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WHO trades forex for more than 10 years and keeps making regular profits
เป็นสมาชิกตั้งแต่ Mar 22, 2016
45 โพสต์
May 19, 2019 at 05:33
My experience, when we know about broker, first we should choice whats their regulate. my suggest NFA USA, FCA UK, MiFid still recomm for me, savety, trust, credibel regulate
my opinion
my opinion
Founder of Number 1 Ninja Forex Strategy in The World
เป็นสมาชิกตั้งแต่ May 18, 2019
2 โพสต์
May 19, 2019 at 06:13
I have been in forex for ten years. I blew up three accounts even my forecasts almost right. It is all about pyschology and money plus trade management really. Because even if you are in the right direction sudden market movements can harm you badly. Likewise many other things. You have to be careful and full disciplined all the time. In time you develop gut about market.
Regards
Regards
god save the gbp
May 21, 2019 at 06:06
From my personal experience, consistency in the FX market is achieved through strict money management and discipline. Remember that your trading statistics are far more valuable than your profits. It's your proven track record that paints this picture. Grow and evolve with your account instead of rushing it; 'Slow and steady wins the race'.
This is the mindset that I've adopted, let's see if it pays off into the future.
This is the mindset that I've adopted, let's see if it pays off into the future.
เป็นสมาชิกตั้งแต่ Apr 11, 2019
2 โพสต์
May 21, 2019 at 13:54
I am a beginner,any advice ?Please
เป็นสมาชิกตั้งแต่ Apr 11, 2019
2 โพสต์
May 22, 2019 at 07:39
Well I am looking to invest,not sure what you mean when saying "what kind of markets and what instruments"
Thank you
Thank you
เป็นสมาชิกตั้งแต่ May 23, 2019
8 โพสต์
May 24, 2019 at 07:34
Mofokeng_Motikoe posted:
Well I am looking to invest,not sure what you mean when saying "what kind of markets and what instruments"
Thank you
e.g Forex, futures, CFds, stocks, bonds etc
เป็นสมาชิกตั้งแต่ Jun 14, 2019
5 โพสต์
Jun 16, 2019 at 07:13
I have above 10 years + in the business...and i can say we doing well for ourselves,better than your average Joe in here.
Losses are inevitable.But our strike rate is 90%.
There is no 100% clean record.that is all i can say.Most of my losses are not from being wrong from the trade i took but rather pop up fundamentals that end up scratching us out at break even and we count those as losses.That is what i mean by losses,but on the contrary predicting a wrong trade i have never done in the last 7years of my career,the first 4 years of my career were a mess though.A horrible mess...!!
conclusion:I do incure losses BUT i have never lost a trade prediction in the last 8-9 years till today.
(so there you have it.)
Hope you got the info you wanted.
regards...
Losses are inevitable.But our strike rate is 90%.
There is no 100% clean record.that is all i can say.Most of my losses are not from being wrong from the trade i took but rather pop up fundamentals that end up scratching us out at break even and we count those as losses.That is what i mean by losses,but on the contrary predicting a wrong trade i have never done in the last 7years of my career,the first 4 years of my career were a mess though.A horrible mess...!!
conclusion:I do incure losses BUT i have never lost a trade prediction in the last 8-9 years till today.
(so there you have it.)
Hope you got the info you wanted.
regards...
i owe my being to All the giants of the Industry whose shoulders i am stanging on Today.
Jun 16, 2019 at 12:18
Gowaletasia posted:
I would like to ask if there is a forex trader more than 10 years old and still generate regular profit here ?
I have traded forex actively for more than 10 years. I traded almost everyday with occasional breaks after losing. I turned a small demo account into a multi million dollar account before going live with 10k borrowed funds. That was october 2005. I really believed I was some kind of genius and calculated I would be retiring by Christmas that same year. Worst case scenario was 100k up. I lost 5k in the first two weeks and another 5k by the third month. by the end of the first year I was down 20k.
I never gave up, although I often wished I had never started. I got better and lost less as the years went by. I doubled a few accounts and even tripled one only to eventually lose most of my gains. This year, my 13th year of forex, I have doubled my money over 12 months with low risk. I have withdrawn my original stake so all money in my account is pure profit. I consider this a great achievement even though the entire forum at forex factory are profitable after a year or two
You opinion is not wrong. The stats don't lie and they are public now. Every quarter the brokers publish the stats and around 25% are profitable over 3 months. that number dwindles to 99% losers by the end of a year. Of course brokers have to market very aggressively to get new clients to replace the old. That is the business model of a broker
I believe with all the time and money I spent on forex trading, I could have much more easily trained myself to be a high earning professional and achieved a much better return for my efforts
I find it quite easy to take money from the market now with very low risk. I target 0.5% per day and regularly exceed this when a trend is in play like the recent fall in the Aussie dollar. However, there was never a guarantee this was going to happen. It was very close to a decade completely wasted. I was a very fit 40yo when I started in 2005. By my 50th birthday in 2014 I was obese and diabetic. I have lost the weight now and manage the diabetes well after learning a thing or two about discipline but it really wasn't worth that price.
