Forex is profitable ?
i am still new in forex but i am willing to and as much knowledge as i can before i even go on live account
blakeolson9 posted:
Forex is 100% profitable, especially with proper risk management and a killer strategy, look at my profile for an example.
You made good profits Blake. how long you've been trading? I know you're not new to trading and probably found killer strategy for long time. Stay consistent though as this is <2 weeks account.
Jaykay55 posted:blakeolson9 posted:
Forex is 100% profitable, especially with proper risk management and a killer strategy, look at my profile for an example.
You made good profits Blake. how long you've been trading? I know you're not new to trading and probably found killer strategy for long time. Stay consistent though as this is <2 weeks account.
I've been trading for a few years and ended up adopting what was, in my opinion the most successful parts of other fantastic traders strategies and combining the parts that can easily work together to make my own strategy, one strategy for example that is a part of my own comes from my trip last summer to London where I met someone with a darkpool account and he told me his main go-to strategy, which I altered slightly to work better with the rest of the parts of my own strategy 'Massive Confluence'.
Skoti posted:
i am still new in forex but i am willing to and as much knowledge as i can before i even go on live account
Glad you have this mentality! Much better than most traders out there!
Be prepared for he long haul. It could take years to become profitable and I don't me 1 or 2, I mean 5 plus and still not be profitable. Forex can be a real struggle sometimes
It's true that forex is very profitable, but that does not mean that the success comes laid out on a silver platter for your consumption. It takes a lot of trading education and patience, since you won't start making consistent profits immediately you begin trading. You also need trading discipline for you to follow your trading plan
Laksa56 posted:
Be prepared for he long haul. It could take years to become profitable and I don't me 1 or 2, I mean 5 plus and still not be profitable. Forex can be a real struggle sometimes
This is not always the case, I have students that have learned incredibly fast. With proper guidance some have been good enough to impress private investors for 100k+ aum in less than a year and have personal results that most people think is not possible. For people that never got proper guidance I completely agree, it's nearly impossible to be consistently profitable in your first two years.
CrackedMic
Member Since Jul 05, 2019
12 posts
Jul 05 2019 at 11:23
blakeolson9 posted:Laksa56 posted:
Be prepared for he long haul. It could take years to become profitable and I don't me 1 or 2, I mean 5 plus and still not be profitable. Forex can be a real struggle sometimes
This is not always the case, I have students that have learned incredibly fast. With proper guidance some have been good enough to impress private investors for 100k+ aum in less than a year and have personal results that most people think is not possible. For people that never got proper guidance I completely agree, it's nearly impossible to be consistently profitable in your first two years.
How can I get proper guidance? Can you help?
Nana Robiana
(ryuga)
Member Since Dec 14, 2017
1 posts
Jul 05 2019 at 16:04
trading for living,or living for trading? 😁
little growth is better than high risk.