Чтобы пользоваться чатом, пожалуйста, войдите в систему
Обратно к контактам

Can forex trading make you rich ?

vontogr (togr)
Apr 20 2018 at 07:21
4862 комментариев
mlawson71 posted:
NoahMartin posted:
Generally the answer is big NO.
Only rich in knowledge, effort, dedication, passion in forex trading can make you rich.

The alternative is to be a executive at a big broker, that can also make you rich. :D

Good idea :)
kieran (snapdragon1970)
Apr 20 2018 at 11:57
1948 комментариев
"They mistook leverage with genius".
Matt (BluePanther)
Apr 20 2018 at 13:40
1357 комментариев
snapdragon1970 posted:



#1 CHOOSE THE RIGHT BROKER
Do not use a Market Maker broker as Anton talks about in that video.
Choose an ECN / STP broker: https://www.luckscout.com/the-difference-of-true-and-false-ecnstp-brokers/

tigerr
Apr 20 2018 at 17:23
2 комментариев
Man what the heck are you guys doing... don't go blowing up your accounts like that. Ok newbies, seriously, just get yourself some time and get a grid hero or rhino or evonight, and don't overkill the risk while you're at it either. IC Markets is freaking good for range markets trading, take advantage of it. And get a birt TDS2 or tickstory and quantanalyzer, you will need the damn 99.90% tick data, so many of you are testing your strategies on 90% tick data or 25% tick data and wondering why your strategies don't work on live, #LOL? These data only work on certain brokers under certain conditions and apply to certain strategies, and I'm not free to elaborate on that. If you know python, R, neural networks and machine learning, all the more better, you will learn faster than 90% of the noobs here. Just pay for them, it will save you a ton. If you guys are entering the markets without a damn strategy, yes you will lose all your money and you will be wondering why and crying like mad.

Jesus von, help educate these noobs man, so many of them are like chickens at a slaughterhouse.
NoahMartin
Apr 20 2018 at 17:25
17 комментариев
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D

Yeah. You got that right. One need to take care of charges and services when choosing the broker. It can make them convenient or broke.
kieran (snapdragon1970)
Apr 20 2018 at 18:03
1948 комментариев
BluePanther posted:
snapdragon1970 posted:



#1 CHOOSE THE RIGHT BROKER
Do not use a Market Maker broker as Anton talks about in that video.
Choose an ECN / STP broker: https://www.luckscout.com/the-difference-of-true-and-false-ecnstp-brokers/



I think he's referring to his own business model were the IB agreement favors members that trade the house money or their own with monthly credits, as for the individual ECN/STP is better.
"They mistook leverage with genius".
Nasrul
nasrul_poyo
Apr 21 2018 at 12:11
124 комментариев
Sincerely, i have trading more than 5 yeara, and i still not achieve financial freedom. And now, i think i'm the right way to achieve it. Believe me, to become successful trader, it is based on your hardwork to it. Don't ever think you will be rich with others people style. Every trader have different style. Just do based on your style and struggle for it. Knowledge? Learn from basic and trade based on that basic. Don't ever think you will be rich in a short time period. It really takes time unless you have big money to start with.
DPG1968
Apr 21 2018 at 12:17
24 комментариев
😁
tigerr posted:

Jesus von, help educate these noobs man, so many of them are like chickens at a slaughterhouse.

Who's 'Jesus von' mate? 😁
AniLorak
Apr 22 2018 at 06:07
920 комментариев
NoahMartin posted:
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D

Yeah. You got that right. One need to take care of charges and services when choosing the broker. It can make them convenient or broke.

Yes, broker is an important issue here; but till now trading skill is much important and incomparable.
Matt (BluePanther)
Apr 23 2018 at 03:19
1357 комментариев
AniLorak posted:
Yes, broker is an important issue here; but till now trading skill is much important and incomparable.

It doesn't matter how successful you are as a trader: you could be a 'George Soros trading prodigy' but if you use a Market Maker broker you will never win in the end. A Market Maker is a casino: you won't prevail against the house; the odds will always be stacked against you.

