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Who makes real money from forex?

  • #101
  • Jan 30, 2016 4:17am Jan 30, 2016 4:17am
Quoting ninjasoul008
ofcourse you can. But are you able to manage your risks and prepared for those drawdowns? Are you willing to independently analyse the latest data coming out everyday and digest them to reshape your trading strategies, often sacrificing sleep? This market is not for the fainthearted, get financially and mentally prepared. Good luck.
I have seen your work brother,you have paid the price it costs to be successful,congratulations,
GW
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IMPROVISE ADAPT OVERCOME
  • #102
  • Jan 30, 2016 8:30pm Jan 30, 2016 8:30pm
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To get what only the 5 percent have, you need to be willing to do what only the 5 percent do.
IMPROVISE ADAPT OVERCOME
  • #103
  • Jan 30, 2016 9:23pm Jan 30, 2016 9:23pm
Quoting Ghost Walker
{image} To get what only the 5 percent have, you need to be willing to do what only the 5 percent do.
According to the 2015 wealth pyramid only .7% of the worlds population hold over $1 million each. 7.4% hold between 100K and $1 million. So the top 5% think differently from the rest and its why they succeed.

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20 Pips a day keeps centerlink away
  • #104
  • Feb 1, 2016 2:55am Feb 1, 2016 2:55am
Quoting PaulDaemon
{quote} According to the 2015 wealth pyramid only .7% of the worlds population hold over $1 million each. 7.4% hold between 100K and $1 million. So the top 5% think differently from the rest and its why they succeed. https://www.youtube.com/watch?v=EyhOmBPtGNM
Or if you listen to Bernie Sanders, just tax them all to death and then you can join their ranks.
  • #105
  • Feb 10, 2016 9:44pm Feb 10, 2016 9:44pm
anyone can make money in forex, having increased trading skills will allow us to manage capital well. for that, we need to have a good trading skills before engaging in the forex because forex is high risk
  • #106
  • Feb 10, 2016 9:47pm Feb 10, 2016 9:47pm
Leveraged and ego is high risk..
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -509
  • #107
  • Feb 10, 2016 9:56pm Feb 10, 2016 9:56pm
He made money
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  • #108
  • Feb 10, 2016 10:43pm Feb 10, 2016 10:43pm
Quoting jmn5611
{quote} GBPNZD has an average daily range of over 200 pips, just sayin.
Plenty of pips to be made on GJ , EURAUD crosses in general on a daily basis.
If you have the energy, focus and the patience to stuck by the screen.

You have got to be serious about trading. Treat it as a real job or a business. You'll need to put in the work for the reward. It's going to be a daunting at times exhilarating experience. If you don't enjoy the challenge. Exit now. Don't do it only for the money. You'll be disappointed. The truth is you won't be making any anytime soon. If you truly enjoy the process. And have a burning desire (am I getting over the top? I hope not) to know why price moves the way it does. You'll get by. And after 2-5 years you'll see yourself making money on a consistent basis. It's a lot of hard work, dedication and love for what you do. And not as easy as marketers make it out to be.
...
  • #109
  • Feb 13, 2016 12:19pm Feb 13, 2016 12:19pm
Quoting orabi
Hi sir i am a system developer and i earn my living from selling my trading systems .but for last two years i made some profit from trading but it is small because my trading capital is small and i am afraid to lose so much ,trading makes money but for big investors like warren buffet and sores who made billions from trading but for us we lose it from the start in spread and commissions .but some say they are making money my advice when you make money grab it and run away and your wife is so wise and i really think you should thank god for having...
Thank you for your honesty but don't you feel a little guilty about selling people products you know to be defective? You make "some" profit (translation: unstable profits that will probably disappear randomly) so clearly you know your systems are junk.

