How do I make millions trading Forex?

Just look I today's situation guys.
People made millions within minutes.
Of course barring some odd individual cases they were all people who were supposed to make money on that giant move

Hi, im looking for people to share the cost and risks of buying a private(non martingale) EA i have found.
If anyone is interested please PM you skype/icq contacts i will give you the links to monitoring and backtest.

Depends on how you can dream.

01. 10% risk:10% plus spread reward per trade + 10 tades a week+ success:failure ratio 6:4 = 20% profit per week
03. 20% profit per week X 52 weeks = 1,040% (or 10.4 times) a year (No compounding)
05. 10.4 times x 5 years = 52 times in 5 years (No compounding)
07. $1,000,000/52 = $19,331 starting capital

02. Consistent execution
04. Consistent execution
06. Consistent execution

ALTERNATIVELY:
Starting capital $100,000 + 1% risk/reward per trade + 10 trades a week + success:failure ratio 6:4 = 2% profit ($2,000) per week.......... and live happily everafter.

unnecessary. Just explain that it is almost impossible. Being inexperienced doesn't mean that she/he is an idiot.

it is possilbe to generate millions from forex but this is very unlikely the odds are less 1%

let's say you start with 10000$ risking 50% of your account in each trade .you may need 10000% profit reach one million if you are so lucky that means you need only 10 successful trade or less . that's extremely hard even though I know a friend who once made 4400% profit in a day.

but I even doubt that the most honest brokers in the world would pay you one million from 10000$ or even 20000$ deposit

so as someone here said ,if you believe that you are so lucky then it is better to buy a lottery ticket

If someone is willing to risk 50% of their account on one trade they'd be better off in a casino, they couldn't call themselves a trader. Its totally unnecessary! Also, as far as brokers are concerned, if you trade with a properly licensed broker, you can take your account from x to x amount of money and they will pay it unless you have gone against their terms of service in some way.

You become the broker! #win

"The market is a whore. It's out to f*ck as many people as it can."

Yeah, I get f*cked lots. Guess I must love it then.

How do I make millions trading Forex?

I can't tell you that.

But I can tell you how to make 1 million.
You start with 5 million
After 3 days you have 1 million left
-- you just made 1 million !

Work for a LONG time, and get good. Then, if you dont have the seed money, borrow it. Trade, and be happy

Never been so easy you only need $10

Go sell books, indicators, EA's and every possible tool that you can imagine to "help" other traders and you get millionaire in no time, most "gurus" made it.

Trading has never been so easy as this, but instead of currencies you need to sell books and other sh*t.

You all do realise that the troll that started this thread hasn't posted here again.
He just laid out the bait and watched the dance.... which really makes one rethink the whole idiot thing!

Doesnt matter, atleast other guys see this thread and hopefully learn from it.

Good point!

You can give me 10 millions, if i lose the half you will still be millionaire buddy, lol Plus50

Just hand over a few millions over here and I'll tell you how to do it..sound good?

you cannot make millions scalping that's for sure. #swing_trade

Yes of course one can make millions trading - trading fx, futures, stocks, options, whatever. Although the vast majority who attempt to do so fail miserably, many who try do succeed. And so can you. I am going to tell you exactly how to do it.

1) Get a job. If you already have a job, great, you're already ahead of the game. If you are young, get an education that will lead to gainful employment. Whoever you are and whatever you do, you must take steps to maximize your income from actual employment.

Unless you already have a lot of money, you must abandon the idea that you are going to "make a living" from trading. If you can not do this, you are putting a huge obstacle in your path to making millions trading. You need to have reliable, steady income that covers all of your expenses and contingencies and still leaves you with a surplus to continually fund your trading accounts.

2) Learn to live frugally. Frugal is good, Spartan is better. I have known many people who have millions, and a general rule among them is that they are careful with their money. Trust me, the fastest way to make millions trading is to trade from accounts that are large and getting larger in size. You need to save any and all money that you might be tempted to waste on things that you do not actually need and put that in your trading accounts.

3) Learn to trade. This is going to take some time, at least a few years and maybe longer. Start out on demo or with trivial amounts of money. The lure of fx trading is you can trade with a micro account. You have to commit more if you want to trade options or futures. But, you can trade demo on anything for free.

Learn how to trade thoroughly and in a variety of ways to the extent that you know you can be a successful trader. How will you know? The equity in your accounts will increase steadily over time, without unacceptable drawdowns and without account blow-ups. If you can't show these kinds of trading results over a minimum of 2-3 years, you have no chance of making millions trading.

4) After you have learned to trade, trade. Do not trade for entertainment: you're on a mission. Establish goals and bust your ass to meet them, month-in, month-out. Keep working. Keep living frugally. Keep injecting equity into your accounts. Be careful, above all protect that equity. If you have gotten good you should be able to make 4% a month trading, or better. 4% a month from a $50,000 start gets you to $1,000,000 in 5 years +/-. Keep it up another 5 years and you're on your way to $20 mio.

So, there ya go: it will take years of persistent effort and sacrifice but yes, it is possible to make millions trading.