How much do people make trading FOREX | Page 12 | Forex Factory

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How much do people make trading FOREX

  • #221
  • May 17, 2018 2:33pm May 17, 2018 2:33pm
Quoting BenDunk
I am a scalp and always have to depend on this short time trading approach, but it causes a great risk sometimes. Have anyone a great idea how can I minimize my risk when scalping?
I have never seen at any newcomer who has already successful by scalping , actually for ensuring successful trading by scalping first of all have to ensure long term experience with most narrowest trading spreads.
  • #222
  • Mar 6, 2019 10:54pm Mar 6, 2019 10:54pm
success on scalping is a complicated issue , the result of scalping its all about temporary session , scalping not works for all time , its profitable no way to deny but contains huge risk than others.
  • #223
  • Oct 20, 2019 9:26pm Oct 20, 2019 9:26pm
which is complicated or easy it depends on you, if you have practice on scalping in demo , i think its not quite impossible to bring profit by scalping which ensure profit very rapidly than others technique. on the other hand , without regular practice this simple strategy can make you loser in this stock market when trading in practical. everything depends really on your approach, so make yourself first of all.
  • #224
  • Aug 27, 2020 7:41pm Aug 27, 2020 7:41pm
It depends on trader’s skill and experience. I think 1-2% monthly return is a good profit in forex trading.
  • #225
  • Aug 27, 2020 8:01pm Aug 27, 2020 8:01pm
I am in Forex for last two years in the begining i faced some serious lose but now I am able to recover my all loss but still I am in learning process.
  • #226
  • Aug 28, 2020 1:04pm Aug 28, 2020 1:04pm
Many traders earn huge money from this market. But some lost their money. All depend on the strategy. If you can make a profitable strategy it is quite easy to make money.
  • #227
  • Aug 29, 2020 10:18am Aug 29, 2020 10:18am
It also depends on one's discipline to follow that strategy, I would say.
  • #228
  • Aug 30, 2020 6:08am Aug 30, 2020 6:08am
Quoting Niels.Lar
It depends on trader’s skill and experience. I think 1-2% monthly return is a good profit in forex trading.
So I have 10k account. You suggest to me,to make 100-200 eur monthly? Would you suggest please some money management and trading strategie. How big position to open,how many trades you suggest per day,week etc etc
.
Thanks
Whether you think you can, or you think you can't,you're right. H.F.
  • #229
  • Aug 30, 2020 7:14am Aug 30, 2020 7:14am
im happy when i am in profit of 1.5 percent lol
  • #230
  • Aug 30, 2020 7:15am Aug 30, 2020 7:15am
Quoting BenDunk
success on scalping is a complicated issue , the result of scalping its all about temporary session , scalping not works for all time , its profitable no way to deny but contains huge risk than others.
i find scalping relies even more on keeping emotions in check too.
  • #231
  • Sep 1, 2020 6:21am Sep 1, 2020 6:21am
There is no limit on how much people make trading forex as it all depends on your trading strategy and skills.
  • #232
  • Sep 1, 2020 10:14am Sep 1, 2020 10:14am
There is no limit to how much they lose either too, and sadly, according to statistics by regulators, the majority of people do lose money. One should always be careful about that.
  • #233
  • Sep 1, 2020 11:12am Sep 1, 2020 11:12am
Theoretically there is no limit. In reality of course there are a number of things that can change that such as your capital or winning average / percentage to name just a few.

like has been said the majority of people lose money but if you are willing to put in the work and be dedicated there is absolutely no reason you can’t make a successful living trading forex and their are plenty of examples of people who have and do.

I began dabbling in forex back in 2010 but it wasn’t until 2016 that I began to look at it as a serious possibility for my future. After that it would be the end of 2018 before i was ready to go live and confident in my Own ability and system. Now I live the life I always hoped forex would provide and it’s only looking up(for now )
  • #234
  • Sep 2, 2020 6:43am Sep 2, 2020 6:43am
Quoting mlawson71
There is no limit to how much they lose either too, and sadly, according to statistics by regulators, the majority of people do lose money. One should always be careful about that.
i loss most of time due to over trading , it was earlier stage in my trading career , always tried to recover losses by trade again and again but ultimate became loser.
  • #235
  • Sep 2, 2020 7:10am Sep 2, 2020 7:10am
i think there is no way to ignore losses , but we the traders have to focus on our mistake , if it happens same mistake again and again then its not a mistake its a choice.
  • #236
  • Sep 2, 2020 9:18am Sep 2, 2020 9:18am
Quoting AlexImam
i think there is no way to ignore losses , but we the traders have to focus on our mistake , if it happens same mistake again and again then its not a mistake its a choice.
At the very least it's a stubborness that ruins people as traders.
  • #237
  • Sep 3, 2020 12:50am Sep 3, 2020 12:50am
Quoting AlexImam
i think there is no way to ignore losses , but we the traders have to focus on our mistake , if it happens same mistake again and again then its not a mistake its a choice.
I agree to that. The sooner we learn and improve on our mistakes, the better it is. It takes very less time for our mistakes to become our habits.
  • #238
  • Sep 3, 2020 1:12am Sep 3, 2020 1:12am
Quoting Andreas11
{quote} I agree to that. The sooner we learn and improve on our mistakes, the better it is. It takes very less time for our mistakes to become our habits.
Very true. You tend to get better when you realized your mistake and trying to correct from such mistake so that you made sure not to repeat those mistakes.
  • #239
  • Sep 4, 2020 9:22am Sep 4, 2020 9:22am
Quoting survivors
{quote} Very true. You tend to get better when you realized your mistake and trying to correct from such mistake so that you made sure not to repeat those mistakes.
True. One needs to learn to do that and fast, or they will lose their account.
  • #240
  • Sep 9, 2020 6:44am Sep 9, 2020 6:44am
Quoting survivors
{quote} Very true. You tend to get better when you realized your mistake and trying to correct from such mistake so that you made sure not to repeat those mistakes.
Correct.
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