Who has become rich trading forex? | Page 20 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Has anyone become wealthy from forex? 172 replies

Why the rich could not become richer? 13 replies

Will most Forex brokers even allow you to become rich? 6 replies

Has MT4 Multi Account Terminal trading become obsolete? 2 replies

Has trading become harder? 0 replies

Attachments: Who has become rich trading forex?
Exit Attachments

Who has become rich trading forex?

  • #381
  • Jul 21, 2014 12:38pm Jul 21, 2014 12:38pm
Quoting yazzie
{quote} Victor, see answers below: #1- I've been Trading full time with NO other job for 18 months now. I worked in the Corporate World for over 20 years, am single with no family or debt, and was lucky to be in the right place at the right time a few different times in my corporate Career. Therefore I was able to start trading with about $30K Capital. #2 - So over the course of the past 18 Months I decided to really treat this as a business, set up a corporation for my trading business (for tax purposes) and only trade in my business. From my earning...
Hi Yazzie,

Who is your broker? what about the very realistic chance of the broker going bankrupt and us losing part or all of our accounts especially in forex, look what happened with MF Global futures accounts even with all the regulations in the futures industry ..... forex has even less regulation so really curious to know your broker
  • #382
  • Jul 21, 2014 3:32pm Jul 21, 2014 3:32pm
Quoting fugly
{quote} Hi Yazzie, Who is your broker? what about the very realistic chance of the broker going bankrupt and us losing part or all of our accounts especially in forex, look what happened with MF Global futures accounts even with all the regulations in the futures industry ..... forex has even less regulation so really curious to know your broker
Well yeah, I guess there is always the possibility (low IMO) it could happen. Being with a Publicly traded company with a market cap greater than $1.2 Billion and one of the largest brokers in the industry does provide some comfort however. I'm with FXCM and very happy with them and my account team.
  • #383
  • Dec 6, 2015 9:32pm Dec 6, 2015 9:32pm
any trader target is how make profit as much as they can, even they know about they will lose if they trade with a big lot, but they r not scare lose, they just do trading, so when u wanna become a good trading u need a good mentality, so u can stay at forex trading.
  • #384
  • Dec 8, 2015 4:45am Dec 8, 2015 4:45am
There are so many replies, theories and not one rich guy here.
I start to suspect that everything is not that easy. Unless all the millionaires are hiding at another forum
  • #385
  • Dec 8, 2015 7:45am Dec 8, 2015 7:45am
Quoting Oliver_Chart
There are so many replies, theories and not one rich guy here. I start to suspect that everything is not that easy. Unless all the millionaires are hiding at another forum
LOL
But yeah, I agree with you. I can say it still rare to find a rich trader out there because most of us still considering this business as a part time business...
  • #386
  • Dec 8, 2015 8:03am Dec 8, 2015 8:03am
Quoting SamsuSamsul
{quote} LOL But yeah, I agree with you. I can say it still rare to find a rich trader out there because most of us still considering this business as a part time business...
You know, I think there are rich traders. But they are not retail traders. These most likely work for a large companies and know something what we all don't know.
  • #387
  • Dec 8, 2015 7:18pm Dec 8, 2015 7:18pm
Ive been trading for 4 years and im finally starting to feel like i might actually get somewhere but as yet I havent made any money just learnt a lot
  • #388
  • Dec 10, 2015 3:14am Dec 10, 2015 3:14am
Quoting mozart4646
Ive been trading for 4 years and im finally starting to feel like i might actually get somewhere but as yet I havent made any money just learnt a lot
What knowledge gave you in this case?
  • #389
  • Dec 10, 2015 3:57pm Dec 10, 2015 3:57pm
Quoting Oliver_Chart
{quote} What knowledge gave you in this case?
At the moment Im feeling defeated. Ive made some great trades this week but overall I havent made a profit. So Im looking at education Im ordering some books on trading and reading more about how to imporove my win rate. Some things I have done to improve my trading is to change my leverage to 25:1 this is really important it stops you from making foolish large lot sizes. Ive also changed my stop to 10 pips It was 20 pips but I figure if it goes wrong better to lose a lottle than lose a lot and it improves my risk to reward but im still chasing the holy grail
  • #390
  • Dec 10, 2015 7:48pm Dec 10, 2015 7:48pm
Things are looking up. SHort the Aus/usd up 10% so hopefully a good end to the week
  • #391
  • Dec 10, 2015 9:20pm Dec 10, 2015 9:20pm
Bottom line, there are plenty of "real" people that make real money trading. Stop telling yourself and others that it is a "scam" or that "only the big guys make money" trading forex. It just takes time and trial and error and experience to discover what works and what doesn't.

