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DoraWalletInvest
Nov 19 2020 at 07:54
123 Beiträge
sareen posted:
perryjohn765 posted:
never heard of any such trader who earns the continuous profits. i believe you dont always win in forex.


Continuous over a long period of time, yes there are many traders who can do this
But continuous each time a trade is placed? No - you cannot win every trade, that is obvious


You are right. Being a consistently profitable trader is not about winning every single trade, that is indeed not possible.

Evgenii70
Nov 19 2020 at 10:00
26 Beiträge
everything is possible .

if you buy yusd rub you will always be in +

Evgenii70
Nov 19 2020 at 10:09
26 Beiträge
the question is different)))) how much can you earn.

George joseph (georgejoseph257)
Dec 04 2020 at 20:03
9 Beiträge
Hey
Interesting topic. Thought i would join.
I being trading forex for around 8 years +


I used to do manual trading. Now, i only does EA trading ( removing emotions out of the equation and getting discipline in return). EA is turned off completely on high impact news days.
I have backtest of EA available from 1999.


If you are lucky to have a mentor, you might achieve your goals earlier or ATLEAST wont loose lot of money investing.
I did have a mentor/teacher though who taught me the basics. However i moved on from him since his goal was only to achieve around 5k per year. I learned from many institutions online , youtube channels etc. I paid any institution once only to ask for a refund as their strategies didn't pan out. I don't think hardly anyone would teach profitable strategies free of cost or for a low charge. Forex is a trillion dollar industry. Why teach their own trillion dollar strategies for small price. PAMM would be a better option safe guarding their property. If you decide to have a mentor, please check his myfxbook record first.

A professional trader supplements their income by providing basic lessons on teamviewer, youtube channel, PAMM accounts , copy trades , making forex bots,indicators etc..

All the best.

ElliotCooke
Dec 19 2020 at 13:32
311 Beiträge
Making a profit consistently is a dream of many traders as well as mine. but it is not so easy.

Alexey (Alexey1979)
Dec 23 2020 at 22:31
11 Beiträge
I have been trading forex for 14 years since 2006 and getting profit only last 4 years. 80% of all my trading activity now it is investing in dividend stocks on fund market and 20% activity is trading commodities without leverage. Using of leverage kills 99% of trading accounts. Start to invest in dividend stocks without leverage and save the money. I have never seen the forex trader in Forbes

If you work hard, you dont have enough time to make money
garrychristians
Dec 30 2020 at 09:29
23 Beiträge
Consistent profits are really something that is rare and it is very difficult to keep making them regularly. It is not about making good returns on every trade but the bigger picture is more important.

Andy Zatt (fastdrive55)
Dec 30 2020 at 14:59
100 Beiträge
Alexey1979 posted:
I have been trading forex for 14 years since 2006 and getting profit only last 4 years. 80% of all my trading activity now it is investing in dividend stocks on fund market and 20% activity is trading commodities without leverage. Using of leverage kills 99% of trading accounts. Start to invest in dividend stocks without leverage and save the money. I have never seen the forex trader in Forbes


Does it mean, the profits don't come out of Forex, but out of dividend stocks?

You haven't been around lately.
Alexey (Alexey1979)
Jan 03 at 16:05
11 Beiträge
fastdrive55 posted:
Alexey1979 posted:
I have been trading forex for 14 years since 2006 and getting profit only last 4 years. 80% of all my trading activity now it is investing in dividend stocks on fund market and 20% activity is trading commodities without leverage. Using of leverage kills 99% of trading accounts. Start to invest in dividend stocks without leverage and save the money. I have never seen the forex trader in Forbes


Does it mean, the profits don't come out of Forex, but out of dividend stocks?


If you trade forex without leverage you will got the same profit as investing in good dividend stocks with smaller risk.

If you work hard, you dont have enough time to make money
Christian Paul (8christianpaul8)
Jan 05 at 14:13
63 Beiträge
Interesting point @Alexey1979. How about George Soros? Is he not part of Forbes? I love this thread. It gives me the confidence to continue with forex. Some people who posted only seen consistency after 10 years of trading but I'm sure it's worth it. It's a skill of making money and provide for your needs month after month. Good luck to all of us. 😆

Trading is a marathon, not a sprint.
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