How much do you make? | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How much do you want to make and why do you want to make it 17 replies

How much time did it take you to make progress? 55 replies

ROE for 2007 aka How much did you make out of Forex this year? 1 reply

How much you make per day 30 replies

How Much Can You Make in EU Market? 1 reply

Attachments: How much do you make?
Exit Attachments

How much do you make?

  • #101
  • Aug 11, 2012 10:39am Aug 11, 2012 10:39am
Quoting Ill-b-back
Keep an eye out for my statements Mingary and we'll see who turns green
When I see someone posting statements online to the endless internet skeptics, egomaniacs, sore losers and trolls instead of actually trading or enjoying his/her returns, I question whether he/she is a real pro. It's just a silly thing to do.


http://www.thelas.info/wp-content/up...-is-wrong2.jpg


Don't get me wrong, it's okay to be skeptical and ask questions about market randomness (actually it's good), but to claim the market as unbeatable and demand that those who do win go out of their way to prove to you otherwise? lol Get over yourselves.
  • #102
  • Aug 11, 2012 11:02am Aug 11, 2012 11:02am
Quoting Valid90
As a beginner, I can only admire those having steady income from fx market. I started last year and i'm still on a demo account. I find it so difficult to have regular returns given the fact that you have to be always on alert concerning news affecting the pairs you are trading , plus you have to create, test and improve a strategy knowing that your hypothetical results don't guarantee future gains and finally deal with all the shitty tricks of your broker like the most loved one: stop hunting
Hi Valid,

I wount give you signals or a written trade strategy but ill send you a PM with some very usefull tips on how to drastically reduce your learning curve, and over a period of time, develope a consistent and highly profitable trade entry and exit method totally suited to your person.
The only way not to think about money is to have a great deal of it
  • #103
  • Aug 11, 2012 11:59am Aug 11, 2012 11:59am
Asking somebody about "how much you make" is simply rude and childish. It shows that you are only interested in money and not in a learning process which itself is amazing. Such an info will not make you a better trader same as blomberg terminal won't.
Hedge fund trader trying to prove something on public forum is pathetic as well (sorry mate),
The best traders are the one that do not talk about money - they talk about trading as money is not important. Just because somebody does 10% a month doesn't mean you will ever do 5.
Big props for the guy who dig the whole thing after 8 years or something, If I won't be able to go full time in next two I will quit and do something else.
Three years is more than enough at least for me - anything above is not worth it.
Be serious guys
Tom
swing it!
  • #104
  • Aug 11, 2012 12:04pm Aug 11, 2012 12:04pm
@Tom: Well said sir.
  • #105
  • Aug 11, 2012 12:09pm Aug 11, 2012 12:09pm
Quoting Makavelli7
Hi Valid,

I wount give you signals or a written trade strategy but ill send you a PM with some very usefull tips on how to drastically reduce your learning curve, and over a period of time, develope a consistent and highly profitable trade entry and exit method totally suited to your person.
Thanks a lot Makavelli
  • #106
  • Aug 11, 2012 2:00pm Aug 11, 2012 2:00pm
I havent made even a dollar since i started. For me is always like this:

Lose big -> win slowly -> break even -> lose big.

Repeat



I have stopped trading, I am taking a break, i'll come back next year.

But again i am very busy person, so i havent learned a lot. I dont even have time to trade.
  • #107
  • Aug 11, 2012 3:19pm Aug 11, 2012 3:19pm
Quoting Ill-b-back
The fact that there are people willing to part with 30 pounds to buy a book they already know is going to tell them they simply can't win in the markets, only shows how many idiots there are in this world
About those idiots ... Surely you realize that many people spent a lot,lot more than 30 pounds on trading related books or trading related services and 90% of it is all crap.
Looking for answers in the usual places is not going to work.
It's like preaching to the choir.
  • #108
  • Edited 5:05pm Aug 11, 2012 4:18pm | Edited 5:05pm
Quoting Marv
When I see someone posting statements online to the endless internet skeptics, egomaniacs, sore losers and trolls instead of actually trading or enjoying his/her returns, I question whether he/she is a real pro. It's just a silly thing to do.


http://www.thelas.info/wp-content/up...-is-wrong2.jpg


Don't get me wrong, it's okay to be skeptical and ask questions about market randomness (actually it's good), but to claim the market as unbeatable and demand that those who do win go out of their...
I understand what you are saying, but check my previous post, I am no pro, never said I was.
Mingary and I have a little history in a previous thread.
The reason I am doing this is because rookies (me and others), gain nothing from the rediculous idea that no one can make long term sustainable profits in forex. This is Mingarys idea and it seems to be the idea that is evolving in this thread also.