There are much better, more creative and constructive endeavours for you to pursue. Doctor, Lawyer, Scientist all take hard work, time and discipline but not as hard or as long or as disciplined as trading. If you are ever able to trade profitably, you will be beating most professional traders and hedge funds if you can get 10% per year. Consistent, double figure returns are achieved by only a few, elite traders. That means you are going to need a million dollar account to make a modest 100k. Find me one forex trader, who has made a fortune from a small account. If you achieve this, you will be the first, unless I beat you to it
Anyway thats my story. Im a happy man, I appreciate the valuable things in life like health and family. Trading takes hardly anytime at all now, somedays I'm done in minutes. I don't look forward to it, its not fun, I see it as a job to do but I do get satisfaction from being this good at something after trying so hard for so long.
Having said that, I wouldn't recommend forex to my worst enemy to be honest.
Good Luck
เป็นสมาชิกตั้งแต่ Feb 22, 2011
4573 โพสต์
Jun 17, 2019 at 11:57
macdoug posted:Gowaletasia posted:
I would like to ask if there is a forex trader more than 10 years old and still generate regular profit here ?
I have traded forex actively for more than 10 years. I traded almost everyday with occasional breaks after losing. I turned a small demo account into a multi million dollar account before going live with 10k borrowed funds. That was october 2005. I really believed I was some kind of genius and calculated I would be retiring by Christmas that same year. Worst case scenario was 100k up. I lost 5k in the first two weeks and another 5k by the third month. by the end of the first year I was down 20k.
I never gave up, although I often wished I had never started. I got better and lost less as the years went by. I doubled a few accounts and even tripled one only to eventually lose most of my gains. This year, my 13th year of forex, I have doubled my money over 12 months with low risk. I have withdrawn my original stake so all money in my account is pure profit. I consider this a great achievement even though the entire forum at forex factory are profitable after a year or two
You opinion is not wrong. The stats don't lie and they are public now. Every quarter the brokers publish the stats and around 25% are profitable over 3 months. that number dwindles to 99% losers by the end of a year. Of course brokers have to market very aggressively to get new clients to replace the old. That is the business model of a broker
I believe with all the time and money I spent on forex trading, I could have much more easily trained myself to be a high earning professional and achieved a much better return for my efforts
I find it quite easy to take money from the market now with very low risk. I target 0.5% per day and regularly exceed this when a trend is in play like the recent fall in the Aussie dollar. However, there was never a guarantee this was going to happen. It was very close to a decade completely wasted. I was a very fit 40yo when I started in 2005. By my 50th birthday in 2014 I was obese and diabetic. I have lost the weight now and manage the diabetes well after learning a thing or two about discipline but it really wasn't worth that price.
There are much better, more creative and constructive endeavours for you to pursue. Doctor, Lawyer, Scientist all take hard work, time and discipline but not as hard or as long or as disciplined as trading. If you are ever able to trade profitably, you will be beating most professional traders and hedge funds if you can get 10% per year. Consistent, double figure returns are achieved by only a few, elite traders. That means you are going to need a million dollar account to make a modest 100k. Find me one forex trader, who has made a fortune from a small account. If you achieve this, you will be the first, unless I beat you to it
Anyway thats my story. Im a happy man, I appreciate the valuable things in life like health and family. Trading takes hardly anytime at all now, somedays I'm done in minutes. I don't look forward to it, its not fun, I see it as a job to do but I do get satisfaction from being this good at something after trying so hard for so long.
Having said that, I wouldn't recommend forex to my worst enemy to be honest.
Good Luck
That is very honest and clear message. What else can I add? Perhaps it is really hard to like separate personal and work life when you are trading for living. Even with fully automated trading, which is my way of making profit with forex it is necessarry to be on alert to resolve anything needed like account disconnection. This continous interference is crupling your personal life and health.
เป็นสมาชิกตั้งแต่ Dec 18, 2018
43 โพสต์
Jun 18, 2019 at 05:45
Trading from many years but it not reached at 10 but doing profit well 😐
เป็นสมาชิกตั้งแต่ Jul 07, 2015
1 โพสต์
Jul 06, 2019 at 17:02
This is my goal. Profitable within the last few years. And have automated my strategy that runs on vps so i can still live my life at same time!!
Patience & Persistence Leads to Peace Profit and Prosperity
เป็นสมาชิกตั้งแต่ May 11, 2016
2 โพสต์
Aug 14, 2019 at 14:07
macdoug posted:Gowaletasia posted:
I would like to ask if there is a forex trader more than 10 years old and still generate regular profit here ?
