
Best wishes with your trading.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Member Since Jan 14, 2014   386 posts
Mar 19, 2016 at 02:46 (edited Mar 19, 2016 at 02:47)
Marty270472 posted:
hello, sorry for my bad english. im from germany.
after many years of loss im trading profitabel, the problem is, i have no money for livetrading.
what can i do?

thanks for your answers and best wishes from bavarian.

Show me your profitable demo account, if it's OK I'll tell you what should you do to earn money.
Member Since Feb 22, 2015   1 posts
Mar 19, 2016 at 14:16
Read Jack D. Schwager's Market Wizards.
unlimitless
forex_trader_313447
Member Since Mar 18, 2016   6 posts
Mar 20, 2016 at 07:16
Amazing of what you can find if you're not even looking:

'In ProTradersGroup feed Sep 05 2015 at 04:34
Dear fellow Traders, We are pleased to announce that, we have enough 100k investment and for now on we just accept minimum 1M invest account...'

It's also astonishing to see how bad your English has become, comparing to your other contributions, maybe you should switch to Vietnamese again:

'PTG (ProTradersGroup) Mar 16 at 03:58 (edited Mar 16 at 04:00 )
ProTradersGroup posted:

https://www.myfxbook.com/members/Anonymous_TD/anonymous-trader/1537143

Đây là một talent Trader VN!?

Có lẽ đây không chỉ là talent trader của VN mà trader này mang đẳng cấp quốc tế.

Trong lĩnh vực toán học có giáo sư Ngô Bảo Châu.
Trong lĩnh vực game có Nguyễn Hà Đông.
Chắc trong lĩnh vực trading FX này có Anonymous Trader.




Member Since Jan 14, 2014   386 posts
Mar 26, 2016 at 04:30
unlimitless posted:

It's also astonishing to see how bad your English has become



Yes, thank you for your score my English, it's not my mother language. We are here trading FX, not learning to master English only.
unlimitless
forex_trader_313447
Member Since Mar 18, 2016   6 posts
Mar 26, 2016 at 20:55
Sorry PTG, I confused you with marty...
Member Since Jan 14, 2014   386 posts
Mar 27, 2016 at 02:09
unlimitless posted:
Sorry PTG, I confused you with marty...

Never mind. Make sure you don't confuse to click 'BUY' instead of 'SELL' when you want to open a short position 😉
Member Since Apr 01, 2016   45 posts
May 13, 2016 at 00:44
Only one question, mate.

How can you know that you trade 'profitably' if you have no money for trading? Especially, if you lose money before you even can get profitability?
Do your best
Member Since Dec 11, 2015   1487 posts
May 14, 2016 at 10:44
Well, you can either give up on the idea of trading altogether or move on, or go back to the demo account and continue practising until you are consistently successful there, then open a small live account and work to expand it.
Member Since May 16, 2014   14 posts
May 15, 2016 at 13:36
Hello Marty,
I have some solutions for you if you can't borrow money:

1. Practice with demo account until it has a consistent profits over 6 months. You need to treat it as a real account, as seriously business.

2. Perhaps, you must trading in a fixed duration like London-NewYork markets time. The remaining times, go get another daily job to earn money, saving it. When it reach over $1000 put it to your trading account. Saving and trading, again and again. Growth your account bigger.

3. Working the outside jobs until reach your goals.
Example:
Your monthly expenses is over $3000.
Your monthly trading gain: 5%
That mean your trading gain 5% must higher than $3000.
The gain acceptable is $5000. $3000 for expenses, $2000 for reinvestment.

So Your account must reach $100000 ($100000*5%=$5000) before you start trading for living, quit your outside job or keep it to have more income.

The first step is the hardest, but when you cross it the rest is easy. If you need to know something about trading, shoot me a message.

Goodluck
I don't throw darts at a board – I bet on sure things.
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