Don't give up on your dreams. Keep sleeping.
Do you make a living trading small timeframes? 58 replies
Do people actually make a living off of trading? 38 replies
Living in China, trading for a living 18 replies
(can) small accounts make a living ?! 611 replies
How can I make a living trading forex? 25 replies
Disliked{quote} I agree. I personally couldn't do it just in my spare time. Maybe now i could since i have more experience. But if I want to manage money it probably wouldn't be fair to my clients if im not 100% with them. Hehe, but as it seems that will not happen anywayIgnored
Disliked{quote} .. They are either too cumbersome, lagging or make my charts too messy.Ignored
DislikedIf your trading or want to embark trading now is a really good.time to sit back and watch the market. There is so many world wide events that are occuring that predicting where the market is heading almost to risky to even try. Right now its a good time to look at commditiesIgnored
DislikedIf your trading or want to embark trading now is a really good.time to sit back and watch the market. There is so many world wide events that are occuring that predicting where the market is heading almost to risky to even try. Right now its a good time to look at commditiesIgnored
Disliked{quote} Fair point but I think another option is to look at trading smaller time frames, I say this because with current volatile news events, trades taken over 4hr or 1hr candles are more likely to whipsaw - it seems better to get in and out the market as quick as possible (but of course smaller tf should be for more experienced traders - otherwise its the quickest way for new traders to blow their account).Ignored
DislikedNice twist...talking about creative things. Thats coool... I agree with some previous post...ur robots/ea can only look at things at their face value, creativity comes from human mind and that part can't be coded into machines . Human brain storage capacity vs robots? Unimaginable As long as human beings are making robots and are involved in AI projects, there is no chance for these machine to get ahead of humans in creativity. Peace {image}Ignored
Disliked{quote} LOL! Your right about that! I checked out blufx yesterday, instant funds given, 50k.. here's the Catch ! 240 a month including vat, + it takes two years to get to a million dollar account and with 1:2 leverage... Not worth it but who knows.Ignored
Disliked{quote} I just checked out their website and there doesn't seem to be any catch. What they're asking for seems fair enough. The problem is, it's their platform and not MT4 or MT5. As far as I'm concerned, that thing could be a Trojan horse. If they had MT4 or some way to connect MT4 to their platform, I'd be all over that. Are there other companies like blufx? You wrote 1:2 leverage, was that a typo and it's 1:200 or is it really 1:2? In that case, it wouldn't be usable to me anyway...Ignored
DislikedPossible, very much so after a period. Most people would agree it takes years to learn to trade successfully by yourself, some people actually in the business don't believe in it. The statistics are very much against you. Once you have learned to trade, you need probably 30k bare minimum. And if you haven't learnt to trade properly, you'll need another 30k after that, plus any money you needed to live on after that. All this assuming you found a broker that actually lets you take your money out when you want it. There are so many barriers.Ignored
Disliked{quote} I wouldn't really go by what the professionals in the business say because what they say is from their perspective. They have and operate with different restrictions and what they say doesn't apply to retail spot Forex. I probably could have made that sentence more concise.Ignored
DislikedI am just saying, it takes longer than people think it does, and it costs much more than people think it does.Ignored
Disliked{quote} I think it generally takes 5 years to figure it out (if you're starting from scratch with zero mentors or anyone personally teaching or shortening that learning curve). If they haven't figured it out in 5 years then it might be good to set themselves a time limit as a rule. For example, it's been 5 years but I'll give myself another 2 years. If I don't figure out how to make money in the additional 2 years then I'm quitting!Ignored
Disliked{quote} They doubt trading is realistic. Many reasons being that people lose their money in their first periods, they start scrounging money up, rely on signals, don't use money management. I'd go with that analysis of time. Even if they have a coach, they never apply what they learn as they should, so it takes ages.Ignored