Forex trading - hard work, but profitable

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Old Jul 11, 2018, 3:20pm   #1
 
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Forex trading - hard work, but profitable

Many people write that it is impossible to make money on Forex. Of course, from the part they are right, but there are nuances. I want to tell you how I came to this market, what I could achieve and through what difficulties I had to go through.
I met Forex 5 years ago, I completed training, started trading and lost almost all of my deposit. Do you know why? Not because I was led to a loss, but because at various courses we get 5% of useful information about the trade. So how do you make money on Forex? From my experience, I can say that you can do everything if:
- You can risk the sums of money without fear of losing them. I can do that! I close the deals that went at a loss and do not regret it, even if the price went up, but if not?!
- You must give this work 10 hours a day minimum. I, for example, can conduct my position for hours, I cannot even go to the toilet.
- What moves the prices? The whole world!
- Broker platform. On the Internet, many brokers are now represented, but you must know that many of them work inappropriately. In total, I changed about 5 brokers, now I'm working with the Golden Markets platform.
- Follow the news, analyze the behaviour of the currency on history, etc.
- Deposit. Frankly, I cannot give recommendations, you can start with any amount, how much you can decide to risk everyone himself.
Are you ready for this? You decide!
Summarized: Can I earn a million? It is possible and even more. Do not go to any courses, everything you need is in the internet, only you need to find the information you need.
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Thanks! The following members like this post: Xubifu
Old Jul 12, 2018, 2:25pm   #2
 
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thanks for sharing, i find useful info for me
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Old Jul 13, 2018, 11:54am   #3
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hi costafa....

ive been gambling for over 40 years and trading and teaching forex for 20 years ......

sure profitable trading is possible ......but the path to profitable trading goes far beyond the external factors of developing successful systems and strategies and understanding markets ..the real challenge is mastering yourself,your Ego and your internal demons

the rest is then easy

N
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Old Jul 13, 2018, 4:21pm   #4
 
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Well said!!! Exactly what NVP said........been consistently profitable for 4 solid years.......after I really understood then mastered my self
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Old Jul 16, 2018, 12:35pm   #5
 
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costafa started this thread
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Originally Posted by NVP View Post
hi costafa....

ive been gambling for over 40 years and trading and teaching forex for 20 years ......

sure profitable trading is possible ......but the path to profitable trading goes far beyond the external factors of developing successful systems and strategies and understanding markets ..the real challenge is mastering yourself,your Ego and your internal demons

the rest is then easy

N
Agree with you!
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Old Yesterday, 11:29am   #6
 
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If that's your argument, doesn't it make more sense to do swing-trading in the stock market than FX?
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Old Yesterday, 2:20pm   #7
 
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Originally Posted by katie_h View Post
If that's your argument, doesn't it make more sense to do swing-trading in the stock market than FX?
Most people who read my post, somehow use the FX, and this post is for them. Otherwise, I completely agree with you, but it's worth considering that the entrance threshold to the stock markets is different. You must be ready for this.
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