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Can forex trading make you rich ?

Matt (BluePanther)
Jan 10 2018 at 09:51
1354 投稿
TrumpsForexHack posted: My best advice to you all is stop posting on forums...


This is THE best advice of all - but you don't take your own advice? (lol)

TrumpsForexHack posted: Focus on systems that work


Certainly we are blessed to have your posts, you have proven the answer to this thread's question is a resounding YES.
But what about sharing your method to success: What system works for you?
Obviously I ask because I am one trader that needs plenty of help: my account went from AUD$100,000 to $0 last month

Matt (BluePanther)
Jan 10 2018 at 11:10
1354 投稿
I know a successful trader who average trade time is three minutes, average pips per is just over six pips, and average loss is just under two pips per trade. In the last twelve months is gain to date is 13,132%. I share this to stress that you can be extraordinarily successful trading on small time frames. You have to be good. You better be able to drop a losing trade quickly without thinking or hesitating.


https://www.forextrading.jcls-forex.com/best-time-frame-trade-forex/

Higat
Jan 10 2018 at 12:53
20 投稿
What a deep understanding you have! I'm standing, take off your hat! I just now with your help understood that my trading is completely aimless!
(Какое у вас глубокое понимание ! Я стоя, снимаю перед вами шляпу! Я только сейчас с вашей помощью понял, что мой трейдинг совершенно бесцельный! )

Higat
Jan 10 2018 at 12:59
20 投稿
BluePanther posted:
TrumpsForexHack posted: My best advice to you all is stop posting on forums...


This is THE best advice of all - but you don't take your own advice? (lol)

TrumpsForexHack posted: Focus on systems that work


Certainly we are blessed to have your posts, you have proven the answer to this thread's question is a resounding YES.
But what about sharing your method to success: What system works for you?
Obviously I ask because I am one trader that needs plenty of help: my account went from AUD$100,000 to $0 last month


I understand your problem 'Obviously I ask because I have one trader that needs a lot of help: my account went from AUD $ 100,000 to $ 0 last mont'. You ask me to share with you my opportunities. You want to make a profit. You are a man like me.
Pay attention - I need help too! I ask you to see my 'View Profile'. After reading, let's talk. I think that together we can get a good result!

TrumpsForexHack
Jan 10 2018 at 12:59
30 投稿
BluePanther posted:
TrumpsForexHack posted: My best advice to you all is stop posting on forums...


This is THE best advice of all - but you don't take your own advice? (lol)

TrumpsForexHack posted: Focus on systems that work


Certainly we are blessed to have your posts, you have proven the answer to this thread's question is a resounding YES.
But what about sharing your method to success: What system works for you?
Obviously I ask because I am one trader that needs plenty of help: my account went from AUD$100,000 to $0 last month


Your issue is that you are posting trying to achieve Forum Guru status instead of working on your account and providing a better life for yourself. All this sense less posting and almost 0 trading should leave one to wonder.... 'What am I doing here'.

Matt (BluePanther)
Jan 10 2018 at 13:35
1354 投稿
TrumpsForexHack posted:
Your issue is that you are posting trying to achieve Forum Guru status instead of working on your account and providing a better life for yourself. All this sense less posting and almost 0 trading should leave one to wonder.... 'What am I doing here'.


I will have you know I have been 'working on my account' since 2008. Myfxbook has me registered from Jan 26 2010: 761 posts divided by 3285 days since registration only works out at approximately 4 posts per day... ONLY. OMG you are abolutely correct! 😲😲😲😲😲😲😲

You are also absolutely correct when you say I should wonder 'what am I doing here?': I keep thinking I will soon discover the answer to how others make consistent money trading. It seems no one truly has the answer who posts in these forums - not even yourself! Else you would: a) not be posting on forums, and/or b) you would share your system that works for you.

Keep in mind:
i) a system that works for you may not work for someone else
ii) if you truly understood your system you would be able to explain it to someone else

PS. I also keep wondering: 'why do I keep trying to trade?' when it seems impossible to actually make consistent income from trading. Everyone else seems to be successful traders. Though just not me. 😞

AmDiab
Jan 10 2018 at 16:14
718 投稿
BluePanther posted:
TrumpsForexHack posted:
Your issue is that you are posting trying to achieve Forum Guru status instead of working on your account and providing a better life for yourself. All this sense less posting and almost 0 trading should leave one to wonder.... 'What am I doing here'.


I will have you know I have been 'working on my account' since 2008. Myfxbook has me registered from Jan 26 2010: 761 posts divided by 3285 days since registration only works out at approximately 4 posts per day... ONLY. OMG you are abolutely correct! 😲😲😲😲😲😲😲

You are also absolutely correct when you say I should wonder 'what am I doing here?': I keep thinking I will soon discover the answer to how others make consistent money trading. It seems no one truly has the answer who posts in these forums - not even yourself! Else you would: a) not be posting on forums, and/or b) you would share your system that works for you.

Keep in mind:
i) a system that works for you may not work for someone else
ii) if you truly understood your system you would be able to explain it to someone else

PS. I also keep wondering: 'why do I keep trying to trade?' when it seems impossible to actually make consistent income from trading. Everyone else seems to be successful traders. Though just not me. 😞


I really agree with your point number 1) on keen in mind section! I do my live trading only based on Price Action! Yes, I am making decent income in every month! But, I see so many negative comments on PA! Your 1st point explained it so nicely.

Allan (Arcferreira)
Jan 11 2018 at 07:59
50 投稿
I believe almost all trading systems that rely in R/R ratio and winning ratio works. What I see as the biggest problem is greedy. High leveraged accounts and no stop loss is the devil behind margin calls. If you want 50% a year, you don't need to risk that way. But if you want 50% a month... the odds will go against you early or later.

Ok 50% a year won't make you rich... in 10 years...100.000 USD would become 6.000.000.

 

Trade safely... Remember, a high Drawdown means a high risk!
Alan (alanproject)
Jan 11 2018 at 08:15
10 投稿
Trading can make you rich.. however, it's a tough slog and initially you will most likely blow up a couple of accounts.. I blew up three before I turned it around. However, once you figure it out.. it is a skill for life which is kinda like alchemy! This journey took me 10 years.. I know people who have made it in 3 years and some still over 15 years are still trying to make it work.
Good luck!

drwei
Jan 11 2018 at 08:29
14 投稿
This is a classic post. and this is my first post in this forum.

nice to meet you everyone!

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