Mingary it is possible if you are good at PA and disciplined (itchy hands etc etc).... saintforex makes 100 folds in just 4 days ... open his trade explorer. He turns $ 100 into $10.000 in 4 days
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DislikedIt will probably take you something like 5 years to become consistantly profitable, assuming you have the talent. It's not about the strategy, it's about the psychology. You will be your worst enemy in those upcoming years. There is no shortcut, you'll have to make it through. But the reward is great if you survive. Also, it's a bad idea to set such goals like "$5000/per month". You can't control that and when you fail to recah the target, it will only cause you to do stupid mistakes like overtrading or using too high leverage. Even if you reach...Ignored
DislikedI don't really comment much on these forums because I don't think most people want to listen. Don't pay attention to the money, that's going to get you burn, don't even pay attention to the pips you get, try and space out you intervals where you tally up. something like 3 percent a month would be a better goal. I have been trading about a year now and I learn one thing in forex. And that is to never stop asking questions, always ask questions, even when the trade go your way still ask questions. Are you a better bull trader than bear trader, should...Ignored
DislikedTry not to pick a system, rather let a system pick you. Sounds antique yet evident. Attempt however many systems as would be prudent until the point when you discover one that doesn't struggle with you. Disregard 100% mechanical systems they can't accomplish above average outcomes. I have coded a large portion of my systems administers at the end of the day I need to make the optional call whether to exchange or not founded on P.A.Ignored
Disliked{quote} Hi faisal, you reacting to over 3 years old post,anyway I just wondering,how exactly you let system pick you? This thread started more then 4 years ago and OP is still active on FF. It would by nice from him to give us some input on his forex journey.Ignored
DislikedHi Guys, I am a newbiew in Forex but am very comitted to master trading, I don't mind spend 70 hours/week or more to master Forex trading. In fact I don't see learning Forex as working ,it is fun for me and enjoyable. A little about me : I am a small business owner. I lost a lot of money and a house in mutual fund and stock trading in 2008. I was totally devastated because of this. This occurence has caused me to be a very risk averse person. Lost a lot of money because : - Over confidence - I used money that I can't afford to lose - Emotional...Ignored
Disliked{quote} Ive been trading forex for 15 years but never with real money. Ive backtested and tested everything out their that seemed remotely profitable but neve settled on one thing. I have developed an edge which im testing and doing quite well although my motto in this game is "it works until it stops working" and so im always mindful this could stop working at any time. I have a demanding job so cannot devote the time i need to make this work effectively. My aim is to double my account 3 times before opening a live account. Im almost there and...Ignored
Disliked{quote} Constructive feedback would be welcome please. with a demo account, virtually all stat locked up, i dont think you seriously looking for feedbacks. but here is one: live results will rarely if ever will match the demo results! you will be lot better of trying to double 3x a 200$ account, than a demo, and that will still lag the emotional impact of trying to double a 10-20k account, etc...Ignored
Disliked{quote} Ive been trading forex for 15 years but never with real money. Ive backtested and tested everything out their that seemed remotely profitable but neve settled on one thing. I have developed an edge which im testing and doing quite well although my motto in this game is "it works until it stops working" and so im always mindful this could stop working at any time. I have a demanding job so cannot devote the time i need to make this work effectively. My aim is to double my account 3 times before opening a live account. Im almost there and...Ignored