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lloyd_yeo
50K tto 500K in one year challenge
v
Zkušení obchodníci
Feb 03, 2019 at 08:15
It seems far away now but the trick is that he just has to keep this up till his account gets doubled. Then he will be able to grow his account faster by leveraging on the paper profit without taking on extra risk.Keep going bro, I'm rooting for you!
Can forex trading make you rich ?
v
Obecné
Aug 28, 2017 at 14:58
That's exactly it. See trading for what it is, a game of numbers. You win more than you lose, you are a winner, nuff said.
Can forex trading make you rich ?
v
Obecné
Aug 27, 2017 at 14:27
@GJscalper I definitely agree that having tight money management is one of the hallmarks of any profitable forex trader. However another reality to consider also is the fact that people have to consider that even with the best risk/reward ratio it is merely percentages. To get to 42k with 1050 is definitely one that requires time (the word quickly here becomes subjective, is 1 month quick? or 2 months quick?) and again, good money management but the most commonly missed out: mental discipline (i.e. to keep your emotions/greed in check)To be real here, I myself have faced problems with managing...
Looking for a mentor
v
Zkušení obchodníci
Aug 27, 2017 at 14:26
Well done! To be humble enough to look for mentor is key to succeeding in this business. A nice advise for you is that being profitable in trading is a journey of self-honing in the sense to rid yourself of greed/euphoria whilst trading. I myself am a profitable trader but am definitely far from being anyone's mentor. However, to help 1 or 2 people get things up & going is a wonderful thing that I would love to help you with if you are interested.
Can forex trading make you rich ?
v
Obecné
Aug 27, 2017 at 06:18
My stance on this is that you definitely can be profitable but to get really rich takes a lot of mental discipline and capital. For those who come in with the intent to get rich quick, it usually doesn't end well.Forex really is something that takes a lot accumulating of knowledge and emotional detachment to see the fruits of labour. The patience required to go through the journey and not give up whilst you are bleeding money & time is not an easy thing to do. Losses are a hard pill to swallow but believe me if you do make it to that "enlightened" group of people who trad...
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