forex is not betting, so u don "win" u just earn depending on the time and effort you put in. Just like any other job. 20 grands is okay for a lot.
Why and how Win-Win in Forex is possible 56 replies
+$40 in rollover everyday 33 replies
Everyday I make around 80 pips 33 replies
Taking a trade everyday 28 replies
Is it possible to trade 2-5 times a day, everyday? 12 replies
DislikedLol, here we go again....
They cant make more money than there is available, No amount of want or need can change that.Ignored
DislikedLol, here we go again....
They cant make more money than there is available, No amount of want or need can change that.Ignored
DislikedOne thing is for sure, if you are a successfull trader and you aim for 10% per year then you are in the wrong bussiness!Ignored
DislikedIf you are living in a civilized industrial country I highly doubt that you will find a back that gives you 10% "risk free" interest p.a. Espically when every Central Bank is lowering interest rates.
If you don't consider 10% p.a as being successful that either means
1. you are piss poor and need 10000% to make a dime or 2. a n00bie who thinks forex is a get rich quick scheme.Ignored
DislikedIf you are living in a civilized industrial country I highly doubt that you will find a back that gives you 10% "risk free" interest p.a. Espically when every Central Bank is lowering interest rates.
If you don't consider 10% p.a as being successful that either means
1. you are piss poor and need 10000% to make a dime or 2. a n00bie who thinks forex is a get rich quick scheme.Ignored
Disliked
- In my country their are several unit trust funds managed by local banks which does more than 10% per year. In fact some of these funds have done it for years now. And who said anything about "risk free".
- Yes i do not consider 10% per year as successfull. If you cannot beat that, then you DO NOT have a system.
- Forex is not a " get rich quick scheme". But if you CAN trade and you make only 10% per year then i would say you are a Piss trader!
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DislikedOne thing is for sure, if you are a successfull trader and you aim for 10% per year then you are in the wrong bussiness!
You are NOT successfull if you do 10% in a year. Your local bank can do that for you.
I am really not trying to be funny here.....
Real successfull traders do FAR better than that. I am here to make money and i can assure you 10% per year is NOT MAKING MONEY.
10% per year doesn't make you a pro ,......Just my two cents! ( Maybe in your books , but not in mine)Ignored
Dislikedand for those who think their english is not sufficient to join in, its sure better than I can speak in any other language, with the possible exception of pig latin!Ignored
DislikedIt all depends on the size you trade and the given markets liquidity.
Its like anything in life, the bigger It is, the harder it is to get in. In trading context larger size may meen increasing timeframe and making several entries where'ever the liquidity is available. This way you will make more money (because you have more money), but make less in % because of fewer opportunities being present.
A good example Is a scalper trading for afew pips/ticks, he may make 200 trades in a day at 10 lots but once he has done this well for 10 years will...Ignored
Dislikedi thought we were talking about "zero sum" and not liquidity --- lets stick to the subject as RARELY will liquidity become an issue for most of us !
mpIgnored
DislikedI have been trading for 8 years now ......... 10% per year is NOT WORTH being here!Ignored
DislikedLets try to respect each others views here. I have been trading for 8 years now and i have seen many posts in here about how traders see the forex market and how they trade them.
I do respect new traders breaking through and showing 10% per year. good for you! All i am saying is that if you only aim for 10% and think by doing so you are amongst the big guys and that you are a pro now, you are wrong. And let us not compare large hedge funds with ordinary traders here. Large hedge funds risk less and if they produce 10% per year let them think it...Ignored