Forex is a business that needs a lot of attention and time. More than most day jobs. The reason %95 lose money is because it's available to anybody with $50 in their pocket. Majority of this market is under-capitalized fools with ridiculous wet dreams of becoming rich running around like headless chickens with their little accounts.
No you will not become a market guru or a successful trader with your $1000 account trying to scalp 5 pips. You're going to lose all your money, eventually!
No 270 pips floating loss is not big in forex at all.
And I agree with people above, successful people on this board don't 'teach or sell' anything to anybody. If you believe ; 'Oh I am so successful, now I just want to help people ' Well.. you know the old saying about a fool and his money....
What a croc of sh.. It's like saying there are no long term successful traders in any of the financial markets. Pull out your usd/jpy Daily chart and compare it to other financial markets. It's no different than any other financial instrument. Price goes up and down - shocking, isn't it ?
The only difference is other markets are not full of under-capitalized fools trying to become scalp gurus. Thanks to regulations.
Pull up your GBP/USD Daily chart. Do you see a rigged market ? a fools game ? Let me tell you, it doesn't get any easier than that. 2013 up, 2014 down - straight shot. You don't even need any indicators to make money in forex.
Only fools with big egos and small accounts scalp intraday and lose their shirt and then come here cry and whine.
No you will not become a market guru or a successful trader with your $1000 account trying to scalp 5 pips. You're going to lose all your money, eventually!
No 270 pips floating loss is not big in forex at all.
And I agree with people above, successful people on this board don't 'teach or sell' anything to anybody. If you believe ; 'Oh I am so successful, now I just want to help people ' Well.. you know the old saying about a fool and his money....
DislikedThere are no long term successful spot retails forex traders there never has bee and there never will.Ignored
The only difference is other markets are not full of under-capitalized fools trying to become scalp gurus. Thanks to regulations.
Pull up your GBP/USD Daily chart. Do you see a rigged market ? a fools game ? Let me tell you, it doesn't get any easier than that. 2013 up, 2014 down - straight shot. You don't even need any indicators to make money in forex.
Only fools with big egos and small accounts scalp intraday and lose their shirt and then come here cry and whine.