Who makes real money from forex? | Page 11 | Forex Factory

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Who makes real money from forex?

  • #201
  • Jun 13, 2016 6:53am Jun 13, 2016 6:53am
I earn a side income from Forex Trading, and I earn enough. I think Forex is the best way to earn if you are free and have internet.
  • #202
  • Jun 13, 2016 8:45am Jun 13, 2016 8:45am
I think social trading is the best. stress free and hassle free
  • #203
  • Jun 15, 2016 11:02am Jun 15, 2016 11:02am
It's possible, I am trading live using an EA, achieving 10% monthly on avg since end April.
Pips Collector EA, No Martingale, No Grid
  • #204
  • Jun 15, 2016 9:56pm Jun 15, 2016 9:56pm
to be able to make money in forex trading skills so we need good, with increased skills will help us to be able to improve trading results. therefore, we need to continue to improve the skills of good trading
  • #205
  • Jun 16, 2016 3:30am Jun 16, 2016 3:30am
Quoting Tinderdater
Demo Accounts are good. However I have found many demo accounts don't trade the same as real accounts. Different spreads, slippages, latency, sometimes even quotes are different. Just a thought.
Which is why it's a good idea to look for a broker that doesn't lie/conceal things about this stuff. Most legitimate brokers - as least the ones with set spreads, etc. - have this information listed on their website so you can check it before you even sign up.
  • #206
  • Jun 17, 2016 6:23am Jun 17, 2016 6:23am
Quoting huatboyz
It's possible, I am trading live using an EA, achieving 10% monthly on avg since end April.
Yes it is ok to have ea that work, but I have come to realise trying to make money in forex with $250 deposit is very very risky with even the safest ea's.
  • #207
  • Jun 28, 2016 11:49pm Jun 28, 2016 11:49pm
Anyone can make money in forex and therefore we need to be a lot to learn and practice trading so well that will make us able to improve the skills well. With increasing skills will help us to be able to improve trading results
  • #208
  • Jun 29, 2016 2:52am Jun 29, 2016 2:52am
If you want to make money from forex, dont trade pairs, trade CFD indices like SP500 or DOW30. with indices, fundamental analysis make more sense.
Im on my way of 10% month with this even though I only size my pips = 10-20 cents/pip with my 5 figures account size and I focus on only SP500 with very simple indicators to support my decision. I trade with time frame minimum 1 hour to maximum 1 month. And yet, I do just several trades a day.

  • #209
  • Jun 29, 2016 3:43am Jun 29, 2016 3:43am
Brokers and banks make real money in this business
  • #210
  • Jul 1, 2016 3:24pm Jul 1, 2016 3:24pm
sarcastically? anyone who makes money makes money in this business, if by real u mean millions then yes banks and corps and the big boys make em, we retail people make cents compared to them and honestly if my hotforex account makes a 5usd profit a month, i will still be happy as long as its a profit, no one wants a lose at the end of the day.
  • #211
  • Jul 9, 2016 8:32pm Jul 9, 2016 8:32pm
Quoting jmn5611
{quote} Trading should not be a way to make a living starting out. It will cause too much stress and that will cause you to over trade or over leverage. Either one of these things will eventually be fatal. Trading should be a hobby until that hobby can support you by double what your current income level is with your job. This should be calculated on a yearly basis. So if you make 50,000 dollars a year on your job, you need to clear 100k in profit before you would consider a transition. You can trade full time and work a full time job if you live...
I am retired have set income and 12 hours a day to play with and studing forex. My though is, as you said to doubling my income should be my Forex goal per year. That would mean my retirement is only one of my income, when its a good year. If I make one third from retirement, one third from writing, one third from Forex, there is still a one third win/loss ratio. That means a one fourth for each is my best plan. Thanks for getting me to look at it this way, in ratio's.
  • #212
  • Jul 10, 2016 10:55pm Jul 10, 2016 10:55pm
I earn some ample amount of profit and I think it is good enough for me. I don't know that other people earn how much income, but I am happy with my income.
  • #213
  • Jul 11, 2016 2:52am Jul 11, 2016 2:52am
Quoting Alex.C
Brokers and banks make real money in this business

I guess traders can also make money along with brokers and banks provided they know how to make money through forex trading.
  • #214
  • Jul 11, 2016 4:41am Jul 11, 2016 4:41am
Quoting jollypk
{quote} I guess traders can also make money along with brokers and banks provided they know how to make money through forex trading.
yes, we can use a demo account first to learn how to make money in forex. learning in a demo account with no risk because only a demo account using virtual money so we had to use a demo account with either
  • #215
  • Jul 11, 2016 6:35am Jul 11, 2016 6:35am
Quoting Atokys
{quote} I don't see why it should be one or the other. A healthier balance would be to keep your job and trade at the same time. You retain your stable income. You get to tailor a strategy for optimal growth based on your own risk tolerance. And your day job keeps you busy enough to avoid the temptation of dabbling in intraday forex silliness. Win-Win.


And your forget the most important thing : when you make ca$h from forex, you go at work happy because you know if you will lose your job, at least you can earn money on forex .
Money moves the market, not an indicator.
  • #216
  • Jul 17, 2016 6:50am Jul 17, 2016 6:50am
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Pearl for You
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IMPROVISE ADAPT OVERCOME
  • #217
  • Jul 24, 2016 7:32pm Jul 24, 2016 7:32pm
anyone can make money in forex if we have a lot of good trading skills to manage capital well. we have much to learn and practice trading with the first well, to be able to make money in forex. therefore, we need to continue to improve skills so well that it can manage capital well
  • #218
  • Jul 24, 2016 10:06pm Jul 24, 2016 10:06pm
I think most people have wrong perception of trading. Moat want to fund an account of one thousand and expect to become millionaires over night. Thunk is what trader need is positive expectations and properly funded account ofsay..... a minimum of 30k. Having these small accounts and low expectation effect traders psychology two form. Loosing trades coupled with uncapitalization forces the trader to have little patience to wait for high probability trades leading to 1. Forcing trades and two over trading. The cycle repeats itself simply because the trader is greedy.if one can overcome that, traders can make money.
  • #219
  • Jul 24, 2016 11:16pm Jul 24, 2016 11:16pm
i win money from this market since 4 years ago.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #220
  • Jul 29, 2016 7:17pm Jul 29, 2016 7:17pm
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Yes It Can Be Done.
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IMPROVISE ADAPT OVERCOME
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