I have traded forex actively for more than 10 years. I traded almost everyday with occasional breaks after losing. I turned a small demo account into a multi million dollar account before going live with 10k borrowed funds. That was october 2005. I really believed I was some kind of genius and calculated I would be retiring by Christmas that same year. Worst case scenario was 100k up. I lost 5k in the first two weeks and another 5k by the third month. by the end of the first year I was down 20k.
I never gave up, although I often wished I had never started. I got better and lost less as the years went by. I doubled a few accounts and even tripled one only to eventually lose most of my gains. This year, my 13th year of forex, I have doubled my money over 12 months with low risk. I have withdrawn my original stake so all money in my account is pure profit. I consider this a great achievement even though the entire forum at forex factory are profitable after a year or two
You opinion is not wrong. The stats don't lie and they are public now. Every quarter the brokers publish the stats and around 25% are profitable over 3 months. that number dwindles to 99% losers by the end of a year. Of course brokers have to market very aggressively to get new clients to replace the old. That is the business model of a broker
I believe with all the time and money I spent on forex trading, I could have much more easily trained myself to be a high earning professional and achieved a much better return for my efforts
I find it quite easy to take money from the market now with very low risk. I target 0.5% per day and regularly exceed this when a trend is in play like the recent fall in the Aussie dollar. However, there was never a guarantee this was going to happen. It was very close to a decade completely wasted. I was a very fit 40yo when I started in 2005. By my 50th birthday in 2014 I was obese and diabetic. I have lost the weight now and manage the diabetes well after learning a thing or two about discipline but it really wasn't worth that price.
There are much better, more creative and constructive endeavours for you to pursue. Doctor, Lawyer, Scientist all take hard work, time and discipline but not as hard or as long or as disciplined as trading. If you are ever able to trade profitably, you will be beating most professional traders and hedge funds if you can get 10% per year. Consistent, double figure returns are achieved by only a few, elite traders. That means you are going to need a million dollar account to make a modest 100k. Find me one forex trader, who has made a fortune from a small account. If you achieve this, you will be the first, unless I beat you to it
Anyway thats my story. Im a happy man, I appreciate the valuable things in life like health and family. Trading takes hardly anytime at all now, somedays I'm done in minutes. I don't look forward to it, its not fun, I see it as a job to do but I do get satisfaction from being this good at something after trying so hard for so long.
Having said that, I wouldn't recommend forex to my worst enemy to be honest.
Good Luck
What you say sounds great. Thanks for the story you shared.
I am a Vietnamese trader, I have about 5 years of experience. I always feel respect for people like you.
Forex Trading Blog
Aug 19, 2019 at 12:49
I started trading in 2005 and like you had some successes, some losses and periods of time when I got mad and didn't trade for months. By 2014, I decided I had to get into some program that had mentoring and worked with a system that was able to decode the methods of the Big Banks to talk to each other via the charts.
Starting with a small account, I have had profitable months in every month since June 2014. I am conservative in the amount of my trades and have a 88% winning percentage over thousands of trades. As you might assume, my profits have increased my original equity over twenty times since I don't take money out of my account except for expenses.
The secret is education. For years I thought I could beat the market with a high IQ and listening to traders, using miracle EAs, or various gurus/ WRONG.
You have to learn why and how the Big Boys structure the market. What is their next probable move within that structure. What is my entry point and exit point. Then do it all again every day;that is the way to consistent profits.
Starting with a small account, I have had profitable months in every month since June 2014. I am conservative in the amount of my trades and have a 88% winning percentage over thousands of trades. As you might assume, my profits have increased my original equity over twenty times since I don't take money out of my account except for expenses.
The secret is education. For years I thought I could beat the market with a high IQ and listening to traders, using miracle EAs, or various gurus/ WRONG.
You have to learn why and how the Big Boys structure the market. What is their next probable move within that structure. What is my entry point and exit point. Then do it all again every day;that is the way to consistent profits.
เป็นสมาชิกตั้งแต่ Sep 05, 2018
3 โพสต์
Aug 20, 2019 at 00:48
Anyone tried running a PAMM?
"/"
เป็นสมาชิกตั้งแต่ May 20, 2018
1 โพสต์
Aug 21, 2019 at 13:16
😎
Mahfuz
เป็นสมาชิกตั้งแต่ Feb 22, 2011
4573 โพสต์
Aug 22, 2019 at 07:25
It is not strange if you keep trading forex for 10+ years because you are profitable.
Let me rephrase the question, is there anybody trading for 10+ years and still losing money?
I would like to know your motivation:)
Let me rephrase the question, is there anybody trading for 10+ years and still losing money?
I would like to know your motivation:)
