I would like to ask if there is a forex trader more than 10 years old and still generate regular profit here ? I'm sorry to ask this because I see the portfolio of several forex winners here on other contests they lose a lot, inconsistent my opinion for long term 100% forex traders must have lost therefore many brokers give a lot of bonuses please let me know if my opinion is wrong 😐
trade about 15 years ... with good results only in last 8 years ..
first 7 years with no great result ...
99,9% lose or have no result .. or about 0-2% month if take total years.
and only 0,1% can get 5% month or more with small stable DD no more than 8-10%. I talk about 5-7-10 years of stable trading.
20% of this 0,1% .. about 20% may be smaller have stable profitable robots ...
so in total it about 0,02% ... - of course if someone really have profitable robot he NEVER sell that.
this is reality of market ... very very small percent of people can trade stable in profit many years, more than 50% of success trading is in psychology ... if you have profitable manual system it not mean than you get profit if you can't control yourself ... main enemy is not market or crowd of bulls or bears ... main enemy, main 'dragon' is inside yourself ... if you can control this dragon - you control the market.
I have more than 10year trading experience but only become profitable from last few years only and recoverd my losses. What I have learned from my trading experience that trading strategy is only 20% of a trading system other most important thing is trading psychology and money management. Now my motto for trading is Plan your trade and Trade your plan.
The market will trade through it’s path of least resistance .
Profitable trading is about keeping it super easy. I am sure most people can make 10 pips a week and then stop. First be happy to make 1 Dollar a week for the next 4 weeks. Then 2 Dollars a week for the next 4 weeks ect ect. If you try for 100 dollars before you learn to make 1 dollar, the odds of being profitable are against you. Small bites over a long period of time is better than big bites over a short period of time which normally equals failure again and again
You only need one good trading strategy or you are just gambling.
14 years of experience. Since around 5 years regular profit. Earlier I traded on demo account and been trying to learn all what's available. Follow my signal to check how am I going. I prefer 1-3% profit monthly its enough for me to get a stable income every year. DD around max 8%
Yazzitsu posted: 14 years of experience. Since around 5 years regular profit. Earlier I traded on demo account and been trying to learn all what's available. Follow my signal to check how am I going. I prefer 1-3% profit monthly its enough for me to get a stable income every year. DD around max 8%
ho can follow your signal? good dd.. have any website or service like mql5