A previous thread, (long term profitable in forex is impossible), seems to have died (thank goodness) but unfortunately this thread seems to be taken over by the same negative skeptics.

It was discussed in that thread that a negative argument is very hard to prove (impossible profits), so in the interest of encouraging fellow rookies and confirming my own theory of control rather than randomness in the GU market, I will post my statements.
Correct, this is the Internet we do have greater flexibility with expression, so that's what I'll do.
Negativity in this game is pretty much the LAST thing we need.
Come with me if you want to live....
  • #109
  • Edited 5:03pm Aug 11, 2012 4:25pm | Edited 5:03pm
Quoting Mingary
About those idiots ... Surely you realize that many people spent a lot,lot more than 30 pounds on trading related books or trading related services and 90% of it is all crap.
Looking for answers in the usual places is not going to work.
It's like preaching to the choir.
I totally agree 100 percent, I have never purchased or read a single forex book. So why is the one you posted any different??

Have you contacted the 3 pro traders here on FF I told you about?

I've said it before and I'll say it again, "those who do not know how to trade are in no position to judge its potential". Their negativity only discourages others. Mingary wants proof, I will provide it.
Come with me if you want to live....
  • #110
  • Aug 11, 2012 5:11pm Aug 11, 2012 5:11pm
Quoting Ill-b-back
Keep an eye out for my statements Mingary and we'll see who turns green
I agree with you, but I'm afraid you'll never convince a skeptic. Show them 2 years of profit, 5 years of profit, 10 years of profit....... and they will still say that you're nothing more than a statistical outlier, the unwitting product of a random distribution.

@Mingary:
I agree, Taleb is a great author. I’ve read both Fooled by Randomness and the Black Swan. I also agree that the effect of statistical fluctuation is grossly underestimated by the vast majority of people.

But, at least as far as I'm aware, nowhere does Taleb state outright that profitable trading is impossible.
  • #111
  • Aug 11, 2012 5:22pm Aug 11, 2012 5:22pm
Quoting hanover
I agree with you, but I'm afraid you'll never convince a skeptic. Show them 2 years of profit, 5 years of profit, 10 years of profit....... and they will still say that you're nothing more than a statistical outlier, the unwitting product of a random distribution.

@Mingary:
I agree, Taleb is a great author. I’ve read both Fooled by Randomness and the Black Swan. I also agree that the effect of statistical fluctuation is grossly underestimated by the vast majority of people.

But, at least as far as I'm aware, nowhere does...
I just don't believe in complete randomness in GU market. That's why I decided to trade it only.
Yep hard to convince a skeptic, but I look forward to casting a thick cloud of doubt on their argument all the same.
An unwitting product of random distribution...
Maybe.., my mum always said I was special
Come with me if you want to live....
  • #112
  • Aug 12, 2012 11:34am Aug 12, 2012 11:34am
Quoting mm2mm
I havent made even a dollar since i started. For me is always like this:

Lose big -> win slowly -> break even -> lose big.

Repeat



I have stopped trading, I am taking a break, i'll come back next year.

But again i am very busy person, so i havent learned a lot. I dont even have time to trade.
Stop trading man, it's not working for you,Give it up
  • #113
  • Aug 12, 2012 11:45am Aug 12, 2012 11:45am
Quoting mm2mm
I havent made even a dollar since i started. For me is always like this:

Lose big -> win slowly -> break even -> lose big.

Repeat



I have stopped trading, I am taking a break, i'll come back next year.

But again i am very busy person, so i havent learned a lot. I dont even have time to trade.
it takes years and a lot of dedication to become good at this, and some never make it. You need to ask yourself if it's worth it. And since you are a very busy person and have not time to learn I suggest you entrust your money to a money manager or put it into a fund.
  • #114
  • Aug 12, 2012 12:55pm Aug 12, 2012 12:55pm
Quoting Makavelli7
He should start pasting his trades on a f..k..g explorer to prove what point? and to who?. He's not selling any stupid EA program niether is he looking for any micro accounts.

