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So how much are you making?

  • #41
  • Dec 29, 2008 7:13pm Dec 29, 2008 7:13pm
Quoting FOREXflash
Does it matter how much money are other members making!???
I realy dont care about that. If somebody thinks that making money is almost imposible in this game.....
what the hell are you doing here?
Yes, this is a hard game, probably the hardest we have ever played,
but that is the thing that makes me more and more atracted to it and
I will not rest until I "defeat" it!
This is my passion, and that is all that matters, and I know that
one day Ill make my living with it no matter what others say or think!

Everything is possible...
It is a lot easier to make money in this game, if you are using money that doesn't matter: money which seriously doesn't matter if you lose it. When this is the case, and you have good money management, it's not as difficult as people make it out to be. Follow the trend on a larger time scale, enter at the right time, set a sensible stop: that's it. The more one trades, the more one gets a feel for the market, but from what I've experienced, people always seem to over complicate things. Keep it simple: take emotion out, add some good money management: you're on your way.
Probability Professor
  • #42
  • Dec 29, 2008 7:26pm Dec 29, 2008 7:26pm
Quoting Galation
[color=navy]It is a lot easier to make money in this game, if you are using money that doesn't matter: money which seriously doesn't matter if you lose it. When this is the case, and you have good money management, it's not as difficult as people make it out to be. Follow the trend on a larger time scale, enter at the right time, set a sensible stop: that's it. The more one trades, the more one gets a feel for the market, but from what I've experienced, people always seem to over complicate things. Keep it simple: take emotion out, add some good...
Also, wise counsel is invaluable. Constructive criticism is wonderful, make if your best friend.
Probability Professor
  • #43
  • Edited 8:52am Apr 16, 2009 8:29am | Edited 8:52am
Last year I made more than Barack Obama
Probability Professor
  • #44
  • Apr 16, 2009 11:17pm Apr 16, 2009 11:17pm
a lot of kwvetching and complaining --- lots of "post this" or "post that" and no fair measure of plain old BS, so of what good is the thread ?

most, given a while of hanging around threads, can pretty much identify reality from stupidity ---- I havent seen Jacko's trades, but from how he talks about trading, i can figure hes doing just fine, thank you !

Many indeed are wannabees and only the most clever can maintain that pose over time before being identified as such.

but truth be told, only the REALLY experienced can see the merits or the flaws in anothers way of trading --- newbs, while i loves ya all, HAVENT got the experience to make a judgement call, which is why the validation system is set up and works (aside from the usual popularity contests) on this site --- the more experienced simply judge what they see and hear.

everyone knows i trade for a living, that i run my own shop and that i freely give constructive ideas to the newbs, trying to alter, in some way, that dreaded 95% wash out rate.

so thats it --- YES, i live off forex completely cause i like forex completely and thats pretty much IT for anything else to be said.

enjoy and trade well

mp
  • #45
  • Apr 16, 2009 11:46pm Apr 16, 2009 11:46pm
Quoting Galation
Last year I made more than Barack Obama
You had a better year. Saw The Onion? The headline said "world's worst job given to black man"
Not all sins are created equal
  • #46
  • Apr 17, 2009 3:02am Apr 17, 2009 3:02am
Quoting Jay Walker
You had a better year. Saw The Onion? The headline said "world's worst job given to black man"
I'm surprised how little, comparitiveley, the president of the USA earns on his standard salary. He has made most of his money from the sale of his two books. The CEO of Walmart makes the President of the USA look like he is earning peanuts.

I hope you had a good year mate.
Probability Professor
  • #47
  • Apr 17, 2009 3:11am Apr 17, 2009 3:11am
Quoting Galation
I'm surprised how little, comparitiveley, the president of the USA earns on his standard salary. He has made most of his money from the sale of his two books. The CEO of Walmart makes the President of the USA look like he is earning peanuts.

