Forex as a Future?

Look I'm not a genius, I analyze hlc to minimize the error I also double the avg spread... 80% year is doable if you learn PA.. believe me or not

Ya absolutely even 30% yearly is nice.

Forex Trading has now become an international Business and it is done, almost in the each and every corner of the world. You need to learn a lot though to become successful in it.

It has always been international - that is the whole point of a currency exchange.

You're taking on far too much risk for your account size.

After nine years trading, you should know this.

Yes, I know but I do only this for my only income so...with the risk comes to the rewards, for me...If I had at least 3k in account I wouldn't do that, until I reach on that level I have to. Cheers!

With risk also come losses. However, if something works for you and has worked repeatedly, then there’s no need to fix that which isn’t broken.

Forex is a very great business, though it is risky and not easy to learn, it would be very much beneficial if you get a grasp of it.

Honestly I do not see myself anywhere else than FX. Just hope they did not close this someday. I was trading stock market earlier, but leverage and easy. accessible trading in both directions on forex was much more attractive for me.

Some info for those who repeatedly insist that profitable FX is mere luck.

I think now a lot of people gonna ask who is that guy trading the account. Is he on this forum ?

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Forex is never going to end and having big future. Everyone in this world knows how important is to trade currency, and for that Forex is big, easy platform. So join it and earn good money from it.

IMO - it can be profitable long term if you know what you are doing. If you come into this simply to time the markets and feed your ego, you are not going to be in this game soon -- been there, done that. This time, I see this as my savings account that earns interest you won't find anywhere else.

too bad, i hope he wont mind you publishing his name since it is in his interest (although you said he is already making millions in commissions).
Is it possible at leat to know if he is in FF ?

Forex is definitely something that can change your life, but i find myself comfortable by trading part time and having a job on the side, as i notice it makes me more relaxed about it.
I have heard that we should invest only those money that we can afford to lose, but by doing so I am not able to put all my effort into it, and therefore loading the account with money I could have used for something else, I get more stimulation and willing to trade well.

Another things i noticed is that when i try systems or robots on demo after making the necessary settings, there are always some kind of profits compared to the live account_ I couldn't really find an explanation for this until i realised that on demo i am not much concerned about the results in terms of $$,,, meaning i am not as worried as i would be if i was to trade on live account.
Also lately i have been testing systems and Ea's on Demo only initially and once i understood the way they work, i traded directly on live account and forcing myself to have a mental attitude as i was testing them out on a demo account.
I am aware that it takes months of trying the chosen strategy on demo first and then switching to live, but by doing so and trading on demo for months, I wont get the right mental attitude and readiness. (Obviously i speak for myself, and still listen what other traders have to say about this)

For those thinking that forex is a gambling that is definitely a wrong thinking and the people who have shown great results like Hanover, Hp and some other great traders they have proved that it can be done, when we are willing to succeed and use our intelligence.
Seeing the account growing it is certainly a great satisfaction, even if it is a micro account, but seeing that we get results because we followed the rules, we understood the system. we didn't get too greedy, and we looked at what was there in the market rather than looking for what we were hoping for,,, it is a double satisfaction_
I found also that non-trading on certain days or certain hours, is also trading; There are times when i smile if i think I could have taken a trade just because i was bored and i was feeling to do something and i didnt, and the chart proved me right. And obviously there are also times when i bite my fingers not to have bought that basket of currencies which later went up or down so well for a nice profit.
I like forex and I don't want to think about the future and if one day I should become a full time forex trader, I would prefer that it happens without any plans and just because trading has become my passion and my joy, and whatsoever money can be lost or gained that is another matter. Hopefully of course the profit loss will be always positive ;-)

Oh yes, Forex will end one day, unfortunately, when the banksters create the New World Order and its One Currency.
No more Dollar, Euro, Yen, Pound, or whatever, just one single currency.

It is not a conspiracy theory anymore and the idea is gaining momentum...

Forex trading can change our future but it's not for everyone. It has a great profit potential due to which we all get attracted towards it. But almost 90% traders lose money in forex. Just like any other business, lot of efforts and time are required in order to make profits. It can only be profitable if you have realistic expectations and proper trading plan, testing your trading strategy, understanding market philosophy.

My future plan is all about Forex trading! I have already complicated my graduation on Pharmacy! But honestly, I believe Forex trading is much flexible working place for me! That’s way, now I am making my future trading plan so carefully! Yeah, I know it’s not easy way of money making but I am confident about my success!

Just remember : Risk is when you don't know what you are doing.