DislikedThere are no long term successful spot retails forex traders there never has bee and there never will.Ignored
Are there any successful technical traders? 19 replies
Are there actually any profitable traders on Forex Factory? 6 replies
Are there any famous and successful news traders? 2 replies
Are there any long term successful Forex investors 21 replies
DislikedThere are no long term successful spot retails forex traders there never has bee and there never will.Ignored
Disliked+1 Psychology of Losing and accepting a loss this is one of the most important thing in trading as long as you do not understand this you will probably never be a profitable trader. Quoting Jest1081 - I will accept my losses. - I understand that losing is just part of the game. - I know that as long as I have a fear for losing, I have a problem. - I will tweak my midset to accept the fact that I will face losses. - I know losing is inevitable no matter what my system is. - I will keep in mind that losing one fight is just another step to winning...Ignored
Dislikedconnect, Be wary of the commercial vendors here on FF - if they were truly successful, why would they need to be peddling their EAs, indicators, systems,etc? The very fact they earn money by selling products proves they're not successful traders. If you have the goose that lays the golden eggs, you never sell it.Ignored
DislikedFollow the rules strictly you could win now or later. And follow the FF rules also while opening a new thread.Ignored
DislikedOf course there are OP, but they tend to lurk. Trading is a mental game, like anything that pays based on performance. Getting a system is only the first and I believe the smallest part of the trading plan. You must trust the system, and you must trust yourself. Successful traders lurk because these thing really can't be taught. Look at all the threads in the systems section. You will find people trying to add indicators and tweak the original system by the time you get to page 5. And then there is money management. You have to trust your money...Ignored
DislikedOften the 95% losers and 5 % winner statistics is thrown out for the retail trading community . Instead of debating about why and how etc .. This thread is a call to all Successful traders in forex factory , to share their winning philosophy and learnings and systems if they want to share .. Just for the sake of thread , let us define success as " being in profit ( could be 1% also) net after atleast two years of Trading". So how many such traders have we got in forex factory .. I am not in that category .. so the quest continues ...Ignored
Disliked{quote} i'm not a millionaire (yet ), but i'v been trading successfully for the past year, i'v been on demo for 7 years, live for 2 years. when i started trading live i lost ~50% of my account in the first month. i realized that my strategy was wrong, i stopped trading for the next 11 months !, i worked my ass off trying to figure out where i was wrong, went back on demo and tried again and again, i'v been facing my charts almost every day for +8 hours to the point where i could almost feel the market, know where the liquidity is, where...Ignored
Disliked{quote} Story of my trading life. Although Ive been in the game longer than you and have been robbing the markets for over 5 yrs, but I turned the corner when I moved away from day trading and scalping and moved on to formulate a method weaved around Daily, Weekly and Monthly charts with stoploss of 400pips. If you ask me Ill say there are 4 simple rules to being a successful trader fx trader. 1. build your strategy around higher time frames. 2. Have a generous stoploss. 3. Be well capitalized and lastly and most importantly you must...Ignored