The facts with forex only have to be a fact for yourself and controlling risk is sometimes just personalized and not a fact you can share with others as it may not be true for another.
How much do you want to make and why do you want to make it 17 replies
Can you make money by simply flipping a coin? 15 replies
If you make money, does Oanda make money? 35 replies
Bulls make money, Bears make money. And Pigs get slaughtered. 12 replies
Is there anything else than FOREX ??? That you can make good money. 38 replies
DislikedPeople can earn money from trading, that’s for sure. The question is how much can you earn from trading? If you would like to earn 1% monthly that’s achievable and not that hard. But if you seek 20% monthly that’s a different story. My suggestion is that you don’t follow the second path because many people have tried and failed. If you could do that each month, you would overtake many rich people in the world just in a few years. Then everyone would be trading forex and the face of the earth would really change. Working hard isn’t the answer, working...Ignored
Disliked{quote} Would you please suggest some strategy with good MM? I have 10000,- account and I can wait make those 1% monthly return. How much is it? 100,-? Great return for month of hard work.Ignored
Disliked{quote} From what I learned, keep trading with a same % per trade. The compounding effect will make great return if you get a winning streak and reduce the damage for a losing one.Ignored
DislikedThe facts with forex only have to be a fact for yourself and controlling risk is sometimes just personalized and not a fact you can share with others as it may not be true for another.Ignored
Disliked{quote} controlling risk particularly when market moves at random is a great skill , in spite of having this ability sometimes you will not avoid unfortunate losses. its a real character in this stock.Ignored
Disliked{quote} From what I learned, keep trading with a same % per trade. The compounding effect will make great return if you get a winning streak and reduce the damage for a losing one.Ignored
Disliked{quote} Did read book "101 how to say nothing in few sentences."? I was asking for strategy how to make 1% monthly.No answer yet. And btw,compounding is one of my favorite word in forex forum .....just few lines in excel tab and you become millionaire .Ignored
Disliked{quote} oh thats pretty easy 1%. Specially when you swing. DO understand swing trading is 10x easier than day trading or intra-day. Because with swing you just wait for the whole big picture to be done. While intra-day you need to be focused and usually intra will make more than swing because they scale in and out while swing just rides the up and down in the major trend which is in this case lets say up trend. Moral of the story to make 1% a month is not clear. I need to ask how much are you willing to lose to make that 1%. Do you want to achieve...Ignored
Disliked{quote} oh thats pretty easy 1%. Specially when you swing. DO understand swing trading is 10x easier than day trading or intra-day. Because with swing you just wait for the whole big picture to be done. While intra-day you need to be focused and usually intra will make more than swing because they scale in and out while swing just rides the up and down in the major trend which is in this case lets say up trend. Moral of the story to make 1% a month is not clear. I need to ask how much are you willing to lose to make that 1%. Do you want to achieve...Ignored
Disliked{quote} Hi SomeKid, Thank you for sharing your wisdom. I completely agree with you that price action, combined with timeframe correlation and market structure is crucial. Would you please share where I can learn more about it all? There are so many different ways to trade price action out there, and I just know only a small few are indeed helpful. Excited to hear from you.Ignored
DislikedI agree. The notion that you'll start trading and start making a profit within days (or even months) is very wrong and harmful.Ignored
Disliked{quote} Expecting profit without learning is very dangerous habit; it (Forex trading) looks easy, but reality is different!Ignored
Disliked{quote} Sadly a lot of Forex advertising seems to revolve around creative exactly such myths and newbies believe it.Ignored
Disliked{quote} That’s the problem; it’s very easy to manipulate the newbie’s since, they have no idea on the reality of Forex!Ignored