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90% are loser ..why ?
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Justice1024

Member Since Dec 10, 2017  160 posts Justice1024 Dec 21 2017 at 07:46
And, of course, fear and greed.

Arcferreira

Member Since Mar 02, 2017  36 posts Allan (Arcferreira) Dec 21 2017 at 09:08
Justice1024 posted:
And, of course, fear and greed.


Yes, fear and greed is what move trends. And because Forex is high leveraged fear and greed are leveraged too...
Try to trade an unleveraged account. Boring and riskless. You can easily achieve 6% a year with zero risk...

Try to trade 20x leverage in just one trade. A 0.1% move (like EurUsd goes from 1.2000 to 1.2012) becomes a 2% profit! You can do that in scalping strategy, using for example, engulfing candles or inside bars breakout. I was able in a micro account to double my money in one month using this strategy, but never tried to do that with big money... because fear would mess everything..

Trade safely... Remember, a high Drawdown means a high risk!
wmsgfred

Member Since Sep 01, 2015  11 posts wmsgfred Dec 22 2017 at 11:31
This account is making profits of between 10% to 20% every month without a single losses. Drawdown at 1.5% max only.
IS THIS TOO GOOD TO BE TRUE?
Members refer others/members to earn commissions. Multi-Level system.

wmsgfred

Member Since Sep 01, 2015  11 posts wmsgfred Dec 22 2017 at 11:31

mlawson71

Member Since Dec 11, 2015  1486 posts mlawson71 Jan 22 at 15:24
Usually when people lose money it’s because they lack the knowledge and experience to trade properly. Sometimes it is the result, however, of the dishonest practices of a scamming broker. What can be said when brokers lie to their clients from the start?
For example, the Switzerland financial markets and service providers regulator FINMA has added two more forex brokers to its warning list of unlicensed entities: World Trade Capital and Swiss Assets FX. Both entities claim to be located in Switzerland, but neither is regulated by FINMA as it is required by law. (https://www.forexbrokerz.com/news/FINMA-warns-of-World-Trade-Capital-Swiss-Assets-FX-forex-brokers)
Swiss Assets FX claims to be based in Basel and to be a “regulated investment services firm authorised in the conduct of its activities by the Swiss Securities and Exchange Commission (‘SFMSAS’) under the license no. 092/08”. That is a completely made up regulator, such an agency does not exist. They made up a regulator just to draw in gullible people to invest their money in their scam. Money which were probably then lost.
One needs to be exceedingly cautious when picking a broker so they don’t end up getting scammed.

fxphysics

Member Since Aug 19, 2013  9 posts fxphysics Jan 26 at 13:12
Because of cognitive dissonance. Everything else is secondary.

A Universal Algorithm. A Trading Edge in ANY Market.
Imamul

Member Since Aug 09, 2017  63 posts Imamul Mar 15 at 12:32
Success can be easy just if you can keep a great patience for a long time.
only patience is the key to success in Forex.

Indorder

Member Since Mar 01, 2018  10 posts Indorder Mar 16 at 13:47
don't forget hard work!

Mohammadi

Member Since Aug 11, 2017  311 posts Mohammadi May 19 at 10:43
The Forex market is too much volatile and there is nobody who can predict the real faction of this market with certainly. As a result for keeping survive in a proper way we the traders have to depend on our trading strategies that we select according to our trading experience. we the traders always looking for a profitable trading strategy , practically for getting a maximal result by trading techniques we have to ensure real money managing plan.

snapdragon1970

Member Since Sep 12, 2015  1844 posts kieran (snapdragon1970) May 19 at 16:17
I was looking at a signal provider last week ,they are up 7% so far this year,almost all there positions are straddle trades,doesn't inspire confidence but they're positive results, Forex is a tough business so we have to protect downside risk as much as possible,one thing I found useful was knowing the daily range of the pair.I think most new Traders have a problem with setting risk and accepting small gains which just kills an account and your confidence.

"Mistakes are the portals of discovery",James Joyce.
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Leading Economic Index (1h 19min)
More from China's Vice Commerce Minister...(7 min ago)
EURUSD 1.17376 GBPUSD 1.31034
USDJPY 112.816 USDCAD 1.29626

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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.