After reading some post here, I am interesting share my strory...
Trading forex for me is not for 5-10 per month, compared to the risk you facing, this is nothing....
You want 30-50% per years with less risk...?.. other real business is available out there
An opinion said that you must risk not more than 1-2% of your account but at the end your account blown anyway, you know the answer....Psychological matter
I 'have been trading for about 3 years, during the period, Lost totally almost 20.000 USD...., actually most of position maybe more or less 70% position win but huge lost in remaining trade....
The most interesting is when I grew account from 700 to 3600 usd within 1.5 month, but....3600 become 0 just within 4 days only.....when this thing happened I began hopeless and starting think what I have done,,,???
I was starting thinking, is there anybody out there really make money from this thing?...., I remember my friend also mentor in trading...at the starting of his trade, he made money consistently until he had a huge loss during GBP / USD crash more than 2000 pips couple years ago, after that he trade small capital not more than 200 USD, owww.....how come?....I think He is smart, knowing technical and fundamental very well, Dr of Science department, still loss confident to trade with big capital....one day I see his account with only 2 USD remaining.....
Another story from other friend...he losses all account after growing 1700 to 30.000 usd, similiar story....
I've read also similar story a trader who won million dollar finally loss all his gain, so I am thinking the ending of trading is always losing, the only winner is market mover, the one who able to make market moving to any direction they want...
One black swan like USD/CHF recently is enough to blow your account no matter how good technically you are...
Is there any real profitable retailers in Forex?.......
Trading forex for me is not for 5-10 per month, compared to the risk you facing, this is nothing....
You want 30-50% per years with less risk...?.. other real business is available out there
An opinion said that you must risk not more than 1-2% of your account but at the end your account blown anyway, you know the answer....Psychological matter
I 'have been trading for about 3 years, during the period, Lost totally almost 20.000 USD...., actually most of position maybe more or less 70% position win but huge lost in remaining trade....
The most interesting is when I grew account from 700 to 3600 usd within 1.5 month, but....3600 become 0 just within 4 days only.....when this thing happened I began hopeless and starting think what I have done,,,???
I was starting thinking, is there anybody out there really make money from this thing?...., I remember my friend also mentor in trading...at the starting of his trade, he made money consistently until he had a huge loss during GBP / USD crash more than 2000 pips couple years ago, after that he trade small capital not more than 200 USD, owww.....how come?....I think He is smart, knowing technical and fundamental very well, Dr of Science department, still loss confident to trade with big capital....one day I see his account with only 2 USD remaining.....
Another story from other friend...he losses all account after growing 1700 to 30.000 usd, similiar story....
I've read also similar story a trader who won million dollar finally loss all his gain, so I am thinking the ending of trading is always losing, the only winner is market mover, the one who able to make market moving to any direction they want...
One black swan like USD/CHF recently is enough to blow your account no matter how good technically you are...
Is there any real profitable retailers in Forex?.......