Who makes real money from forex? | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Real traders, real money 80 replies

Money makes money 39 replies

Forex project doubling real money account each month 18 replies

How Your Forex Broker Makes Money? 7 replies

MEVA machine that makes money 43 replies

Attachments: Who makes real money from forex?
Exit Attachments

Who makes real money from forex?

  • #301
  • May 3, 2017 12:40pm May 3, 2017 12:40pm
This market is too much volatile and that’s not easy to make money from here by using only good trading skill, besides proper trading knowledge you have to make sure real money management , otherwise that’s not possible at all to lead a healthy trading life with certainly.
  • #302
  • May 7, 2017 12:20am May 7, 2017 12:20am
Although, maximum Forex traders are unable to make regular money from this financial market, but I see pro traders are making handsome monthly return here! I have 2 years trading experience, but from recent 3 months I have been making regular money from this trading (average 10%)! But believe me, I have no specific target!
  • #303
  • May 12, 2017 1:51pm May 12, 2017 1:51pm
Some mandatory things we have to ensure for making money from here.

1. most powerful accurate trading strategy
2. real money managing plan
3. knowing the policy how to use SL
4. proper trading plan with great discipline
5. knowing the approach how to manage risk
6. and of course a reliable support from a real regulated trusted Broker
  • #304
  • Jun 12, 2017 2:43pm Jun 12, 2017 2:43pm
Apart from the basics, focus on what you feel fits you better-fundamental or technical analysis, although it’s good to have at least a passing understand of whichever you’re not focusing on.
  • #305
  • Jun 21, 2017 10:17pm Jun 21, 2017 10:17pm
As with anything if you put in the effort it'll eventually work out. Its a constant battle, you are your biggest enemy.
...
  • #306
  • Jun 22, 2017 1:51am Jun 22, 2017 1:51am
Institutional and pro traders are making handsome money from this financial market! On the other hand, maximum retail traders are unable to make money from Forex market, actually a number of retail trader start their trading journey with the wrong way, they try to earn money instantly after joining here!
  • #307
  • Aug 15, 2017 12:19am Aug 15, 2017 12:19am
There have so many good skilled Forex traders who are making real money here; maybe he doesn’t know about the history of a pro trader! But, it’s true, pro traders are not available here and there! Yes, only good skilled Forex traders can make consistent money here!
  • #308
  • Aug 15, 2017 5:16am Aug 15, 2017 5:16am
Quoting BenDunk
Some mandatory things we have to ensure for making money from here. 1. most powerful accurate trading strategy 2. real money managing plan 3. knowing the policy how to use SL 4. proper trading plan with great discipline 5. knowing the approach how to manage risk 6. and of course a reliable support from a real regulated trusted Broker
Yes, all true, I would add that proper experience is a must, do not expect immediate earnings. And, on contrary to the ads, it needs lot of money to get on well with.
  • #309
  • Aug 15, 2017 11:49am Aug 15, 2017 11:49am
When I was about 12 y'old I said to my mom that I wanted to be a trader, she said that no one makes money out of it, even my father lost around 10k on it, and that I would never do it.
Guess what, at 13 y'old I made my first profit on a real account that my father gave to me as a birthday (lol)
At 18 y'old I asked my mom what she thought about my job, and she said, "I did not expect that this would be so good for you, my son".
I am 23 now, and I keep studying every day, never stopped since I was 13, I've had some drawdowns but here I am.
I believe if you focus, right down the steps you are going to take, you WILL make it. Forex is simple, but it is hard. Just get some focus and you will make it.
  • #310
  • Sep 16, 2017 6:31am Sep 16, 2017 6:31am
Quoting krym
When I was about 12 y'old I said to my mom that I wanted to be a trader, she said that no one makes money out of it, even my father lost around 10k on it, and that I would never do it. Guess what, at 13 y'old I made my first profit on a real account that my father gave to me as a birthday (lol) At 18 y'old I asked my mom what she thought about my job, and she said, "I did not expect that this would be so good for you, my son". I am 23 now, and I keep studying every day, never stopped since I was 13, I've had some drawdowns but here I am. I believe...
Its Great Krym. I admit. Focusing on learning with consistency can bring success in here , but for that we have to keep patience for a long time with hard working.
  • #311
  • Sep 16, 2017 6:42am Sep 16, 2017 6:42am
Making money from forex within short time period is not probable at all, if you willing to earn by short cut way, please go for binary option trading you can be profitable on the contrary loser.
  • #312
  • Sep 28, 2017 8:44am Sep 28, 2017 8:44am
It is possible to make money both within short term and within long term period with high probability.
The main difference is that it is not possible for most of people to stay stressed for a longer time (few months, years).

