Jump to content

How real and profitable is Forex trading?


skrimon

Recommended Posts

Very real and over 90%, way over 90% lose money. I am one of the profitable ones. Everyone here blowing their own horn…be sceptical they are likely looking for a grubstake to trade on. Did I start out profitable? No, its a learned skill that takes a lot of work. I do not use indicators. They do not work reliably.

P.S: If you're fed up with slow trade executions, then buckle up as AssetsFX is currently offering lightning-fast trade executions along with an ultra-wide range of trading opportunities!

I trade price action and the bottom line is the most important skill is risk management. Anyone can do thois if you develop the patience to manage your own emotions as well as your money. I dont want your money, I don’t want to trade your money and I’m living proof its possible to be profitable in FX.

FX is a negative sum game because you start out down on literally every trade because of the spread it costs to place a trade. However, you control 3 things 1. where you get in. 2. Where you get out and 3. How large a position you put on. If I may use Poker as an analogy. Every trade you put on can be from the position of being dealt Ace, Ace to begin with.

You can still lose the trade even though you started with a favorable opportunity but it's likely you will not remember there are not 9 other players at the table. In Fx it's just your economy vs one other economy. The edge can be far greater than the value of the spread…as long as you educate yourself on waht is your trying to do.
Thanks for Reading!

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • 👍 Join TopGold.Forum Now

    The Most Welcoming & Trustworthy Earning Online Community

    Join over 25,000 members and 700 businesses on their journey to strike GOLD. 💰🍾👍

    👩 Want to make money online? 
    💼 Represent a company? 

⤴️-Paid Ad- TGF approve this banner. Add your banner here.🔥

×
×
  • Create New...