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Forex is profitable ?
Dec 12, 2018 at 10:58
JanSzyman posted:
There are so many ways to get profit in Forex. Sell your trading systems, sell your experts, be an IB partner, be a PAMM trader or just be a trader.
True. So many ways to skin a cat
The market is a device from transferring money from the impatient to the patient
Dec 14, 2018 at 10:10
Actually only due to lack of trading knowledge is not the foremost reason for failing , according to me most of them are loser because of emotions and they try to take revenge when fall a loss. Nothing without it there is no reason behind major losses.
Dec 16, 2018 at 09:55
In Forexd trading we the traders first of all have to make sure a best trading broker for leading a secure and comfortable trading life, because the trading broker can affects the result of our trading with certainly. we can choose regulated trading broker which guarantee their clients funds.
Dec 16, 2018 at 11:17
Mohammadi posted:
Actually only due to lack of trading knowledge is not the foremost reason for failing , according to me most of them are loser because of emotions and they try to take revenge when fall a loss. Nothing without it there is no reason behind major losses.
No doubt, revenge trading is one of the most common problem here! For being a good trader, it’s very much important to check our own emotions & greed.
Dec 17, 2018 at 12:42
For me, Forex trading business is the most decent way of money making! That’s way, I have already decided to use this money earning opportunity as my full time profession! Although, I struggled a lot because I started my trading without any teacher! Here, popular forums helped me a lot including this one!
Mitglied seit Jan 25, 2010
1288 Posts
Dec 20, 2018 at 08:13
So true...
Hey, it's Chris...
One of the most important skills a trader needs is the ability to understand what the market is "saying" via price action.
You see, once you understand how to read a price chart, you'll be able to tell what a market is thinking and feeling at any given moment!
To amateurs, a candlestick chart shows nothing more than Open, Close, High and Low prices...
But to the informed trader, a candlestick chart reveals a treasure chest of information that can be used to his advantage. This is information that is largely invisible to the untrained eye.
This is why good traders can trade on a bare candlestick chart, while the amateurs have to rely on technical indicators and chart patterns.
The thing is, price action contains the latest market information, while technical indicators and chart patterns are usually slow (lagging) indicators.
This is why, if you want to succeed at trading, you need to understand how to read and interpret price action.
And for that, I'd encourage you to check out the Candlesticks Made Easy e-book:
Candlesticks Made Easy
http://forexcandlesticksmadeeasy.com/
Here's what reader Joel Stuart said about it:
"This is so much more helpful than trying to memorize all the different candle formations. Now I can look at a chart and know where the price action may be heading because I understand how to interpret the candlesticks."
And here's what reader Sean Taylor said:
"You are not just telling us to buy here and sell there, but you explain why prices move as they do and what influences the move. And this is READER FRIENDLY!"
You can find out more here:
Candlesticks Made Easy
http://forexcandlesticksmadeeasy.com/
Talk soon,
Chris
Founder Pipmavens.com
Dec 21, 2018 at 09:01
Yes. Forex is profitable if you use it wisely. You need to be patient to educate yourself as first step with high degree of patience.
Think about everything in the logical way.
I threw back my PhD degree and work as full time in forex as strategies researcher, IB, coder, account management (sometimes)...
Lately, I coded my best ever EA which made to me 827% of profit in just 7 weeks.
Think about everything in the logical way.
I threw back my PhD degree and work as full time in forex as strategies researcher, IB, coder, account management (sometimes)...
Lately, I coded my best ever EA which made to me 827% of profit in just 7 weeks.
... oshaban ... skype: oshaban27 ...
Dec 23, 2018 at 08:00
For me, Forex trading business is the most decent way of money making! That’s way, I have already decided to use this money earning opportunity as my full time profession! Although, I struggled a lot because I started my trading without any teacher! Here, popular forums helped me a lot including this one!
Dec 23, 2018 at 08:02
oshaban posted:
Yes. Forex is profitable if you use it wisely. You need to be patient to educate yourself as first step with high degree of patience.
Think about everything in the logical way.
I threw back my PhD degree and work as full time in forex as strategies researcher, IB, coder, account management (sometimes)...
Lately, I coded my best ever EA which made to me 827% of profit in just 7 weeks.
Wow; inspirational story! By the way, how many years it took to be a consistent player here?
Dec 31, 2018 at 07:55
AmDiab posted:oshaban posted:
Yes. Forex is profitable if you use it wisely. You need to be patient to educate yourself as first step with high degree of patience.
Think about everything in the logical way.
I threw back my PhD degree and work as full time in forex as strategies researcher, IB, coder, account management (sometimes)...
Lately, I coded my best ever EA which made to me 827% of profit in just 7 weeks.
Wow; inspirational story! By the way, how many years it took to be a consistent player here?
I'm in forex since mid 2003 :(
... oshaban ... skype: oshaban27 ...
Mitglied seit Dec 28, 2018
9 Posts
Dec 31, 2018 at 13:32
Generally, profits and losses are almost unlimited in the Forex market. Mostly, it depends on your risk appetite, your trading strategy, and your level of understanding. Start trading for a skill instead of a profit, and in time, the profits should come with the skill.
Jan 01, 2019 at 10:47
thinkpad954 posted:
Generally, profits and losses are almost unlimited in the Forex market. Mostly, it depends on your risk appetite, your trading strategy, and your level of understanding. Start trading for a skill instead of a profit, and in time, the profits should come with the skill.
Same opinion from me! Yes, trading skill is very much important parameter here; without a proper trading skill the path is too much sticky.
Mitglied seit Jan 25, 2010
1288 Posts
Jan 02, 2019 at 09:35
oshaban posted:
I'm in forex since mid 2003 :(
Agreed. Many years it takes.
I started in 2008.
Mitglied seit Feb 22, 2011
4573 Posts
Jan 02, 2019 at 09:37
oshaban posted:
Yes. Forex is profitable if you use it wisely. You need to be patient to educate yourself as first step with high degree of patience.
Think about everything in the logical way.
I threw back my PhD degree and work as full time in forex as strategies researcher, IB, coder, account management (sometimes)...
Lately, I coded my best ever EA which made to me 827% of profit in just 7 weeks.
It would be easier to believe that with real account statement here on mfb
Mitglied seit Jan 25, 2010
1288 Posts
Jan 02, 2019 at 09:39
Jan 09, 2019 at 10:59
BluePanther posted:
Here is the Holy Grail:
https://forums.babypips.com/t/i-have-found-the-holy-grail/18683
Whatever it is; I don’t believe 100% success ratio in Forex! For me, it’s all about probabilities.
Jan 24, 2019 at 09:12
If you understand Price Action and Volume Spread Analysis, you may focus yourslef on profitable pattern everydays.
Don't use Moving average and others stuff like that, it will lead you to the wrong way.
Market itself everysingle day, learn how to read it , and you may be profitable.
Don't use Moving average and others stuff like that, it will lead you to the wrong way.
Market itself everysingle day, learn how to read it , and you may be profitable.