To everybody else - if someone is making real money from trading which is completely scalable, do you really think they have the time or interest to sell trading "systems"?
  • #110
  • Feb 13, 2016 1:15pm Feb 13, 2016 1:15pm
Quoting orabi
Hi sir i am a system developer and i earn my living from selling my trading systems .but for last two years i made some profit from trading but it is small because my trading capital is small and i am afraid to lose so much ,trading makes money but for big investors like warren buffet and sores who made billions from trading but for us we lose it from the start in spread and commissions .but some say they are making money my advice when you make money grab it and run away and your wife is so wise and i really think you should thank god for having...

Sounds like a nice scam you have there...... "Those who cant do, teach" Why would any sane person buy a trading system from someone that doesnt make money in the market? this makes absolutely no sense to me. If you're not making millions with your system, how do we know it works?
  • #111
  • Feb 13, 2016 1:20pm Feb 13, 2016 1:20pm
Quoting Ghost Walker
{image} To get what only the 5 percent have, you need to be willing to do what only the 5 percent do.


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  • #112
  • Feb 14, 2016 5:06am Feb 14, 2016 5:06am
In order to do what the 5% do you need to have their wealth and access to opportunities though. It's not the same to trade with a $100 account and a $100,000 or a $1,000,000 account.
  • #113
  • Feb 14, 2016 6:24am Feb 14, 2016 6:24am
Quoting mlawson71
In order to do what the 5% do you need to have their wealth and access to opportunities though. It's not the same to trade with a $100 account and a $100,000 or a $1,000,000 account.
We are all born naked into this world and to succeed we have to make the best of what we are given.
20 Pips a day keeps centerlink away
  • #114
  • Feb 15, 2016 5:01am Feb 15, 2016 5:01am
Quoting PaulDaemon
{quote} We are all born naked into this world and to succeed we have to make the best of what we are given.
Mmm, we might be born naked, but what our parents have and give to us differs wildly from person to person. I do agree that we have to work and succeed with what we have, there's no other choice.
  • #115
  • Feb 15, 2016 9:11pm Feb 15, 2016 9:11pm
anyone can make real money in Forex as long as we can continue to learn and practice trading with good, forex is a business that has a high risk to make money then we need to have a good trading skills so that we are able to manage our capital well. to make money in forex we can utilize free capital
  • #116
  • Feb 16, 2016 6:59am Feb 16, 2016 6:59am
The simple fact, the simple secret: If you are not under financial pressure, if you are not desperate for money, if you are not greedy to get on a trade. If you stay cool, focused and apply a proven, methodical approach to Forex trading, the money will come.

KP
Do your homework, follow the footprints of smart money
  • #117
  • Feb 16, 2016 10:36am Feb 16, 2016 10:36am
Quoting KeenPips
The simple fact, the simple secret: If you are not under financial pressure, if you are not desperate for money, if you are not greedy to get on a trade. If you stay cool, focused and apply a proven, methodical approach to Forex trading, the money will come. KP
Not just any system will make you money, you can be Mother Teresa and still her patience wouldn't make you a cent without knowing where the ITs are buying and selling.
  • #118
  • Feb 16, 2016 12:31pm Feb 16, 2016 12:31pm
The market makers and brokers make the real money. Once you get inside their minds, you will too.
Holy grail: risk management
  • #119
  • Feb 16, 2016 12:38pm Feb 16, 2016 12:38pm
Quoting KeenPips
The simple fact, the simple secret: If you are not under financial pressure, if you are not desperate for money, if you are not greedy to get on a trade. If you stay cool, focused and apply a proven, methodical approach to Forex trading, the money will come. KP
Absolutely sir...
Trade fearless not careless...
Syed Mohsin Ali Profit This Month: -509
  • #120
  • Feb 16, 2016 12:59pm Feb 16, 2016 12:59pm
Quoting PaulDaemon
{quote} According to the 2015 wealth pyramid only .7% of the worlds population hold over $1 million each. 7.4% hold between 100K and $1 million. So the top 5% think differently from the rest and its why they succeed. https://www.youtube.com/watch?v=EyhOmBPtGNM
I dont think that is entirely true. If you are born affluent then you are more likely to end up successful. Trump is the son of a real estate developer. If he were born as the son of a janitor there would probably not be a trump tower.
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