Choosing a broker with a transparent business model (ECN/STP) and in a well-regulated country is IMPERATIVE to level the playing field. Trading is a constant battle with the market - you don't need a broker that actively works against you also.

#1 Choose the right broker.
#2 Trade well.
xmhtr
Apr 23 2018 at 06:51
1 комментариев
Yes it can, with consistent profit. Takes discipline, knowledge, and patience though.
vontogr (togr)
Apr 23 2018 at 06:57
4862 комментариев
BluePanther posted:
AniLorak posted:
Yes, broker is an important issue here; but till now trading skill is much important and incomparable.

It doesn't matter how successful you are as a trader: you could be a 'George Soros trading prodigy' but if you use a Market Maker broker you will never win in the end. A Market Maker is a casino: you won't prevail against the house; the odds will always be stacked against you.

Choosing a broker with a transparent business model (ECN/STP) and in a well-regulated country is IMPERATIVE to level the playing field. Trading is a constant battle with the market - you don't need a broker that actively works against you also.

#1 Choose the right broker.
#2 Trade well.

well said
Mohammadi
May 02 2018 at 05:40
886 комментариев
In Forex , Trading in style of gambling is much dangerous where trader not plans what he should do he does trading for sake of do or die. It is not good way of trading. it can be managed with different ways if you want , but gambling is a way to loss.
Tiffany (TiffanyK)
May 03 2018 at 09:13
427 комментариев
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D
Hahaha Exaclty !
Baldo (BaldoN)
May 03 2018 at 13:46
522 комментариев
TiffanyK posted:
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D
Hahaha Exaclty !

or a share holder :)
vontogr (togr)
May 03 2018 at 14:35
4862 комментариев
BaldoN posted:
TiffanyK posted:
mlawson71 posted:
The alternative is to be a executive at a big broker, that can also make you rich. :D
Hahaha Exaclty !

or a share holder :)

Share holder do not make as much money as good forex trader.
Orangotang
May 04 2018 at 12:21
51 комментариев
Elitefxsniper posted:



It was fun to read all these posts ...
You're all crying, how hard ...
But what's easy? Is it easy to win the Olympic Games ?
...Success in any field is always difficult.

STOP CRYING !
JUST DO IT )))


well put there is no shortcut to success anywhere except maybe winning the lottery
Prayer is the True Power that controls the World.
Orangotang
May 06 2018 at 05:55
51 комментариев
BluePanther posted:
DPG1968 posted:
Freedom can make you rich. Love can make you richer. As about FX? It can make you wealthy, yes.

You truly have words of wisdom.

I have wasted ten years chasing forex 'riches' and still have nothing.
I would have true riches by helping my fellow human. Real personal satisfaction.
I only have loneliness to show for all my efforts.

But enough sympathy-pains: surely I will get materially rich soon and then I can have the satisfaction of helping others...?
Am I deluding myself?
i can attest to this almost clocking my 10th year and still i have nothing to show for my effort what a bammer. I hate forex and love it at the same time.
Prayer is the True Power that controls the World.
Orangotang
May 06 2018 at 05:55
51 комментариев
AniLorak posted:
Pikasso posted:
forex can make you rich if you will trade systmatically with low risks and it is better if your trading system is automated. It will exclude human factor to break the rules.
Have you ever seen any successful trader with the automatic trading system? I’m asking because, I see all of successful Forex traders trade manually!
i alson noticed this thats why i steer of EAs.
Prayer is the True Power that controls the World.
Orangotang
May 06 2018 at 05:55
51 комментариев
livegood3 posted:
I earn over $6600 today with larger volume trades on GBPUSD, Im not rich but hey, it pays a heck of a lot more pay then my day job
i cant wait for the day i will be closing such a position in a day,. though am confident it will be very soon
Prayer is the True Power that controls the World.
Пожалуйста, войдите в систему, чтобы комментировать .