Look at the examples below.

So now you know, "yes" there are "regular" people like you who make millions trading forex. Yes there are people making money regularly in trading period.

So, now we can all quit asking that question and making excuses.

Now you can move on to simply deciding how determined you are to stick with it until you succeed yourself.

This is not meant to chastise anyone, but to put the question to bed and to encourage you that it is worthwhile if you take it seriously and be persistent in learning.

http://www.myfxbook.com/members/FXVi...account/616112

http://www.myfxbook.com/members/FXVi...markets/882236

https://www.myfxbook.com/members/ric...der100/1437809

https://www.myfxbook.com/members/ban...rategy/1243785

Inserted Video
  • #392
  • Dec 11, 2015 1:41am Dec 11, 2015 1:41am
Quoting RichFXTrades
Bottom line, there are plenty of "real" people that make real money trading. Stop telling yourself and others that it is a "scam" or that "only the big guys make money" trading forex. It just takes time and trial and error and experience to discover what works and what doesn't. Look at the examples below. So now you know, "yes" there are "regular" people like you who make millions trading forex. Yes there are people making money regularly in trading period. So, now we can all quit asking that question and making excuses. Now you can move on to simply...
Lol
Those who saying that labeling this business as scam were losing their trade in a single order, or even got themselves scammed by bad brokers.
  • #393
  • Dec 11, 2015 1:53am Dec 11, 2015 1:53am
Quoting JenalAripin
{quote} Lol Those who saying that labeling this business as scam were losing their trade in a single order, or even got themselves scammed by bad brokers.
All I know is that people who know what they are doing make money and lots of it.

It is a personal choice to either make excuses or learn how to win and make money.
  • #394
  • Dec 11, 2015 4:09am Dec 11, 2015 4:09am
Quoting RichFXTrades
Bottom line, there are plenty of "real" people that make real money trading. Stop telling yourself and others that it is a "scam" or that "only the big guys make money" trading forex. It just takes time and trial and error and experience to discover what works and what doesn't. Look at the examples below. So now you know, "yes" there are "regular" people like you who make millions trading forex. Yes there are people making money regularly in trading period. So, now we can all quit asking that question and making excuses. Now you can move on to simply...
It looks amazing!!!
  • #395
  • Dec 12, 2015 11:23am Dec 12, 2015 11:23am
A successful trader does not ask for PM or selling signal. They hardly share their edge and looking for people to scam. They don't make noise. They trade their own method
DO NOT PM ME FOR MY METHOD OR ANYTHING PLEASE, I WOULDN'T RESPOND
  • #396
  • Dec 14, 2015 9:00am Dec 14, 2015 9:00am
Professional traders can become rich off trading. I don't know whether ordinary people who are only casual traders can become rich too, but I am sure - as I have seen it and done it - that they can supplement their income through trading quite a bit.
  • #397
  • Dec 14, 2015 9:31am Dec 14, 2015 9:31am
Quoting dianajs
Professional traders can become rich off trading. I don't know whether ordinary people who are only casual traders can become rich too, but I am sure - as I have seen it and done it - that they can supplement their income through trading quite a bit.
You get out of it what you put in. You put in casual effort and time you will get casual results. You put in serious time and effort you will get serious results.
  • #398
  • Dec 14, 2015 11:19am Dec 14, 2015 11:19am
this is today and for the record its not mine..

Attached Image (click to enlarge)
Click to Enlarge Name: photo_2015-12-14_20-18-45.jpg Size: 86 KB
practising coitus interruptus
  • #399
  • Dec 14, 2015 11:40am Dec 14, 2015 11:40am
The one who get rich in trading believe they can make money while trading. Loser always doubt they will make money or get rich quick. Even a farmer have to be patient to seed their grain.
  • #400
  • Dec 17, 2015 3:57am Dec 17, 2015 3:57am
to be a rich trader is not easy, u should do it step by step, just by using a small lot and trying to make constant profit and keep it, and try to raise ur lot, and i'm surely think that u can be a rich trader.
4 traders viewing now