I hope you had a good year mate.
I think, after contemplating on it, the standard salary of the US president, excluding bonus's etc isn't incredibly high because they don't want the drive to become president, to be a monetary drive, where the candidates main drive is the money and not the passion for their country and politics. (The president's annual salary is $400,000, CEO of Walmart over $23 million)
Probability Professor
  • #48
  • Apr 17, 2009 8:36am Apr 17, 2009 8:36am
Quoting Galation
I think, after contemplating on it, the standard salary of the US president, excluding bonus's etc isn't incredibly high because they don't want the drive to become president, to be a monetary drive, where the candidates main drive is the money and not the passion for their country and politics. (The president's annual salary is $400,000, CEO of Walmart over $23 million)
It's the highest paid government job. The last time it was raised I think was under Clinton and only because some supreme court judges were making a salary that was close to that.

As a matter of image and principle, you can't have one of your staff members making more than you.

But yes, it's all about patriotism. Not accounting for the fact that the connections you make at that level are priceless and Obama still being young, could make this very, very profitable after his presidency.
Not all sins are created equal
  • #49
  • Oct 7, 2012 1:18am Oct 7, 2012 1:18am
Quoting Galation
I'm surprised how little, comparitiveley, the president of the USA earns on his standard salary. He has made most of his money from the sale of his two books. The CEO of Walmart makes the President of the USA look like he is earning peanuts.

I hope you had a good year mate.
The CEO of Walmart is doing a much better job. The President of the USA appears to be overpaid at this point.
  • #50
  • Oct 12, 2012 10:22am Oct 12, 2012 10:22am
Hi, guys. I've just started to trade on Forex and here I'm rookie I want to share pending but can't create the new thread, because needed some vouchers. How can I get them and what they are giving? Would anybody tell me what is this and for what it is needed?
  • #51
  • Oct 13, 2012 7:23am Oct 13, 2012 7:23am
Quoting candle779
Hi, guys. I've just started to trade on Forex and here I'm rookie I want to share pending but can't create the new thread, because needed some vouchers. How can I get them and what they are giving? Would anybody tell me what is this and for what it is needed?
Show people on the relevant forum threads for the pairs you trade, that you know what you are doing, giving reasons an charts for your trade calls. People may then vouch for you. Once you have enough vouches (not sure of exact number needed) you can open your own thread in the interactive trading section.

Otherwise, you can just start your own journal in the trading journal section and place your trade signals in there. People will find you.
Come with me if you want to live....
  • #52
  • Oct 13, 2012 8:03am Oct 13, 2012 8:03am
Quoting nAVIN2007
gotta love the BS 25% are making a mill and over yeah right!!!...80% of people lose in forex yet we have a poll saying 25% making over a mill...

gotta love the denial
Maybe 25% of those who are making money are making a mill?
  • #53
  • Oct 16, 2012 3:49pm Oct 16, 2012 3:49pm
I am trading in forex since 8 months and still losing money. I don't know when I will start earning money in a consistent basis.
  • #54
  • Oct 17, 2012 3:37am Oct 17, 2012 3:37am
ok so the pol says as of the moment that there are 10 people here making over a mil.. hmmmmmm
  • #55
  • Oct 17, 2012 3:46am Oct 17, 2012 3:46am
Way to dig up an ancient thread. I mean for heaven's sake!

Can some of you stop jerking off thinking of how much others make or don't make and focus on your own income instead?
Not all sins are created equal
  • #56
  • Oct 18, 2012 3:19am Oct 18, 2012 3:19am
Quoting shanewatson
I am trading in forex since 8 months and still losing money. I don't know when I will start earning money in a consistent basis.
but you are making a lot from cricket!
.
  • #57
  • Last Post: Oct 18, 2012 4:10am Oct 18, 2012 4:10am
Quoting Ill-b-back
Otherwise, you can just start your own journal in the trading journal section and place your trade signals in there. People will find you.
Thanks for feedback and good advise for me as newbie. Well I somehow didn't think to do this way. So I'll try. Thanks and have a good trading.
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