That is why high leverage is good only for quick and short-term profits. Not only the leverage, but also total value of Your open positions. Equity is changing all the time, and when magnitude of such changes is high in relation to Your "life level" it becomes stressful to You.

And this generally changes everything because for different levereges you trade completely differently.

/// Yes, I make some money on forex....
  • #313
  • Sep 28, 2017 11:27am Sep 28, 2017 11:27am
Quoting JamesFaulkn
Making money from forex within short time period is not probable at all, if you willing to earn by short cut way, please go for binary option trading you can be profitable on the contrary loser.
Binary options???

https://financefeeds.com/spotoption-...sses-tell-fbi/


FinanceFeeds has conducted extensive research into the binary options sector, and deduces that no live market exists at all, and that binary options market makers which supply the trading solution and market making system to brands do not have liquidity feeds connected to any bank or aggregated price feed, instead weighting the ‘odds’ so that customers lose their money.

The court case also explains how, for clients who had high deposits and wished to effect a withdrawal, a form was sent to customers to authorize the brand to trade for the client, at which point the broker would execute trades to ensure the investor lost all of his or her money.
  • #314
  • Sep 28, 2017 12:11pm Sep 28, 2017 12:11pm
what I have found out what makes it hard to learn to trade forex, it is all the bad info that you hear on ff.
if 95% of traders lose money, then 95 % of what you hear is B.s. and the 5% that are making money aren't telling how they do it.
Everything you need to know is in the charts, the price can only move two ways up or down that it.
and don't read the books on trading just as bad, don't buy anything just learn to read the price chart.
and find where the key levels of S&R. all trading strategies,
come to the same thing S&R, no matter what they call it.
  • #315
  • Sep 28, 2017 12:48pm Sep 28, 2017 12:48pm
Quoting JamesFaulkn
Making money from forex within short time period is not probable at all, if you willing to earn by short cut way, please go for binary option trading you can be profitable on the contrary loser.
Sometimes it possible if your strategies will works properly but of course you have to make sure first of all exact money managing skill. Otherwise not.
  • #316
  • Sep 20, 2018 7:31pm Sep 20, 2018 7:31pm
Quoting Kristo
I earn my living from FX. It took me a few years to become consistently profitable and then a few more to build my $ investment to the point where it would supoort me and my family. I lost some cash at the start, mostly due to impatience. Those days are long gone. I dont have losing days or losing weeks or even losing months, because I do not place that sort of performance pressure on myself - I assess my profitability on a quarterly basis. Developing patience and looking toward a longer term trade horizon were two major factors that assisted me...

I know it´s been quite a while now to say this but THANKS

Just making sure that someone has achieved those numbers give all of us A LOT of inspiration and persistence to keep going on

I´ve been on the road since dec/17 and have a pretty good history of losses, but I´ll keep trying till I learn

Regards,
  • #317
  • Oct 2, 2018 9:20am Oct 2, 2018 9:20am
For making money sometimes I prefer Paam services , because trading on manually is really complicated for all time.
  • #318
  • Oct 2, 2018 12:20pm Oct 2, 2018 12:20pm
Quoting AdamCrist
For making money sometimes I prefer Paam services , because trading on manually is really complicated for all time.
Do you have any experience with trading robots?

Last year I contracted an Artificial Inteligence Bot for trading futures at B3 ( BMF Bovespa, Brazil), but results were just catastrofic.

Folks didn´t have a good risk management so my capital plumeted 50% in just three months.

Nonetheless I believe the technology is viable (maybe not accessible for retail).

For a pamm account you should trust heavily in the trader, haven´t you? specially because this is not regulated
  • #319
  • Oct 13, 2018 11:53pm Oct 13, 2018 11:53pm
Trading robot sometimes brings profit greatly, but I have seen it’s all about temporary, not for permanently at all.
  • #320
  • Oct 14, 2018 9:35pm Oct 14, 2018 9:35pm
Quoting AdamCrist
Trading robot sometimes brings profit greatly, but I have seen it’s all about temporary, not for permanently at all.
I also noticed this, I think the biggest challenge for robots is to work within the volatility and determine if the market is trending or congested.

Do you think that trying to solve these two problems could bring a more consistent result, in a constant adaptive sense?
0 traders viewing now