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Can forex trading make you rich ?
em
Geral
Dec 13, 2017 at 09:44
For this question, I have an opinion:Forex is an investment... not a get rich scheme. People must understand that someone can get rich in Forex the same way someone can get rich in Las Vegas. I did that when I started in Forex... I transformed 7.500 in 60.000 in a couple of months... but I lost 20.000 in Brexit!!! I stopped trading and I started to study before trading again...A lot of people did a fortune in BREXIT, the same way a lot of people are doing fortune with cryptomoney... mostly lucky!I trade Forex to get something better than the 10%/year. After 2 years studying, I can say 30%/year...
90% are loser ..why ?
em
Novos Negociantes
Dec 10, 2017 at 08:42
90% of traders lose 90% of money in 90 days...Yes, that is the truth about Forex.And why?1)Most Forex brokers prefer to work like Cassinos.2)Most Forex traders prefer to gamble than trade.When a broker offers 500x leverage, it is offering a lie. If you use 2x keverage, a 50% move in price is needed to wipe out your money, a 3x leverage - 33%, a 500x leverage - 0,2%!!! A novice trader must trade using a maximum 2-3x leverage. But what we see is not that...The false ilusion of easy money. 20-50% monthly in Forex is a lie... You can have this result for a couple of months and after that you will...
Best Forex Signal Provider Granitico (431)
em
Sistemas de Negociação
Aug 18, 2017 at 10:35
Yes, I know that, it is a very short time to say anything. I trade Forex since December 2015. I am a very lucky guy... I started with 7.500 USD and now I have more than 100.000 USD. But in the last 6 months I had some health issues (Depression)... and you know, trade is a psychological game... If your mind is not sharped tp trade... stay away. And a signal provider can help you...but.... But is very difficult to find a good sinal. And If someone survived trading for more than 3 years with profit, you must look what he is doing in my opinion. I started trading again in a micro account (yes, the...
Best Forex Signal Provider Granitico (431)
em
Sistemas de Negociação
Aug 17, 2017 at 06:35
I am using this signal since August.1) Correct, it is a hedging (or grid or Martingale). It use XM micro account to trade nanolots. 2) The account size is big (10.000 Euro). Trading nanolots is the same you have a 1.000.000 Euro account and trade microlots. So the chance to wipe out account is very low indeed.3) Because my account is in the same broker (XM), I don´t see any difference between trades.4) The drawdown since August is very low... under 1%. I can´t say in the last 4 years. But after six month I will update here.Since I am getting good results, I will keep it running. I ...
Best Forex Signal Provider Granitico (431)
em
Sistemas de Negociação
Aug 15, 2017 at 06:30
OK, so you are saying that the DD is not correct, and the trader can fraud the comm between broker and MyfxBook?So, If I trade 4 years and list my account at MyFxbook, it will not read the DD correctly??? I don´t think this is possible. Ok, maybe during the day we can have higher DD, but at the end of the day the MyFxBook system will calculate the DD based in the close price.
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