Can YOU make money as a trader?

In essence I believe in finding the right broker. What tends to happen with me is that I trade off technical info being mindful of openings and closings and fundamental news. Despite this I still affect global markets, as generally all the trades i take makes that indices or currency pair literally stop and immediately reverse on my charts. I get locked in battle with the broker in the Capital spread and slippage death spiral. "Quite frankly not believing my "death spiral""Re: I see more opportunity with a 1:100 broker as opposed to 1:500 the set up is the same. It is true that if both brokers I used were 1:100 the result may have been similar , between Pepperstone and another broker. I think one needs to find a proper Market Maker i.e: 0.0001 = pip as opposed to points. I will save up thousands, and have dealt with GCI in the past . I think stay clear of Metatrader and anything with a Russian language flag.

I think it’s possible to make profits in as a trader, but constant success in trading comes with a high price tag. Sustainable and profitable trading does not come without going through a roller coaster ride of emotional pain and equity fluctuation.

I am full of expectation to tap from your knowledge on how to make money as a trader

Well, the answer should be more detailed or complete.. Since it is so widely asked.. the answer would be, YES, absolutely... Provide more details for specific answer...

Some examples...
I know a guy that got to 6-figure profit (from almost pocket change deposit) relatively fast, than got a woman and stopped trading... He preserved most of the profits... While other guy is trying to replicate the success but for the last decade and got to 5-figure profit tops.. from much about 4-figure deposit... But after you divide all this profits to months spend.. the attraction might not be so big

I have personally found out that there are people who DO make it FAST and BIG and then RETREAT... and there are people who are here for a LONG time.. and their return might not be too attractive, specially for newcomers, but their consistency or DD.. is amazing... specially compared to bank deposits this days which are basically nothing... So even a few % annual return can make a difference... if you have a rather good deposit anyway...

But there are some that combine "worst" of both worlds... meaning they are expecting 100% return/month, consistently, for the next 40 years... I mean... Do I need to comment? Also some would like to get to 1mio out of 100USD which is possible in this market, but not so repeatable as they expect, right So one has to know to what to compare and at least some basic probabilities... because expecting 100%+ return per month, forever, is unrealistic or they have really found the holy grail... Mind you, doubling per month would make you a richest man alive rather quickly In about 2 years, depending on the deposit...

Yes you can.....but know when not to trade...

Yes, I think I can make money easily as a trader if I have enough knowledge about this so called risky market.

You can easily earn money when you deliver a newspaper

It's interesting you say that. Most of the advice I've seen tells beginners to focus on larger timeframes if they have a lack of opportunity, say a demanding job. I guess the thinking behind it is that you're comitted to being in front of a screen less.

Well, high time frames have slow movements which give a trader time to view charts and analyze the market before entering trade whereas low time frames have a lot of noise that can confuse a new trader.

https://www.thebalance.com/more-leve...s-good-1031089

Please share your trading journey with us. It will motivate many of us and we will be able to learn alot.

Yes traders can make money, but only and only if they pay proper attention to the learning part, they research well and then give it a shot. Nothing is going to give you success or earnings if you are just into hit and trial and testing your trading strategies made out of no proper knowledge or skills.

Yes, you can definitely make money as a trader. All you need to do is gain knowledge and learn about forex. Earning good amounts of money will take time as it comes with experience. You should have a disciplined approach and stay motivated.
Wish you all the luck

Newbies have consistently inundated us with this question.The simple and straightforward answer to this question is yes, you can become rich trading forex
Top among the heavyweights in the forex market is George Soros. Soros is currently worth $8 billion; a lot of money. He made his money through numerous investment portfolios. In 1992, Soros made the news for breaking the bank of England. How did he do it? While the United Kingdom withdrew from the ERM, Soros took a favorable position that changed his financial fortune. That position fetched him more than $1 billion.
Other notable heavyweights in the forex market are Stanley Druckenmiller and Bill Lipschutz. These men are a force to reckon with when the word forex is mentioned anywhere globally. For Mr. Druckenmiller, he consistently made double-digit profits before his retirement. As of 2018, he was worth $2 billion.
Similarly, Bill Lipschutz made lots of money in the 1980s trading forex. He had no prior experience in the forex market but became the Sultan of currencies after long years on the market.
The list of successful traders is endless; you can do a simple Google search to see for yourself. Their stories clearly show that with luck, education, hard work, dedication, plus the use of the right trading indicator, the sky is your limit.