Forex is profitable ?

Kamrul12063 posted:
Forex is not a profitable business idea it's way to loser 😳

or its a zero sum game for some traders

Mohammadi posted:
profitable traders always
 depend on major pair which is really secure than others. EURUSD is the first choice for us.

though i am not profitable trader but my first choice is also EURUSD

Very profitable for me. I got PhD degree but I don't use it. Instead I resigned and work full time in forex like IB, ea coder + marketer and trading using my own coded EAs.

As not!

Forex is not profitable as it is a zero-sum game but few percentages of traders are profitable who find there trading edge.

make sure regular basis profit is very effective even though its smaller, 5% sounds minor but when it comes regular basis , it can make huge amount. 

Φυσικά είναι κερδοφόρα, αλλά πρέπει να είστε υπομονετικοί.

Forex is very profitable, for me. For years it brings me a good living. You just need to figure out how to profit from trading currency.

This is not profitable at all
Show me one profitable Forex trader I'll show you thousands loser traders

I do not want you to show me thousands of loser traders. It is not difficult to find them.

Kamrul12063 posted:
This is not profitable at all
Show me one profitable Forex trader I'll show you thousands loser traders

So what do you think distinguish profitable trader and loser?

Forex is profitable of course. For somebody. Smb earn a good profit, smb lose. Like any business.
If a person seriously approaches the study of this sphere, then he will receive profit more likely.😁

Tim007 posted:
I do not want you to show me thousands of loser traders. It is not difficult to find them.

Right on... and it's difficult to find one profitable Forex trader

vontogr posted:
So what do you think distinguish profitable trader and loser?

Certainly you know better

Kamrul12063 posted:

Tim007 posted:
I do not want you to show me thousands of loser traders. It is not difficult to find them.

Right on... and it's difficult to find one profitable Forex trader

The post was amended by administrators, as I am not allowed to promote other trades. You have to be patient. Just look at other registered people profiles on this site and you might find the answers.

Boh...for me is very hard find a edge. Boh…

Kamrul12063 posted:

vontogr posted:
So what do you think distinguish profitable trader and loser?

Certainly you know better

I think I know that
But learning from others is important part of being successfull

in order to me, anyone can be profitable trader , its not a bid deal , the main issue is to keep continue the same profit ratio.

amsoc posted:
Boh...for me is very hard find a edge. Boh…

RULE #1 RISK MANAGEMENT

Trade smaller sizes,
trade less often, avoid over trading,
trade without emotion,
use automation where possible and reasonable,
trade high probability set ups,
use reasonable and realistic take profit targets,
use reasonable and realistic stop loss targets,
use a profitable trading strategy,
kill losing trades,
hold winning trades until they hit your TP
use proper financial planning
protect your investment and assets at all cost

What instrument you trade is IRRELEVANT (currency pair, stock, bond, whatever)

Diversify investment capital.

When an investment account is blown, there is ultimately only one person responsible for it. The Investor...

Not the broker, not the markets, not the currency pair.

So I'll say this yet again....

If there is a massive loss of capital (blown account, etc...), ultimately the responsibility for the problem is the Investor.
Regardless of the event that caused a blown account, the fact that account is blown should be all the information anyone needs to know.

If risk is managed properly, even a catastrophic market event can be protected against, or at least the impact can be limited to an accepted level.

These are just my opinions of how I personally trade, but I think they would be reasonable to most people if considered.