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Forex is profitable ?

Mohammadi
Jul 13 2018 at 11:43
886 posts
trading practically is the best course than others , sometimes we think bookish knowledge can play an important role in Forex trading but actually not. only practical trading knowledge is real.

Elanbani
Jul 15 2018 at 04:56
19 posts
Adribaasmet posted:
Elanbani posted:
Definitely Forex is profitable but unfortunately not for everyone. More than 90% traders are loser in the Forex.


Yes, the ratio is too horrible! But, end of the day knowledge traders can make enough money because of their good trading skill.

Agree with you, traders who have enough knowledge and experience of Forex are making millions from it.
  

BluePanther (BluePanther)
Jul 15 2018 at 05:47
1354 posts
BluePanther posted:

Mark Shawzin:

'Out of the 241 trades, 16 of them were responsible for ALL of the profit.
Most people in this world can't handle it. Yet, it is the only way I have ever seen anyone make money trading. Ever.
I was on Wall Street for 23 years. All of the successful fund managers will have long losing streaks, sometimes lasting 6 months to a year.
And then... boom! They let their winners run and they wipe out all of their losses.
It is how trading works.


https://thepatterntrader.com/the-pattern-trader-bundle-35/


My losing streak has lasted almost ten years...

And then... boom! I let my winners run and they wipe out all of my losses.
It is how trading works.
😎


Attachments:


redx (redx)
Jul 15 2018 at 05:54
3 posts
Mohammadi
Jul 15 2018 at 09:59
886 posts
I have seen according to my trading experience, mostly traders in particularly the newcomers think , only most powerful analyzing trade knowledge can bring success in this market place , but practically despite of having good trading knowledge that’s not possible at all lead a profitable trading life with certainly of you don’t have a reliable support from a credible trading broker , because the trading broker can affects the result of our trading with certainly.

Adribaasmet
Jul 16 2018 at 05:44
947 posts
Mohammadi posted:
I have seen according to my trading experience, mostly traders in particularly the newcomers think , only most powerful analyzing trade knowledge can bring success in this market place , but practically despite of having good trading knowledge that’s not possible at all lead a profitable trading life with certainly of you don’t have a reliable support from a credible trading broker , because the trading broker can affects the result of our trading with certainly.


No doubt, broker is another important parameter here! But I see, nowadays there have so many good review sites, that’s really a good sign for the newcomers.

BluePanther (BluePanther)
Jul 16 2018 at 07:17
1354 posts
oliviapeters
Jul 16 2018 at 10:52
12 posts
Elanbani posted:
Definitely Forex is profitable but unfortunately not for everyone. More than 90% traders are loser in the Forex.
Yep! There's all this noise you'll hear about forex being profitable. It makes everyone believe that anyone can succeed here no matter what. But the hard truth is that only a very small percentage of people can be profitable here, those with the right combination of knowledge, skills, experience, dedication, discipline, patience, hard work and sharp trading instincts!

MellinGainin
Jul 17 2018 at 06:00
5 posts
Forex is profitable, but all in a different way than the advertisements do to attract people.
You need to lose, you need to study over you losses, you need to refine.
Risk is always unpredictable and changing according to new commercial terms (ESMA...😕)

Novar (Novar)
Jul 17 2018 at 06:01
63 posts
What you win is excatly what the other loose, nothing more

Forex do not create nothing

and only brokers winn any where

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