All you newbies, dont be discouraged by what some frustrated traders who are too lazy to do the hard work and are always jumping from one EA to another are saying here.

Forex trading is the most lucrative business on earth, but the money is not on a tree where you just stroll by and pluck, youll have to put in years of hard work, sweat and blood and a whole lot of determination....
Prove to no-one. When you claim something and don't come with any proof, then people have the right to skeptic and when people are skeptical, you start to call them idiots, who is the real idiot here?

We are just keyboard warriors basically lol, if you are making it and didn't contribute nothing regarding to trading here, then that's it, you are nothing, like me. Just some big ego, that's all.
  • #115
  • Aug 12, 2012 1:20pm Aug 12, 2012 1:20pm
Quoting duyk20
Prove to no-one. When you claim something and don't come with any proof, then people have the right to skeptic and when people are skeptical, you start to call them idiots, who is the real idiot here?

We are just keyboard warriors basically lol, if you are making it and didn't contribute nothing regarding to trading here, then that's it, you are nothing, like me. Just some big ego, that's all.
Well said Duyk , it's simple , when you boast of some success , prove it or just don't talk about the subject , period.I can't be seen to be saying , "I am the best in so and so " and when people ask for proof , you say " You are being Idiotic in asking proof " , now that's a bit funny
  • #116
  • Aug 12, 2012 2:11pm Aug 12, 2012 2:11pm
Quoting tafadzwa02
Well said Duyk , it's simple , when you boast of some success , prove it or just don't talk about the subject , period.I can't be seen to be saying , "I am the best in so and so " and when people ask for proof , you say " You are being Idiotic in asking proof " , now that's a bit funny
So when I boast about my successful company that makes good profits every year, then according to your logic I have to give him the financial statements and the memorandum of partnership? haha, what a joke. That I would find idiotic. Nobody would ever do that.

Get some realism.
  • #117
  • Aug 12, 2012 2:26pm Aug 12, 2012 2:26pm
Quoting Custos
So when I boast about my successful company that makes good profits every year, then according to your logic I have to give him the financial statements and the memorandum of partnership? haha, what a joke. That I would find idiotic. Nobody would ever do that.

Get some realism.
+1

Demanding proof of success is just as silly as boasting about it online. One does not justify the other in anyway.

I guess some people just don't understand the interwebs though. Not everything is to be taken as "serious business" here simply because this is not the real world and not everything is verifiable here, so just deal with it and try to use forums for something a bit more useful or at least more fun.
  • #118
  • Aug 12, 2012 3:15pm Aug 12, 2012 3:15pm
He he...
the topic of this thread has taken quite a predictable twist
he he...
Come with me if you want to live....
  • #119
  • Aug 12, 2012 7:59pm Aug 12, 2012 7:59pm
What I'm trying to say is that in general forex is not profitable. Most people lose money. True there are a few lucky ones who make it who spent 5+ years of learning. And yes, it is all about money. Why would I trade forex as my own business and not make a lot of money? I would expect to make $150k a year at the very minimum if I would trade for a living. I would expect to make the same amount if I had any other business. Go big or go home! But to make that amount of money with forex would take anyone from 10 years to infinity or simply never. With that amount of time one can come up with a much better business idea which would earn much more money. Plus the richest people in the world didn't get rich from trading forex, FACT! Maybe I should create a thread with a poll asking how many people bought or can easily afford a $100k car with the money they make from forex. But we all know that answer is easily zero.
  • #120
  • Aug 12, 2012 8:08pm Aug 12, 2012 8:08pm
Quoting trickshady
What I'm trying to say is that in general forex is not profitable. Most people lose money. True there are a few lucky ones who make it who spent 5+ years of learning. And yes, it is all about money. Why would I trade forex as my own business and not make a lot of money? I would expect to make $150k a year at the very minimum if I would trade for a living. I would expect to make the same amount if I had any other business. Go big or go home! But to make that amount of money with forex would take anyone from 10 years to infinity or simply never. With...

I understand your sentiment. But 5+ years of hard work/study, should not be confused with Luck wouldn't you agree? Personally, there is no way I would put 5+ years effort into any venture if luck was to decide my fate.
Come with me if you want to live....
1 trader viewing now