Where do all your forex profits go to? | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Why your broker is your friend and your enemy 8 replies

Cutting your risk, letting your profits run 7 replies

What happens to your unemployment benefits if you make profits in forex 5 replies

Is it true that FOREX profits are not taxable until withdrawn from your account? 32 replies

GBP or EUR long this month?: How was your profits? 28 replies

Attachments: Where do all your forex profits go to?
Exit Attachments

Where do all your forex profits go to?

  • #81
  • Jan 19, 2010 1:11am Jan 19, 2010 1:11am
champagne room pala.hehe
  • #82
  • Jan 19, 2010 7:46am Jan 19, 2010 7:46am
my forex profits go to my normal work earnings, as long as they are negative
hope that will change soon
  • #83
  • Jan 19, 2010 11:29am Jan 19, 2010 11:29am
EveryOne is talking about forex profits but what about the forex loses??? lol
I think here everyone is a successful trader where as this famous sentence is false that 95% losers & 5% winners
From this thread it seems 5% losers & 95% winners
By the way i spend my profits on travelling & loses went to hell
PipHacker
  • #84
  • Feb 20, 2010 2:19am Feb 20, 2010 2:19am
PipHacker,
we are in this business to make money (& hopefully attain financial freedom).
& my curiosity lead me to the thread question.

having said that, u have a point... but its beyond the scope of this thread.
  • #85
  • Feb 23, 2010 11:49am Feb 23, 2010 11:49am
Traveling, cars, investment properties, and pay bills... pretty much everything since this is my full time job. I have 2-3 losing months out of the year they are generally kept quite low. I save a good portion of my winning months to cover bills for the losing months.

Stace
  • #86
  • Mar 7, 2010 5:08am Mar 7, 2010 5:08am
Hey Stace!
Traveling & investment properties -- international? like where?
cars? like how many & which ones?

pretty independent... commendable
  • #87
  • Mar 12, 2010 3:11pm Mar 12, 2010 3:11pm
Quoting welshguy2000
For me, it all goes back into other investments.

The long term goal is to buy one of these and trade on that!

http://www.superyachttimes.com/artic...May-01-big.jpg

My mate works on there & has sent me some pictures, its crazy how much money it cost to build!!
Id be happy if I could buy the little boat (front right of picture) with trading profit. That would really be something
BTC Return This Year: na
  • #88
  • Mar 12, 2010 9:32pm Mar 12, 2010 9:32pm
Mine goes to snowboarding and well everything now that I lost my job
  • #89
  • Mar 15, 2010 8:59pm Mar 15, 2010 8:59pm
Quoting M.A.C.Doug
Id be happy if I could buy the little boat (front right of picture) with trading profit. That would really be something
i think u are too humble...
i think u CAN already buy one if u want to
  • #90
  • Mar 15, 2010 8:59pm Mar 15, 2010 8:59pm
Quoting Dstroydnside
Mine goes to snowboarding and well everything now that I lost my job
wow, u got too much time now in your hands
  • #91
  • Mar 20, 2010 1:06pm Mar 20, 2010 1:06pm
I live off my profits, however, I dedicate 20% of my earnings to a fund I have that will pay for my body to be completely cryogenically frozen after I die. I hope and believe in the near future that we will have the technological aptitude be able to revive a person back to normal state of life after being in cryo freeze state for some period of time.
  • #92
  • Mar 21, 2010 5:49pm Mar 21, 2010 5:49pm
A boring response, sorry:

30-50% of monthly profits are re-invested - some stay in the account to grow capital and then also other investments. The rest comes out as income - for all the usual stuff; living, family, etc.. If I have a better than forecast month I also like to set aside some for a little reward.
  • #93
  • Mar 21, 2010 6:02pm Mar 21, 2010 6:02pm
Women and Drink, the rest I waste
  • #94
  • Apr 2, 2010 9:18pm Apr 2, 2010 9:18pm
Quoting mfoste1
I live off my profits, however, I dedicate 20% of my earnings to a fund I have that will pay for my body to be completely cryogenically frozen after I die.....
very futuristic answer
time will tell.
  • #95
  • Apr 2, 2010 9:19pm Apr 2, 2010 9:19pm
Quoting Hedginghog
A boring response, sorry:
....
not really boring, Sir.
what 'little' rewards.. can u share?
  • #96
  • Apr 2, 2010 9:22pm Apr 2, 2010 9:22pm
cell phone and electric bill
  • #97
  • Apr 3, 2010 5:19am Apr 3, 2010 5:19am
Never saw my money back.
.
  • #98
  • Apr 3, 2010 6:30am Apr 3, 2010 6:30am
Quoting nasir.khan
Never saw my money back.
.
I think you are the first person inthis thread who is speaking truth...haha
I love traveling but most of money i spend on that is not from forex profits... Coz i trade forex not for living infact i love trading forex thats why...
  • #99
  • Apr 3, 2010 6:31am Apr 3, 2010 6:31am
Hey nasir,
dont worry, we'll get them all back.... & then some
Just a matter of time.
  • #100
  • Apr 3, 2010 6:57am Apr 3, 2010 6:57am
Quoting nasir.khan
Never saw my money back.
.
Finally a honest answer ! Congrats Nasir Khan
0 traders viewing now