i am still new in forex but i am willing to and as much knowledge as i can before i even go on live account
blakeolson9 posted:
Forex is 100% profitable, especially with proper risk management and a killer strategy, look at my profile for an example.
You made good profits Blake. how long you've been trading? I know you're not new to trading and probably found killer strategy for long time. Stay consistent though as this is <2 weeks account.
Jaykay55 posted:I've been trading for a few years and ended up adopting what was, in my opinion the most successful parts of other fantastic traders strategies and combining the parts that can easily work together to make my own strategy, one strategy for example that is a part of my own comes from my trip last summer to London where I met someone with a darkpool account and he told me his main go-to strategy, which I altered slightly to work better with the rest of the parts of my own strategy 'Massive Confluence'.blakeolson9 posted:
Forex is 100% profitable, especially with proper risk management and a killer strategy, look at my profile for an example.
You made good profits Blake. how long you've been trading? I know you're not new to trading and probably found killer strategy for long time. Stay consistent though as this is <2 weeks account.
Skoti posted:Glad you have this mentality! Much better than most traders out there!
i am still new in forex but i am willing to and as much knowledge as i can before i even go on live account
Be prepared for he long haul. It could take years to become profitable and I don't me 1 or 2, I mean 5 plus and still not be profitable. Forex can be a real struggle sometimes
It's true that forex is very profitable, but that does not mean that the success comes laid out on a silver platter for your consumption. It takes a lot of trading education and patience, since you won't start making consistent profits immediately you begin trading. You also need trading discipline for you to follow your trading plan
Laksa56 posted:This is not always the case, I have students that have learned incredibly fast. With proper guidance some have been good enough to impress private investors for 100k+ aum in less than a year and have personal results that most people think is not possible. For people that never got proper guidance I completely agree, it's nearly impossible to be consistently profitable in your first two years.
Be prepared for he long haul. It could take years to become profitable and I don't me 1 or 2, I mean 5 plus and still not be profitable. Forex can be a real struggle sometimes
Jul 05 2019 at 11:23
blakeolson9 posted:Laksa56 posted:This is not always the case, I have students that have learned incredibly fast. With proper guidance some have been good enough to impress private investors for 100k+ aum in less than a year and have personal results that most people think is not possible. For people that never got proper guidance I completely agree, it's nearly impossible to be consistently profitable in your first two years.
Be prepared for he long haul. It could take years to become profitable and I don't me 1 or 2, I mean 5 plus and still not be profitable. Forex can be a real struggle sometimes
How can I get proper guidance? Can you help?
Jul 05 2019 at 16:04
trading for living,or living for trading? 😁
little growth is better than high risk.
Jul 07 2019 at 05:47
Yes of course its profitable. But its take a long time to be a successful trader. This is full of mind game. You must know to control your mind and emotions. This is the main key of success.
It's a new world, it's a new start It's alive with the beating of young hearts It's a new day, it's a new plan I've been waiting for you Here I am....
Jul 08 2019 at 09:39
ryuga posted:
trading for living,or living for trading? 😁
Live to die and live to trade :D
Born to trade :)
Jul 08 2019 at 10:13
I like what I trade
I trade what I like
I trade what I like
Jul 08 2019 at 10:35
FxPresident posted:ryuga posted:
trading for living,or living for trading? 😁
Live to die and live to trade :D
That was good :)
It's a new world, it's a new start It's alive with the beating of young hearts It's a new day, it's a new plan I've been waiting for you Here I am....
Yes for sure it is really. But how much time it will take to practice it to the good level who knows how much it will take, nobody, only practice probably. So please be prepared for all that;) You have very reputable forum with a lot of info in front of you.
Jul 11 2019 at 04:09
Felolune posted:
Yes for sure it is really. But how much time it will take to practice it to the good level who knows how much it will take, nobody, only practice probably. So please be prepared for all that;) You have very reputable forum with a lot of info in front of you.
Our online community is rich now. You can easily find lots of forum and website to learn forex. But it depends on you that how long you could give time here. If you are in a hurry then u could not make it right here. You have to make a plan and keep going with proper steps.
It's a new world, it's a new start It's alive with the beating of young hearts It's a new day, it's a new plan I've been waiting for you Here I am....
Indeed, Forex trading is profitable but newbies can learn everything about the market first and then start the trading process. Initially many traders lose because of lack of knowledge/accurate plan and unrealistic expectations but patience and practice by creating demo accounts is the key.
AniLorak posted:Adribaasmet posted:AniLorak posted:Agree with your opinion! It’s all about trading knowledge! But I see, many new traders try to rely on their healthy trading capital or luck, but end of the day they lose their everything!
Forex trading is a profitable business to the knowledgeable traders only! Here, knowledge is the power-house!
You are right! A number of new Forex traders try to rely on their luck! But, if you want to be lucky here then learn first (New Traders).
Absolutely!
Forex is profitable but for that profit one must learn the basics of forex trading. There are people who have made millions through forex trading and are continuing with the same.
But how do they earn so much through forex?
The answer is their knowledge about the markets.
Good forex traders do the following to earn good profits in the forex market :
1. Plan their trading strategy.
2. Scan the forex markets carefully.
3. Determine the risk-return ratios for various investment opportunities.
4. Keep their emotions aside.
5. Undertake risks, as higher the risk higher the profitablity.
6. Stay tuned with all important information related to forex markets.
smith_fx posted:AniLorak posted:Adribaasmet posted:AniLorak posted:Agree with your opinion! It’s all about trading knowledge! But I see, many new traders try to rely on their healthy trading capital or luck, but end of the day they lose their everything!
Forex trading is a profitable business to the knowledgeable traders only! Here, knowledge is the power-house!
You are right! A number of new Forex traders try to rely on their luck! But, if you want to be lucky here then learn first (New Traders).
Absolutely!
Forex is profitable but for that profit one must learn the basics of forex trading. There are people who have made millions through forex trading and are continuing with the same.
But how do they earn so much through forex?
The answer is their knowledge about the markets.
Good forex traders do the following to earn good profits in the forex market :
1. Plan their trading strategy.
2. Scan the forex markets carefully.
3. Determine the risk-return ratios for various investment opportunities.
4. Keep their emotions aside.
5. Undertake risks, as higher the risk higher the profitablity.
6. Stay tuned with all important information related to forex markets.
I see; few traders are expecting 100$ profit in a day since; they need exactly 100$ (for daily life) of that day! And the end is full crash of trading balance!
Aug 01 2019 at 10:22
No doubt forex is profitable, but it also comes with various risks. Now, the profits or losses you make depend on how well you are able to manage these inherent risks. It matters how wisely you trade in forex and what type of trading plan you follow.
Forex trading business is much better option than any other profession! Forex trading business is also available for the part time Forex trader, since market is open for 24 hours! BY the way, Forex business is not appropriate for the greedy people who want to make quick success here!
