How to earn more? Real advice from experienced traders.

And you trade pretty great, as I can believe your words @WhiteWitcher

Summarizing your words, I decided to reconsider my strategy. I want to try using a large leverage and lot size. Also review risk management.
By the way, what level of drawdown do you have? What do you focus on when choosing a particular level?

Rococo_XVII posted:
And you trade pretty great, as I can believe your words @WhiteWitcher

Oh that is pleased me. I would like to have as much faith in myself as you are. Lol.

What leverage do you trade dude??

Rococo_XVII posted:
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?

Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.

I would like to hear real advice from real traders. Or to hear those who are in the same position as me.

That is why I create this thread. Welcome.

I suggest you find brokers with bonuses and high leverage. also, referral rebates are really tasty :D . just consider that with a high leverage you should be really good with your trading strategy, otherwise this may cause you big problems.

Electra0Green posted:

Rococo_XVII posted:
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?

Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.

I would like to hear real advice from real traders. Or to hear those who are in the same position as me.

That is why I create this thread. Welcome.

I suggest you find brokers with bonuses and high leverage. also, referral rebates are really tasty :D . just consider that with a high leverage you should be really good with your trading strategy, otherwise this may cause you big problems.

Oh bonuses are something for those who are completely insecure about their trading. I would advise only beginners to use the bonus. And then not for long. Otherwise, you can get used to it. And good things tend to come to an end.

DenverRRR posted:
What leverage do you trade dude??

Oh if you asks me I trade with the leverage of 1:200.

WhiteWitcher posted:

DenverRRR posted:
What leverage do you trade dude??

Oh if you asks me I trade with the leverage of 1:200.

Great. I'm not that brave yet dude. And I don't trade large amounts. Therefore I chose a leverage of 1:500.

DenverRRR posted:

WhiteWitcher posted:

DenverRRR posted:
What leverage do you trade dude??

Oh if you asks me I trade with the leverage of 1:200.

Great. I'm not that brave yet dude. And I don't trade large amounts. Therefore I chose a leverage of 1:500.

And why not more? I would take more if I were you.

WhiteWitcher posted:

DenverRRR posted:
What leverage do you trade dude??

Oh if you asks me I trade with the leverage of 1:200.

Great. But I trade with leverage 1:100. Must be to open account with higher leverage.

Electra0Green posted:

Rococo_XVII posted:
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?

Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.

I would like to hear real advice from real traders. Or to hear those who are in the same position as me.

That is why I create this thread. Welcome.

I suggest you find brokers with bonuses and high leverage. also, referral rebates are really tasty :D . just consider that with a high leverage you should be really good with your trading strategy, otherwise this may cause you big problems.

Never considered bonuses for trading. Always thought it was such a topic for crooks. How long have you been trading with bonuses?

alYassinjaff posted:

DenverRRR posted:

WhiteWitcher posted:

DenverRRR posted:
What leverage do you trade dude??

Oh if you asks me I trade with the leverage of 1:200.

Great. I'm not that brave yet dude. And I don't trade large amounts. Therefore I chose a leverage of 1:500.

And why not more? I would take more if I were you.

What leverage is this? 1:1000? Does such a thing exist?

alYassinjaff posted:

DenverRRR posted:

WhiteWitcher posted:

DenverRRR posted:
What leverage do you trade dude??

Oh if you asks me I trade with the leverage of 1:200.

Great. I'm not that brave yet dude. And I don't trade large amounts. Therefore I chose a leverage of 1:500.

And why not more? I would take more if I were you.

This is the broker's maximum leverage. I wonder what leverage you trade dude?

Well each broker his its own large leverage.

Oh I do not even know brokers with the leverage higher than 1:200. Lol.

What will happen if I tell you that I saw an advertisement with broker with a leverage of 1:1000??

Oh Lord. What kind of brokers are these? It is unlikely that they are regulated by any regulation with such conditions.

Electra0Green posted:

Rococo_XVII posted:
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?

Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.

I would like to hear real advice from real traders. Or to hear those who are in the same position as me.

That is why I create this thread. Welcome.

I suggest you find brokers with bonuses and high leverage. also, referral rebates are really tasty :D . just consider that with a high leverage you should be really good with your trading strategy, otherwise this may cause you big problems.

Today, there are systems to optimize spreads and therefore minimize all your costs. for example when I place a lot I am paid $2 by the platform so this allows me to increase this income and minimize losses when there are any

PrivateInvest33 posted:

Electra0Green posted:

Rococo_XVII posted:
Hello.
I have been trading for 3.5 years now. During this time, it happened that I blew up account and started over. It turned out to get profit, of course. But I still do not have a really good and stable income.
Because of that Forex became for me like an element of game or hobby. I don't feel that forex trading is hard work, but good profits. I do not feel stability in this way of earning.
Have you experienced something like this?

Just please do not mention about learning fundamental analysis or deeper technical analysis. This is what I do all the time.

I would like to hear real advice from real traders. Or to hear those who are in the same position as me.

That is why I create this thread. Welcome.

I suggest you find brokers with bonuses and high leverage. also, referral rebates are really tasty :D . just consider that with a high leverage you should be really good with your trading strategy, otherwise this may cause you big problems.

Today, there are systems to optimize spreads and therefore minimize all your costs. for example when I place a lot I am paid $2 by the platform so this allows me to increase this income and minimize losses when there are any

Good point brother. Since I'm scalper I also use heavily Hotforex rebates which improve trading profitability. There is undoubtedly rewards for active traders, many brokers offer them.