Poll: How much money have you made/lost in forex ? | Forex Factory

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[POLL] How have you been doing in FOREX? 2 replies

Poll: How much money have you made/lost in forex ?

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  • #1
  • First Post: Apr 2, 2012 1:20am Apr 2, 2012 1:20am
Following the discussion in FX4Newbies's poll, I thought it would be interesting to quantify the gains/losses of the participants here (while fully recognizing the inherent shortcomings of such a poll).

The poll is anonymous, so those who read it will not know who voted what.

The poll currency is the USD, but of course you would be required to convert from you deposit currency(-ies).

Also, for clarity purposes, this poll is only about spot forex results (no futures, commodities, stocks, derivatives etc).
  • #2
  • Apr 2, 2012 2:04am Apr 2, 2012 2:04am
Consistently profitable....daily pip goals....how many pips a day to make a living....which time frame....how long in a trade........and now how much have you made/lost?

lol, is this the season-for-silly-polls or something!

I got one, how long do you spend thinking up new ideas for FF polls?
  • #3
  • Apr 2, 2012 2:15am Apr 2, 2012 2:15am
Quoting pipmutt
Consistently profitable....daily pip goals....how many pips a day to make a living....which time frame....how long in a trade........and now how much have you made/lost?

lol, is this the season-for-silly-polls or something!

I got one, how long do you spend thinking up new ideas for FF polls?

Well, they say good trading is boring, so we must find something to do
  • #4
  • Apr 2, 2012 2:32am Apr 2, 2012 2:32am
Quoting micmic

Well, they say good trading is boring, so we must find something to do
lol, yep it sure beats buying crap on eBay!

I wonder if the 'made' and 'lost' will balance......
  • #5
  • Apr 2, 2012 2:37am Apr 2, 2012 2:37am
Quoting micmic
Well, they say good trading is boring, so we must find something to do
Good for you .
Trade what you see, not what you think or feel. Let the market come to you.
  • #6
  • Apr 2, 2012 3:01am Apr 2, 2012 3:01am
Unfortunately, dollar amounts will not tell you anything, and I'm thinkin' you should know this.

Percentages would be more useful, but then there's a timeframe factor.
  • #7
  • Apr 2, 2012 3:15am Apr 2, 2012 3:15am
Quoting ToeCutter
Unfortunately, dollar amounts will not tell you anything, and I'm thinkin' you should know this.

Percentages would be more useful, but then there's a timeframe factor.

Indeed, my first thought was to make a much more complicated poll, taking into account the starting capital, the timeframe, etc. Then I found out that the limit of 40 poll options was not enough
  • #8
  • Edited 4:27am Apr 2, 2012 3:53am | Edited 4:27am
Quoting ToeCutter
Unfortunately, dollar amounts will not tell you anything, and I'm thinkin' you should know this.

Percentages would be more useful, but then there's a timeframe factor.
You are partly correct...dollar amounts alone will not give any more valuable information. It takes alot to structure a poll to extract very specific information. This general poll, as simple as it is, will tell just one thing: How much money has been made or lost trading FX by those who vote, if they vote honestly. It is not designed to give any more information. Maybe that's all the thread/poll starter wants to know about for now. That's okay too .

FX4

P.S. Overlapping choices can be a problem...$1,000-$9,999 then on to $10,000 etc is ideal, but it is hardly likely that many people would have made exactly those category limits, so it should be okay.
Trade what you see, not what you think or feel. Let the market come to you.
  • #9
  • Apr 2, 2012 4:00am Apr 2, 2012 4:00am
Down $230.50
  • #10
  • Apr 2, 2012 4:22am Apr 2, 2012 4:22am
Quoting micmic

Indeed, my first thought was to make a much more complicated poll, taking into account the starting capital, the timeframe, etc. Then I found out that the limit of 40 poll options was not enough
How about % of net worth....but then again you'd probably need a link somewhere to explain what it is and how to calculate it, and probably another link with instructions on how to use a calculator!
  • #11
  • Apr 3, 2012 4:07am Apr 3, 2012 4:07am
3 people have lost more than 1 million ? And they are still here ?

And I thought that *I* was persistent
  • #12
  • Apr 3, 2012 6:18am Apr 3, 2012 6:18am
Quoting pipmutt

I got one, how long do you spend thinking up new ideas for FF polls?

I think we need to start a poll to find out which poll is the best.
  • #13
  • Apr 5, 2012 1:09am Apr 5, 2012 1:09am
Quoting -nate-dogg-

I think we need to start a poll to find out which poll is the best.



I think so too, but let's start a poll on it to see how many agree......
  • #14
  • Apr 5, 2012 12:01pm Apr 5, 2012 12:01pm
Quoting pipmutt



I think so too, but let's start a poll on it to see how many agree......
Or maybe start a poll, on if we should start a poll.......
Memories caught in time but never forgotten
  • #15
  • Apr 5, 2012 12:54pm Apr 5, 2012 12:54pm
Quoting j4d

Or maybe start a poll, on if we should start a poll.......
I'm not sure, maybe we should have a.......poll?

lol, this could go on forever!
  • #16
  • Apr 5, 2012 1:11pm Apr 5, 2012 1:11pm
Consistently loser: -3000$ since 2 years ago till now

A few advices from my experience:
- Use always SLs (cut your losses soon).
- Don't use TP: hold the trade until the trend ends (let your profits run...).
- Use S/R for enter and breakouts of S/R for exit.
- Never use averaging down, martingale, pyramiding, etc.
  • #17
  • Apr 5, 2012 6:43pm Apr 5, 2012 6:43pm
I voted for +million.....

WOOF !
Master your Mind,,,Master the Market
  • #18
  • Apr 10, 2012 10:41am Apr 10, 2012 10:41am
when its about lsong money I guess we all have a story to share, at to that I've blown a couple of accounts in the past (not fun at all) make some lose some, that forex, trying to find that place in between where we can make a couple of decent bucks steadily..
  • #19
  • Apr 10, 2012 11:23am Apr 10, 2012 11:23am
Quoting bluesteele

I voted for +million.....

WOOF !
Hey gimme my 1m back, I voted -million!

woof
  • #20
  • Apr 10, 2012 6:24pm Apr 10, 2012 6:24pm
For now:

Winners: 14/56 = 25%

Breakeven+losers: 42/56 = 75%

Results are closer to the reality.
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