- Anyone here have a successful and durable experience in forex trading ?
- What's techniques did you use ?
- With how much money did you begin ?
- Gives me advice for a beginner like me, please.
I am really sad when i read specialized forums in forex, why?
Because all the trading journal I read ends the same way :
They end up losing all their gains and have their account to 0 dollars, after 6 months or 1 year.
I need testimonials from people who really live forex successfully since several years.
http://forums.babypips.com/newbie-island/70214-truth-about-forex-you-cant-become-rich.html
I think this method is the best to learn forex or index cfd:
Depositing tiny amount less than € 200 and try to make it grow until 1000, once in 1000 reached 900 withdraw.
With the remaining € 100, try to grow them again to € 1,000, remove 900 ... etc.
Do it 10 times successfully
Instead of dropping € 50,000, losing after six months, redeposit € 20,000 and lose again after one week.
For learning maybe. But with a tiny amound like that you need to use a lot of leverage to make any substantial amound of money.
it's gambling bro
>>1102376
Lots of levarage = greater risk of ruin.
I max at 1:15 most of the time.
what's the best broker with little fee and spread ?
>>1102357
what an original question anon
I look fwd to reading the answers
>technical analysis is cool
>technical analysis sux, just astrology you mong
>daytrading is awesome, I make 6000%
>daytrading sux, read my papers on mutual funds, I have autism....
<hi forex bros, I live in alaska and have traded for 2 months, let me manage your funds for you here is my gmail address and here are some screen prints from some dodgy FX bucketshops
>>1102398
Only if you're stretching that leverage for ridiculous lot sizes. There's no point having a 10k account trying to scalp 2pips on 2mil lot.
A larger leverage ratio lets you place more concurrent trades of a sensible lot size.
>>1102376
are you a successful trader ?
what's your capital and perfomance per year ?
>having no trading experience
>on the phone with brokerage agent
>trying to sound smarter
>have $5,000 don't care about just about want to quit wageslave and learn something new
>trying to impress to get option trading, forex, and futures access turned on
"Hm Heh Heh. Nah" she wants to watch my account for a while
"o-oh okay I'll just do covered calls"
>trade rejected, cannot do covered calls long stock only
>this copy pasta gibs me dat thread
>not doing your own due diligence