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Forex is profitable ?
Medlem sedan Dec 28, 2013
171 inlägg
Feb 07, 2019 at 14:52
Medlem sedan Dec 28, 2013
171 inlägg
Jdimitrov posted:
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4
I use H4 mainly for support & resistance analysis.
Medlem sedan Nov 09, 2018
212 inlägg
Feb 10, 2019 at 07:22
Medlem sedan Nov 09, 2018
212 inlägg
BenTrader posted:Nice expression. Could you share your simple basic things?
Yep, Traders who lose money don't trade correctly.
Trading is simple when you understand a few basic things.
(This is a rhetorical question)
P.S. 'understand' is not 'adhere'.
#AnthonyWins
Medlem sedan Aug 09, 2017
785 inlägg
Feb 10, 2019 at 07:23
Medlem sedan Aug 09, 2017
785 inlägg
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
Feb 11, 2019 at 06:47
Medlem sedan Jun 10, 2017
36 inlägg
Forex is profitable as long as you have a decent system for managing risk, aim too high and you will burn.
Medlem sedan Aug 09, 2017
785 inlägg
Feb 11, 2019 at 11:05
Medlem sedan Aug 09, 2017
785 inlägg
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
Feb 11, 2019 at 12:46
Medlem sedan Jan 17, 2019
10 inlägg
babypips is ok but it is very basic. I also think that it makes Forex sound simpler than it really is. There is a lot of analysis required for Forex and babypips just scrapes the surface
Medlem sedan Jan 11, 2019
147 inlägg
Feb 13, 2019 at 07:34
Medlem sedan Jan 11, 2019
147 inlägg
Forex is profitable as long as you are using the right strategies to place the trade. You must be completely aware of all the terminologies before placing trades in the live environment. The leverage, spreads should be kept in consideration before placing any trade. The best option to learn about the forex market is to place as much trades as you can on the demo account so that you can become familiar to market conditions, its liquidity, and volatility. Choosing a right broker also plays an important role in forex as the money makers make money when the traders lose, so in order to earn more profit, search for a pure ECN broker with lower spreads.
Medlem sedan Feb 22, 2011
4862 inlägg
Feb 13, 2019 at 07:39
Medlem sedan Feb 22, 2011
4862 inlägg
Alcides666 posted:
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game
I am sure majority of them [being profitable] are in this discussion. :)
forex_trader_458816
Medlem sedan Sep 11, 2017
124 inlägg
Feb 13, 2019 at 08:11
Medlem sedan Sep 11, 2017
124 inlägg
It is better to show your performance on your profile before you comment here. At least, it is proven and peoples can take your words 😀
Feb 17, 2019 at 07:21
Medlem sedan Sep 19, 2018
6 inlägg
AnthonyWins posted:BenTrader posted:Nice expression. Could you share your simple basic things?
Yep, Traders who lose money don't trade correctly.
Trading is simple when you understand a few basic things.
(This is a rhetorical question)
P.S. 'understand' is not 'adhere'.
1-Price goes from ranges to ranges , it can be horizontal or ascending/descending.
2-Market is fractal, it means that it repeat itself in different scale.
If you understand clearly this 2 simple things then you are ready.
And when you open a graph ( And I am speaking about every graphs, GOLD, NASDAQ, Forex pairs, etc.. )
you will understand that it always follows the same logic.
I don't have to prove anything.
If people don't want to take my words I don't care.
Do whatever is good for you.
Medlem sedan Aug 09, 2017
785 inlägg
Feb 19, 2019 at 07:40
Medlem sedan Aug 09, 2017
785 inlägg
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
Medlem sedan Apr 18, 2017
920 inlägg
Feb 20, 2019 at 06:52
Medlem sedan Apr 18, 2017
920 inlägg
georgequayle posted:
I think it takes a lot of time outside of trading.
looking at markets, reading strategies etc
This part of the process is often overlooked
Of course, it takes such a long time. That’s why, in Forex the success ratio is near about only 10%.
Medlem sedan Aug 09, 2017
785 inlägg
Feb 25, 2019 at 07:19
Medlem sedan Aug 09, 2017
785 inlägg
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Feb 26, 2019 at 07:15
Medlem sedan Feb 07, 2019
47 inlägg
if you are serious and put the effort in to learning then there is no reason why it wouldn't be profitable.
Feb 27, 2019 at 11:25
Medlem sedan Dec 22, 2017
17 inlägg
Forex is a very profitable business, but at the same time very risky. You should always be ready to change your strategy and adapt to current conditions of the Forex market
Medlem sedan Jul 21, 2018
1 inlägg
Mar 01, 2019 at 13:37
Medlem sedan Jul 21, 2018
1 inlägg
Off course! Forex is the most profitable business if you know how to actually play with it. It requires a lot of practice and research to become a successful Forex trader. It is difficult to say that you will instantly become the master of trading within a short time span. In the beginning, it’s obvious to incur losses as a part of the training time. But, in the long run it will prove its worth.
There are a bunch of factors that result in successful trading like; choosing the right broker, using the correct strategy and not focusing on any particular type of analysis. Using both Fundamental and technical analysis leads to better trading.
There are a bunch of factors that result in successful trading like; choosing the right broker, using the correct strategy and not focusing on any particular type of analysis. Using both Fundamental and technical analysis leads to better trading.
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