WHO trades forex for more than 10 years and keeps making regular profits

Very motivating to see that there are actual profitable traders out there. It takes a lot of hard work to be consistent. Some people may take longer than others, but once the profits start to materialize, the reward is pleasuring.

Hi,

I traded for a lot of years and still learning, after 20 years now I'm constantly profitable 😉

It is easy to say:
after 20 years now I'm constantly profitable

Without sharing any results here on MFB.
Anyone can say I am trading xxx years and I am profitable.

I can say I am profitable since 2010, yet my oldest account is not published as broker is gone.
Still have 5 years old profitable account [published here] which I still trade

That is very good. You have a lot of good accounts on myfxbook. How did you learn to trade? What strategy do you use? It is rare to find someone who actually has a good long term myfxbook account (and you have a few!)

We have been into forex and commodities trading for past 16+ years.
We make consistent profits 10% to 40% every month. You can check our accounts here and can contact us for further queries.
Thanks.

There is a lot of claims of profits here but not many live accounts with proof. Is everyone a scammer or are their real traders out there. It is difficult to know. If only people shared their myfxbook accounts

You will find the ones that make money will make their profiles public. If you go to the Darwinx website everyone that becomes a Darwin is graded so you can see the traders that make profits year after year.

calafoto posted:
You will find the ones that make money will make their profiles public. If you go to the Darwinx website everyone that becomes a Darwin is graded so you can see the traders that make profits year after year.

100% agreed with you , my account is also placed there and can be copied. And I've got to tell you that darwinex statistics slightly differs from myfxbook statistics.

i am more than 10 years of experience
and start to make profit since 2017 but doesnt have such statement , but now i am trying to make a statement to show my expertise
my strategy is grid , and low and high :) but i worked with this strategy for more than 10 years so i know when it should be fail or pass and i have now improved it alot

Does successful use of a grid strategy focus more on risk management than any chart patterns etc? I always though grid was a dangerous strategy to use but I have head of a few people using it successfully now

Prakon posted:
Does successful use of a grid strategy focus more on risk management than any chart patterns etc? I always though grid was a dangerous strategy to use but I have head of a few people using it successfully now

yes , try to find a perfect strategy instead focus on money management only , i give a example, in my last almost more than 200 trades didnt hit a single Stoploss, ( of course there is no stoploss in my grid strategy ) but it didnt hit yet since more than 200 trades and in those trades my account is +2100 %

so focus on strategy not only money management

i can start 100 $ again and can reach again at 2100 , becoz now i have found how to trade perfectly with my strategy , and i am improving more and more day by day :)

Prakon posted:
Does successful use of a grid strategy focus more on risk management than any chart patterns etc? I always though grid was a dangerous strategy to use but I have head of a few people using it successfully now

You need to study more.
You mix different things up.
Patterns determine the signal to open trade.
Grdit trading is more about money management, it is about adding additional position to average price.

togr posted:

Prakon posted:
Does successful use of a grid strategy focus more on risk management than any chart patterns etc? I always though grid was a dangerous strategy to use but I have head of a few people using it successfully now

You need to study more.
You mix different things up.
Patterns determine the signal to open trade.
Grdit trading is more about money management, it is about adding additional position to average price.

money management is also important , but with my point of view profitable strategy is important
if u have profitable strategy then money management will be so easy , but if ur strategy is not profitable then very very strong money management can also be fail ..

like in martingale , if ur martingale multipiler is more than 20 then any type of money management should not work , even if u have more than 100k account

but if ur martingale multiplier is less than 5 then even with 1k u can manage

so Strategy also play very important rule in profit

in my opinion strategy 80 % and money management 20 %

fxsc1lper posted:

togr posted:

Prakon posted:
Does successful use of a grid strategy focus more on risk management than any chart patterns etc? I always though grid was a dangerous strategy to use but I have head of a few people using it successfully now

You need to study more.
You mix different things up.
Patterns determine the signal to open trade.
Grdit trading is more about money management, it is about adding additional position to average price.

money management is also important , but with my point of view profitable strategy is important
if u have profitable strategy then money management will be so easy , but if ur strategy is not profitable then very very strong money management can also be fail ..



like in martingale , if ur martingale multipiler is more than 20 then any type of money management should not work , even if u have more than 100k account

but if ur martingale multiplier is less than 5 then even with 1k u can manage

so Strategy also play very important rule in profit

in my opinion strategy 80 % and money management 20 %

I like your analysis of this. Most people say one or the other but I agree that you need strategy and money management for everything to work (but strategy is more important).

Paquito posted:

fxsc1lper posted:

togr posted:

Prakon posted:
Does successful use of a grid strategy focus more on risk management than any chart patterns etc? I always though grid was a dangerous strategy to use but I have head of a few people using it successfully now

You need to study more.
You mix different things up.
Patterns determine the signal to open trade.
Grdit trading is more about money management, it is about adding additional position to average price.

money management is also important , but with my point of view profitable strategy is important
if u have profitable strategy then money management will be so easy , but if ur strategy is not profitable then very very strong money management can also be fail ..



like in martingale , if ur martingale multipiler is more than 20 then any type of money management should not work , even if u have more than 100k account

but if ur martingale multiplier is less than 5 then even with 1k u can manage

so Strategy also play very important rule in profit

in my opinion strategy 80 % and money management 20 %

I like your analysis of this. Most people say one or the other but I agree that you need strategy and money management for everything to work (but strategy is more important).

thankx for agree with me

I have been trading for 10 years, but for the first 7 years, I was learning how to trade and make the constant profit (At that period of time I traded with very small balance from $50 to $100). Only for the last three years I've reached my goals.

I am in a similar situation. I have been learning and demo trading for 8 years but still do not make profit. What helped you make the transition to a profitable trader?

Wreeves posted:
I am in a similar situation. I have been learning and demo trading for 8 years but still do not make profit. What helped you make the transition to a profitable trader?

There many books and mentors and courses around in the internet. Read, watch and listen. Feed your mind.
But be aware about scammers. There are tons of them in this industry.

And don't forget about discipline... I believe that most traders fail because of no discipline. That was very difficult for me to become disciplined trader, especially when you already have knowledge and experience.

for those who asked where did you learn trading...

for my part babypips.com ,acc to me is the best school and make no mistakes there is no such thing as taking short cuts ,you must learn the right way first therafter you can developpe your own style but you must learn the basics first