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BluePanther
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Can forex trading make you rich ?
in
General
Oct 28, 2018 at 15:12
PATIENCE: I have been holding these trades for a week waiting for AUD comeback... Watch the higher timeframes and market directions, trendlines, S/R, Fib, etc.I experienced DD close to $800k, and managed to pull some nice profits this week of $400k as market has moved down and retraced.Money makes money. Start small, but you will grow with time and patience.Happy trading!https://www.myfxbook.com/files/BluePanther/Clipboard15.jpg
Forex is profitable ?
in
General
Oct 28, 2018 at 09:42
Here's another gem:https://optimusfutures.com/tradeblog/archives/how-to-look-past-your-trading-biases/Worthwhile reading. Enjoy!
Forex is profitable ?
in
General
Oct 28, 2018 at 09:41
You might also like to read this too:https://dailypriceaction.com/articles/is-forex-trading-gamblingBut forex can be a profitable venture if you "get lucky"! 😎
AUDUSD bullish
in
Experienced Traders
Oct 28, 2018 at 09:39
I'm Long AUDCHF... hope it stays bullish!
EUR/USD
in
Experienced Traders
Oct 28, 2018 at 09:38
EU just broke down-channel! Nice call!
Forex is profitable ?
in
General
Oct 28, 2018 at 08:52
Trading is NOT an exact science. Please read this:https://optimusfutures.com/tradeblog/archives/3-tips-to-trading-unpredictable-markets/Happy trading! 😎
New in forex trading
in
New Traders
Oct 28, 2018 at 08:51
Before you start (or if you are still struggling in forex), please read this:https://optimusfutures.com/tradeblog/archives/3-tips-to-trading-unpredictable-markets/...and this:https://optimusfutures.com/tradeblog/archives/how-to-look-past-your-trading-biases/...and this:https://dailypriceaction.com/articles/is-forex-trading-gamblingMy suggestions:- Don't trade with less than $10,000 (read: under-capitalisation)- Don't open large positions when you start (read: over-leveraging)- Don't believe ANYONE that claims they are an expert and can read the market and guarantee your returns! (r...
Can forex trading make you rich ?
in
General
Oct 28, 2018 at 08:15
I might add: it took me ten long years to figure out NO EXPERT ADVISOR will make you rich. Part of the reason I kept trying robots was because I was putting in 80+ hours a week working at three J.O.Bs (Just Over Broke).The reason robots will NEVER make you rich is because robots stick to rules VERY WELL. But, if an EA exists that makes 800% per month it is surely not public!Sure I made rookie mistakes: over-leveraging, under-capitalising, entering poorly, etc. But if you want to get rich there is no easy shortcut: you must do the hard yards and put in the effort to learn and fail - sometimes m...
Can forex trading make you rich ?
in
General
Oct 26, 2018 at 09:08
Proper trading is not meant to be exciting. It is supposed to be quite boring because you are holding positions for days or weeks, and it can take a while to close them. It is a waiting game and it is all about patience!If your trading is exciting (like mine) you are probably doing something wrong: eg. gambling, taking excessive risks, living dangerouslyI don't advise you to do the same. Try to be patient and play it safe. Be a millionaire... slowly.
Can forex trading make you rich ?
in
General
Oct 26, 2018 at 09:06
Sorry, how rude that I should end the discussion here. Allow me to speak on behalf of the majority (I think):a) markets are not predictable, guaranteed, foreseeable, always behaving as expected.b) a true trader will (usually) lose money before they become successful as a trader.Proof to the contrary is welcome, however, especially in the case of a) I would not believe proof unless I could experience the results myself!My statements can be proven by many forums, traders, market news, market behaviour, etc.Hope this satisfies your query.Happy trading!
Can forex trading make you rich ?
in
General
Oct 26, 2018 at 08:55
I'm sure you can answer your own question.Thanks.
Can forex trading make you rich ?
in
General
Oct 25, 2018 at 12:43
Then they should not even attempt. Trading is not easy. If a trader:a) is not willing to commit considerable sums at risk,b) and have a stable income to pay for food and rent,then they are in NO POSITION to attempt trading.Unless they find a "safe" signal or EA (??) Good luck!
Can forex trading make you rich ?
in
General
Oct 25, 2018 at 12:36
"Forex trading is difficult. I started trading forex because I wanted to get rich without working hard. Simple. I’ll admit, I got sucked into the typical marketing hype that we so often see in the industry, but the reality of forex trading is, it’s bloody hard.I’ve lost count of the number of traders who claim to be professionals, produce a sexy myfxbook, stroke my ego and then disappear. Never to be heard of again. This industry (and maybe life in general?) is full exaggerations and bullshit. If someone tells you they’re making money trading, I’ll bet you a ...
Can forex trading make you rich ?
in
General
Oct 25, 2018 at 12:34
You might like to read "Trading is gambling":https://www.mql5.com/go?link=http://dailypriceaction.com/articles/is-forex-trading-gambling“The best laid schemes o' mice an' men / Gang aft a-gley.” - Robert Burns
Can forex trading make you rich ?
in
General
Oct 25, 2018 at 12:28
I agree with you:- I do gamble; if anyone can predict the market they are lying.- If anyone is profitable from day one, they are probably also lying.- What works for me will not work for someone else; everyone should find what works for them.I leave you with some quotes to ponder:"The difference between an experienced trader and a beginner is that the former has lost more money." - Zorro Project"To turn $100 into $110 is work. To turn $100 million into $110 million is inevitable." - Edgar Bronfman, Sr.
Can forex trading make you rich ?
in
General
Oct 25, 2018 at 06:51
Trading is not a science. You must adapt to market. Do not have rigid rules, else you may lose or miss opportunities.No specific parameters, basically only:The larger your timeframe, the stonger (more accurate) the signal. eg. compare 1m/5m to Daily/Weekly.
Can forex trading make you rich ?
in
General
Oct 24, 2018 at 14:19
The larger your timeframe, the stonger (more accurate) the signal. eg. compare 1m/5m to Daily/Weekly.
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Oct 24, 2018 at 10:21
Reasons why you should NOT trade cryptocurrencies
in
Crypto
Oct 24, 2018 at 06:19
"Fixed" supply you say? I do not agree: supply can be manipulated as easily as IP addresses were increased from IPV4 to IPV6 (source: https://en.wikipedia.org/wiki/IP_address).Anything in a computer can be manipulated. Only physical assets (eg. gold, silver) cannot be.
Can forex trading make you rich ?
in
General
Oct 23, 2018 at 14:20
Thanks.New plan = trading plan? Please see above.New plan = future plan? Capital preservation "of course"! Separate funds to individual accounts, and set with automated strategies (which earn less). Keep one account for my gambling. 😀
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