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Forex is profitable ?
Feb 07, 2019 at 14:52
Jdimitrov posted:
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4
I use H4 mainly for support & resistance analysis.
Mitglied seit Nov 09, 2018
204 Posts
Feb 10, 2019 at 07:22
BenTrader posted:
Yep, Traders who lose money don't trade correctly.
Trading is simple when you understand a few basic things.
Nice expression. Could you share your simple basic things?
(This is a rhetorical question)
P.S. "understand" is not "adhere".
#AnthonyWins
Feb 10, 2019 at 07:23
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
Feb 11, 2019 at 11:05
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
Mitglied seit Feb 10, 2019
52 Posts
Feb 12, 2019 at 07:03
If people are consistently doing it then that answers the question surely?
Mitglied seit Jan 23, 2019
9 Posts
Feb 12, 2019 at 09:53
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game
Mitglied seit Jan 11, 2019
140 Posts
Feb 13, 2019 at 07:34
Forex is profitable as long as you are using the right strategies to place the trade. You must be completely aware of all the terminologies before placing trades in the live environment. The leverage, spreads should be kept in consideration before placing any trade. The best option to learn about the forex market is to place as much trades as you can on the demo account so that you can become familiar to market conditions, its liquidity, and volatility. Choosing a right broker also plays an important role in forex as the money makers make money when the traders lose, so in order to earn more profit, search for a pure ECN broker with lower spreads.
Mitglied seit Feb 22, 2011
4573 Posts
Feb 13, 2019 at 07:39
Alcides666 posted:
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game
I am sure majority of them [being profitable] are in this discussion. :)
forex_trader_458816
Mitglied seit Sep 11, 2017
117 Posts
Feb 13, 2019 at 08:11
It is better to show your performance on your profile before you comment here. At least, it is proven and peoples can take your words 😀
Feb 17, 2019 at 07:21
AnthonyWins posted:BenTrader posted:
Yep, Traders who lose money don't trade correctly.
Trading is simple when you understand a few basic things.
Nice expression. Could you share your simple basic things?
(This is a rhetorical question)
P.S. "understand" is not "adhere".
1-Price goes from ranges to ranges , it can be horizontal or ascending/descending.
2-Market is fractal, it means that it repeat itself in different scale.
If you understand clearly this 2 simple things then you are ready.
And when you open a graph ( And I am speaking about every graphs, GOLD, NASDAQ, Forex pairs, etc.. )
you will understand that it always follows the same logic.
I don't have to prove anything.
If people don't want to take my words I don't care.
Do whatever is good for you.
Mitglied seit Dec 18, 2018
43 Posts
Feb 17, 2019 at 07:38
Yes, forex trading is profitable, but it's not for everyone. It's a highly risky market. Some time,
Many times traders also become a beggar 😇
Many times traders also become a beggar 😇
Mitglied seit Feb 16, 2019
26 Posts
Feb 18, 2019 at 11:34
I think it takes a lot of time outside of trading.
looking at markets, reading strategies etc
This part of the process is often overlooked
looking at markets, reading strategies etc
This part of the process is often overlooked
Feb 19, 2019 at 07:40
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
Feb 20, 2019 at 06:52
georgequayle posted:
I think it takes a lot of time outside of trading.
looking at markets, reading strategies etc
This part of the process is often overlooked
Of course, it takes such a long time. That’s why, in Forex the success ratio is near about only 10%.
Feb 25, 2019 at 07:19
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Mitglied seit Jul 21, 2018
1 Posts
Mar 01, 2019 at 13:37
Off course! Forex is the most profitable business if you know how to actually play with it. It requires a lot of practice and research to become a successful Forex trader. It is difficult to say that you will instantly become the master of trading within a short time span. In the beginning, it’s obvious to incur losses as a part of the training time. But, in the long run it will prove its worth.
There are a bunch of factors that result in successful trading like; choosing the right broker, using the correct strategy and not focusing on any particular type of analysis. Using both Fundamental and technical analysis leads to better trading.
There are a bunch of factors that result in successful trading like; choosing the right broker, using the correct strategy and not focusing on any particular type of analysis. Using both Fundamental and technical analysis leads to better trading.
