Dislikedhaha, obviously nobody is happy with being in that category. You gotta walk the extra mile to switch over to the other category. Will take lots of thinking, sacrifice and time.Ignored
Here's the answer to "Can I make a living from forex" 262 replies
Living in China, trading for a living 18 replies
Forex Trading for a living... anyone? 143 replies
Just Curious...Has anyone here consistantly made $$$ trading with Forex.com? 4 replies
is it a game or job?anyone makes his living by forex? 16 replies
DislikedCustos,
Very true indeed and very good advise as well.
Mentally it is very hard for people to grasp the understanding that a loss is part of a sucessful trading method. The most important part of that method has to be the money management process.
I am fotunate to have a methology in place that both in system and M/M allows me a buffer for loss and a better than averagr % for my win.
My sucess in not measured by each trade but rather by my weeks end total and a strong degree of M/M.
I will not make a million dollars tomorrow...but I do trade...Ignored
DislikedI first started trading when I was 16 (that was 5 years ago). At that time I was just like a little kid in front of a candy store - watching all the little digits and lights flashing and all the charts go up and down I wanted to buy/sell everything. One year and about 10 demo accounts later I've managed to determine a somewhat good trading system... And I went live. I used all of my personal savings till that moment. In three months I went bust. Why...? Because couldn't help watching a losing position so I opened bigger ones to cover the previous...Ignored
DislikedI first started trading when I was 16 (that was 5 years ago). At that time I was just like a little kid in front of a candy store - watching all the little digits and lights flashing and all the charts go up and down I wanted to buy/sell everything. One year and about 10 demo accounts later I've managed to determine a somewhat good trading system... And I went live. I used all of my personal savings till that moment. In three months I went bust. Why...? Because couldn't help watching a losing position so I opened bigger ones to cover the previous...Ignored
Dislikedhi all...
I mean, average Joe just like me, who put aside some money and start trading, can we earn a living from trading forex?
Not the big institutes and rich one who have billions in their capital
Is just that after a year and 3 months learning, and demo on forex, i started to doubt i can make any money from it.
I have several demo account, the best one have some earning from the initial deposit, but what confusing to me is..
- if i follow any system, i will lose money
- if i i follow any sets of indicators, i will lose money
-...Ignored
DislikedHey, you can make money from it. Don't let time determine whether you can or cannot. I don't know what you count as an average joe but i know people personally that are well off from forex. 1 year 2 months is still a little premature.
You know what you should do, stick to one system for now.. even if you lose it might be a bad day for that system and if its constantly losing then switch systems.
one of my best friends brother was a IB or a trader for the leading provider for banking, insurance, etc. in australia. (we have some of the most powerful...Ignored
DislikedHey, you can make money from it. Don't let time determine whether you can or cannot. I don't know what you count as an average joe but i know people personally that are well off from forex. 1 year 2 months is still a little premature.
You know what you should do, stick to one system for now.. even if you lose it might be a bad day for that system and if its constantly losing then switch systems.
one of my best friends brother was a IB or a trader for the leading provider for banking, insurance, etc. in australia. (we have some of the most powerful...Ignored
Dislikedanother 2 weeks + since i posted this
another 2 weeks time wasted
i still going no where...
sigh
i not like to waste timeIgnored
Dislikedanother 2 weeks + since i posted this
another 2 weeks time wasted
i still going no where...
sigh
i not like to waste timeIgnored