Living Off Fx

i want to know how is going the trading life guys
? the strategies you have still working ? i am very much confused.

I have been trading since 2009 and trading has been one of my many sources of income as I own other businesses.

The question is could you make a living off of Forex trading? Definitely. But I guess the best way to make money in trading is to start with a pretty sizable amount otherwise you would just be forcing trades all the time.

its the best way of money making , i think it just a topic , sounds good that always. but in reality what about ? 95% losers from here.

the statistic you have mentioned is very old , because right now traders more than advanced than before and personally i dont believe this statistic at all even when i was a new in this stock market.

Is it possible to live on the profit made in Forex?
If you expect to profit from working in Forex in a month, it means that you are in a deep illusion, the sooner you leave it, the cheaper it will cost. In my opinion, in order to get closer to making profit you need to go through several stages.
1. It is necessary to master the basics of technical analysis.
2. You need to learn to feel the danger and know when it is absolutely unwise to enter the market.
3. It is necessary to be able to find entry points with minimal risk.
4. It is necessary to change some qualities of your character and form new ones. Improve your trading strategy.
I categorically don't recommend you to open a deposit for borrowed money, hoping to quickly double the deposit and repay the debt.
I know in myself: it is almost impossible to stand such psychological pressure.
5. It is necessary to accumulate some experience.
6. It is necessary to have a large enough deposit.
It is quite possible to double a small deposit at the initial stage of work at Forex. If the expected market movement of 100 points corresponds to the profit of 20% of the initial deposit, you'll need only 500 points of profitable transactions to double your account.
This situation is quite popular, as the cost of 1 lot is close to the sum, which corresponds to 20% of the small deposit. From the economic and mathematical point of view, this situation is related to super risk (and super profits), but it is quite acceptable if the deposit doesn't exceed the amount of one wage. In case of a more substantial amount, entering the market with an amount exceeding 10% is fatal for the deposit, and in the long term it is likely to lead to a catastrophe.
Thus, the yield from work on Forex at the optimal ratio of profit and risk is 10% - 15% per month from the deposit.