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Is Forex Trading A Scam?

  • #21
  • Dec 30, 2018 6:11am Dec 30, 2018 6:11am
Quoting LDFX
I do not know if forex is a scam but there is a lot of scammers in Forex ! Forex is definitely a tough business, the music/movie/sport industries are too, only very few win money from it, is it a scam ?
  • #22
  • Dec 30, 2018 6:21am Dec 30, 2018 6:21am
Quoting MrAashir
Forex is like gambling its not scam u do not control the outcome. The only thing u manage is your money and if u are poor at that then its game over. We can blame anyone for losing money in forex market as it is so big but honestly u all know how it reacts during news. From that u should know it is not random its just events are random. We never know which news is going to come out and how market will react to it. Yes there is no central exchange but u know what we are doing is valuating a currency ourself right even though we are insignificant...
no one is successful trading the stock markets too, so its not about a central exchange or the random news etc...
no one is successful ofc if we take off the big traders who are big only as an ad to show ppl that there's a chance to win like them
and to be honest with you idk how anybody trust in something seeing it only on his device as a chart,,, !!! whats your reason to trust what they say and that the price is not manipulated ??? i think maybe you even trust in trump too ?

so naive so so so naive!!!
maybe that's why las vegas is alive

cheers
  • #23
  • Dec 30, 2018 6:28am Dec 30, 2018 6:28am
Quoting dicojoxaftr
{quote} no one is successful trading the stock markets too, so its not about a central exchange or the random news etc... no one is successful ofc if we take off the big traders who are big only as an ad to show ppl that there's a chance to win like them and to be honest with you idk how anybody trust in something seeing it only on his device as a chart,,, !!! whats your reason to trust what they say and that the price is not manipulated ??? i think maybe you even trust in trump too ? so naive so so so naive!!! cheers

I do not understand how can you be so sure that « NO ONE » is successful ?

Even Nobel price economists have only theories about it.
LDFX Trading Ltd
  • #24
  • Dec 30, 2018 6:30am Dec 30, 2018 6:30am
Quoting LDFX
{quote} I do not understand how can you be so sure that « NO ONE » is successful ? Even Nobel price economists have only theories about it.
experience man experience
make you sure but its not like a 100% sure anyway
  • #25
  • Dec 30, 2018 6:33am Dec 30, 2018 6:33am
Quoting dicojoxaftr
{quote} no one is successful trading the stock markets too, so its not about a central exchange or the random news etc... no one is successful ofc if we take off the big traders who are big only as an ad to show ppl that there's a chance to win like them and to be honest with you idk how anybody trust in something seeing it only on his device as a chart,,, !!! whats your reason to trust what they say and that the price is not manipulated ??? i think maybe you even trust in trump too ? so naive so so so naive!!! cheers
Lol i am not being naive here i am just providing information about how it works. Anyway if u believe everything is manipulated and u are getting leeched of then please dont trade forex with this type of mindset it is impossible to profit. For your information everyone abuses their power it is just matter of how much. If u can do something within your power and get benefits from it then why not? Everyone is leecher its dog eat dog world. But still i believe we are at very small level while there are big people playing much bigger games we do not even make a difference. And honestly i dont even believe we are trading in interbank market we are just gambling in gambling house but we can still make profit.
  • #26
  • Dec 30, 2018 6:34am Dec 30, 2018 6:34am
why you think they kill khashoggi ?
they kill it for money or for fun funny

cot is a devil, trust nobody when there's a cot
  • #27
  • Dec 30, 2018 6:40am Dec 30, 2018 6:40am
Quoting MrAashir
{quote} Everyone is leecher its dog eat dog world. And honestly i dont even believe we are trading in interbank market we are just gambling in gambling house but we can still make profit.
  • #28
  • Dec 30, 2018 6:41am Dec 30, 2018 6:41am
Quoting dicojoxaftr
why you think they kill khashoggi ? they kill it for money or for fun funny cot is a devil, trust nobody when there's a cot
Yea its sad saudi arabia is flexing muscles while trump is sitting ducks but what can we do ? No democracy for saudi arabia
  • #29
  • Dec 30, 2018 6:48am Dec 30, 2018 6:48am
all gamblers make profit
the question is, for how long they will keep holding that profit ? and do they will profit from that profit or they will just keep pumping it to the gambling house ?!!
  • #30
  • Dec 30, 2018 6:50am Dec 30, 2018 6:50am
Quoting MrAashir
{quote} Yea its sad saudi arabia is flexing muscles while trump is sitting ducks but what can we do ? No democracy for saudi arabia
there's not democracy in the us too
its just a rich kingdom in us with a rich kingdom in the saudi playing together their plans
  • #31
  • Dec 30, 2018 6:55am Dec 30, 2018 6:55am
Quoting dicojoxaftr
all gamblers make profit the question is, for how long they will keep holding that profit ? and do they will profit from that profit or they will just keep pump it to the gambling house ?!!
Thats why i have been telling, u do not control the market u only control how much u lose. U can earn much more in forex than u risk that is the real edge here. I am not trying to make you believe in forex but this is also the reason why it works for some people.
  • #32
  • Dec 30, 2018 6:56am Dec 30, 2018 6:56am
Whether Forex is a scam or not it doesn't matter, the market is what it is! It doesn't matter at all why it moved when it did, it doesn't matter a dot ......

