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Can forex trading make you rich ?
Anggota Sejak Aug 21, 2018
11 pos
Anggota Sejak Aug 06, 2018
8 pos
Aug 22, 2018 at 08:53
Anggota Sejak Aug 06, 2018
8 pos
If you are smart enough and are the go-getter you can become rich doing anything why just forex trading? Ultimately it all boils down to your brain, aptitude, capabilties, skills, talent and knowledge. Mind you forex trading is not a guarantee of quick and easy profits. In fact it doesn't even work for a majority of people.
Anggota Sejak May 18, 2015
118 pos
Aug 22, 2018 at 08:54
Anggota Sejak May 18, 2015
118 pos
Forex can make you rich for sure. Have a look at the latest account which I posted.
Compound interest is the key to all of this and the only way to master that is to have a system which has rules set into place that can never be broken. Get past that and you will be much more than just a blogger.
Compound interest is the key to all of this and the only way to master that is to have a system which has rules set into place that can never be broken. Get past that and you will be much more than just a blogger.
My avatar explains "social trading" perfectly.
Anggota Sejak Aug 14, 2018
11 pos
Anggota Sejak Oct 28, 2015
51 pos
Aug 23, 2018 at 06:48
Anggota Sejak Oct 28, 2015
51 pos
goyankees85 posted:why is the gain at -93%?
Forex can make you rich for sure. Have a look at the latest account which I posted.
Compound interest is the key to all of this and the only way to master that is to have a system which has rules set into place that can never be broken. Get past that and you will be much more than just a blogger.
Prayer is the True Power that controls the World.
Anggota Sejak May 18, 2015
118 pos
Aug 24, 2018 at 07:03
Anggota Sejak May 18, 2015
118 pos
LeadPellet posted:
I do not understand why you have shown the system above? it looks like you are using a high risk system which will eventually wipe out your account
TO show that one can be very rich in forex in a very short amount of time. Is that what this thread is about?
My avatar explains "social trading" perfectly.
Anggota Sejak Apr 06, 2018
254 pos
Aug 24, 2018 at 07:41
Anggota Sejak Apr 06, 2018
254 pos
goyankees85 posted:LeadPellet posted:
I do not understand why you have shown the system above? it looks like you are using a high risk system which will eventually wipe out your account
TO show that one can be very rich in forex in a very short amount of time. Is that what this thread is about?
This trading style will easily change you from riches to rags😀
The market will trade through it’s path of least resistance .
Anggota Sejak Aug 20, 2018
9 pos
Anggota Sejak Aug 16, 2018
11 pos
Anggota Sejak Mar 02, 2017
50 pos
Sep 05, 2018 at 10:37
Anggota Sejak Mar 02, 2017
50 pos
Greed is a human behaviour.
Sometimes I remember Douglas Adams and the computer to answer about everything in Universe. After 7 billion years, the answer was 42!
The question here is something like that... CAN FOREX MAKE YOU RICH?
Other questions: CAN MUSIC, TENNIS, OR ANYTHING MAKE YOU RICH?
The answer is clear, yes...
But the road isn't simple, because there isn't shortcuts...
I did a good money as a doctor. It was hard... Forex can make a good money too...but the learning curve is hard too...
Sometimes I remember Douglas Adams and the computer to answer about everything in Universe. After 7 billion years, the answer was 42!
The question here is something like that... CAN FOREX MAKE YOU RICH?
Other questions: CAN MUSIC, TENNIS, OR ANYTHING MAKE YOU RICH?
The answer is clear, yes...
But the road isn't simple, because there isn't shortcuts...
I did a good money as a doctor. It was hard... Forex can make a good money too...but the learning curve is hard too...
Trade safely... Remember, a high Drawdown means a high risk!
Anggota Sejak Sep 10, 2018
8 pos
Anggota Sejak Mar 02, 2017
50 pos
Sep 11, 2018 at 14:50
Anggota Sejak Mar 02, 2017
50 pos
Beethoven9 posted:
Is anyone on here actually rich from trading (and it not a scammer!!). Can you teach us how?
No. I didn't find anyone able to prove a reliable system. It is not difficult to double your money in 2-3 months using agressive trade.
The problem is sooner or later you will suffer a big loss. BLACK SWAN events are difficult to avoid... and your technical analysis go to hell. And your money either.
A 3-5% monthly is possible with 20-30% drawdown. It is 60% a year and after 10 years your money will grow 110x. Your 1.000 USD account will be 1.600 USD after 1 year and 110.000 USD.
BUT 3-5% monthly demands a lot of study.
I am able to achieve this after 3 years studying. It is enough to pay my vacations...
Trade safely... Remember, a high Drawdown means a high risk!
Anggota Sejak Mar 26, 2018
31 pos
Sep 16, 2018 at 06:19
Anggota Sejak Mar 26, 2018
31 pos
If you have good experience in forex trading and knows all the forex trading tips and tricks and use all the tricks in forex trading then may be you rich
If you a begineer and plan to start forex trading, then before start trading read all forex trading tips and tricks
If you a begineer and plan to start forex trading, then before start trading read all forex trading tips and tricks
Sep 25, 2018 at 07:32
Anggota Sejak Apr 18, 2017
718 pos
JamesAnderson posted:
If you have good experience in forex trading and knows all the forex trading tips and tricks and use all the tricks in forex trading then may be you rich
If you a begineer and plan to start forex trading, then before start trading read all forex trading tips and tricks
I think, only tips & tricks are not enough here! If you want to make money (consistently) then you have to learn Forex, otherwise; there is no way.
Anggota Sejak Jan 25, 2010
1360 pos
Sep 25, 2018 at 08:54
Anggota Sejak Jan 25, 2010
1360 pos
LongVision posted:goyankees85 posted:LeadPellet posted:
I do not understand why you have shown the system above? it looks like you are using a high risk system which will eventually wipe out your account
TO show that one can be very rich in forex in a very short amount of time. Is that what this thread is about?
This trading style will easily change you from riches to rags😀
There is no gain without risk.
Higher gain = higher risk.
Nothing is guaranteed, but you can stack the odds in your favor by analysis and understanding of market dynamics.
'Out of the 241 trades, 16 of them were responsible for ALL of the profit. Most people in this world can't handle it. Yet, it is the only way I have ever seen anyone make money trading. Ever. I was on Wall Street for 23 years. All of the successful fund managers will have long losing streaks, sometimes lasting 6 months to a year. And then... boom! They let their winners run and they wipe out all of their losses. It is how trading works.'
- Mark Shawzin (https://thepatterntrader.com)
Anggota Sejak Jan 25, 2010
1360 pos
Sep 25, 2018 at 08:55
Anggota Sejak Jan 25, 2010
1360 pos
Emphasis on:
'Out of the 241 trades, 16 of them were responsible for ALL of the profit. Most people in this world can't handle it. Yet, it is the only way I have ever seen anyone make money trading. Ever. I was on Wall Street for 23 years. All of the successful fund managers will have long losing streaks, sometimes lasting 6 months to a year. And then... boom! They let their winners run and they wipe out all of their losses. It is how trading works.'
'Out of the 241 trades, 16 of them were responsible for ALL of the profit. Most people in this world can't handle it. Yet, it is the only way I have ever seen anyone make money trading. Ever. I was on Wall Street for 23 years. All of the successful fund managers will have long losing streaks, sometimes lasting 6 months to a year. And then... boom! They let their winners run and they wipe out all of their losses. It is how trading works.'
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