Are you profitable? | Forex Factory

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Are you profitable?

  • #1
  • First Post: Jun 14, 2017 2:09pm Jun 14, 2017 2:09pm
Hi Folks!
I wanna know if you are profitable, and if not, tell us your story and why you can't have sucess.
Forex is not impossible to be profitable but it's not easy either.
Chase your dreams, because nobody will do it for you.
  • #2
  • Jun 14, 2017 2:57pm Jun 14, 2017 2:57pm
yes i am for the first time in my trading life!!!
i have lost $4000 before seeing the light and now i am trading using fibonacci and should be on track to make that much by the end of the year (i demoed the system i am using right now for 3 months before i went live...)
to me it feels like the holy grail so not giving away any other info!!!!!!!!!!
Fib(onacci) my way to glory
  • #3
  • Jun 14, 2017 4:53pm Jun 14, 2017 4:53pm
Quoting billsmith
yes i am for the first time in my trading life!!! i have lost $4000 before seeing the light and now i am trading using fibonacci and should be on track to make that much by the end of the year (i demoed the system i am using right now for 3 months before i went live...) to me it feels like the holy grail so not giving away any other info!!!!!!!!!!
I know how you feel, bill!
When you see the light on the end of the tunnel, it's a pleasure.
I have lost like close to 1.000 pounds before being profitable too.
Chase your dreams, because nobody will do it for you.
  • #4
  • Jun 14, 2017 6:02pm Jun 14, 2017 6:02pm
Can't wait till I lose the rest, i've lost 100 so far and now on my way to lose another 200. But hope to see the light somewhere between a 1000 and 4000.

I created a strategy, back-tested on all symbols was very positive, how ever when i went live went great first two days and then it placed a Buy that I didn't like at all... now I just put a TP of a few pips and I will wait it out and placed another trade in the opposite direction to avoid draw-down. So technically I'm not losing as yet.

So I still believe you can fix your trades, the only downside is that you need a lot of patience and turn off your emotions fully.
  • #5
  • Jun 14, 2017 6:58pm Jun 14, 2017 6:58pm
Hello guys its my first post here, I started this of trading when I was 17, now Im almost 19.
I've been losing money until this beginning of the year.
Probably I have been lost like 600 or 800 euros, not sure.
When I started I was trading S/R and it didnt work form me, im not going to say S/R isnt a good strategy, only that isnt for me.
I trade only forex, and my analysis is based on my collection of patterns that I have, see and trade them.
I think I still have a long way to go, but just happy that im being profitable 6 months in a row, I think one of the things I have to practice more is my money management, I suppose thats why I have a lot of ups and downs in my account.

People who think they cant be good on this just stay trying, be constant, everything takes time, for me it was 2 years, to somebody it could take more or less.
Dont give up.
Sorry if theres some mistakes, but im Spanish.
NaviHH
NaviManual All Time Return: 173.8%
  • #6
  • Jun 15, 2017 5:43am Jun 15, 2017 5:43am
Quoting SupCnR
Hi Folks! I wanna know if you are profitable, and if not, tell us your story and why you can't have success. Forex is not impossible to be profitable but it's not easy either.
I can say that I am a profitable trader. Almost all of the successful traders have gone to initial process of the Forex trading system. I suppose traders have also practiced and tried demo accounts before being successful in the business. Being successful requires continual learning, evaluation and adaptation. As for me now, also with the help of my current broker, I can say that I am profitable and earning profits
Sweet Princess, ForexMart
  • #7
  • Jun 15, 2017 10:02am Jun 15, 2017 10:02am
Quoting Beerbelly
Can't wait till I lose the rest, i've lost 100 so far and now on my way to lose another 200. But hope to see the light somewhere between a 1000 and 4000. I created a strategy, back-tested on all symbols was very positive, how ever when i went live went great first two days and then it placed a Buy that I didn't like at all... now I just put a TP of a few pips and I will wait it out and placed another trade in the opposite direction to avoid draw-down. So technically I'm not losing as yet. So I still believe you can fix your trades, the only downside...
Losing is part of the game, you will lose most of the times and than start winning.
Just don't give up.
Chase your dreams, because nobody will do it for you.
  • #8
  • Last Post: Jun 15, 2017 10:07am Jun 15, 2017 10:07am
the answer is yes first step was to leave forex second trade the emini nasdaq in the futures market thirdly learn market profile and finally treat it like a business
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