I have to know the general opinion around here.
There is one trader here who firmly believes that its IMPOSSIBLE to make 10 percent month on forex.
And the best part... he says that lucky are the ones who can do it in one year.
He stated that, with 10 percent, soon a trader would own the world, but i tried to explain that at some point your money cant be leveraged so eventualy you will get less percentage despite continuing to make a lot.
What i mean is that.... Ok its not possible to win 10 percent forever, but its possible to win 10 percent for many years especially if you start with few, and you can do it as long as your money can be leveraged with the same margin it was at the beggining.
So... im not saying that its possible to make 700000000000000000 dolars because brokers CANT leverage that much.
If we invest without leverage we see that currencies have tiny variations, but hey, thats why leverage even lower ones are around.
PS: This guy is one of that forum Gurus that claim to be trading for over 13 years. I guess that with that 10 percent year he has only 3 times the beggining ammount. Ridiculous.
What do you all have to say?
There is one trader here who firmly believes that its IMPOSSIBLE to make 10 percent month on forex.
And the best part... he says that lucky are the ones who can do it in one year.
He stated that, with 10 percent, soon a trader would own the world, but i tried to explain that at some point your money cant be leveraged so eventualy you will get less percentage despite continuing to make a lot.
What i mean is that.... Ok its not possible to win 10 percent forever, but its possible to win 10 percent for many years especially if you start with few, and you can do it as long as your money can be leveraged with the same margin it was at the beggining.
So... im not saying that its possible to make 700000000000000000 dolars because brokers CANT leverage that much.
If we invest without leverage we see that currencies have tiny variations, but hey, thats why leverage even lower ones are around.
PS: This guy is one of that forum Gurus that claim to be trading for over 13 years. I guess that with that 10 percent year he has only 3 times the beggining ammount. Ridiculous.
What do you all have to say?