Yes forex trading, like any other trading, is gambling. However, minimizing the risk is how you become profitable. Those who do well in this type of trading are those who make trades with the percentages in their favor and not get greedy.
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DislikedYes forex trading, like any other trading, is gambling. However, minimizing the risk is how you become profitable. Those who do well in this type of trading are those who make trades with the percentages in their favor and not get greedy.Ignored
DislikedYes, indeed! It sounds worse than a lie. But today I am so calm and deliberate in my planning for a trade that I often wait days for a proper setup. But I'm following all the majors against usd and jpy simultaneously, so I get enough opportunities almost every day.
I have seen my failure: it sounds that if I would trade against the major trend. That is not the case. The major trend is never ignored.
RegardsIgnored
DislikedAnd there is no one who knows how to trade. If there was, W. Buffet would be his butler and Bill Gates his foot chair. 5% per month, which many "traders" find to be laughable, make 1 trillion dollars out of $50 in less than 40 years. Unless you are a fat rat from a Federal reserve with insider's info, trading is glorified gambling no more and no less. Only ones who win are those who are lucky and quit early. Sorry.Ignored
Dislikedok. i think i will chime in here.
First, trading systems do exist. You have to evaluate it carefully. Most of these so called systems are garbage. There are plenty on this forum alone.
Second, people don't realize that you do not have to go for every pip. The number of pips do not necessarily make you the most money. Lot sizes do. Once you realize that you don't need 200 pips a trade.
Third, an extention of my second point; people stay in too long. They had a profit, but because they didn't get out, their position reversed and they lost....Ignored
DislikedMy suggestion is instead of insulting everyone here which really gives you no solution and creates only ridicule...Ignored
Disliked
There is nobody on this planet, let alone on this forum, who can prove this to be wrong.
I said I'm sorry.Ignored
DislikedSo how do you prove to be right??
Just ranting??
You just come out here and vent your anger, with no elements whatsoever to judge what went wrong with you after 3 years. Who knows, maybe more.
Lay it out on the line. Gives us details.Ignored
DislikedAnd there is no one who knows how to trade. If there was, W. Buffet would be his butler and Bill Gates his foot chair. 5% per month, which many "traders" find to be laughable, make 1 trillion dollars out of $50 in less than 40 years. Unless you are a fat rat from a Federal reserve with insider's info, trading is glorified gambling no more and no less. Only ones who win are those who are lucky and quit early. Sorry.Ignored
DislikedApparently you have come to this conclusion over and over again and yet you persist doing the same thing with each failed attempt. Of course there is no way to prove this sort of thing, becuase the future is unknown. This is an obfuscation though and a deliberate one at that. Not much point in any further disscussion, because you really are not open to any other opinion and it has been this way through out your posting. I certainly mean no disrespect, just trying to save my self a little time in attempting to help. I see no point in it.
Here is...Ignored
DislikedI find it hilarious to hear the words "waste of my time " from someone who has time to post 4100 times over 2 years and read all my 145 posts. I guess, with such extensive expierence of forex trading you are a billionier already at the very least. Please PM me you position number in Forbes 400, I will be very honoured.
So, since you've honored me already with reading my 145 posts, many of which I haven't read myself in years, you know that I made 18% last year, ( thats just FYI for those "traders" whose dream I shattered and who can't come...Ignored
DislikedVlad,
Yes there are systems and strategies that work. I make over 1000 pips per week using basket trading 24/5.
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