All you should concern yourself with is that your broker is straight and you can access your account money as and when you want it. Stop worrying about the market itself, just adopt your method and concentrate trading it.

And remember a lot of trading is about luck, far too often we attribute luck as a skill
  • #33
  • Dec 30, 2018 7:17am Dec 30, 2018 7:17am
Quoting dicojoxaftr
{quote} experience man experience make you sure but its not like a 100% sure anyway

So you are stating that « NO ONE » is successful based on your own experience ?
LDFX Trading Ltd
  • #34
  • Dec 30, 2018 10:52am Dec 30, 2018 10:52am
I think that Forex has a place to exist, here you can earn, as in other markets. But next year I want to revise my portfolio regarding the diversity of assets, at the moment it is Forex 80% and 20% indices and so on. I want to do otherwise 50% it will be stocks, 30-40% futures on indices and raw materials, the remaining 10-20 currency futures or Forex. There are several reasons why personally for me (and possibly for others) volatility is the main reason, I actively collect statistics and analyze and came to the conclusion that by reducing Forex trading and increasing trading in stocks and commodities, I can get more benefits, including at lower risks...
Why didn't I think of that before...
Only my opinion...
Excuse me, my English is very bad...
  • #35
  • Dec 30, 2018 10:54am Dec 30, 2018 10:54am
Quoting LDFX
{quote} So you are stating that « NO ONE » is successful based on your own experience ?
You never heard of dicojaxaftr? He is the most intelligent man who walked on this earth and the only man who has 450 iq (yes, they made special tests just for him). If he can't succed in trading no one can.

Petru
  • #36
  • Dec 30, 2018 11:21am Dec 30, 2018 11:21am
Quoting Petru00
{quote} You never heard of dicojaxaftr? He is the most intelligent man who walked on this earth and the only man who has 450 iq (yes, they made special tests just for him). If he can't succed in trading no one can. Petru
hhh
iq does not measure intelligence, iq measure the abilities, skills and knowledge of a human being
we are all the same robot, you just need more abilities, skills and knowledge chips

anyway as i always say, It's not what you KNOW, it's what you can PROVE! from the training day kingkong
so i can always prove that no one success trading forex in the long run and the net is full of ppl who can immediately agree on that, but can you prove the opposite to us all ?? can you ?? ofc you can't and i know why

ofc no one success as an innocent trader, we are not counting ad traders, scammers, illuminazis and the gangs of rich guys, mafia, etc...
  • #37
  • Dec 30, 2018 11:47am Dec 30, 2018 11:47am
Quoting dicojoxaftr
{quote} hhh iq does not measure intelligence, iq measure the abilities, skills and knowledge of a human being we are all the same robot, you just need more abilities, skills and knowledge chips anyway as i always say, It's not what you KNOW, it's what you can PROVE! from the training day kingkong so i can always prove that no one success trading forex in the long run and the net is full of ppl who can immediately agree on that, but can you prove the opposite to us all ?? can you ?? ofc you can't and i know why ofc no...
Please, prove us why no one can be successful in trading.

I'm actually sorry that forex was so cruel with you. May i ask why you are still on forex forums if forex is a scam and no one can be profitable?

Petru
  • #38
  • Dec 30, 2018 12:05pm Dec 30, 2018 12:05pm
Quoting Petru00
{quote} Please, prove us why no one can be successful in trading. I'm actually sorry that forex was so cruel with you. May i ask why you are still on forex forums if forex is a scam and no one can be profitable? Petru
looks like your iq is below 50 jk, so i'll give you the simplest answer ever, even a kid will understand without any further questions
if you can make $1 every time you trade that's mean you can make $1 million every time too and that will make you own the world and start wars and maybe you will be a king, i'm not sure what you gonna be but i'm sure that you will take everything

if you are lucky to pay your rent trading assets you are one from the 45% lucky guys on earth or you are from the 50% on earth who shares earth's wealth but im definitely sure that you are not one from the 5% control everything and make you win some money,,
  • #39
  • Dec 30, 2018 12:12pm Dec 30, 2018 12:12pm
"Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."

source: https://tickmill.com/

do you need more evidences ?
by the way 81% is just a sweet talk, its 99% or something like that on the long run
  • #40
  • Dec 30, 2018 12:13pm Dec 30, 2018 12:13pm
Quoting dicojoxaftr
{quote} looks like your iq is below 50 jk, so i'll give you the simplest answer ever, even a kid will understand without any further questions if you can make $1 every time you trade that's mean you can make $1 million every time too and that will make you own the world and start wars and maybe you will be a king, i'm not sure what you gonna be but i'm sure that you will take everything if you are lucky to pay your rent trading assets you are one from the 45% lucky guys on earth or you are from the 50% on earth who shares earth's wealth but...
Yeah... you proved us good. I am just gonna end this discussion.

Best of luck, Petru.
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