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DavidWilks
Is forex is best source of income?
在
新手交易员
中
Aug 27, 2022 at 14:21
Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.I have no secret, no magic setup. Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over ...
90% are loser ..why ?
在
新手交易员
中
Aug 27, 2022 at 14:20
Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.I have no secret, no magic setup. Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over ...
Why are some traders successful?
在
一般
中
Aug 27, 2022 at 14:19
Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.After 8+ years of being a profitable trader, every single trader I have 'known' has failed and stopped except me.I have no secret, no magic setup. Just the right combination of talent, intelligence, risk appetite, bankroll management, 'balls', insight, and dedication to succeed.I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, consistently have win rates over ...
Can forex trading make you rich ?
在
一般
中
Aug 27, 2022 at 14:18
Lots of ways to make money.Forex trading is hard for 95%+ to be profitable long term. If you can't trade, just stop and buy dividend stocks, real estate etc.After 8+ years of being a profitable trader, every single trader I have "known" has failed and stopped except me.I have no secret, no magic setup. Just the right combination of talent, intelligence, risk appetite, bankroll management, "balls", insight, and dedication to succeed.I have flipped countless accounts from $500 and grown to $2k+, made $20k in a little over a month, had over 70 trades in a row go my way, co...
Any 500 to 1 leverage brokers left?
在
一般
中
Jun 07, 2022 at 02:23
You shouldn't be trading over 50:1 leverage. Anything above that is scammer style/ boiler room/ bucket shops, preying on greedy ignorant rubes/proles.Stick with a regulated broker like Oanda.
Is trading hard?
在
一般
中
Jun 07, 2022 at 02:21
There's a reason roughly 90% fail. As one of the few to survive over seven years of trading forex now, and even longer for stocks, compared to the 7+ billion people. Every person who tried to get started after seeing me trade that I knew quit.
Mind or Machine? What’s Better For Forex Trading?
在
一般
中
Jun 07, 2022 at 02:17
A good trader is going to be very hard to beat when you can analyze a market on the fly.An EA/ structured system is going to maybe have a slight edge if you can scale it up enough.But if you had to use one versus the other, and gave them a limit of say, ten trades a week, and no more. I would bet the human, doing manual trades would win.
Why are some traders successful?
在
一般
中
Jun 07, 2022 at 02:14
I think one of the most consistent things that helped me was always being objective, and never thinking you are too good to learn more.Having a love of learning, and reading daily, always trying to improve.
What creates an advantage of best traders?
在
经验丰富的交易员
中
Jun 07, 2022 at 02:11
Being a perpetual student. Never quit trying to improve, be humble. Strive to learn something every day.
How much should you invest in trading
在
经验丰富的交易员
中
Jun 07, 2022 at 02:09
Most people start with a demo/practice/paper trading account. But you need to get started to be used to trading real money. Open a micro account and trade like $100 for $1 trades.Plan out your trades on the fake account first, then after at least 15 minutes to an hour of watching it develop, open the same trade on the real account.
How to answer what do you do for a living?
在
经验丰富的交易员
中
Jun 07, 2022 at 02:06
Forex trading is easy to explain, if you can't explain it well, it is an indicator that you have yet to truly understand it.
How to determine whether the platform is safe and reliable?
在
经验丰富的交易员
中
Jun 07, 2022 at 02:05
Been using Oanda for over seven years, they're fantastic!
How does experience come?
在
经验丰富的交易员
中
Jun 06, 2022 at 17:16
You need time in the tape. Jump in with a $100 account and do $1 trades, best way to learn.
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